Off-chain transactions that take place may later be reported or bundled together before being sent to the main chain.
Fiat
Fiat money, often known as fiat currency, is money that a government has recognized as legal tender and that it supports.
Off-Chain
All network users can see on-chain transactions because they are recorded on the distributed ledger. Off-chain transactions, however, take place away from the blockchain network
Coin
Cryptocurrencies known as coins run on separate blockchains and are unrelated to other coins. Such a cryptocurrency's single unit is also known as a coin.
