Concepts

On-Chain

Anything recorded directly on the Bitcoin blockchain (the public ledger)

Category: Concepts Also known as: 3 Related terms: 3

Definition

Data that lives on the Bitcoin blockchain itself: transactions, addresses, balances. Anyone can verify it independently with a Bitcoin node. The opposite of "off-chain" (Twitter rumours, exchange order-books, internal databases).

Context anchor

~947,000 blocks since 2009; every byte publicly downloadable from any Bitcoin node

Example

On-chain data: every Bitcoin transaction since 2009, publicly verifiable

Also known as

on-chainonchainon chain