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
Multisignal (multi-signature)
They are wallets that require more than one key for transactions to be authorized.
Enterprise Ethereum Alliance (EEA)
Enterprise Ethereum Alliance is made up for a group of Ethereum developers, corporations as well as startups who are collaborating to find ways to use Ethereum for business applications.
Cryptocurrency
A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.