Mempool
By CoinGecko | Updated on Mar 03, 2020
It is the abbreviation of Memory Pool. Set of unconfirmed transactions in a blockchain. Each time a transaction is made, it enters directly into the mempool, after which the miners take groups of transactions to build the blocks.
Related Terms
Byzantine Generals’ Problem
A term used to describe the situation a single strategy which requires consensus from all members within a group who cannot be trusted or verified
Sharding
A form of database partitioning which breaks up data into smaller segments.
ROI
Short for “Return on Investment”, the ratio between the net profit and cost of investing.
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
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