An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
Mempool
What Is a Cryptocurrency Mempool?
A mempool (short for "memory pool") is the part of a cryptocurrency's full node software that stores unconfirmed transactions broadcast to the network. These transactions are stored in the mempool until they are included in a block by a miner or validator and confirmed on the blockchain. When a user initiates a transaction, it is broadcast to the network and picked up by full nodes. These nodes will then validate the transaction to ensure that it is valid (e.g., that…
Block Education 
@BlockEducation
@BlockEducation
1 week ago 
42 views