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

Reddit r/CryptoCurrency Moon

Moons are a new way for people to be rewarded for their contributions to r/CryptoCurrency

ERC-20

ERC-20 is one of the most widely used token standards in Ethereum to create fungible, exchangeable tokens.

Full Pay-Per-Share (FPPS)

FPPS is quite similar to PPS; the only difference is that the pool will additionally pay a transaction fee incentive if the block is identified. FPPS is the same as PPS+.

Public Blockchain

An open sourced blockchain where participation is public and permissionless

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