Off-chain governance refers to decision-making processes that occur outside of the blockchain, such as discussions in forums or voting on social media platforms, which influence the development and policies of the blockchain.
Cardano uses off-chain state channels for scalability with peer-to-peer communication, cryptographic commitments, and dispute resolution for off-chain transactions.
Ouroboros is Cardano's Proof of Stake consensus algorithm, ensuring decentralization, scalability, and security through randomly chosen slot leaders.
On-chain refers to transactions or processes that occur directly on the blockchain network.
Off-chain refers to transactions or processes that occur outside of the main blockchain network.
On-chain scaling involves making changes to the base layer of a blockchain to increase its capacity and performance.
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