Category: Tech

The mempool is the component of the Bitcoin network that stores unconfirmed transactions before they are processed and included in the blockchain. The size of the mempool can fluctuate based on network demand, and when it becomes congested, transactions may take longer to be confirmed and processed....

Bitcoin was innovative when it was first introduced in 2008 as a decentralized digital currency that operated on a secure, transparent blockchain network. However, the question of whether it is still innovative today is a matter of debate....

Bitcoin uses cryptography to secure its transactions and maintain the integrity of its ledger, called the blockchain. Cryptography is a technique for secure communication that uses mathematical algorithms to scramble data in a way that makes it difficult for unauthorized parties to access it....

Bitcoin is built on the technology of blockchain. A blockchain is a decentralized and distributed ledger that records all transactions in a secure and transparent manner. It is made up of a series of blocks that are linked together in a chain, hence the name blockchain....