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
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
PFP
It means both 'profile pic' and 'picture for proof'.
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
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