Off-chain
By | Updated on Mar 03, 2020
It refers to transactions occuring outside the blockchain and executed instantly. There are number of methods to do off-chain transactions. For example, two interested parties do a transfer agreement. Next, a third party faciliatete the transaction by become the guarantor in it.
Related Terms
Collateralized Debt Obligation (CDO)
A collateralized debt obligation (CDO) is a form of derivative in which the value is generated from another underlying asset, and is sold to institutional investors.
Offline Staking
Staking without needing to be connected to the blockchain
Order Book
An electronic list of all buy and sell orders in an exchange
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
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