Off-Chain Transaction

Home / Glossary / Off-Chain Transaction

Off-Chain Transaction

What is Off-Chain Transaction?

On a cryptocurrency network, transactions that shift value away from the blockchain are referred to as “off-chain transactions”. Off-chain transactions are becoming more and more common due to their nil or cheap costs, particularly among big participants. On-chain transactions and off-chain transactions can be compared.

My Newsletter

Sign Up For Updates & Newsletters

Email: