Blockchain technology can be used to facilitate cryptocurrency transactions without the need for a trusted third party like a bank. “On-chain” transactions carried out on a blockchain offer greater security and transparency, becausse they’re verified and recorded on a public distributed ledger that cannot be changed.
But blockchain transactions may include high fees and slow processing times, depending on the network’s verification method. For example, on the Bitcoin network, it can take anywhere from a few minutes to a couple of days to confirm a bitcoin (BTC) payment.
Off-chain transactions are confirmed outside of the main blockchain network, often resulting in a cheaper and faster process for the user.
On-chain tx vs Off-chain tx
On-chain transaction 의 경우, 더 나은 보안과
