I've seen a lot of fear regarding the new poloniex TOS, and I wanted to make some quick comments about it (will update it with more information later).
Steemit user @natra made a great post that links to https://www.diffchecker.com/XAd9q95k where we can see the differences between the new and old TOS.
A lot of posts on steemit have been stating that Poloniex has added to their TOS that users waive their right to participate in a class action lawsuit. Based on the diffchecker, we can see that statement was already implemented into their old TOS.
Old TOS
New TOS
Essentially, that was always there.
Significant changes I have noted thus far:
Change in address:
Old TOS
New TOS
A change in their Electronic Trading Terms, which adds what they would do in regards to a fork, along with other things.
Old TOS
New TOS
Ive only done a quick skim through the TOS, but overall (correct me if Im wrong), it just looks like an elaboration of things they have already stated in the old TOS.
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