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Off-Chain Transaction
Crypto GlossaryAn off-chain transaction is defined as a second-layer protocol where the transactions occur on a network and move value outside of the blockchain.
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Off-Chain Governance
Crypto GlossaryOff-chain governance is a type of blockchain governance in which decisions are made informally, away from the primary code base of the blockchain.
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Off-Chain
Crypto GlossaryA transaction that is processed outside the blockchain network with an increased speed and reduced cost.What Is Off-Chain?There are two different transactions that occur on the blockchain:On-chain transactions are those reflected on the distributed…