https://coin-spectrum.com/journal/ What the data shows (journal) and the arguments behind the counting rule (blog), from CoinSpectrum, the cryptocurrency ranking that counts each asset once. en Thu, 17 Sep 2026 12:00:00 GMT https://coin-spectrum.com/blog/fair-launch-vs-pre-mined https://coin-spectrum.com/blog/fair-launch-vs-pre-mined Thu, 17 Sep 2026 12:00:00 GMT Blog A new filter on the ranking separates coins that started empty from coins that shipped with an initial allocation. The bucket a chain lands in shapes who holds it, who governs it, and who gets to sell it early. https://coin-spectrum.com/blog/what-a-cryptocurrency-actually-is https://coin-spectrum.com/blog/what-a-cryptocurrency-actually-is Wed, 16 Sep 2026 12:00:00 GMT Blog Crypto means hidden. The Bitcoin whitepaper was a solution to one problem: money on the internet without a bank in the middle. Everything the site's counting rule accepts or refuses is a corollary of those two facts. https://coin-spectrum.com/blog/how-exchanges-are-ranked https://coin-spectrum.com/blog/how-exchanges-are-ranked Mon, 14 Sep 2026 12:00:00 GMT Blog Nine signals, weights that sum to 100, reserves checked on chain, and a reliability ratio that measures claimed liquidity against the venue's own traffic. Every number behind the CEX score, stated. https://coin-spectrum.com/blog/coingecko-trust-score https://coin-spectrum.com/blog/coingecko-trust-score Sun, 13 Sep 2026 12:00:00 GMT Blog CoinGecko's Trust Score dropped web traffic for order-book depth in 2026. That swapped a signal exchanges can't fake for one they can. CoinSpectrum kept it. https://coin-spectrum.com/blog/stablecoin-reserves https://coin-spectrum.com/blog/stablecoin-reserves Sun, 13 Sep 2026 12:00:00 GMT Blog Roughly $300B of dollar-pegged tokens now circulate on crypto rails. Two issuers hold 88%. Here is who they are, what actually backs each coin, and where reserve claims have broken before. https://coin-spectrum.com/journal/bitcoin-shrinking-cycles https://coin-spectrum.com/journal/bitcoin-shrinking-cycles Sun, 13 Sep 2026 12:00:00 GMT Journal In 2022, a Bitcoin cycle low fell below the previous cycle's peak for the first time in a decade — the 2021-cycle bottom of $15.6k crossed under the 2017 peak of $19.8k. In 2026 it is happening again with the 2025 cycle, plus every other stat, and the one number that has not moved across five cycles. https://coin-spectrum.com/journal/movers-2026-09-12 https://coin-spectrum.com/journal/movers-2026-09-12 Sat, 12 Sep 2026 12:00:00 GMT Journal Price and rank changes in the CoinSpectrum ranking over the 20 days since 23 August 2026. Read strictly from the site's own snapshot diff over the 171 pure cryptocurrencies — not the wrapped-and-staked leaderboard every other aggregator publishes. https://coin-spectrum.com/journal/movers-2026-08-29 https://coin-spectrum.com/journal/movers-2026-08-29 Sat, 29 Aug 2026 12:00:00 GMT Journal Price and rank changes in the CoinSpectrum ranking over the 6 days since 23 August 2026. Read strictly from the site's own snapshot diff over the 183 pure cryptocurrencies — not the wrapped-and-staked leaderboard every other aggregator publishes. https://coin-spectrum.com/journal/segwit-tested-not-a-soft-fork https://coin-spectrum.com/journal/segwit-tested-not-a-soft-fork Thu, 27 Aug 2026 12:00:00 GMT Journal A 10-node regtest study of SegWit vs pre-SegWit consensus at six hashpower ratios. Both sides validate honestly by their own rules; the rules diverge; the chain splits at every ratio. Plus the direct anyone-can-spend test on Bitcoin Core 0.12.1 and what 'backward-compatible' actually covered. https://coin-spectrum.com/journal/bitcoin-2017-upgrade-paths https://coin-spectrum.com/journal/bitcoin-2017-upgrade-paths Sun, 23 Aug 2026 12:00:00 GMT Journal On 1 August 2017 the Bitcoin network activated a block-size upgrade; three weeks later a separate SegWit upgrade activated on the same network. Calling one 'Bitcoin' and the other 'a fork of Bitcoin' is inheritance by ticker, not by protocol history. https://coin-spectrum.com/journal/hard-fork-vs-chain-split https://coin-spectrum.com/journal/hard-fork-vs-chain-split Sun, 23 Aug 2026 12:00:00 GMT Journal A hard fork is a protocol upgrade. A chain split is what happens when a hard fork doesn't get the coordination it needs and two groups of nodes keep running two versions. Same mechanism at activation, different outcome in the days that follow. https://coin-spectrum.com/journal/segwit-soft-or-hard-fork https://coin-spectrum.com/journal/segwit-soft-or-hard-fork Sun, 23 Aug 2026 12:00:00 GMT Journal SegWit is universally classified as a soft fork. Legacy nodes did not crash. But they lost the ability to verify signatures the whitepaper's Section 2 says are the definition of ownership — and the activation was forced on miners by economic threat, not consensus. On the mechanics, it is a hard fork wearing a soft-fork label. https://coin-spectrum.com/journal/three-bitcoins https://coin-spectrum.com/journal/three-bitcoins Sun, 23 Aug 2026 12:00:00 GMT Journal Same protocol lineage, same algorithm, same twenty-one-million cap. Three chains, three consensus, three separate items in the ranking — the counting rule applied to its hardest case. https://coin-spectrum.com/journal/pow-hashrate-leaderboard https://coin-spectrum.com/journal/pow-hashrate-leaderboard Sat, 22 Aug 2026 12:00:00 GMT Journal Twenty-eight cryptocurrencies still carry a hashrate figure, and between them they use twenty different algorithms. A single ranking that adds them up ranks nothing at all. https://coin-spectrum.com/blog/a-token-is-not-a-cryptocurrency https://coin-spectrum.com/blog/a-token-is-not-a-cryptocurrency Fri, 21 Aug 2026 12:00:00 GMT Blog 1,301 token listings sit on the site — none of them produce a block. They rent someone else's consensus, and are ranked separately for that reason. https://coin-spectrum.com/blog/counting-rule https://coin-spectrum.com/blog/counting-rule Fri, 21 Aug 2026 12:00:00 GMT Blog Every aggregator counts wrapped and pegged assets alongside the things they represent. 596 of 2,422 listings are claims on assets already counted. https://coin-spectrum.com/blog/hashrate-is-not-one-number https://coin-spectrum.com/blog/hashrate-is-not-one-number Fri, 21 Aug 2026 12:00:00 GMT Blog A SHA-256 hash and a Scrypt hash are different units wearing the same suffix. Why the column groups by algorithm, and what merge-mined hashpower actually measures. https://coin-spectrum.com/blog/unclassified https://coin-spectrum.com/blog/unclassified Fri, 21 Aug 2026 12:00:00 GMT Blog Of the 181 cryptocurrencies on the site, only 23 have ever had a regulator take a position. Sites that show a clean category for every asset are printing a guess.