ROBOT CACHE EARNING DIGITAL CURRENCY TERMS OF SERVICE
These terms of service (“Terms of Service”) govern your use of the Robot Cache Earning Digital Currency functionality and any related content and services (together, our “Earning Digital Currency Functionality”).
You must have signed the Robot Cache Subscriber Agreement AND have a valid Robot Cache User Account to be able to earn digital currency.
Blockchain is a type of decentralized ledger and continually updated list of transactions occurring across certain peer-to-peer networks. Blocks of transactions are validated and linked together by specific methods of cryptography. A blockchain can be used in a wide variety of ways, including the establishment of cryptocurrency and payment infrastructures, the authentication of digitally signed documents (proving identity), or the creation of verifiable records of business processes.
Boosts allow for a temporary increase in earning rewards which may vary in scope and duration.
Earning is the process of adding transaction records to a cryptocurrency public ledger of past transactions. This ledger of past transactions is called the blockchain (see above) as it is a chain of transaction blocks. The blockchain serves to confirm transactions to the rest of the peer-to-peer network as having taken place. Cryptocurrency nodes use the blockchain to distinguish legitimate transactions from attempts to re-spend coins that have already been spent elsewhere. Earning is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by those earning, the earners, remains steady. The primary purpose of earning is to allow nodes to reach a secure, tamper-resistant consensus. Earning is also the mechanism used to introduce new units of a cryptocurrency into the system. Earners are paid transaction fees as well as a granted a subsidy of newly created coins. These both serve the purpose of disseminating new coins as well as motivating people to provide security for the system. Earning requires access to computer hardware and software as well connection to the internet and entails a high level of power consumption.
Earning Pools pool the resources of multiple distributed computers to solve blocks more quickly and split the rewards among the participants. Earning pools are available in a range of forms and arrangements as well as for different types of cryptocurrencies.
EARNING DIGITAL CURRENCY USING ROBOT CACHE CLIENT
We have built into our software the ability to use your computer's processor and/or graphics card which earns digital currency in our Client software, which is available for download and installation via our Website (www.robotcache.com). By default, all ability to earn digital currency is disabled, and you will need to Opt-In to enable this functionality. You can also Opt-Out at anytime, using our Website or Client to Enable and Disable this functionality.
Any rewards earned by you when you access and use this functionality (including any Boosts) will be paid out to you in the equivalent amount of IRON, minus a fifteen percent (15%) fee which will be deducted from your IRON payment. We will deposit your IRON payments directly into your RC Wallet. Please see our IRON Policy for more information about IRON and RC Wallets.
Your decision to use our Client software to earn our digital currency is for your own personal non-commercial use only.
ADDITIONAL TERMS AND CONDITIONS FOR SOFTWARE
When you use IRON to purchase any Robot Cache content or services, download or install or use any Robot Cache downloadable system software, or register for any Robot Cache services, you will be required to agree to, and be bound by, our Subscriber Agreement which may include additional terms.
CHANGES TO ROBOT CACHE'S EARNING DIGITAL CURRENCY POLICY
We may discontinue or change the features, functions, content, services, payment structure and policy (including Boosts) at any time with or without notice.
Robot Cache and its suppliers and partners reserve all rights under intellectual property law in Robot Cache and in any content or technology that is in our Client software and Boosts. Except as Robot Cache may expressly state in writing, you may not reproduce, reprint, publish, use, reverse engineer, compile, modify, or otherwise exploit content or technology from Robot Cache or its suppliers or partners in our Client without our express prior written consent.
CHANGES TO OUR TERMS OF SERVICE
We may change these Terms of Service at any time. You can review the most current version of the Terms of Service by clicking here. If you continue to use our Client software (including any Boosts) after we make changes to the Terms of Service, you are signifying your acceptance of the new terms. You are responsible for checking these terms periodically for any changes.
ELECTRONIC DELIVERY STATEMENT AND YOUR CONSENT
You agree that we may provide to you notices and other information concerning Robot Cache electronically, including notice to any email address that you may provide.
NO RESPONSIBILITY FOR ELECTRICAL COSTS OR COMPUTER DAMAGE
As using your computer to earn digital currency can put significant demands on your computer hardware and software (e.g. CPU, GPU), this process can not only result in extremely high electricity costs, but some or all of your hardware and software components may become damaged or destroyed completely, including your data. Any such costs or damages are your sole responsibility. You must assess (and bear) the risk associated with such high electrical costs and potential for computer damage by yourself.
NO GUARANTEE OF UPTIME
The uptime of our Client software which allows you to earn digital currency is not guaranteed, as maintenance and downtime may be required at times, or we may be the target of hacking or a computer virus, or experiencing a software or hardware malfunction.
DISCLAIMER OF WARRANTIES
We provide our Client and the ability to earn digital currency and its content, Boosts, services, functionality and technology "AS IS." We and our suppliers, publishing partners and affiliates make no express warranties or guarantees with regards to our Client software. TO THE EXTENT PERMITTED BY LAW, WE AND OUR SUPPLIERS, PUBLISHING PARTNERS AND AFFILIATES DISCLAIM IMPLIED WARRANTIES INCLUDING ANY WARRANTY THAT OUR CLIENT SOFTWARE WILL BE MERCHANTABLE, OF SATISFACTORY QUALITY, ACCURATE, TIMELY, FIT FOR A PARTICULAR PURPOSE OR NEED, OR NON-INFRINGING. WE DO NOT GUARANTEE THAT OUR CLIENT SOFTWARE, WEBSITE OR ANY RELATED CONTENT, SERVICES, FUNCTIONALITY OR TECHNOLOGY WILL MEET YOUR REQUIREMENTS, ARE ERROR-FREE, RELIABLE, OR WILL OPERATE WITHOUT INTERRUPTION. Because some states and countries do not permit disclaimer of implied warranties, you may have additional consumer rights under your local laws.
LIMITATION OF LIABILITY
You may not assert claims for money damages arising from your use of our Client software or its' ability to earn digital currency. Robot Cache and our suppliers, publishing partners and affiliates are not be liable for any indirect, special, incidental, consequential or exemplary damages, even if we knew or should have known of the possibility of such damages. This includes, without limitation, direct loss, loss of business or profits (whether or not the loss of such profits was foreseeable, arose in the normal course of things or you have advised us of the possibility of such potential loss), damage caused to your computer, computer hardware, computer software, systems and programs and the data thereon or any other direct or indirect, consequential and incidental damages. We are not responsible for any loss of any digital currency which are stored in our platform or databases. We shall not be obliged to compensate any losses due to theft of any digital currency or cryptocurrency or temporary unavailability of the Client software. Cryptocurrencies are highly experimental crypto software, and as such, damages or loss of cryptocurrency arising from software errors therefore remain possible, and as we have no influence on the underlying cryptocurrency architecture, we shall not in any case be exposed to claims relating to such errors.
You agree to defend, indemnify, and hold Robot Cache and our parent and affiliated companies, and our respective employees, contractors, officers, directors, agents, publishers, and affiliates from all liabilities, claims, and expenses, including attorney's fees that arise from your use or misuse of our Client software used to ern digital currency. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with us in asserting any available defenses.
We make no representation that any content, functions or features on our platform or the Client software is appropriate or available for use in locations outside the United States. If you choose to access our website or use our Client software from a location outside the US, you do so on your own initiative, and you are responsible for compliance with local laws.
SEVERABILITY AND INTEGRATION
In an event or circumstance which is beyond our control, including but not limited to acts of God, riots, wars, floods, fires, explosion, strikes and other similar events, we will not be held liable for any delay, failure or disruption to provide already committed services in our Client software to earn digital currency.