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External ReportingUpdated 5일 전

Bitcoin’s ECX Hard Fork Splinters Into 3 Launches Through October

Paul Sztorc, the developer behind the Drivechain proposal and BIP 300, announced the change in an Aug. 7 update. ECX is a new blockchain that copies Bitcoin’s full transaction history at a set block height, crediting nearly every…

Bitcoin’s ECX Hard Fork Splinters Into 3 Launches Through October
Source Cryptonews.net 3 분 소요
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번역 중…

Market Context

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$63,268

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43

↑ 8 pts in 24h

Paul Sztorc, the developer behind the Drivechain proposal and BIP 300, announced the change in an Aug. 7 update. ECX is a new blockchain that copies Bitcoin’s full transaction history at a set block height, crediting nearly every Bitcoin holder (minus some of Satoshi’s coins) with an equal amount of ECX. Bitcoin’s own network is not altered by the process.

Sztorc Breaks the Launch Into Three Steps

Under the plan, an “alpha” version of ECX activates Aug. 23 at block 963648. A “beta” version follows Sept. 20 at block 967,680. The permanent, full release is set for Oct. 31 at block 973728.

“The Alpha and Beta launches will (ideally) resemble the full launch, in every way possible,” Sztorc wrote on Friday. Coins collected during the alpha and beta phases can later be burned and redeemed for real ECX once the permanent chain goes live on Oct. 31.

Why Wait? Sztorc Points to Software Risk and Price Discovery

Sztorc listed several reasons for spacing out the launch. Among them: giving the project time to work through what he called “LLM bug chaos,” letting the market settle on an early price for ECX before the network’s mining difficulty locks in, and giving traders something to test and speculate on ahead of the final release.

He also framed the staged approach as a safety net. “Gives us cover if there is some kind of big problem or disaster,” he wrote, adding that the format functions as a live demonstration for people asking whether the new chain will work as intended. The move comes at a time where crypto developers have been scrambling to protect projects from bugs discovered faster by artificial intelligence (AI) models.

Replay Protection Stays Optional, and Sztorc Warns Users

One detail carries over from the original plan: replay protection, the mechanism that keeps a transaction from executing on both the Bitcoin and ECX chains at once, remains opt-in rather than automatic. Official ECX wallet software will apply the protection and alert users before a transaction goes through.

Sztorc was pretty direct about what happens to anyone who ignores that warning. “If you ignore us, we will replay your txns,” he wrote, meaning ECX will follow a user’s outgoing Bitcoin to its new owner unless the split is done intentionally.

Full Launch Lands on a Symbolic Date

The Oct. 31 mainnet date is not arbitrary. It falls on Halloween, exactly on the 18th anniversary of the publication of Satoshi Nakamoto’s Bitcoin white paper, the document that first described Bitcoin’s design in 2008.

What Comes Next

Sztorc gave holders and exchanges a specific runway. “You have 12 weeks to practice,” he wrote, referring to the stretch between the Aug. 23 alpha and the Oct. 31 full release.

Between now and then, bitcoin holders and exchanges face a set of practical decisions: whether to run the official wallet software to separate their BTC and ECX holdings, how exchanges plan to credit customers with the new asset, and how the network’s mining difficulty behaves once the alpha and beta phases begin generating real activity. Each of the three block heights, 963648 in August, 967680 in September and 973728 in October, will mark the next checkpoints to watch.

Sztorc’s announcement comes as Bitcoin faces another fork of a different color, BIP-110, that is estimated to occur at some point today.

Follow the Story

  1. Aug 8Bitcoin’s ECX Hard Fork Splinters Into 3 Launches Through October
  2. Aug 13Bitcoin, Ethereum, XRP, Dogecoin Stay Range-Bound in Low Volume Regime
  3. Aug 13Bitcoin Stalls Near $63,500 Despite Softer US PPI — Is Price About to Pump?
  4. Aug 13Bitcoin dips below $63,000 as $122M in long pos...

Attribution

Originally reported by Cryptonews.net

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