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Bitcoin but then also any kind of financial instrument and then the next generalization is what I call The Ledger of record many
kinds of facts can be put partially or completely onchain it's not just proof of work and proof of stake there's things like proof
of location proof of human proof of this proof of that the auditable oracles I talked about extend it further lots and lots of people are working on this right
Listen to native speakers pronounce “onchain” as a verb in real conversational contexts with synchronized timestamps and subtitles.