A validating mechanism for yet-to-be-verified transactions.

Mempool (short for memory pool) is a validating mechanism for nodes on a blockchain network. This mechanism is blockchain’s provisions for the waiting period between executing a transaction and said transaction being verified as completed on the network. Thus, while the trader waits for their transaction to be verified via the node-information broadcast process, the mempool takes note of the transaction.

The mempool function is one of the guards against mishaps such as double spending. Because the mechanism functions as a kind of memory cache, it is more difficult to carry out the same transaction twice.

A crypto mining strategy whereby multiple cryptos are mined at the same time and efficiency.

Merged mining is a strategy used by miners with advanced computational power to mine cryptos on two different blockchain networks and at the same time. Moreover, due to the high computational power, the simultaneous mining of multiple cryptos is done with the same efficiency, effectively letting the miner get more rewards for using the same hash rate to work on two blockchain networks.

Merged mining is generally possible because of Auxiliary Proof of Work (AuxPoW), which is the mechanism that allows simultaneous work. However, it only works when the networks have the same algorithm.

The overall total possible amount of a token that will ever exist or be created.

Maximum supply is the highest possible amount of a cryptocurrency token or coin that will ever exist. This number is the overall total, meaning that it cannot be added to. Thus, whenever this supply is exhausted, traders will not be able to mine more from the network and will have to rely on exchanging with other traders. The concept relies on rarity which exists to protect the coin so that it does not become irrelevant overtime and can increase fairly predictably in value. Most crypto coins have a maximum supply. Bitcoin’s maximum supply is 21 million coins, whereas that of Shiba Inu is 1 quadrillion tokens. Some, like Ethereum, do not but rely on some other mechanism to control overall supply.

Analyzing the relationship between a coin's total and max supply can help traders make more informed decisions.

Mempool

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