THE:Huobi Global''s Response to Potential ETH Hard Forks_Puzzle And Dragons X

DearValuedUsers,

HuobiGlobalhasnoticeddiscussionsontheupcomingEthereumblockchainhardforks.Ahardforkisablockchainnetworkupgradethatindicatesthedecentralizationandblockchainecosystemdevelopment.Werespectthecommunityconsensusonthehardforks.However,wedonotencouragetheforkswithnotangibleinnovationandimprovement,andweopposeanyformofpre-miningbehaviors.Theseworthlessbehaviorswillcausecommunitydivergence,industryconfusion,andmisunderstandingonthepartofusers.

Astheworld'sleadingcryptotradingplatform,HuobiGlobalholdsanobjectiveandneutralattitudetowardsthespinoffassets(includingbutnotlimitedtoETH)createdthroughthehardforksintheprincipleofensuringthesecurityofusers'assets.Aslongastheforkedassetsmeetoursecurityrequirements,wewilltakethefirstmovetosupportuserstoholdtheassetsandearnrewards.Tradingservicesforthosecoinsunderthespotlightwillbeavailableassoonaspossibleperourrulesafterwegetanoverallpictureofusers'opinions.

HuobiGlobalwilldistributeforkedassets(includingbutnotlimitedtoETH)iftheymeetthefollowingrequirements:

1.AhardforkprojectteamnotifiesHuobiGlobalandreceivesaclearreplybeforethehardforkisperformed.

2.Two-wayreplayprotectionisimplementedbydefault;thatis,thetradingononeforkedchainisinvalidontheother.

3.Thenewchainwillnotbecoveredoreliminatedbytheoriginalchain.

4.Thetradingonthetwoforkedchainsshouldbedifferentiatedsothattheupgradeisrequiredforallwallets(includinglight-weightnodes)tosupportthenewchain.

5.Beforeahardforkstarts,anofficialclientsoftwarewhichhaspassedthepublictestandevaluationshouldbepublished.

Toalleviatecommunitydivergenceandmarketdoubts,HuobiGlobalcallsontheindustry,especiallythemainstreamplatforms,toconductpre-evaluationsonthehardforksbasedontheabovecriteriaanddevelopsoundstandardstofacilitatethedistributionandlistingofforkedtokens.

WeherebydeclareagainthatHuobiGlobaldoesNOTencourageanyirresponsiblebehaviorssuchasarbitraryforkingandpre-miningthatareinconducivetothedevelopmentoftheindustry.Wewillalwaysprioritizetherightsandinterestsofourusersandwillremaincommittedtoprovidingyouwiththemostsecureandreliableservicesandsafeguardingyourassetsroundtheclock.

RiskReminder:Tradingdigitalassetsanddigitalassetderivativescomeswithhighrisksduetosignificantpricevolatility.Pleasefullyunderstandalltherisksandmakeprudentdecisionsbeforetrading.Pleasereadourdetailedriskreminder.Huobiwillnotberesponsibleforyourtradinglosses.

HuobiGlobal

August5,2022

TradeonthegowithHuobiGlobalApp(iOS/Android)

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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanydigitalasset,product,orpromotiononHuobiGlobal.Pricesofdigitalassetsarehighlyvolatileandtradingdigitalassetsinvolvesrisk.PleasereadourRiskRemindertexthere.

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