Legal Disclaimers
Important Notice
The Whive Protocol is an open-source, decentralized blockchain protocol. No single entity owns, controls, or represents The Whive Protocol network. The WHIVE blockchain is maintained collectively by its community of miners, node operators, and contributors worldwide.
1. General Information Disclaimer
This website and all associated documentation provide general information about the WHIVE protocol. This information is provided for educational and informational purposes only.
This website does NOT provide:
- Legal advice
- Financial or investment advice
- Tax advice
- Business advice
- Professional advice of any kind
You should consult with qualified professionals in your jurisdiction before making any decisions related to digital assets, mining, taxation, or legal matters.
2. Decentralized Network Disclaimer
No Central Authority
WHIVE operates as a decentralized peer-to-peer network. There is no company, corporation, foundation, or central authority that:
- Controls The Whive Protocol blockchain
- Manages user funds or wallets
- Guarantees network uptime or performance
- Provides customer support or recovery services
- Is responsible for the actions of network participants
Community Governance
Protocol improvements and changes are proposed through the open Whive Improvement Protocol (WIP) process. No individual or group has unilateral control over protocol development. Contributors participate voluntarily under open-source principles.
No Representation
No individual, entity, or organization should claim to officially represent, speak for, or act on behalf of "the WHIVE network" in any binding capacity. The WHIVE protocol is open-source software that anyone may use, modify, and distribute under the MIT License.
3. Investment and Financial Risks
You may lose some or all of your investment.
Volatility
$WHIVE and all digital assets are highly volatile. The value of $WHIVE may:
- Fluctuate significantly in short periods
- Decline to zero
- Experience periods of illiquidity
- Be affected by market conditions, regulations, or technical issues
No Guarantees
- Past performance is not indicative of future results
- There are no guaranteed returns from holding or mining $WHIVE
- Mining output depends on many factors outside anyone's control
- The Whive Protocol network makes no promises about future value or utility
Not Investment Advice
Nothing on this website or in The Whive Protocol documentation constitutes a recommendation to buy, sell, hold, or mine $WHIVE. All investment decisions are your sole responsibility.
4. Mining Risks
Hardware Risks
Mining digital assets involves risks to your hardware, including:
- Increased wear and tear on CPUs, GPUs, and other components
- Potential overheating and hardware damage
- Reduced device lifespan
- Hardware failure and data loss
You are solely responsible for monitoring and protecting your hardware.
Financial Considerations
Mining involves costs that may exceed any output:
- Electricity consumption and costs
- Hardware depreciation and replacement
- Internet and infrastructure costs
- Cooling and maintenance expenses
No Guaranteed Output
- Block rewards depend on network difficulty and competition
- Difficulty adjustments may reduce your share of output
- Network conditions change continuously
- Electricity costs may exceed mining output value
Responsibility
Users are responsible for:
- Ensuring mining does not violate any terms of service (ISP, electricity provider, workplace)
- Managing electricity costs
- Preventing hardware damage
- Complying with all applicable laws and regulations
5. Software Risks
"As-Is" Provision
All Whive Protocol-related software, including wallet software, mining software, and node software, is provided "AS IS" without warranty of any kind, express or implied, including but not limited to:
- Warranties of merchantability
- Fitness for a particular purpose
- Non-infringement
- Security or error-free operation
Experimental Software
Digital asset software is experimental technology. Users acknowledge that:
- Software may contain bugs, errors, or security vulnerabilities
- Updates may introduce breaking changes
- Backward compatibility is not guaranteed
- Data loss or fund loss may occur
Open Source
The Whive Protocol software is open-source under the MIT License. This means:
- Anyone can view, modify, and distribute the code
- No entity guarantees the software's correctness or security
- Users should verify software before use
- Third-party modifications may introduce risks
6. Security Risks
Private Key Responsibility
You are solely responsible for the security of your private keys and recovery phrases.
- Lost or stolen private keys cannot be recovered
- No entity can restore access to your funds
- There is no "forgot password" recovery option
- Sharing private keys may result in theft of funds
Security Best Practices
Users should:
- Store private keys securely offline
- Use hardware wallets when possible
- Never share private keys or recovery phrases
- Verify software authenticity before installation
- Keep software updated to latest stable versions
Attack Vectors
Users should be aware of risks including:
- Phishing attacks and fake websites
- Malware and keyloggers
- Social engineering attacks
- Network attacks (man-in-the-middle)
- Exchange and custodian failures
7. Third-Party Risks
External Services
This website may reference or link to third-party services including:
- Mining pools
- Exchanges
- Block explorers
- Wallet providers
We do not control, endorse, or guarantee any third-party services. Use of third-party services is at your own risk.
Mining Pools
If you participate in mining pools:
- Pool operators may have access to your mining output
- Pools may experience downtime or go offline permanently
- Pool policies and fee structures may change
- Pool operators are not affiliated with The Whive Protocol
Exchanges
If you use digital asset exchanges:
- Exchanges may be hacked, fail, or become insolvent
- Exchange listings and delistings are not guaranteed
- You may be subject to exchange terms and conditions
- Regulatory actions may affect exchange availability
8. Regulatory and Jurisdictional Notice
User Responsibility
You are solely responsible for determining whether your use of The Whive Protocol complies with applicable laws in your jurisdiction, including but not limited to:
- Digital asset regulations
- Mining regulations
- Tax reporting requirements
- Anti-money laundering laws
- Securities laws
- Import/export restrictions
Jurisdictional Variations
Laws regarding digital assets vary significantly by jurisdiction. Activities that are legal in one jurisdiction may be prohibited in another. Some jurisdictions may:
- Prohibit digital asset ownership or mining
- Require licensing for certain activities
- Impose specific tax obligations
- Restrict access to digital asset services
Tax Implications
Mining and transacting in digital assets may have tax implications. You are responsible for:
- Understanding tax obligations in your jurisdiction
- Keeping accurate records of transactions
- Reporting income and gains as required
- Paying any applicable taxes
Consult with a qualified tax professional in your jurisdiction.
