A transaction that is processed outside the blockchain network with an increased speed and reduced cost.
Off-chain governance is a type of blockchain governance in which decisions are made informally, away from the primary code base of the blockchain.
An off-chain transaction is defined as a second-layer protocol where the transactions occur on a network and move value outside of the blockchain.
A currency that is created (minted) outside of the specified blockchain ledger but is accepted or used.
The act of storing cryptocurrencies in devices or systems not connected to the internet.
On-balance volume (OBV) is a technical trading indicator that forecasts an asset’s price movements based on the volume flow.
Transactions that are recorded on the blockchain itself and shared with all of the participants are done on-chain.
On-chain governance is a decentralized framework used for organizing and integrating updates/improvements to the blockchain networks.
A currency that is both minted on the blockchain ledger and also used on the blockchain ledger, such as Bitcoin.
Onchain fiat is a first-of-its-kind, fully authorized and regulated subset of stablecoins that allows for seamless transitions between traditional bank accounts and web3.