Home Blockchain On-Chain and Off-Chain Transactions: What’s the Difference?

On-Chain and Off-Chain Transactions: What’s the Difference?

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On-Chain and Off-Chain Transactions: What’s the Difference?

Blockchain networks provide security, transparency, and ease of use when making a transaction. However, some blockchain networks such as Bitcoin or Ethereum remain limited in their scalability and sometimes require high fees to process transactions. Off-chain systems address these issues and promote faster processing speeds, lower fees, and greater discretion.

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