Definition ∞ Transactions that are processed and recorded outside of the main blockchain. These operations are often conducted on secondary networks or payment channels to improve speed and reduce costs. Their results are periodically batched and submitted to the main chain for final settlement.
Context ∞ Off-chain transactions are a key component of scaling solutions designed to alleviate congestion on primary blockchains. Innovations in this area are frequently reported as they offer pathways to greater efficiency and lower fees for users. The security and finality of off-chain transaction settlements remain critical considerations for their widespread implementation.
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