Pools 18
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Glossary

Off-Chain

Activity outside the blockchain: fast, but trust-based.

Off-chain describes activity that happens outside the blockchain ledger: an exchange updating internal balances, a layer-2 channel netting payments, a pool tracking your pending shares.

Off-chain is fast and free but rests on trusting the operator until settlement. The healthy pattern is off-chain for speed, on-chain for settlement, which is exactly how pool balances become hourly on-chain payouts.

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