On 21 August users holding Bitcoin in non-custodial wallets will be eligible to receive an equal amount of eCash (ECX) tokens.

Fork mechanics

The upcoming network split will create a new chain distributing ECX at a one-to-one ratio to Bitcoin holders recorded at the fork snapshot moment.

The operation does not convert or remove existing Bitcoin balances; holders retain their BTC while also becoming entitled to ECX on the new network.

Custodial and non-custodial implications

If Bitcoin is stored on a custodial exchange, receipt of ECX depends entirely on whether the service elects to support the fork and credit users accordingly.

Holders who keep funds in non-custodial wallets at the time of the snapshot should be able to claim equivalent ECX without surrendering their BTC, subject to wallet compatibility.

Tools and safety

The project team is preparing a dedicated tool to separate and secure BTC and ECX positions, aiming to minimize user risk during the claim process.

Users are advised to verify the official availability and instructions of such tools before attempting any on-chain operations to avoid accidental losses.

Project background

The initiative is led by developer Paul Sztorc, who has advocated scaling Bitcoin via sidechains for over 10 years and now implements that concept as an independent network.

The new chain implements design choices reflecting the team’s priorities, while Bitcoin’s existing ledger and assets remain unchanged after the fork.

Key points to remember

• BTC balances remain intact and are not exchanged for ECX.
• Exchange users should confirm fork support with their custodial service in advance.
• The project will provide a tool intended to safely split and claim newly issued ECX.

Participants who plan to receive ECX should ensure they control private keys in a compatible non-custodial wallet prior to the snapshot, or confirm custody support with their exchange.