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
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
Nonce
Abbreviation for ‘number only used once’ It is of vital importance next to the hash in the verification of data from the Bitcoin blockchain network.
Bull Market
A bull market indicates the direction of the market going in an upward trend.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
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