Risk of Blockchain Mining Attacks Sample Clauses

Risk of Blockchain Mining Attacks. You understand and accept that, as with other cryptocurrencies, some blockchains used for the Smart Contract System are susceptible to mining attacks, including but not limited to double-spend attacks, majority mining power attacks, “selfish-mining” attacks, and race condition attacks. Any successful attack presents a risk to the Smart Contract System and the expected proper execution and sequencing of Crypto Asset transactions. ■ Risk of Losing Wallet Access Information (Loss of Private Key): You understand and accept that the Company has no access to your Wallet or Wallet Access Information at any point in time. If you lose the information and codes issued to you when establishing the Wallet and Wallet Access Information, the Company has no way to recover your Wallet and/or any Crypto Assets that are associated with it. Unauthorized third parties may, as a result thereof, access your Account or Wallet and effect transactions without your knowledge or authorization. You understand and accept all risks associated with unauthorized use of your Account, Wallet and/or Wallet Access Information.
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Risk of Blockchain Mining Attacks. You understand and acknowledge that as with other cryptocurrencies, some blockchains used for the Smart Contract System which is vulnerable to mining attacks including but not limited to double-spend attacks, majority mining power attacks, “selfish-mining” attacks, and race condition attacks. Any of these attacks if done successfully will risk the Smart Contract System and the expected proper execution and sequencing of Crypto Asset transactions. · Risk of Losing Wallet Access Information (Loss of Private Key): You understand and acknowledge that if you lose the information and code that is issued to you when you incorporate your Wallet, the Company has no way to recover your wallet and/or any Crypto Assets. You understand and accept all risks that is associated with any unauthorised use of your Account.
Risk of Blockchain Mining Attacks. As with any other public blockchain-based systems, the Crypto- Assets available on the 1T Platform may be susceptible to attacks including but not limited to double- spend attacks, majority mining power attacks, "selfish-mining" attacks, and race condition attacks or any other mining or non-mining related attacks which are out of our influence and control. Any successful attack presents a risk to the 1T Platform and platform technology, expected proper execution and sequencing of cryptographic blockchain-based digital information units transactions and expected proper execution and sequencing of software computations.
Risk of Blockchain Mining Attacks. You understand and accept that, as with other Digital currencies, some blockchains are susceptible to mining attacks, including but not limited to double-spend attacks, majority mining power attacks, “selfish-mining” attacks, and race condition attacks. Any successful attack presents a risk and the expected proper execution and sequencing of Digital Asset transactions. ◦ Risk of Losing Wallet Access Information (Loss of Private Key): You understand and accept that the Company has no access to your Noncustodial wallet at any point in time. If you lose the information and codes issued to you when establishing the Wallet, the Company has no way to recover your wallet and/or any Digital Assets that are associated with it. Unauthorized third parties may access your Account and effect transactions without your knowledge or authorization. You understand and accept all risks associated with unauthorized use of your Account. ◦

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