Crypto WOTD — Off-chain vs On-chain

What's up CAPPIES! After some intense research on yield farming in the previous article, let's get back to some simple basics of the crypto world for today.

BLOCKCHAIN

Before we dive deeper into the topic for today. We first need to understand what a blockchain is. In its simplest form, the blockchain is a distributed ledger whose primary purpose is to record transactions. In this distributed system, each computer (node) must retain a copy of the ledger. The beauty of this distributed system is that it reduces the risk of corruption by…