Bitcoin Developer Proposes eCash Hard Fork, Sparking Controversy Over Satoshi Coin Reassignment
Veteran Bitcoin developer Paul Sztorc has unveiled a proposal for a hard fork, dubbed eCash, which would create a separate Bitcoin chain, offering equivalent tokens to existing holders. The fork, scheduled for August 2026, has drawn criticism from the community, particularly regarding the plan to reassign coins linked to Bitcoin's mysterious founder, Satoshi Nakamoto. The eCash hard fork would essentially duplicate Bitcoin's code, creating a new chain with its own rules and features, including the addition of Drivechains, a scaling architecture designed to enhance the network's capabilities. However, the decision to utilize coins that would have been allocated to Satoshi's equivalent addresses on the new chain to attract investors has sparked outrage, with some labeling it as 'theft.' The controversy has led to a heated debate within the community, with some arguing that the plan sets a dangerous precedent and could potentially jeopardize the security of all Bitcoin holdings.