6 May, 2019
Bitcoin MempoolPosted on : by : BlockGlossary
Meaning of Bitcoin Mempool
It refers to the store house (waiting room) of pending transactions awaiting processing by miner.
For example, When a Bitcoin transaction is transmitted to the network, it first gets verified by all of the Bitcoin nodes available. After it successfully passes verification it goes and sits inside the Mempool and patiently awaits until a miner picks it up to include it in the next block.« Back to Dictionary Index