Ethereum Blockchain Clause Samples

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Ethereum 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.
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Ethereum Blockchain. Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Amongst cryptocurrencies, Ether is second only to Bitcoin in market capitalization.
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Ethereum Blockchain. Buyer is aware of the specifics of Ethereum blockchain technology and acknowledges, understands and accepts all risks related thereto. (a) The Ethereum blockchain is prone to periodic congestion during which transactions can be delayed or lost. Timing of block production is determined by proof of work so block production can occur at random times. Individuals may also intentionally spam Ethereum blockchain in an attempt to gain an advantage in purchasing cryptographic tokens. Buyer acknowledges and understands that Ethereum block producers may not include ▇▇▇▇▇’s transaction when ▇▇▇▇▇ wants or Buyer’s transaction may not be included at all. (b) In case of hardfork or double spending (51% attack) in Ethereum blockchain, all or part of WINS Tokens and WINS Smart Contract may be lost or become unavailable to exploit. Seller may not be held liable for any Damages or any other losses caused by these events and does not guarantee the safety and stability of WINS Tokens or WINS Smart Contract.
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Ethereum Blockchain. The Ethereum blockchain is prone to periodic congestion during
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