Bitcoin Dev Plans to 'Reassign' Coins Linked to Satoshi Nakamoto in Hard Fork

9 hours ago

Paul Sztorc of LayerTwo Labs proposes a Bitcoin hard fork named eCash.
The fork would clone and reassign up to 500,000 Bitcoin linked to Satoshi Nakamoto to investors.
Existing Bitcoin holders will receive equivalent eCash tokens at the time of the fork.
The project is described as a clone of Bitcoin's ledger with modifications, not affecting the original Bitcoin network.
Critics, like Jameson Lopp, view it as a publicity stunt and 'outrage marketing'.
The fork is scheduled for August 2026 and aims to prevent a 'zombie' chain by attracting capital.
It includes Drivechain scaling support with seven sidechains in development.
Past hard forks like Bitcoin Cash and Ethereum Classic have underperformed compared to their originals.

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