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off-chain

adj

off-chain

adj

Etymology From off + (block)chain.

1

Business, Cryptocurrencies, Cryptocurrency, Finance Occurring outside of a blockchain.

  • The off-chain arrangements use miners who give their hard disk to store other clients' records for a prize, and the blockchain is utilized to encourage the capacity market among miners and clients.2021, D. Sumathi et al., editors, Convergence of Blockchain Technology and E-Business, CRC Press, →ISBN, page 241:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.