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Redefining Ownership: The Bitcoin Proposal to Reallocate Satoshi-Linked Coins Sparks Debate
The proposed eCash fork, scheduled for August, aims to create a new chain by copying Bitcoin's history up to a certain point, giving BTC holders an equivalent balance on the forked network. However, the plan to reallocate 500,000 eCash from Satoshi's addresses to investors has raised concerns about property rights and the integrity of the blockchain. Sztorc maintains that he is not attempting to …
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Reassign Satoshi-Linked Coins
The eCash proposal, scheduled to launch in August, aims to create a new Bitcoin fork that copies the existing blockchain up to a certain point, giving holders an equivalent balance on the new network. However, the plan to redirect a portion of Satoshi's coins to investors has raised concerns about property rights and the potential for setting a bad precedent. Proponents of the plan argue that it'…
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Reassign Satoshi-Linked Coins
Paul Sztorc, CEO of LayerTwo Labs, insists that he is not attempting to move Satoshi Nakamoto's bitcoin. However, his proposed eCash fork has sparked controversy due to its plan to allocate 600,000 eCash to Satoshi's addresses and redirect the remaining 500,000 eCash to investors. The roughly 1.1 million BTC attributed to Satoshi's dormant addresses would normally receive an equivalent balance on…
April 28, 2026, 2:41 p.m.
Tech
A Controversial Proposal: Redefining Satoshi-Linked Coins in the Bitcoin Ecosystem
The eCash proposal, led by Paul Sztorc, has ignited a fierce discussion within the Bitcoin community. At its core, the proposal involves creating a fork of the Bitcoin network, scheduled to occur at block height 964,000, which would result in the creation of a new cryptocurrency called eCash. This new network would replicate the history of the Bitcoin blockchain up to the point of the fork, effec…
April 28, 2026, 2:41 p.m.
Tech
A Bold Proposal: Redefining Satoshi-Linked Coins in the Bitcoin Ecosystem
The eCash proposal, slated for launch in August, has ignited a firestorm of debate within the Bitcoin community. At the heart of the controversy lies the plan to reassign a portion of Satoshi Nakamoto's dormant coins, which have become an integral part of Bitcoin's foundational guarantee. Paul Sztorc, CEO of LayerTwo Labs, has faced backlash over the proposal, with many arguing that it undermines…
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Reallocate Satoshi-Linked Coins
The eCash proposal, slated for August, aims to create a new Bitcoin fork, copying the blockchain's history up to a certain point and giving BTC holders an equivalent balance on the new network. However, the plan to reallocate Satoshi Nakamoto's dormant coins has raised concerns about property rights and the integrity of the Bitcoin network. Sztorc, CEO of LayerTwo Labs, has pushed back against ac…
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Reallocate Satoshi-Linked Coins
Paul Sztorc, CEO of LayerTwo Labs, has sparked controversy with his eCash proposal, a planned Bitcoin fork scheduled for August. The new chain would replicate Bitcoin's history, granting BTC holders an equivalent balance on the forked network. However, the proposal has drawn criticism for its plan to reallocate Satoshi Nakamoto's dormant coins. Approximately 1.1 million BTC, attributed to Bitcoin…
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Reallocate Satoshi-Linked Coins
A recent proposal for a Bitcoin fork, called eCash, has ignited a heated debate within the cryptocurrency community. Paul Sztorc, the CEO of LayerTwo Labs, is not attempting to move Satoshi Nakamoto's dormant bitcoin holdings, but rather plans to allocate a portion of the copied coins to investors who support the project. The eCash fork, scheduled for August, would copy Bitcoin's history up to a …
April 28, 2026, 2:41 p.m.
Tech
A Statement, Not a Heist: Unpacking the Bitcoin Proposal to Reassign Satoshi-Linked Coins
Paul Sztorc is not attempting to move Satoshi Nakamoto's bitcoin. However, his proposal for the eCash fork has ignited a heated debate. The eCash fork, scheduled for August, would copy Bitcoin's history and give BTC holders an equivalent balance on the new network. But what's different about eCash is its plan to reassign Satoshi's copied coins. The proposal would allocate 600,000 eCash to Satoshi…
April 28, 2026, 2:41 p.m.
Tech
A Bold Proposal: Redefining Satoshi's Bitcoin Legacy
Paul Sztorc, CEO of LayerTwo Labs, is at the center of a heated debate surrounding his proposed Bitcoin fork, eCash. The plan involves copying Bitcoin's history up to a certain point and redistributing the equivalent balance on the new network. However, the proposal takes a different turn when it comes to Satoshi Nakamoto's dormant addresses, which hold approximately 1.1 million BTC. Instead of a…
April 28, 2026, 2:41 p.m.