I’m confused about how forks and changes affect crypto that is being held on a wallet. If I purchase 10k ADA and put it on this version of daedalus wallet what will happen to it if it goes through a fork? Would it be the same ADA as before or do I need to somehow update it? What happens if I don’t update it would it all be worthless? I’m also very confused about how ETH can go through an update if no one owns crypto.
How does the wallet update and what prevents the makers of the wallet from accessing the crypto? Is there a way to refuse up date? What if the update ruins whats in the wallet?
Do wallets like daedalus charge fees for transactions and if so who gets the fee?
If I purchase some ADA and leave it in an outdated wallet and not touch it for 3 years is there any chance that it will become worthless? What happens if cardano team is gone ? would the wallet also be gone or is it somehow tied into the block chain?