GLOSSARY OF TERMS

 

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There are 3 names in this directory beginning with the letter M.
MEMPOOL
A set of unconfirmed transactions stored by a node that have not yet been included in a block. Each node has its own MEMPOOL.

Miners
The participants of the network who provide computing power and validate transactions to get a reward.

Mining
Mining is the use of computers to validate transactions on the blockchain. Individuals who participate in this process are called miners. Their incentive for validating transactions is usually in the form of cryptocurrencies.


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