Common use of Blockchain Clause in Contracts

Blockchain. The Ethereum blockchain is prone to periodic congestion during which transactions can be delayed or lost. Individuals may also intentionally spam the Ethereum network in an attempt to gain an advantage in purchasing cryptographic tokens. Buyer acknowledges and understands that Ethereum block producers may not include Buyer’s transaction when Buyer wants or Buyer’s transaction may not be included at all.

Appears in 1 contract

Sources: Token Sale Agreement

Blockchain. The Ethereum blockchain is prone to periodic congestion during which transactions can be delayed or lost. Individuals may also intentionally spam the Ethereum network in an attempt to gain an advantage in purchasing cryptographic tokens. Buyer acknowledges and understands that Ethereum block producers may not include Buyer▇▇▇▇▇’s transaction when Buyer ▇▇▇▇▇ wants or Buyer’s transaction may not be included at all.

Appears in 1 contract

Sources: Token Sale Agreement