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Glossary-M
Glossary-M
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Mainchain

A blockchain with high frequency block creation (one per minute, or even one every 20 seconds).

Glossary-Term

Masternode

A full node that keeps the full copy of the blockchain in real-time but has additional roles such as participating in governance and voting. On cryptocurrencies with masternodes such as DASH, they are a key component to the functioning of the blockchain network.

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Mempool

A container for mempool transactions.

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MempoolTransaction

A transaction broadcasted to the P2P network that has been validated and it is in queue to be included in a block.

Glossary-Term

Merkle Root

The cryptographic hash of all hashes in a Merkle tree. In a blockchain, this is a merkle hash of all transaction hashes in the chain.

glossary-blockchain Merkel-root and merkel-ree
Glossary-Term

Merkle Tree

A system that splits complicated hash code functions into smaller chunks (creating a tree-like shape). This allows faster verification on large-scale blockchains.

glossary-blockchain Merkel-root and merkel-ree
Glossary-Term

Miner

An important participant in the blockchain network, who bundles transactions and gets paid in new coins and transaction fees in return for helping to run the system.

Glossary-Term

Mining

The process by which transactions get verified, bundled, and added to the blockchain.

Glossary-Term

Mining Pool

A group of people or organizations who come together to pool and share their computer resources for cryptocurrency mining.

glossary-blockchain Mining-Pool
Glossary-Term

Mining Reward

The payment resulting from volunteering computer resources to process cryptocurrency transactions.

Glossary-Term

Mining Rig

A computer setup that’s specially designed for mining a cryptocurrency.

glossary-blockchain Mining-Rig
Glossary-Term

Mist

Browser for installing and using Dapps.

Glossary-Term

MSP (Membership Service Provider)

A Hyperledger Fabric blockchain network can be governed by one or more MSPs.

Glossary-Term

Multi Signature (MultiSig)

Some cryptocurrency wallets and addresses are protected by multiple keys. Several people are required to approve (sign) transactions before they can take place.

glossary-blockchain Multi Sig