One of those crypto topics that seems complicated until someone breaks it down simply.
Knowing when you’re using on-chain or off-chain transactions helps you understand the tradeoff between security, speed, and cost.
On-chain and off-chain transactions move crypto from A to B, but they do it in very different ways.
One prioritizes security and final settlement. The other focuses on speed and efficiency.
Here's what that means in practice 🧵