Common use of Operation of Digital Currency Protocols Clause in Contracts

Operation of Digital Currency Protocols. xxx-xxxx.xxx does not own or control the underlying software protocols which govern the operation of Digital Currencies supported on our platform. In most cases, the underlying protocols are open source, and this means that anybody can use, modify, copy and/or distribute them. By using the xxx-xxxx.xxx platform(s), you agree and acknowledge: (a) that xxx-xxxx.xxx has no responsibility in the running and operation of the underlying protocols that govern the operation of Digital Currencies and that xxx-xxxx.xxx makes no guarantee of their availability, functionality or security; and (b) that the underlying protocols can be subject to sudden changes in the operating rules, this can also be referred to as "forks," and that such forks could have a material effect on the function, name and/or value of the Digital Currency that you have stored on the xxx-xxxx.xxx platform. Should a fork occur, you agree that xxx-xxxx.xxx may temporarily suspend any and/or all operations (with or without any advance notice to you) and that, in its sole discretion, xxx-xxxx.xxx will decide on whether or not to support the forked protocol and will decide whether or not to cease support of the entire protocol (original and forked). You acknowledge and agree that xxx-xxxx.xxx assumes absolutely no responsibility whatsoever in respect of an unsupported branch of a forked protocol.

Appears in 1 contract

Samples: bit-case.com

AutoNDA by SimpleDocs

Operation of Digital Currency Protocols. xxx-xxxx.xxx does not own or control the underlying software protocols which govern the operation of Digital Currencies supported on our platform. In most cases, the underlying protocols are open source, and this means that anybody can use, modify, copy and/or distribute them. By using the xxx-xxxx.xxx platform(s), you agree and acknowledge: (a) that xxx-xxxx.xxx has no responsibility in the running and operation of the underlying protocols that govern the operation of Digital Currencies and that xxx-xxxx.xxx makes no guarantee of their availability, functionality or security; and (b) that the underlying protocols can be subject to sudden changes in the operating rules, this can also be referred to as "forks," and that such forks could have a material effect effect on the function, name and/or value of the Digital Currency that you have stored on the xxx-xxxx.xxx platform. Should a fork occur, you agree that xxx-xxxx.xxx may temporarily suspend any and/or all operations (with or without any advance notice to you) and that, in its sole discretion, xxx-xxxx.xxx will decide on whether or not to support the forked protocol and will decide whether or not to cease support of the entire protocol (original and forked). You acknowledge and agree that xxx-xxxx.xxx assumes absolutely no responsibility whatsoever in respect of an unsupported branch of a forked protocol.

Appears in 1 contract

Samples: bit-case.com

Operation of Digital Currency Protocols. xxx-xxxx.xxx Xxxxxx.xxx does not own or control the underlying software protocols which govern the operation of Digital Currencies supported on our platform. In most cases, the underlying protocols are open source, and this means that anybody can use, modify, copy and/or distribute them. By using the xxx-xxxx.xxx Xxxxxx.xxx platform(s), you agree and acknowledge: (a) that xxx-xxxx.xxx Xxxxxx.xxx has no responsibility in the running and operation of the underlying protocols that govern the operation of Digital Currencies and that xxx-xxxx.xxx Xxxxxx.xxx makes no guarantee of their availability, functionality or security; and (b) that the underlying protocols can be subject to sudden changes in the operating rules, this can also be referred to as "forks," and that such forks could have a material effect on the function, name and/or value of the Digital Currency that you have stored on the xxx-xxxx.xxx Xxxxxx.xxx platform. Should a fork occur, you agree that xxx-xxxx.xxx Xxxxxx.xxx may temporarily suspend any and/or all operations (with or without any advance notice to you) and that, in its sole discretion, xxx-xxxx.xxx Xxxxxx.xxx will decide on whether or not to support the forked protocol and will decide whether or not to cease support of the entire protocol (original and forked). You acknowledge and agree that xxx-xxxx.xxx Xxxxxx.xxx assumes absolutely no responsibility whatsoever in respect of an unsupported branch of a forked protocol.

Appears in 1 contract

Samples: crypta.one

AutoNDA by SimpleDocs

Operation of Digital Currency Protocols. xxx-xxxx.xxx xxxxxxxxxx.xxx does not own or control the underlying software protocols which govern the operation of Digital Currencies supported on our platform. In most cases, the underlying protocols are open source, and this means that anybody can use, modify, copy and/or distribute them. By using the xxx-xxxx.xxx xxxxxxxxxx.xxx platform(s), you agree and acknowledge: (a) that xxx-xxxx.xxx xxxxxxxxxx.xxx has no responsibility in the running and operation of the underlying protocols that govern the operation of Digital Currencies and that xxx-xxxx.xxx xxxxxxxxxx.xxx makes no guarantee of their availability, functionality or security; and (b) that the underlying protocols can be subject to sudden changes in the operating rules, this can also be referred to as "forks," and that such forks could have a material effect on the function, name and/or value of the Digital Currency that you have stored on the xxx-xxxx.xxx xxxxxxxxxx.xxx platform. Should a fork occur, you agree that xxx-xxxx.xxx xxxxxxxxxx.xxx may temporarily suspend any and/or all operations (with or without any advance notice to you) and that, in its sole discretion, xxx-xxxx.xxx xxxxxxxxxx.xxx will decide on whether or not to support the forked protocol and will decide whether or not to cease support of the entire protocol (original and forked). You acknowledge and agree that xxx-xxxx.xxx xxxxxxxxxx.xxx assumes absolutely no responsibility whatsoever in respect of an unsupported branch of a forked protocol.

Appears in 1 contract

Samples: crypttotal.com

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!