#explain-card Off-chain transactions refer to exchanges or agreements that occur outside of the blockchain network. These transactions are executed instantly without the need for blockchain confirmation, allowing for faster and more efficient transfers. Various methods facilitate off-chain transactions, including: - transfer Agreements: Two parties agree to transfer assets or value directly between themselves without recording the transaction on the blockchain. - Third-Party Guarantors: A neutral third party oversees the transaction, acting as a guarantor to ensure its validity and security.