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Paul Sztorc: Bitcoin hard fork 'eCash' plan sparks controversy
CryptoWorld News reports that, according to CoinDesk, long-time Bitcoin developer Paul Sztorc has proposed a Bitcoin hard fork plan called eCash, scheduled for release in August 2026. The plan involves copying Bitcoin’s code, launching an independent version, and airdropping equivalent tokens free of charge to existing Bitcoin holders. However, the community has criticized the funding aspect, arguing that it involves reallocating coins associated with Bitcoin’s creator, Satoshi Nakamoto. Sztorc said that users holding 4.19 BTC will receive 4.19 eCash at the time of the fork. The hard fork is set to be implemented at Bitcoin block height 964,000, at which point tools will be released to help users separate BTC from the new eCash. Sztorc also mentioned that seven drivechains are under development, including privacy chains, prediction markets, and decentralized exchanges. Although the plan is intended to incentivize early participants, industry reactions have been negative, and some have called it “theft.”