Cryptocurrency Q&A
What is on chain crypto?
What is on chain crypto?
CryptoQueenGuard
Sun Nov 17 2024
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5
answers
1545
I'm interested in understanding what 'on chain crypto' actually refers to. I want to know the basics of it, how it works, and its significance in the cryptocurrency world.
5 answers
Dario
Mon Nov 18 2024
These transactions often occur through secondary layers, which facilitate faster processing speeds.
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Rosalia
Mon Nov 18 2024
On-chain transactions are executed directly on the blockchain.
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Dario
Mon Nov 18 2024
This method of transaction is particularly suitable for high-value deals.
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DaeguDivaDanceQueen
Mon Nov 18 2024
The reason behind its suitability is the trustless framework it offers.
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Nicola
Mon Nov 18 2024
Unlike on-chain transactions, off-chain ones take place outside the main blockchain network.
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