A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Redistribute Satoshi-Linked Coins
The eCash proposal, scheduled for August, aims to create a new Bitcoin fork, copying the existing blockchain up to a certain point and redistributing the equivalent balance to users on the new network. However, the plan to reassign Satoshi Nakamoto's dormant coins has raised concerns among Bitcoin enthusiasts. Sztorc, CEO of LayerTwo Labs, has pushed back against accusations of theft, stating tha…
April 28, 2026, 2:41 p.m.