Common use of Blockchain Delay Risk Clause in Contracts

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

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

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

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

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