Common use of Blockchain Delay Risk Clause in Contracts

Blockchain Delay Risk. On the Bitcoin and Ethereum blockchain, the timing of block production is determined by proof of work so block production can occur at random times. For example, the Cryptocurrency transferred in the final seconds of a distribution period during the Token Acquisition may not get included for that period. Acquiror acknowledges and understands that the Bitcoin or Ethereum blockchain may not include the Acquiror’s transaction at the time Acquiror expects and Acquiror may not receive the Tokens in this regard.

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies' transactions (e.g., Ethereum, Bitcoin and Ethereum blockchainblockchains), the timing of block production is determined by proof of work so block production can occur at random times. For example, the Cryptocurrency transferred sent as a payment for the Tokens in the final seconds of a distribution period during the Token Acquisition sale may not get included for into that period. Acquiror acknowledges and understands that the Bitcoin or Ethereum The respective blockchain may not include the AcquirorBuyer’s transaction at the time Acquiror Buyer expects and Acquiror may not receive the payment for the Tokens may reach the intended wallet address not in this regardthe same day Buyer sends the Cryptocurrency.

Blockchain Delay Risk. On the Bitcoin and Ethereum blockchain, the timing of block production is determined by proof of work so block production can occur at random times. For example, the Cryptocurrency transferred in the final seconds of a distribution period during the Token Acquisition Presale or the Token Sale may not get included for that period. Acquiror Buyer acknowledges and understands that the Bitcoin or Ethereum blockchain may not include the AcquirorBuyer’s transaction at the time Acquiror Buyer expects and Acquiror Buyer may not receive the Tokens in this regard.

Blockchain Delay Risk. ‌ On the most blockchains used for cryptocurrencies transactions (e.g., Ethereum, Bitcoin and Ethereum blockchainblockchains), the timing of block production is determined by proof of work so block production can occur at random times. For example, the Cryptocurrency transferred cryptocurrency sent as a payment for the Tokens in the final seconds of a distribution period during the Token Acquisition sale may not get included for into that period. Acquiror acknowledges and understands that the Bitcoin or Ethereum The respective blockchain may not include the Acquirorpurchaser’s transaction at the time Acquiror the purchaser expects and Acquiror may not receive the payment for the Tokens may reach the intended wallet address not in this regardthe same day the purchaser sends the cryptocurrency.

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies' transactions (e.g., Ethereum, Bitcoin and Ethereum blockchainblockchains), the timing of block production is determined by proof of work so block production can occur at random times. For example, the Cryptocurrency transferred cryptocurrency sent as a payment for the Tokens in the final seconds of a distribution period during the Token Acquisition Sale may not get included for into that period. Acquiror acknowledges and understands that the Bitcoin or Ethereum The respective blockchain may not include the Acquirorpurchaser’s transaction at the time Acquiror the purchaser expects and Acquiror may not receive the payment for the Tokens may reach the intended wallet address not in this regardthe same day the purchaser sends the cryptocurrency.

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies' transactions (e.g., Ethereum, Bitcoin and Ethereum blockchainblockchains), the timing of block production is determined by proof of work so block production can occur at random times. For example, the Cryptocurrency transferred cryptocurrency sent as a payment for the Tokens in the final seconds of a distribution period during the Token Acquisition sale may not get included for into that period. Acquiror acknowledges and understands that the Bitcoin or Ethereum The respective blockchain may not include the Acquirorpurchaser’s transaction at the time Acquiror the purchaser expects and Acquiror may not receive the payment for the Tokens may reach the intended wallet address not in this regardthe same day the purchaser sends the cryptocurrency.