All blockchain networks and systems require autonomous on-chain code in order to process transactions.
All blockchain networks and systems require autonomous on-chain code in order to process transactions.
Not all blockchain networks and systems require autonomous on-chain code to process transactions. Bitcoin, for instance, operates without autonomous on-chain code, functioning based on a protocol that doesn't involve smart contracts. Hence, it is FALSE that all blockchain networks necessitate autonomous on-chain code for transaction processing.
The answer should be true. Transaction only valid if it is done on on-chain contract and verified by 51% nodes. https://etorox.com/blockchain-academy/what-is-the-difference-between-on-chain-and-off-chain-transactions/
Not necessarily. BTC is a example