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
Batch Auction
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool.
Ticker
A ticker is a stock or asset symbol that abbreviates the asset name and it can be used as an identifier of the asset.
Kimchi Premium
The kimchi premium is the price difference between South Korean exchanges and other global exchanges for bitcoin.
Gas Limit
A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain.
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