I have been trying to read a lot about the possible hardfork, though I still get a little bit confused on some of the steps to take and i am sure some newbies don't even know if they are in danger of loosing their coins or not. For example, I know it is a necessity to move your coins to a wallet you can control the private keys or find out if the web wallet you are using will be ready to adjust to both sides after the fork or not. I know there are some things one might still need to consider as well which I don't have a clue. Also, what is the best light desktop wallet to use for a newbie from experience to help achieve being able to control one's private keys? I hope this helps me and other newbies as well.
I dont know if those could elaborate things but hardfork is like an ungrade for the blockchain. There have been people who made some invalid transactions or the block hash that blockchain is using for each blocks of btc. So with the fork, it will kind of validate those transactions and probably every user who had some erros or even increase fees will have to upgrade there core or their version of block chain. That is what i've researched so far.
So it won't really affect us?
Is it more like a software update and that's it?
What are the risks in Hardfork and what should we do to eliminate them?
Is keeping your bitcoins in paper wallet will help or just the opposite?
