NOCK
Nockchain (Zorp) · zkPoW L1 / verifiable compute
Archived as the lesson that a fair launch on paper can be a premine in practice: insider-optimised mining captured the peak-emission window. Volume is ~$0.6M/day, down ~91% from its high, and ~67% of mined NOCK sits in a bridge with withdrawals disabled until Q1 2027.
Key facts
- Circulating 2.37B, 55%
- Locked or unvested 1.93B, 45%
- Max 4.29B
Market data: CoinGecko, Oct 24, 2026. Scores reviewed Oct 23, 2026.
Assessment
Nockchain has no value engine: fees go to miners and NOCK pays only its own network's fees. The launch was fair on paper, but Zorp mined ~603M NOCK with private provers while the public miner could not win blocks, ~27% of the ~2.36B mined counting the 20% coinbase stream to named registrants. The top prover mined ~46% of blocks, two emergency forks patched exploited mining bugs in Jul-Aug 2026, and ~67% of mined NOCK sits in the Base bridge with withdrawals disabled until Q1 2027. Mining issuance of ~16-18% a year under the 4.29B cap, on a schedule the Aletheia fork already rewrote, keeps supply discipline at zero.
How value reaches holders
None: fees go to miners. 2^32 (~4.295B) hard cap, mining-only, no premine; front-loaded, with ~half the cap emitted in 2025 and ~17%/yr inflation mid-2026; the block reward drops from 2,048 to 1,536 NOCK around Oct 23, 2026. The Aletheia fork (May 2026) set an 80/20 coinbase split, 20% to a protocol fund governed by Nock Community Co.; Logos (Aug 14, 2026) generalized the 20% to each puzzle market's registrant instead of restoring 100% to miners
Score anatomy
Demand
6 / 45: the stronger of two routes, plus adoptionWhy would anyone hold it: does value reach the token, and is the network or product used today?
Nothing reaches holders by design
Under $0.5M/yr, or emissions-subsidized only
Pays its own network's fees; no other monetary use (panel 1).
Pays its own network's fees (gas never counts higher, whatever the size of the economy)high confidenceHow this is scored
No measurable use beyond mining and trading the token; no apps or paying demand on Nockchain
No product use: the token is the product, or the network or product is not live or sits idlelow confidenceHow this is scored
Two routes, the stronger counts
Soundness
9 / 40Can a long-term holder trust the rules: supply, float, distribution and control?
~16-18%/yr mining issuance (Oct 2026) under the 4.29B cap; the Aletheia fork rewrote the schedule and diverts 20% to a protocol fund.
Over 15%/yr, or a key, company, committee or multisig can mint without limit or redirect issuancehigh confidenceHow this is scored
Mining-only with no allocation; 67% of mined NOCK sits in the Base bridge (withdrawals disabled until Q1 2027) but is already bridged supply.
Fully vested, no scheduled unlocksmedium confidenceHow this is scored
Zorp mined ~603M NOCK with private provers while the public miner could not win blocks, plus a 20% coinbase stream to named registrants: ~27% of the ~2.36B mined
Insiders received 25-50%, or one organization directs 10-30%medium confidenceHow this is scored
The top ZK prover mined ~46% of blocks, and two emergency forks patched exploited mining bugs in Jul-Aug 2026, inside the 24-month window
A halt, rollback or exploited consensus bug in the last 24 months, attack cost under $10M, or a foundation-selected validator set or small multisig can halt or upgrade with no meaningful exit windowmedium confidenceHow this is scored
Durability
3 / 15Is it big, proven and reachable by institutions?
$49.1M market cap (band 1), $963K/day median volume (band 1), no flags.
Marginal: $10-50M market cap and $250K/day+How this is scored
Mainnet May 2025: 1.4 years old (panel 1).
1-3 yearshigh confidenceHow this is scored
Spot on Kraken plus LBank, MEXC and Base DEXs; no ETP (panel 1).
Top-tier exchanges only, or delisting pressurehigh confidenceHow this is scored
What would move it up
To reach T4 Speculative, one gate is still open:
- Supply 0needs 1(open)
Tier outlook · next trigger Oct 23, 2026
Could move up ↑medium likelihood
- Supply rises to 1 once the block reward cut from 2,048 to 1,536 NOCK (around Oct 23, 2026) takes issuance under 15%/yr
- Base bridge withdrawals reopening in Q1 2027, with ~67% of mined NOCK inside
- Security: independent miners' share of proofpower against the top prover's ~46% of blocks
- Revenue from non-affiliate paid inference through Logos markets
- Distribution: whether the 20% registrant stream routes to National Compute, the founders' company
How the ranking works and how NOCK compares: see the full ranking. This entry as JSON:
GET https://tokens.10102.io/api/v1/tokenomics?symbol=NOCK