Wetsuit, can you offer some thoughts on how Freebitco.in will handle account balances in the event of a hard fork over to BU?
Given that you're now encouraging people leave deposits with you and your'e paying interest, Freebitco.in should have a point of view on how they plan to handle accounts should this hard fork become reality.
Thanks.
I was meaning to make a detailed post about it but this is basically how we would handle it:
1. We will temporarily pause withdrawals and crediting of deposits 6 blocks before the block when the hard fork is supposed to happen. Although we would recommend users to stop sending deposits to us at this time until things have resolved, there is nothing we can actually do to stop them from doing so.
2. We will take a snapshot of all user balances at this point.
3. When things have been resolved and there is a clear winner, we shall resume withdrawals and credit all deposits that were made during the time when we had paused the crediting of deposits.
4. We will follow the longest chain.
5. All users who held a balance with us before the hard fork (when the snapshot was taken in point 2) will be able to withdraw an equivalent number of coins in the minority chain.
Regardless of how I feel about the block-size debate, our priority will be maintaining the maximum possible value for our users.
