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On-Chain Transparency

Definition

On-Chain Transparency refers to the inherent characteristic of public blockchain networks where all transaction data and network activity are recorded and publicly verifiable. This means that every transaction, including sender, receiver, amount, and timestamp, is visible to anyone with access to the network ledger. This openness provides a high degree of accountability and auditability for digital asset movements. On-chain transparency is a fundamental principle of many decentralized systems.