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Mempool

A node’s local collection of pending transactions; different nodes can hold different sets.

A concrete example

Seeing a transaction in an explorer’s mempool does not guarantee the next miner will include it.

In context

Nodes maintain their own pools of pending transactions; there is no single authoritative global mempool. A transaction included in the current tip has one confirmation. Each additional block increases the count, but the appropriate acceptance threshold depends on the payment and network conditions.

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Bitcoin

Bitcoin fees, mempool and confirmations

Fees are commonly quoted in satoshis per virtual byte.

Intermediate3 min reading + workshop ↗

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