BitcoinII ranks #279 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2675: 2396 of the 2674 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 2978 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 34% are claims on other assets, 3% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 68/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #279 |
| Rank counting claims | #2675 |
| Market capitalisation | $197,510 |
| Price | $0.0752 |
| Circulating supply | 2,625,850 BC2 |
| Maximum supply | 2,100,000 BC2 |
| Consensus family | Proof of Work |
| Consensus mechanism | SHA-256 |
| Own hashrate | 19 PH/s |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | No premine |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
A — 68 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 60 to 68 (B to A).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 10 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 8.4 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8.2 | fixed maximum supply of 2.63 million |
| Distribution | 10 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 10 | 0% of today's supply allocated at launch to founders, a company, a foundation or investors. Bitcoin's issuance rules unchanged (50 BC2 per block from block 1, halving every 210,000 blocks) with only the conventional 50 BC2 genesis output; genesis dated 12 December 2024, block 1 mined 22 June 2025. No allocation exists in the code. Difficulty lagged a hashrate surge on 2 July 2025, when blocks ~4,032 to ~20,000 (about 800,000 BC2) were mined in under a day, but by open miners rather than as a founders' allocation. source |
| Fundraising (share sold) (Source) | 10 | No sale of the coin source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No cut: GetBlockSubsidy is Bitcoin's (50 >> halvings) and the whole reward goes to the miner. source |
| Decentralisation | 6.7 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level party can freeze, blacklist or claw back coins or halt the chain. source |
| No central team (Source) | 0 | A central team directs it: Releases are tagged and signed by one developer, KvantaMechanic, in the Bitcoin-II GitHub organisation; the consensus-critical ShockWave difficulty code added in 2026 is under KvantaMechanic's proprietary 'source-review' licence, which forbids reuse or derivative works, so the reference node is no longer fully open source. source |
| Who can mint (Source) | 10 | Open to anyone with hardware: anyone can produce blocks by mining, no permission needed |
| Nodes (Source) | – | Not yet counted |
| Security | 5.4 | 4.4 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 9.5 | largest 18.9%, largest three 54.3% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 0.4 | about 335 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 6.7 | own work 5; about 253 kW, 1.7 of 5; 0.0020% of its algorithm's largest, not scored |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | 7 | one client, latest version Aug 2026 |
| Open source (Node software) | ✗ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 6.5 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $1e-8 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 1.2 | about 12 simple transactions a second |
| Block time (10 minutes 10, less either side) | 9.1 | a block every 18.3 minutes |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 5.6 | 4 MB limit, 2.19 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✗ | Ten-minute probabilistic blocks on a Bitcoin Core 29-31 base, which relays full replace-by-fee by default, with no double-spend proofs or instant locks. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | -prune option inherited from Bitcoin Core 0.11 (2015): keeps the UTXO set and recent blocks. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Bitcoin Core 31-based PoW chain with BIP37 Merkle proofs and BIP157 compact block filters for SPV wallets. |
| Privacy | 7 | 7 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 10 | Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | Transparent transactions: amounts are public on chain. |
| Hidden parties (Sender and receiver hidden) | 0 | Transparent addresses: sender and receiver are public on chain. |
| Network privacy (Origin hidden by default) | 0 | Bitcoin Core 31 base: BIP324 encrypts transport but does not hide origin; Tor is optional. |
| Programmability | 4.4 | 4 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | Bitcoin Core-derived Script (SegWit, Taproot) limited to spending conditions. |
| Multisig and time locks (Without a third party) | ✓ | CHECKMULTISIG plus CLTV (height 260) and CSV (height 280) in BitcoinII mainnet parameters. |
| Atomic swaps (With other chains) | ✓ | HTLCs expressible with OP_SHA256/OP_HASH160 and OP_CHECKLOCKTIMEVERIFY. |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: Komodo DeFi. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging. |
| NFTs (Carried by the chain's rules) | ✗ | No token or NFT type in the consensus rules. |
| Demand | 3.2 | average of 6 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 1.7 | $79,338 traded in 24 hours; #1706 by volume on the exchanges the site reads (scored on the median day of the last 15, $74,422) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 5.7 | 33% of its market cap a day, median of the last 16 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 0 | $198K, 0 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 6 | average of 3 criteria |
| Age (years since genesis) (Source) | 1 | 1 full year since 2025-09-05, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 7 | 2 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 23 commits in 5 of the last 12 months (github.com/Bitcoin-II/BitcoinII-Core); Last release BitcoinII v31.1.0, 2026-08-29 (hard fork at height 57,750: ShockWave difficulty algorithm, Ordinals/Runes restrictions, replay protection); before it v29.1.0, 2025-11-27, which deprecated earlier v29 releases. |
| Shipped a security fix in two years, +1 | ✓ | BitcoinII v31.1.0, Aug 2026: hard fork at height 57,750 adding replay protection and fork-aware header sync, on a Bitcoin Core 31 base that carries upstream disclosed fixes; v29.1.0 (Nov 2025) deprecated all earlier v29 builds. |
| Conduct (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
2,625,850 of a maximum 2,100,000 BC2 are in circulation — effectively all of them.
| Premine (allocated at launch) | 0% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | No sale and no investor round |
Bitcoin's issuance rules unchanged (50 BC2 per block from block 1, halving every 210,000 blocks) with only the conventional 50 BC2 genesis output; genesis dated 12 December 2024, block 1 mined 22 June 2025. No allocation exists in the code. Difficulty lagged a hashrate surge on 2 July 2025, when blocks ~4,032 to ~20,000 (about 800,000 BC2) were mined in under a day, but by open miners rather than as a founders' allocation.
No ICO, presale or venture round (CoinMarketCap's project description: 'no premine, no VC control').
No sale is documented; the project states no premine, no ICO and no investor allocation.
No cut: GetBlockSubsidy is Bitcoin's (50 >> halvings) and the whole reward goes to the miner.
Max supply is 21M under Bitcoin's schedule (the 2.1M max some listings show is wrong). Blocks have averaged ~18 minutes; the 2026 ShockWave per-block difficulty algorithm was added with 'emergency stall recovery', and between heights 40,000 (Sept 2025) and 57,750 (Aug 2026) the chain averaged under 50 blocks a day. The 'Unidentified yiimp pool' label may cover more than one pool.
Sources: github.com · github.com · github.com · explorer.bitcoin-ii.org · coinmarketcap.com. Researched 2026-10-26, medium confidence.
BitcoinII is secured by 19 PH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
BitcoinII is #279 among cryptocurrencies and #2675 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 2396 places between BitcoinII's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).