Bitcoin Mempool Basics

In this video, we are explaining what Bitcoin mempool is, understanding how bitcoin transaction lifecycle and transaction fees work as well as doing overview of an open source web application - mempool.space. ------------------------------------------------ Mempool space: https://mempool.space/ ------------------------------------------------ ***Disclaimer*** The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome. ------------------------------------------------ - TIMESTAMPS - 00:00 Intro 00:20 Context 00:49 What Is Mempool 01:08 Bitcoin Transaction Lifecycle 03:14 Transaction Fees 04:55 Mempool.space - Initial Dashboard Overview 10:21 Mempool.space - Bitcoin block Review 11:30 Mempool.space - Transaction Review 14:15 Mempool.space - Mining tab 16:14 Mempool.space - Graphs Tab 16:33 Mempool.space - About Tab 16:55 Outro ------------------------------------------------ #Bitcoin #blockchain #mempool