Words starting with M
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Mainnet
A blockchain's production network, where its assets and transactions have their normal economic role.
Market capitalization
An asset's reference price multiplied by its estimated circulating supply.
Market order
An instruction to trade promptly against available liquidity under a venue's execution rules.
Maximum supply
The stated upper limit on how many asset units can exist under the applicable rules.
Mempool
A node’s local collection of valid pending transactions waiting for block inclusion.
Merkle proof
Intermediate hashes used to check that an item belongs to a Merkle-root commitment.
Merkle root
The top-level hash that commits to the contents of a Merkle tree.
Merkle tree
A tree of hashes that commits to many data items through one root hash.
MEV
Maximal extractable value: value available through controlling transaction inclusion, exclusion or ordering beyond ordinary rewards and fees.
Mining
The process of building candidate blocks, searching for valid proof of work and publishing successful results.
Mining difficulty
A measure of how hard it is to find a proof-of-work hash that meets the network’s target.
Mining pool
A group of miners that coordinates work and shares rewards using an agreed payout scheme.
Multisig
An authorization arrangement that requires signatures from a specified number of distinct keys.
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