Transaction Parallelization
Transaction parallelization is the process of executing multiple independent transactions simultaneously rather than in a strict serial order. In traditional blockchains, transactions are processed one after another, which creates a significant bottleneck.
By identifying transactions that do not conflict ⎊ meaning they do not touch the same account balances or smart contract states ⎊ the protocol can run them in parallel on multiple CPU cores. This dramatically improves throughput and reduces latency.
Parallelization is a key feature of modern, high-performance blockchains designed for complex financial interactions. It requires sophisticated conflict detection algorithms to ensure that the final state is identical to what it would have been if processed serially.
This approach is vital for achieving the performance required for global financial markets.