What is a mempool?

Mempool" is the "waiting room" for valid Bitcoin transactions.

If a Bitcoin user sends BTC, the transaction is first propagated throughout the network of nodes, which independently verify the transaction.

Once each node has verified the transaction, it will wait in the mempool in order to be picked up by a miner to be added to the Bitcoin blockchain.

Miners are incentivized to pick transactions with the highest fees attached to them.

#Bitcoin #Mempool #BTC

🚀 Tech City Bali is Live! 🌐💫 We can't wait to see you at our events.

Check out and register for the updated events program below:  
August 18th: Sunset & Chill | 
Batu Belig Beach- https://lu.ma/ofzg4uji

August 19th: Thirdweb dApp Workshop | 
Tech City Hacker House- https://lu.ma/jppv76bb

August 19th: Starknet Prep Workshop | Tech City Hacker House- https://lu.ma/y2r9d5fx

August 20th: Starknet Workshop |
Tech City hacker House- https://lu.ma/5nmtfho1

August 20th - Thirdweb Office Hours | Online- https://meet.google.com/fne-hbny-zng

August 20th - Private Welcome Dinner| Tech City Hacker House- https://lu.ma/ujjbgkze

August 21st Chain Fusion Hacker House| 
OXO The Factory - https://lu.ma/1rg40k2f

August 23rd: ICP x H.E.R DAO Creatives  in Web3 Workshop | Coinfest- https://lu.ma/sbdd0r07