On-chain

On-chain refers to activities or processes that occur directly on a blockchain network. It involves actions, transactions, or operations executed and recorded within the blockchain's decentralized ledger. On-chain activities encompass various interactions such as token transfers, smart contract executions, consensus mechanisms, and data storage, all of which are processed and permanently recorded on the blockchain. On-chain actions are transparent, immutable, and accessible to all participants in the network, contributing to the decentralized nature and integrity of blockchain-based systems.