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
opML (Optimistic Machine Learning)
opML (Optimistic Machine Learning) employs an optimistic verification mechanism and is able to handle large-scale machine learning models with billions of parameters efficiently, using fraud proofs that verify the ML computation.
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Cloud Mining
Mining on blockchains through rented processing power rented from companies that host the physical equipment.
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.