Geo-Restrictions
Access to this website and The Whive Protocol services may be restricted in certain jurisdictions due to:
- OFAC sanctions (Iran, North Korea, Somalia, Syria, Cuba, Russia, Belarus, and others)
- Local regulations
- Technical limitations
9. Limitation of Liability
No Liability
To the maximum extent permitted by applicable law, no contributor to The Whive Protocol, website operator, or associated party shall be liable for any:
- Direct, indirect, incidental, special, consequential, or punitive damages
- Loss of profits, data, use, goodwill, or other intangible losses
- Damages resulting from your use or inability to use The Whive Protocol network
- Unauthorized access to or alteration of your transmissions or data
- Statements or conduct of any third party
- Any other matter relating to The Whive Protocol or this website
Assumption of Risk
By using The Whive Protocol network, mining software, or this website, you acknowledge that you:
- Understand the risks described in this document
- Accept full responsibility for your actions and their consequences
- Will not hold any contributor liable for losses
10. Fair-Launch Digital Commodity Notice
Fair-Launch Digital Commodity
$WHIVE is a fair-mined digital commodity, not a security:
- No Investment Contract: You do not invest in Whive Protocol
- Individual Effort: Output derives from YOUR computational work, not developers' efforts
- No Central Authority: No company, team, or entity controls the network
- No Premine/ICO: Fair launch February 2, 2020 with zero pre-allocation
- Open Source: Anyone can verify, modify, and run the software
Fair-mined Proof-of-Work digital assets are generally classified as commodities rather than securities under U.S. law, as mining output derives from individual computational effort rather than the efforts of a centralized group. Third-party tools (Agentic Mining) are optional, independently developed, and do not change this classification. This is general information, not legal advice. Regulatory classifications may vary by jurisdiction and may change over time. Consult legal counsel for your jurisdiction.
11. AI and Third-Party Tools Disclaimer
Agentic Mining Tools
The Whive Protocol network may be enhanced by third-party AI-powered mining optimization tools, commonly referred to as "Agentic Mining" tools. Users should understand that these tools are:
- Independently developed by community members and third-party developers
- NOT owned, operated, or controlled by The Whive Protocol
- NOT endorsed or guaranteed by The Whive Protocol network or its contributors
- Used entirely at the user's own risk
No Guarantee of Performance
Third-party and automated tools may:
- Contain bugs, errors, or security vulnerabilities
- Produce unexpected or suboptimal results
- Require updates or maintenance that are not provided
- Become incompatible with future protocol versions
- Cease operation or support without notice
User Responsibility
Users are solely responsible for:
- Evaluating the safety and reliability of any third-party tools
- Understanding the risks of using automated mining software
- Verifying the authenticity of tools before installation
- Protecting their systems and private keys when using third-party software
12. Exchange and Trading Risks
TRADING RISK WARNING: Digital asset trading involves substantial risk of loss. You may lose all invested funds. Only trade with funds you can afford to lose completely. Past performance does not indicate future results. This is not investment advice.
Exchange Risks
When using exchanges to trade $WHIVE:
- Exchange platforms may be hacked, fail, or become insolvent
- Funds held on exchanges are at risk of loss
- Exchange rates are volatile and may change rapidly
- Liquidity may be limited
- Orders may not execute at expected prices
Price Data Disclaimer
Price data displayed on this website is obtained from third-party APIs and exchanges. Prices are indicative only and may not reflect actual trading prices. We do not guarantee the accuracy, timeliness, or completeness of price information.
13. Website Terms
Accuracy of Information
While we strive to provide accurate information, we do not guarantee that information on this website is:
- Complete
- Accurate
- Current
- Free from errors
Information may become outdated. Statistics and metrics shown may be approximate or delayed.
External Links
This website may contain links to external websites. We are not responsible for the content, accuracy, or practices of external websites.
Modifications
This website and these disclaimers may be modified at any time without notice. Continued use of the website constitutes acceptance of any modifications.
14. Contact and Contributions
No Official Support
There is no official customer support for the WHIVE protocol. Community members may provide assistance through:
- GitHub discussions and issues
- Community forums (Discord, Telegram)
- Social media channels
Support is provided voluntarily by community members and is not guaranteed.
Contributing
Contributions to The Whive Protocol are welcome through the open-source development process:
- GitHub: https://github.com/whiveio
- Whive Improvement Protocols (WIPs): https://github.com/whiveio/wips
Acknowledgment
By using The Whive Protocol network, mining software, wallet software, or this website, you acknowledge that you have read, understood, and agree to these disclaimers and terms.
If you do not agree with these terms, do not use The Whive Protocol network or any associated software or services.
This document is provided for informational purposes and does not constitute legal advice. For legal matters, consult with a qualified attorney in your jurisdiction.