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A Statement, Not a Heist: Unpacking the Bitcoin Proposal to Reallocate Satoshi-Linked Coins
Paul Sztorc has no intention of transferring Satoshi Nakamoto's bitcoin holdings. This crucial fact has been lost amidst the backlash surrounding eCash, a proposed Bitcoin fork scheduled to launch in August at block height 964,000. The new chain will replicate Bitcoin's history up to that point, granting BTC holders an equivalent balance on the forked network. For instance, if you hold 4.19 BTC, …
April 28, 2026, 2:41 p.m.
Tech
A Provocative Proposal: Redefining Satoshi-Linked Coins in the Bitcoin Ecosystem
Paul Sztorc, CEO of LayerTwo Labs, has clarified that he is not attempting to move Satoshi Nakamoto's bitcoin, but rather proposing a new Bitcoin fork called eCash, scheduled for August. The eCash network would replicate Bitcoin's history up to a certain point, providing users with an equivalent balance on the new chain. However, Sztorc's plan to redirect a portion of the copied coins attributed …
April 28, 2026, 2:41 p.m.
Tech
A Statement, Not a Heist: Unpacking the Bitcoin Proposal to Reallocate Satoshi-Linked Coins
Paul Sztorc is not attempting to move Satoshi Nakamoto's bitcoin, a fact often overlooked in the backlash surrounding eCash, a proposed Bitcoin fork slated for August. The new chain would replicate Bitcoin's history, granting BTC holders an equivalent balance on the forked network. However, eCash differs from other forks in its plan to reallocate Satoshi's copied coins. The approximately 1.1 mill…
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Understanding the Bitcoin Plan to Reclaim Satoshi-Linked Coins
Paul Sztorc, CEO of LayerTwo Labs, has faced backlash over his proposal for eCash, a Bitcoin fork scheduled for August, which aims to copy Bitcoin's history and give BTC holders an equivalent balance on the new network. However, the plan to allocate 600,000 eCash to addresses linked to Satoshi Nakamoto and redirect the remaining 500,000 eCash to investors has raised concerns about property rights…
April 28, 2026, 2:41 p.m.
Tech
A Statement, Not a Heist: Unpacking the Bitcoin Proposal to Reallocate Satoshi-Linked Coins
The controversy surrounding Paul Sztorc's eCash proposal has obscured a crucial fact: he is not attempting to move Satoshi Nakamoto's bitcoin. Instead, his plan involves copying Bitcoin's history up to a certain point and reallocating the equivalent balance on the new eCash network. However, the proposal takes a different approach when it comes to Satoshi's dormant addresses, which are estimated …
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Reallocate Satoshi-Linked Coins
Paul Sztorc is at the center of a heated debate surrounding his proposed Bitcoin fork, eCash, which has been scheduled to launch in August at block height 964,000. The new chain would replicate Bitcoin's history up to that point, providing BTC holders with an equivalent balance on the forked network. However, the proposal has been met with criticism due to its plan to reallocate Satoshi Nakamoto'…
April 28, 2026, 2:41 p.m.
Tech
A Provocative Proposal: Understanding the Bitcoin Plan to Reallocate Satoshi-Linked Coins
The eCash proposal, a planned Bitcoin fork, has ignited a heated debate over its intention to reallocate the approximately 1.1 million BTC linked to Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Paul Sztorc, CEO of LayerTwo Labs, has clarified that he is not attempting to move Satoshi's original bitcoin, but rather plans to allocate 600,000 eCash to the copied addresses and redirect the …
April 28, 2026, 2:41 p.m.
Tech
Redrawing the Lines: The Bitcoin Proposal to Reassign Satoshi's Coins Sparks Debate
The controversy surrounding eCash, a proposed Bitcoin fork, has centered on Paul Sztorc's intention to redirect a portion of Satoshi Nakamoto's copied coins to investors. Sztorc claims he is not attempting to move Satoshi's original bitcoin, but rather create a new balance on the forked network. The plan would allocate 600,000 eCash to addresses linked to Satoshi and redirect 500,000 eCash to pro…
April 28, 2026, 2:41 p.m.
Tech
A Provocative Proposal: The Bitcoin Fork Seeking to Reassign Satoshi-Linked Coins
The eCash proposal, a planned Bitcoin fork, has ignited a heated debate within the cryptocurrency community. At its core, the proposal involves creating a new chain that duplicates Bitcoin's history up to a certain point, effectively giving BTC holders an equivalent balance on the new network. However, the proposal takes a contentious turn with its plan to reassign the approximately 1.1 million B…
April 28, 2026, 2:41 p.m.
Tech
A Proposal, Not a Heist: Unpacking the Bitcoin Plan to Reallocate Satoshi-Linked Coins
The controversy surrounding eCash, a proposed Bitcoin fork, has led to a heated debate about property rights and the integrity of the Bitcoin network. Paul Sztorc, the CEO of LayerTwo Labs, has clarified that he is not trying to move Satoshi Nakamoto's bitcoin, but rather plans to allocate 600,000 eCash to the addresses linked to Satoshi and redirect the remaining 500,000 eCash to investors who f…
April 28, 2026, 2:41 p.m.