A master seed is a collection of all the private keys necessary to generate every address for a cryptocurrency walletA cryptocurrency wallet is a physical or electronic device that stores a user's private and public keys. These keys provide... Read More. A walletWallets are a digital storage facility for digital currency. A wallets can exist as a software program on a computer... Read More is generally just a single complete instance of those keys, along with other associated data like transactions and balances. Data for wallets and seeds are typically stored locally on a hardware device.
Mempool
Mempool (or memory pool) is a temporary storage area for unconfirmed transactions on a blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More. Transactions enters the mempool upon creation. BlockA block is a specific type of construct in a blockchain that stores transactional information blocks typically contain transaction information... Read More miners, in turn, take groups of transactions from the mempool to build blocks.
