Mempool

mem-pool

Noun

formal english definition

Short for memory pool; a holding room for the pending transactions in the network.

EXPLAIN LIKE I'M 5-YEARS-OLD (ELI5) definition

Mempool is a waiting area for Bitcoin transactions. When someone sends a Bitcoin transaction, it enters the mempool, which is a pool of unconfirmed transactions.

COMPREHENSIVE definition

To be deemed genuine on the Bitcoin network, every transaction must be confirmed and added to the blockchain. When a Bitcoin transaction is sent, mempool operates as a temporary storage place for transactions awaiting confirmation by miners.

Other local languages
Tagalog definition

Sa ingles ay pagpapaikli ng terminong “memory pool”, isang lugar kung saan iniimbak ang mga nakabinbin / nakabitin na mga transaksyon sa network.

Cebuano definition

Mubo sa memory pool; usa ka holding room alang sa pending nga mga transaksyon sa network.

Ilocano definition

Bassit nga awag iti memory pool; kasla kwarto nga mangig-iggem para kadagiti agbitbitn nga transaksyon iti network.