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Fix terminology distributed -> decentralized (#5797)

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This commit is contained in:
Afri
2017-06-09 12:20:08 +02:00
committed by Gav Wood
parent dabd5b2cc8
commit d368006526
16 changed files with 20 additions and 20 deletions
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js/src/modals/FirstRun/TnC/tnc.js
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@@ -64,7 +64,7 @@ export default class TnC extends Component {
<p>As with other cryptocurrencies, the blockchain used by Parity is 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 attacks present a risk to the Ethereum ecosystem, expected proper execution and sequencing of ETH transactions, and expected proper execution and sequencing of contract computations. Despite the efforts of the EthCore and the EthCore Team, known or novel mining attacks may be successful.</p>
<h3>Risk of Rapid Adoption and Insufficiency of Computational Application Processing Power on the Ethereum Network</h3>
<p>If Parity is rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which ETH miners can bring online additional mining power. Under such a scenario, the entire Ethereum ecosystem could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Ethereum ecosystem and ETH. Insufficiency of computational resources and an associated rise in the price of ETH could result in businesses being unable to acquire scarce computational resources to run their distributed applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy.</p>
<p>If Parity is rapidly adopted, the demand for transaction processing and decentralized application computations could rise dramatically and at a pace that exceeds the rate with which ETH miners can bring online additional mining power. Under such a scenario, the entire Ethereum ecosystem could become destabilized, due to the increased cost of running decentralized applications. In turn, this could dampen interest in the Ethereum ecosystem and ETH. Insufficiency of computational resources and an associated rise in the price of ETH could result in businesses being unable to acquire scarce computational resources to run their decentralized applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy.</p>
<h3>Risk of temporary network incoherence</h3>
<p>We recommend any groups handling large or important transactions to maintain a voluntary 24 hour waiting period on any ether deposited. In case the integrity of the network is at risk due to issues in the clients, we will endeavour to publish patches in a timely fashion to address the issues. We will endeavour to provide solutions within the voluntary 24 hour waiting period.</p>