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aragonet 🎩
@aragonet
What is the difference between off-chain and on-chain?
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strhodler 🎩
@strhodler
In Bitcoin off chain would be a usual transaction in mainnet. Lightning transaction would be off chain until a channel is closed and it goes to the mainnet as a transaction on chain.
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aragonet 🎩
@aragonet
And is that equivalent to ethereum? All transacions on layers 2, 3... Are considered off chain and the ones on the L1 on chain?
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strhodler 🎩
@strhodler
No idea about how Ethereum works
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