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General Terms and Conditions of Use
These General Terms and Conditions of Use (the “Terms”) govern access to and use of the Centrix Network platform accessible at centrix.network, including the User Interface.
The Platform provides information about the fundamentals of the decentralized, non-custodial, distributed computing protocol, consisting of open-source, self-executing smart contracts deployed on the Ethereum blockchain.
These Terms constitute a legally binding agreement between the User and Centrix Network. Centrix Network may update or amend these Terms from time to time, as outlined in Section 13.
If Users do not agree with these Terms, they may not use the Platform and should not visit the Site or otherwise engage with the Platform.
Definitions
The Centrix Network platform, a decentralized computing marketplace that enables users to share and access computational resources through autonomous smart contracts. The Platform operates independently of any central authority or intermediary, and its functionality is governed by the rules encoded within the smart contracts deployed on the Ethereum blockchain.
The entity responsible for providing and maintaining the User Interface that facilitates access to the Platform. The Platform Operator does not control the smart contracts, custody user funds, or intervene in transactions executed on the Ethereum blockchain.
Smart Contracts
Self-executing programs deployed on the Ethereum blockchain that govern the operations of the Platform. These programs automate the Platform’s core functionalities, including task distribution, verification, payment processing, and reputation management. Smart Contracts operate autonomously and cannot be modified by the Platform Operator once deployed.
User
Any individual or entity acting in a professional capacity with sufficient expertise to understand and assess the legal and financial issues related to the use of the Platform, and accesses or interacts with the Platform through a connected Ethereum wallet. Users can act as providers (supplying compute resources), requestors (accessing compute resources), or both.
CXT Token
The native utility token of the Centrix Network used for payments, staking, and governance within the Platform. CXT tokens facilitate transactions between requestors and providers and grant holders voting rights in protocol governance.
User Interface
The front-end web application and independent interface that allows Users to interact with the smart contracts. The User Interface simplifies interactions by enabling wallet connections, task submissions, and position monitoring, but it does not execute or control any transactions on the Ethereum blockchain.
Gas Fees
Transaction fees paid to the Ethereum blockchain to validate and process transactions. The fees fluctuate based on network demand and are outside the control of the Platform Operator.
Decentralization and Autonomy
The Platform is designed to operate without reliance on any centralized party:
- Autonomous Smart Contracts: All transactions on the Platform are governed by smart contracts deployed on the Ethereum blockchain. These contracts execute automatically based on predefined rules and conditions.
- No intermediary role: The Platform Operator does not act as an intermediary in transactions. Users interact directly with the smart contracts, assuming full responsibility for their transactions.
The Platform consists of several key components that work together to ensure the stability and functionality of the system:
- Task Marketplace: A decentralized marketplace where requestors post computational tasks and providers bid to complete them.
- Verification System: Multi-layered verification mechanisms including redundant execution, zero-knowledge proofs, and spot-checking to ensure computation correctness.
- Reputation System: Dual reputation tracking for both providers and requestors to maintain network quality and trust.
- Payment Infrastructure: Automated payment processing through smart contracts using CXT tokens.
- Staking Mechanism: Collateral requirements for both providers and requestors to align incentives and prevent malicious behavior.
Users can use the Platform as follows:
As Providers:
- Register hardware and computational capacity
- Stake CXT tokens as collateral
- Accept and execute computational tasks
- Earn CXT tokens as rewards for completed work
As Requestors:
- Submit computational tasks with specifications
- Stake CXT tokens for task requests
- Review provider proposals and select providers
- Pay for completed tasks in CXT tokens
The Platform Operator shall, to the extent possible, provide and maintain the User Interface through which Users can access the Platform.
The User Interface is designed to facilitate interactions with the smart contracts, including:
- Connecting Ethereum wallets
- Submitting and managing computational tasks
- Monitoring task status and payments
- Managing reputation scores and staking positions
- Viewing available providers and their capabilities
The Platform Operator does not guarantee uninterrupted access or the absence of bugs, vulnerabilities, or errors in the User Interface.
No Custodial Services
The Platform Operator does not provide custodial services for any CXT tokens or private keys. Users remain solely responsible for securing their wallets, private keys, and recovery phrases.
The Platform Operator:
- Does not store or manage user assets: All assets, including CXT tokens and staked collateral, are managed directly by the smart contracts on the Ethereum blockchain.
- Cannot recover lost credentials: The Platform Operator has no ability to recover lost or compromised private keys.
No Guarantee of Transaction Success
The Platform Operator disclaims all liability for the success, failure, or outcome of any transaction conducted through the Platform. Users acknowledge and accept that:
- Transactions are final and irreversible: All transactions conducted through the smart contracts are final and cannot be reversed or modified once confirmed on the Ethereum blockchain.
- Network conditions may affect transactions: The success of transactions depends on the performance of the Ethereum blockchain, including network congestion, node failures, and other factors beyond the control of the Platform Operator.
- Gas Fees are required: Users must ensure they have sufficient funds to cover Gas Fees for each transaction.
No Liability for Smart Contract Risks
The Platform Operator disclaims all liability for any bugs, vulnerabilities, or exploits in the smart contracts. Users interact with the smart contracts at their own risk.
Wallet Connection Requirement
To access and interact with the Platform, Users must connect a compatible Ethereum wallet through the User Interface provided by the Platform Operator. Users acknowledge that by connecting their wallet, they are engaging directly with the smart contracts on the Ethereum blockchain.
