Onchain Transactions

Definition ∞ Onchain Transactions are operations recorded directly and permanently on a blockchain’s distributed ledger. These transactions are publicly verifiable, immutable, and secured by the network’s consensus mechanism. They represent the fundamental unit of value transfer and state change within a blockchain system, providing a transparent record of activity.
Context ∞ In crypto news, Onchain Transactions are a core concept, with reports often analyzing transaction volumes, fees, and network congestion as indicators of blockchain activity and health. Discussions frequently cover the security assurances provided by on-chain settlement, as well as efforts to scale networks to handle higher transaction throughput. The transparency and finality of these operations are central to the integrity and reliability of digital assets.