Phoenixcoin (PXC)
Phoenixcoin ranks #204 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1609: 1405 of the 1608 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 1890 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 33% are claims on other assets, 5% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — no market data |
|---|---|
| Rank among cryptocurrencies | #204 |
| Rank counting claims | #1609 |
| Market capitalisation | $2M |
| Price | $0.0198 |
| Circulating supply | 93,949,231 PXC |
| Maximum supply | 98,000,000 PXC |
| Consensus family | Proof of Work |
| Consensus mechanism | NeoScrypt |
| Own hashrate | — |
| Ledger type | Single-asset ledger |
| Launch distribution | Premine |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
Grade pending. No market cap or no daily volume is reported for Phoenixcoin by any source the site reads. 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 | 9.4 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.3 | fixed maximum supply of 98 million |
| Distribution | 10 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 9.9 | 1.1% of today's supply allocated at launch to founders, a company, a foundation or investors. The first block was mined on 8 May 2013, but the coin wasn't released to the public until about block 20,000, giving a founder pre-mine of about 1M PXC (Phenix Crypto Systems, for the Phenix Poker / Safe Trade projects). 1M / 93.2M current supply (CoinGecko, 2026-10-23) = 1.1%. 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. GetProofOfWorkReward pays the whole subsidy (50, later 25 PXC, halving every 1M blocks) plus fees to the miner's coinbase. There is no developer output; the founder's ~1M PXC came from the early private mining period (premine). source |
| Decentralisation | 6.7 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No mechanism freezes or blacklists coins; the advanced-checkpoint key lets its holder pin which chain nodes accept (reorg protection), which is central control over chain selection but not a freeze of user funds. source |
| No central team (Source) | 0 | A central team directs it: The only client (MIT licence) is maintained by a single developer, ghostlander, in a personal GitHub repository, and the protocol includes centrally broadcast 'advanced checkpoints' signed by the developer's key. 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 | 8.1 | 3.2 of 4 points, 4 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | – | |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 6.3 | own work 5; about 74.1 kW (estimated from its miner pay), 1.3 of 5 |
| 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) | 6 | one client, latest version Feb 2025, within 24 months |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 5.6 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 8.8 | typical fee $0.0023 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 2.5 | about 26 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.4 | a block every 1 minute |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 7.2 | 0.524 MB limit, 5.24 MB per 10 minutes |
| Features (3 checks) | 3.3 | 1 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | The client (an old Bitcoin/Litecoin 0.6-0.8 code base) has transaction replacement disabled ('Disable replacement feature for now'), so nodes relay the first-seen spend; blocks alone (90 s) would not qualify. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | No -prune option in Phoenixcoin v0.7; nodes keep all blocks. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | The pre-0.8-era codebase (Phoenixcoin v0.7) has no BIP37 merkleblock service for SPV clients. |
| 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 UTXO amounts; no confidential-transaction or shielded feature. |
| Hidden parties (Sender and receiver hidden) | 0 | Transparent addresses; no ring signatures, ZK proofs or stealth addresses. |
| Network privacy (Origin hidden by default) | 0 | Bitcoin-derived node relays its own transactions over clearnet by default; Tor (-proxy/-onion) needs user setup and there is no Dandelion. |
| Programmability | 1.1 | 1 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | Old Bitcoin-codebase Script (src/script.cpp lineage) with spending conditions only. |
| Multisig and time locks (Without a third party) | ✗ | OP_CHECKMULTISIG is present, but OP_NOP2/OP_NOP3 stay no-ops (no CHECKLOCKTIMEVERIFY or CHECKSEQUENCEVERIFY), so outputs cannot carry time-locked spending conditions. |
| Atomic swaps (With other chains) | ✗ | Without CLTV/CSV no script refund path can be time-locked, so an HTLC cannot be expressed in an output. |
| Native DEX (Trades the coin itself, not a claim) | ✗ | No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No cross-chain feature in the protocol. |
| NFTs (Carried by the chain's rules) | ✗ | No token or NFT type in the protocol. |
| Demand | 0.6 | average of 3 measures |
| Exchanges (10 or more: 10) | 0 | no exchange the site reads trades it |
| Daily volume ($10K 0, $1B or more 10) | – | no volume reported |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| 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) | 0.7 | $1.9M, 0.7 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| 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 | 6.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 10 | 13 full years since 2013-07-04, 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, 2 negative source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/ghostlander/Phoenixcoin); Phoenixcoin v0.7 (2025-02-07) and v0.7-beta3 (2025-01-28) are the only releases in the last 24 months; the previous one was v0.7-beta2 in August 2020. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198 (memory half only): misbehaving peers are auto-banned into a ban list with no size limit, so an attacker cycling through many (IPv6) addresses can grow it until memory runs out; still in Phoenixcoin v0.7-pxc, which lacks the getaddr ban-list scan that made it a CPU DoS in Bitcoin Core 0.18-0.20.0. bitcoincore.org raw.githubusercontent.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 Phoenixcoin v0.7-pxc. bitcoincore.org raw.githubusercontent.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+
Kadena KDAA
Zephyr Protocol ZEPH
Hathor HTRB
Handshake HNSAAll 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
93,949,231 of a maximum 98,000,000 PXC are in circulation — 95.9% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 1.1% 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 |
The first block was mined on 8 May 2013, but the coin wasn't released to the public until about block 20,000, giving a founder pre-mine of about 1M PXC (Phenix Crypto Systems, for the Phenix Poker / Safe Trade projects). 1M / 93.2M current supply (CoinGecko, 2026-10-23) = 1.1%.
No sale or venture round found.
GetProofOfWorkReward pays the whole subsidy (50, later 25 PXC, halving every 1M blocks) plus fees to the miner's coinbase. There is no developer output; the founder's ~1M PXC came from the early private mining period (premine).
Sources conflict: FXEmpire and LCX describe the ~1M pre-mine, while BTCC says there was no premine. The original 2013 ANN wasn't checked.
Sources: github.com · fxempire.com · lcx.com · btcc.com. Researched 2026-10-24, high confidence.
The work behind it
No source we can reach publishes a hashrate for Phoenixcoin.
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 Phoenixcoin
Phoenixcoin is #204 among cryptocurrencies and #1609 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 1405 places between Phoenixcoin'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).