Developers plan to fork Bitcoin eCash, reallocation of Satoshi's tokens sparks controversy
According to CoinDesk, Paul Sztorc, a developer who has long focused on Bitcoin scaling solutions, proposed a Bitcoin hard fork named eCash to be initiated in August 2026 at block height 964,000, distributing eCash to users holding BTC at a 1:1 ratio at the time of the fork, and introducing a Drivechains sidechain architecture in the new chain.
The controversy mainly revolves around the plan to pre-allocate a portion of eCash corresponding to Satoshi Nakamoto's address on the new chain to early investors, a move that has drawn criticism from the community, with some individuals claiming it involves "stealing" tokens. Paul Sztorc stated that this move aims to provide incentives for development and collaboration before the project's launch.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

QuFi Launches uBTC Quantum Verification on Bitcoin Testnet 4

Bitcoin Must Drop 83% to $13,136 to Reach STRC 1x BTC Rating

Bitcoin Movie 'Bitcoin' Has a Budget of $70 Million, Craig Wright Portrayed as Satoshi Nakamoto

Morgan Stanley's MSBT Sees Inflow of 355.33 BTC Over Four Days

Bitcoin Holds at 62 Points After Historic High of $124,824 in 2025

Zaprite Launches P2P Payment App in Bitcoin

QuFi Launches Post-Quantum Verification Platform

Trump is Rebuilding the CFTC, But It Might Not Favor Crypto

G7 Urges Action on Quantum Threat to Cybersecurity

$52.5 Billion Net Exposure Differed from Official Net Assets

Polymarket Launches Perpetual Contracts with Up to 20x Leverage

Yen Short Positions Decrease from 137,828 Contracts in June to 77,042 Contracts in August

Bitcoin faces a two-week Fed trap as inflation rewrite threatens to upend rate cuts

Bitcoin Surge Drives Corporate Accumulation of BTC and ETH

30-Year Bond Yield Hits 4.079%, Raising Funding Costs for MetaPlanet's Bitcoin Purchases

Ambient Launches AI Inference-Based Layer 1 Blockchain Testnet

Quantum Memory: The Device That Breaks Bitcoin and Replaces It

Large Investors Barely Sell Bitcoin Due to Low Price

CFTC Requests Dismissal of CME's Lawsuit Regarding Bitcoin Perpetual Contracts

Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire

Debate Over $300 Bitcoin Tax Exemption and Estimated Revenue Increase

Two Arrested in Malaysia for Bitcoin Mining with Illegal Connections

VIX Hits 25 Trading Days of Low Volatility, Longest Streak Since 1992

The Executive Who Anticipates a New Era for Cryptocurrencies: "We Are Just Getting Started"

Bitcoin and Gold Correlation Hits Six-Year High, Impact of Dollar Weakness

Bank of Russia Launches Digital Ruble on September 1, Strategy Buys Bitcoin for $370 Million

Hargreaves Lansdown Launches 9 Crypto ETNs

Stocks, Bonds, Funds: Seoul Prepares for Their Arrival on the Blockchain

A7A5: The number of transactions with the ruble stablecoin increased by 4.4 times









