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I've seen the existing similar questions on this topic. I probably still don't get it. So a question: Is it a correct analogy to the JS-Solidity world that

  • the On-chain code corresponds to the SmartContract code I write in Solidity (and lives and executes on each node), while,
  • the Off-chain code corresponds to the JS client code that shows the UI, prepares and invokes the transaction calls made into the blockchain, and executed by the Smart Contract?

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Yes, that's correct. On-chain is exactly what it says. It's logic that happens on every validator syncing the chain. The unique thing with plutus is the on-chain and off-chain code can live together and share e the same types/imports.

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