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Understanding Mempool: an important transaction mechanism of DigiByte
What is Mempool?
Mempool ( is a temporary storage of unconfirmed transactions in the blockchain. When you send $DGB, the transaction first goes into the mempool, where it waits for miners to select it for inclusion in a block and permanently record it on the blockchain.
Transaction Priority Mechanism
The priority system in the mempool is based on the fee size of ) satoshis per byte of data (:
Confirmation Technology in DigiByte
New blocks in the DigiByte network are created approximately every 15 seconds due to the multi-algorithm mining system. Once a transaction is included in a block, it receives its first confirmation. Most exchanges require 6 confirmations ) about 90 seconds ( for the transaction to be considered final.
Technological Advantage: DigiByte processes transactions 40 times faster than Bitcoin with significantly lower fees. An empty mempool in the DigiByte network indicates the high performance of the system, capable of processing all transactions practically in real-time.