Post
Topic
Board Bitcoin Discussion
Re: Can Someone Explain "Off-Blockchain Transactions" ?
by
battani
on 15/05/2014, 02:43:13 UTC
Bitcoin services implement off-blockchain transactions because of the high miner fees and long confirmation times. Most developers really wish they could decentralize — it's more secure and they don't have to hold the raw private keys. Unfortunately, decentralization kills the user experience.