New Bitcoin Hard Fork Proposes Reassignment of Satoshi’s BTC
- LayerTwo Labs CEO Paul Sztorc announced a hard fork called “eCash,” set to launch in August 2025.
- Sztorc plans to manually reassign fewer than half of Satoshi Nakamoto’s estimated 1.1 million BTC to current investors.
- Satoshi’s address currently holds approximately 1.09 million BTC, valued at around $85.12 billion.
- Critics within the Bitcoin community have raised concerns about the ethics of reallocating these coins, comparing it to pre-mining.
- A separate proposal aims to protect Bitcoin wallets from potential quantum computing threats by limiting transactions from vulnerable wallets.
The proposed hard fork and potential reassignment of Satoshi’s holdings have sparked significant debate within the community, with some viewing it as a necessary step for innovation while others see it as a violation of Bitcoin’s principles.
As discussions continue, the fate of Satoshi’s BTC remains uncertain, with the total amount held being approximately 1.09 million BTC. (Source)
