NEW BITCOIN FORK PROPOSED SET FOR AUGUST LAUNCH - EXERCISE CAUTION IF YOU PLAN TO DUMP THE AIRDROP A new Bitcoin hard fork dubbed “eCash” is being developed by Paul Sztorc, with a planned release this August, introducing controversial changes and potential user risks. Holders would receive a 1:1 split of their BTC on the new chain. For example, 4.19 BTC would result in 4.19 eCash. Users can choose to sell, hold, or ignore the forked coins. The project plans to initially replay transactions across both chains, though a coin-splitting tool is expected to be released to separate assets. One of the most contentious elements is the proposed reassignment of a portion of Satoshi Nakamoto’s estimated 1.1M BTC (Patoshi coins) as a premine for investors on the new chain. Sztorc argues this approach avoids a “zombie fork” by enabling early participation and funding, claiming a pure fork would limit coordination and increase the risk of developer capture. ⚠️ Users are urged to exercise extreme caution. Transaction replay means activity on one chain could unintentionally affect funds on the other if coins are not properly split. Sztorc clarified that replay risk would primarily flow from BTC to eCash, not the reverse. However, splitting coins may require exposing private keys, introducing additional security risks.
