#abcsofcrypto
abcsofcrypto
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O is the next letter in the ABCs of crypto and it stands for ON-CHAIN.
ON-CHAIN refers to any transaction, contract execution or activity that is permanently and publicly recorded directly on a blockchain.
Transactions are verified by network participants through a consensus mechanisms, ensuring transparency and security without relying on intermediaries.
#ABCs #ABCsofCrypto #beginners
ON-CHAIN refers to any transaction, contract execution or activity that is permanently and publicly recorded directly on a blockchain.
Transactions are verified by network participants through a consensus mechanisms, ensuring transparency and security without relying on intermediaries.
#ABCs #ABCsofCrypto #beginners
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