Quote from: zmhtech on May 31, 2015, 09:31:20 PM

I am still a little confused. I have all of my BTC in paper wallets. so if the fork does happen, I can choose what network to import the keys into when I decide to spend them? also what if I want to switch networks? do I just make a new paper wallet and then import it into the other network? I also cant see how both wallets can exist in both networks, since they allow us to have double the coins. will their just be a blockchain.info that shows the balance for your paper wallet on bitcoin QT and a blockchainXT that shows the balance for the paper wallet on the XT network?

Thanks

If you backup your wallet now (paper or otherwise), and keep that backup, if a fork occurs you can use it with clients for each fork. If a fork occurs, it occurs at a certain point in the blockchain, so the balance associated is the same up to that point.

If after a fork there's not one clear loser (i.e. either Bitcoin Core or Bitcoin XT fall out of use) you're talking about two difference currencies which inherit the same initial Bitcoin blockchain, but any future transactions are totally separate.

So as blockchain.info is for Bitcoin, explorer.litecoin.net is for litecoin, if Bitcoin split and both forks survive blockchain.info would either have to pick a side or start recording two different chains.

N.B QT is a technology for creating a graphical user interface for code, it's more useful to refer to Bitcoin Core (everything up to now, bitcoind and Bitcoin-QT) and Bitcoin XT (current status like a beta version of bitcoind)

Quote from: unamis76 on May 31, 2015, 09:26:27 PM

Thanks for this thread... we need some sanity in here sometimes Grin

As for both options on the table... Both are valid, but why sidechains instead of just increasing block size? Is the usage of sidechains documented enough for it to be a powerful solution comparing to increasing block size?

https://www.blockstream.com/sidechains.pdf
It sounds reasonable, but IMO forcing it on Bitcoin when just increasing the max block size until a solution (possibly sidechains) is widely tested/agreed upon is not appropriate. I feel as though it should be set up independently, I'm sure a lot of the alt currencies would love to opt in, or be created specifically for that purpose.