Users are responsible for ensuring that:
- Their connected wallet is secure and properly configured
- They have sufficient funds in their wallet to cover transactions and Gas Fees
- They understand the mechanics and risks of interacting with smart contracts
The Platform Operator disclaims all liability for losses resulting from errors, misconfigurations, or unauthorized access to Users’ wallets.
Conditions of Use
By connecting to the Platform, Users represent and warrant that they:
- Are authorized to use the Platform: Users confirm that they have the legal capacity and authority to enter into a binding agreement under these Terms.
- Are compliant with applicable laws: Users confirm that their activities on the Platform comply with all applicable laws, including financial regulations, securities laws, anti-money laundering (AML) requirements, and tax obligations.
- Are not subject to sanctions: Users confirm that they are not subject to any sanctions or restrictions imposed under applicable laws.
Security and User Responsibility
Users are responsible for securing their Ethereum wallets and private keys. The Platform Operator does not manage, store, or recover User credentials.
The User must:
- Secure their wallets: Implement appropriate security measures, such as using hardware wallets and securing recovery phrases.
- Verify transactions: Carefully verify transaction details before initiating any transactions.
Suspension or Termination of Access
The Platform Operator reserves the right to suspend or terminate a User’s access to the User Interface at its sole discretion if the User violates these Terms or engages in prohibited activities.
Suspension or termination of access does not affect the User’s ability to interact with the smart contracts directly on the Ethereum blockchain.
User Obligations and Responsibilities
Security and Wallet Management
Users are responsible for securing their Ethereum wallets, private keys, recovery phrases, and other credentials required to access the Platform. Loss of these credentials may result in permanent loss of access to CXT tokens or staked collateral.
Users must:
- Implement security measures including hardware wallets and multi-factor authentication
- Keep recovery phrases secure in offline locations
- Verify transactions before confirming
- Be vigilant against phishing and social engineering attacks
- Ensure wallets are not compromised
Compliance with Applicable Laws
Users must ensure that their activities on the Platform comply with all applicable laws in their jurisdiction, including:
- Tax obligations for earnings and transactions
- Financial regulations
- Anti-money laundering requirements
- Securities laws where applicable
Prohibited Activities
Users must not engage in any activity that compromises the integrity, security, or functionality of the Platform. Prohibited activities include:
- Exploiting Vulnerabilities: Users must not exploit bugs or vulnerabilities for unauthorized advantages
- Fraudulent Activities: Users must not engage in fraud, money laundering, or illegal enterprises
- Circumventing Fees: Users must not attempt to bypass Gas Fees or platform fees
- Disrupting Operations: Users must not deploy bots or scripts to disrupt platform operations
Risk Disclosure
Technological Risks
Users must be aware of the following technological risks:
- Smart Contract Vulnerabilities: Bugs or exploits in smart contracts could result in loss of funds
- Network Congestion: The Ethereum blockchain may experience delays or transaction failures
- Blockchain Forks: Network updates or forks could affect smart contract functionality
Market Risks
- Token Volatility: The value of CXT tokens may fluctuate significantly
- Computational Price Volatility: Market prices for computational resources may change rapidly
- Payment Risks: Late or failed payments may occur due to network conditions
Regulatory and Legal Risks
- Jurisdictional Restrictions: The Platform may not be legal in all jurisdictions
- Regulatory Changes: Changes in laws may impact platform operations
- Tax Obligations: Users are responsible for tax compliance
Limitation of Liability
The Platform Operator disclaims all liability for any losses or damages arising from transactions initiated by Users on the Platform.
Specifically, the Platform Operator is not liable for:
- Incorrect or unauthorized transactions
- Unauthorized access to wallets
- Transaction failures
- Loss of private keys
- Bugs, vulnerabilities, or exploits
- Network failures
- Regulatory actions
- Force majeure events
Indemnification
By accessing and using the Platform, Users agree to indemnify, defend, and hold harmless the Platform Operator and its affiliates from and against any and all claims, demands, damages, losses, liabilities, costs, and expenses arising out of or related to:
- User’s use of the Platform
- Violation of these Terms
- Violation of applicable laws
- Third-party claims resulting from User’s actions
Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to its conflict of laws principles.
Arbitration Agreement
Any dispute arising from or related to these Terms shall be resolved through binding arbitration. The arbitration shall be conducted by a single arbitrator, with proceedings held entirely online via email and web conferences.
Waiver of Class Actions
Users agree that any dispute must be resolved on an individual basis and not as part of any class, collective, or representative action.
Amendments to the Terms
The Platform Operator reserves the right to amend, modify, update, or replace these Terms at any time. Such amendments shall become effective upon publication of the updated Terms through the User Interface.
Users acknowledge that by continuing to access or use the Platform after publication of amended Terms, they agree to be bound by the updated Terms.
Miscellaneous
Entire Agreement
These Terms constitute the entire agreement between the User and the Platform Operator regarding the use of the Platform.
Force Majeure
The Platform Operator shall not be held liable for any delay or failure to perform its obligations due to events beyond its reasonable control.
Assignment
The Platform Operator may assign its rights and obligations under these Terms without prior consent. Users may not assign their rights without written consent.
No Waiver
The failure of the Platform Operator to enforce any provision shall not constitute a waiver of such provision.
Survival of Provisions
Sections regarding User Obligations, Risk Disclosure, Limitation of Liability, Indemnification, and Governing Law shall survive termination of these Terms.
Last Updated: December 2025
Contact: legal@centrix.network
For questions about these Terms, please contact us through our official channels.