Activity recorded directly on the blockchain and finalized in blocks.
On-chain refers to actions that are broadcast to the network, validated by nodes, and included in blocks. On-chain activity inherits the chain’s security and transparency.
"Sending BCH from one address to another is an on-chain transaction once mined into a block."
On-chain operations are more transparent and secure but can be slower and incur fees compared to off-chain interactions.
"Batching payments reduces on-chain fees by consolidating many outputs into one transaction."
All terms and definitions may update as the Cryptionary improves.