A long-time developer wants to split Bitcoin blockchain and reassign Satoshi coins. The community is calling it a theft
Long-time Bitcoin developer Paul Sztorc has proposed a controversial hard fork called eCash, set for August 2026, which would give existing Bitcoin holders equivalent tokens on a new chain while reallocating coins linked to Bitcoin's founder, Satoshi Nakamoto. This plan has sparked significant backlash within the community, with many labeling it unethical and akin to theft.
The proposed eCash hard fork by Paul Sztorc, which involves reassigning coins tied to Satoshi Nakamoto, highlights significant ethical and security concerns within the crypto community, potentially setting a risky precedent. As someone focused on crypto regulation and blockchain technology, you should closely monitor how this planned fork impacts investor trust and network decentralization, as these factors could influence future blockchain governance and regulatory frameworks.