L’idéologie est proche de celle de Bitcoin Gold, puisque encore une fois l’objectif est de mieux répartir le minage :
« The purpose of Bitcoin Silver is to make Bitcoin mining decentralized again. Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole.
By changing Bitcoin’s proof-of-work algorithm from SHA256 to Equihash, all of the specialized SHA256 mining equipment will be obsolete for mining the Bitcoin Silver blockchain. Thus, Bitcoin Silver will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations. A more decentralized, democratic mining infrastructure is more resilient and more in line with Satoshi’s original vision. »
Bitcoin Silver suivra les méthodes de distribution de Bitcoin Cash et sera disponible pour les détenteurs de clés privées BTC en décembre :
« The Bitcoin Silver (BTSI) initial coin distribution method is exactly the same as that used by Bitcoin Cash (BCH). All Bitcoin holders who possess BTC private keys in December (block still to be decided) will receive Bitcoin Silver on the rate of 1 BTC = 1 BTSI (If you have 20 BTC you will receive 20 BTSI). You need to control BTC private keys in order to make Bitcoin Silver transactions. »
Le bloc exact du fork reste encore indéterminé.