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

Blockchain technology provides a secure and open solution for transactions on-chain. For users seeking speed, anonymity and cost efficiency, conducting a transaction off-chain might make sense.

Updated Apr 10, 2024, 2:20 a.m. Published Aug 29, 2022, 9:38 p.m.
(Yuichiro Chino/Getty Images)
(Yuichiro Chino/Getty Images)