On-Chain vs Off-Chain Transactions Explained
What Are On-Chain Transactions? An on-chain transaction is a transfer that happens directly on the blockchain. Every step is recorded on the public ledger, making it transparent, secure, and verifiable. 👉 Example: Sending Bitcoin from your wallet to another person’s wallet and waiting for network confirmations. Pros of On-Chain: Highly secure Transparent (anyone can verify) Permanent record Cons of On-Chain: Slower (needs confirmations) Can be expensive (gas fees) What Are Off-Chain Transactions? An off-chain transaction...
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