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Concurrent Execution

Definition

Concurrent execution refers to the ability of a system to process multiple operations or tasks during overlapping time periods. In blockchain contexts, this means different transactions or smart contract operations can proceed seemingly simultaneously, even if they are not strictly parallel. This contrasts with purely sequential processing, where each operation must fully complete before the next begins. Concurrent execution is a key strategy for improving the throughput and efficiency of blockchain networks. It addresses limitations where a single chain struggles to handle a high volume of activity.