📰 【Bitcoin Developer PaulSztorc Announces Hard Fork eCash Launch in August】

BlockBeats news, on April 25th, Bitcoin developer PaulSztorc announced that in August, the Bitcoin network will undergo a hard fork upgrade called "eCash," aiming to build a brand new competitive Layer 1 network and seven Layer 2 scaling networks (Drivechains). According to his disclosure, after the fork is completed, BTC holders can exchange for eCash at a 1:1 ratio. The new chain's Layer 1 node software will be based on the Bitcoin Core client, "almost a complete replica," and will continue to use the SHA-256 algorithm, while lowering the initial mining difficulty to increase participation. Additionally, eCash...

Brothers, look at which shady project is trying to ride the coattails again? Hard fork and eCash, just hearing it gives me a headache. Bitcoin has been around for so many years, every time someone calls for a fork to create a new chain, isn't it just a scam to take the money and run? The 1:1 exchange sounds great, but how many retail investors can actually walk away unscathed? This is probably another old trick of whitelist scams, airdrops, and pump-and-dump schemes. I've been in this industry for eight years, seen too much—retailers' money is just being tricked away step by step. Don’t get caught up, hold onto your BTC spot holdings, and stay away from this kind of hype. 👇👇👇👇👇