Off-Ledger Currency
A currency that is made outside of a specific blockchain but is still accepted and used in transactions.
More terms under O
- Off-ChainA transaction that happens outside of the blockchain, making it faster and cheaper to process.
- Off-Chain GovernanceOff-chain governance is a way of making decisions about a blockchain that happens outside of the blockchain's main code. This means discussions and choices are…
- Off-Chain TransactionAn off-chain transaction is when value is exchanged outside of the main blockchain, often using a separate network or layer to make the process faster and…
- Office of the Comptroller of the Currency (OCC)The Office of the Comptroller of the Currency (OCC) is a part of the U.S. Treasury that oversees and regulates national banks, federal savings associations,…
- Offline StakingOffline staking means you can earn rewards for your cryptocurrency without having to keep your device connected to the internet all the time.
- Offline StorageStoring cryptocurrencies on devices that are not connected to the internet for added security.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.