Definition ∞ Online transactions are exchanges of value or data conducted over the internet. In the realm of digital assets, this specifically refers to the transfer of cryptocurrencies or tokens between digital wallets or accounts. These transactions are recorded on distributed ledgers, providing a transparent and immutable record.
Context ∞ Online transactions are central to the functionality and adoption of digital assets, with ongoing discussions focusing on their speed, cost, and scalability. Regulatory bodies are also closely examining transaction patterns for compliance and illicit activity detection.
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