Tag: Off-chain Transaction

What is an Off-chain Bitcoin Transaction?

Bitcoin transaction fees remain a pressing issue to this very day. One way to bypass those fees includes using off-chain transactions. That is quite difficult for the average consumer, although most companies can complete such transfers with relative ease. This begs the question as to how these off-chain transactions work in the first place. Now is a good time to take a closer look at the concept of an off-chain transaction. …
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