Goldcoin (GLC)
Goldcoin ranks #311 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #3775: 3464 of the 3774 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 4107 non-native assets CoinSpectrum lists above it by market cap, about 65% are tokens, 32% are claims on other assets, 2% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #311 |
| Rank counting claims | #3775 |
| Market capitalisation | $8,072 |
| Price | $0.000185 |
| Circulating supply | 43,681,422 GLC |
| Maximum supply | 72,245,700 GLC |
| Consensus family | Proof of Work |
| Consensus mechanism | Scrypt |
| Own hashrate | 2.48 GH/s |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
Grade pending. What Goldcoin pays its miners is not yet measured. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| 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 | 8.6 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.5 | fixed maximum supply of 72.2 million |
| Distribution | 5.2 | average of 2 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0.4 | 95.9% of today's supply allocated at launch to founders, a company, a foundation or investors. Counted as a later discretionary mint: the v0.15.0 'Treasury' hard fork (August 2023) created a superblock of 1,100,000,000 GLC at height 1,905,100 paid to a team-designated address; 1.1B / 1,147.03M current supply = 95.9%. The 2M GLC from the first 200 blocks of the 2013 launch (10,000 each, 'most of which were given away as bounties' per the code comment) would add about 0.2% but are not counted here. source |
| Fundraising (share sold) (Source) | – | Launch not yet researched |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. Ordinary blocks pay the whole 3 GLC subsidy to the miner; the treasury came from a one-time superblock, counted under premine as a discretionary mint rather than as a block-reward cut. source |
| Decentralisation | 6.7 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No key can freeze or claw back user coins, but the node enforces Advanced Checkpointing signed by a team-held checkpoint public key, which lets the team pin the chain it accepts. source |
| No central team (Source) | 0 | A central team directs it: The goldcoin/goldcoin repository is run by the Goldcoin Project team (lead developer MicroGuy), which also created the 1.1B treasury governed by its board of directors; MIT licence. 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 | 4 | 3.2 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 0 | largest 88.8%, largest three 100% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 0 | about 6 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 5 | own work 5; about 0.5 kW, 0 of 5; 0.000095% 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 Jul 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 8.6 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $1e-7 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 8.8 | about 1,180 simple transactions a second |
| Block time (10 minutes 10, less either side) | 7.6 | a block every 2.2 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) | 10 | 32 MB limit, 144 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) | ✗ | Two-minute proof-of-work blocks on a Litecoin/Bitcoin Core 0.14-era base; no instant locks or double-spend proofs. |
| 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) | ✓ | Scrypt PoW header chain (Litecoin-derived) with BIP37 merkleblock Merkle proofs (SPV). |
| 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 | No Dandelion relay; Tor/onion is an optional -onion/-proxy setting in the Bitcoin-derived node, not on by default. |
| 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 | Litecoin-derived Script limited to spending conditions. |
| Multisig and time locks (Without a third party) | ✓ | CHECKMULTISIG plus CLTV (BIP65 height 815,135, passed) and a BIP9 CSV deployment in Goldcoin 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 | 2.4 | average of 6 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $38 traded in 24 hours; #4167 by volume on the exchanges the site reads (scored on the median day of the last 15, $22) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 2.3 | 0.18% 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 | $8K, 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 | 3.3 | average of 3 criteria |
| Age (years since genesis) (Source) | 0 | 0 full years since 2026-08-18, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 0 | 1 positive, 5 negative source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 22 commits in 3 of the last 12 months (github.com/goldcoin/goldcoin); The only release in the last 24 months is Goldcoin Core v0.17.0-beta1, a public beta (2026-07/08); the last full release was v0.15.0 'Treasury Release' (2023-08-29). |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in Goldcoin v0.15.0. bitcoincore.org github.com |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Goldcoin v0.15.0. bitcoincore.org github.com |
| Unfixed vulnerability, disclosed 2024-07-31, −1 | ✗ | CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Goldcoin v0.15.0. bitcoincore.org github.com |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Goldcoin v0.15.0. bitcoincore.org github.com chainz.cryptoid.info |
| Unfixed vulnerability, disclosed 2024-10-08, −1 | ✗ | CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in Goldcoin v0.15.0. bitcoincore.org github.com github.com |
| 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.
Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Satoxcoin SATOX
InitVerse INI
Acoin ACOIN
Axe AXEAll Proof of Work chains →Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
TRON TRXA
Hyperliquid HYPEB
Cardano ADAA
NEAR Protocol NEARAAll Proof of Stake chains →Supply
43,681,422 of a maximum 72,245,700 GLC are in circulation — 60.5% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 95.9% of today's supply |
|---|---|
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
Counted as a later discretionary mint: the v0.15.0 'Treasury' hard fork (August 2023) created a superblock of 1,100,000,000 GLC at height 1,905,100 paid to a team-designated address; 1.1B / 1,147.03M current supply = 95.9%. The 2M GLC from the first 200 blocks of the 2013 launch (10,000 each, 'most of which were given away as bounties' per the code comment) would add about 0.2% but are not counted here.
No ICO at the 2013 launch. The 2023 treasury was announced as locked in a multisig wallet whose spending (including RSUs for contributors and possible buybacks) a board of directors decides; no sale is documented, but the coins have since left the treasury address.
The treasury address (E8r2RkGvE2kfSMnGHEVBpH3Zhp7Doy38MW) has sent out all 1.1B GLC in 48 transactions, the last in September 2026, but where the coins went and whether any were sold is not documented.
Ordinary blocks pay the whole 3 GLC subsidy to the miner; the treasury came from a one-time superblock, counted under premine as a discretionary mint rather than as a block-reward cut.
Major finding: the input supply (43.7M circ, 72.2M max) predates the 2023 treasury superblock; the chain's actual supply is ~1,147.0M, of which 1.1B came from that one mint. issuerMint is true because the team minted 1.1B outside the emission schedule by a consensus change and its board controls the proceeds. The v0.17.0 beta release notes say an earlier v0.17 build split the network from v0.15 nodes; that was a beta, not a halt.
Sources: github.com · github.com · github.com · chainz.cryptoid.info · bitcointalk.org. Researched 2026-10-26, medium confidence.
The work behind it
Goldcoin is secured by 2.48 GH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
What a regulator has said
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.
How CoinSpectrum ranks Goldcoin
Goldcoin is #311 among cryptocurrencies and #3775 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 3464 places between Goldcoin'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).