Network Protocol definition
Network Protocol means the rules governing the inclusion of transactions in and the determination of the canonical version of a Blockchain (or of a layer-2 protocol built on a Blockchain).
Network Protocol means the rules governing the inclusion of transactions in and the determination of the canonical version of a Blockchain (or of a layer-2 protocol built on a Blockchain). “Participatory Rewards” means any Digital Asset native to or recognized by the Supported Network that, if applicable, Customer's Cluster earns as a result of Customer’s use of the Hosted Service, including rewards earned by Customer’s end users and delegators, to the extent such end users or delegators have staked their Digital Assets to Customer’s Cluster. For the avoidance of doubt, Participatory Rewards may not be applicable to or available for every Supported Network. “Platform” means the system and/or interface through which the Coinbase Services are provided to Customer and includes, without limitation, all ideas, concepts, inventions, systems, platforms, nodes, clusters, software, interfaces, tools, utilities, templates, forms, techniques, methods, processes, algorithms, know-how, Intellectual Property Rights, trade secrets and other technologies, implementations and information that are proprietary to or used by Coinbase (which may be licensed from a contracted Affiliate) in connection with providing the Coinbase Services or as otherwise related to its business. “Reimbursable Event” means an event where a Service Default as defined below occurs that disrupts Customer’s Network Participation in connection with the Hosted Service. “Representatives” means a party’s respective Affiliates, subsidiaries, officers, directors, employees, and agents. “Service Default” means the occurrence of one of the following events resulting in an impact to the Hosted Services: Coinbase's infrastructure fails to switch from one region to another region due to a region-based outage; (b) Coinbase's infrastructure fails to switch from one provider to another provider due to a provider-based outage; (c) a memory leak in the Network Protocol for a Supported Network; (d) single, isolated faults in the Network Protocol for a Supported Network causing process crashes (but excluding recurring bugs or issues that regularly arise in the Blockchain); and (e) failure of Coinbase to switch off one node before switching on another node to avoid double signing. “Service Fees” means all fees due to Coinbase for the Coinbase Services, including without limitation, the Subscription Fees, Participatory Fees and any other fees or costs set forth in each applicable Order Schedule. For the avoidance of doubt,
Examples of Network Protocol in a sentence
Such delegated Digital Assets and their associated Customer Network Rewards may be unavailable to the Customer during any such unbonding periods and may be subject to other restrictions imposed by the Supported Network or its Network Protocol.
Digital Assets which the Customer wishes to withdraw from delegation under this Agreement may be subject to unbonding periods imposed by the Supported Network or its Network Protocol.
The Customer shall only use the Services and Platform in accordance with the Network Protocol and any reasonable instructions provided by Twinstake and otherwise in accordance with the terms of this Agreement.