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Critics Push Back Against Developer’s Plan to Reassign Satoshi’s Coins in eCash Fork

BeInCrypto
Developer Paul Sztorc plans an eCash fork in August 2026, reassigning some Satoshi Nakamoto coins, sparking community backlash.

Summary

Paul Sztorc, a Bitcoin developer and CEO of LayerTwo Labs, has announced plans for 'eCash,' a hard fork scheduled for August 2026. The fork aims to implement BIP300 and BIP301 proposals and will feature a near-copy of Bitcoin Core's L1 node with a one-time difficulty reset. A key, and controversial, aspect of the plan involves reassigning a portion of the coins attributed to Satoshi Nakamoto. Sztorc clarified that this does not involve taking existing BTC but rather allocating newly created eCash tokens to Satoshi's address on the forked chain. Despite his explanations that eCash balances are separate from BTC and require different keys, the proposal has faced significant criticism from the crypto community, with some calling it 'theft' and a 'horrible precedent' that undermines core Bitcoin principles.

(Source:BeInCrypto)