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Mempool Space Meaning

A specific, highly popular open-source block explorer and visualizer (mempool.space) used primarily for the Bitcoin network. It provides a real-time weather map of the Bitcoin mempool, showing the different fee levels required for a transaction to be included in the next block.

For a regular Bitcoin user, Mempool Space is an essential tool for saving money. Instead of just paying the suggested fee in their wallet, they can check the site to see the minimum fee currently being accepted by miners.

It has become the gold standard for transparency in the Bitcoin ecosystem.

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