VOLT Terms of Service

1. Introduction

Welcome to VOLT, a stateless, feeless, and decentralized asset transfer protocol. These Terms of Service ("Terms") govern your access to and use of VOLT's services, including our protocol, applications, tools, smart contracts, and related services (collectively, the "Services").

By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to these Terms, do not use our Services.

VOLT utilizes advanced cryptographic techniques including Sparse Merkle Trees (SMTs) and Distributed Hash Tables (DHTs) to provide instant, feeless, and privacy-preserving asset transfers. Our protocol is designed to enhance scalability, privacy, and user experience while maintaining robust security.

2. Services Description

VOLT provides the following core services:

2.1 Core Protocol Features

• Instant and feeless asset transfers
• Privacy-preserving transactions
• Stateless verification system
• Multi-asset support
• Integration with existing blockchain networks

2.2 Technical Infrastructure

Our services are built on:

• Sparse Merkle Trees (SMTs) for efficient state representation
• Distributed Hash Tables (DHTs) for peer-to-peer data storage
• Ed25519 signatures for transaction authentication
• Ethereum bridge for wrapped token compatibility
• MetaMask integration for enhanced accessibility

3. Acceptable Use

When using VOLT's services, you agree to:

3.1 User Responsibilities

• Comply with all applicable laws and regulations
• Maintain the security of your private keys and credentials
• Use the protocol for legitimate purposes only
• Respect the privacy and rights of other users
• Report any security vulnerabilities responsibly

3.2 Prohibited Activities

You must not:

• Attempt to compromise the protocol's security
• Engage in fraudulent or deceptive practices
• Interfere with other users' access to the services
• Use the protocol for illegal activities
• Attempt to reverse engineer the protocol

4. Token Terms

4.1 Native Token (XRN)

The VOLT native token (XRN) serves specific purposes within the ecosystem:

• Incentive structure participation
• Collateral requirements
• Treasury-controlled minting
• Protocol governance (if applicable)

4.2 User-Generated Tokens

Users may create and transfer custom tokens subject to:

• Minimum collateral requirements
• Compliance with token standards
• Adherence to naming conventions
• Responsible token distribution practices

5. Security and Privacy

5.1 Security Measures

VOLT implements multiple security layers:

• Cryptographic proof validation
• Sybil resistance mechanisms
• Economic security measures
• Continuous security monitoring
• Regular security audits

5.2 Privacy Features

Privacy enhancements include:

• Address rotation for unlinkability
• Selective proof fetching
• No transaction history requirements
• Privacy-preserving state updates

6. Limitation of Liability

6.1 Disclaimer

VOLT services are provided "as is" and "as available" without warranties of any kind, either express or implied. We do not guarantee:

• Uninterrupted service availability
• Complete accuracy of protocol data
• Recovery of lost private keys or assets
• Prevention of all potential security risks

6.2 Risk Acknowledgment

Users acknowledge the inherent risks of:

• Cryptocurrency and digital asset trading
• Smart contract interactions
• Network and protocol upgrades
• Regulatory changes and compliance requirements

7. Changes to Terms

We may modify these Terms at any time. When we make changes, we will:

• Post the updated Terms on our website
• Update the "Last Updated" date
• Notify users of material changes
• Provide notice through our communication channels

Your continued use of VOLT services after changes to these Terms constitutes acceptance of the modified Terms.