Definition ∞ An execution fabric is a foundational layer or framework within a decentralized system responsible for processing and validating transactions and smart contract operations. It provides the computational environment where code runs and state changes occur on a blockchain. This component ensures the consistent and secure execution of all network activities. It acts as the operational engine for a distributed ledger.
Context ∞ The discussion surrounding execution fabrics often concerns their efficiency, security, and compatibility across different blockchain architectures. A critical debate involves optimizing these fabrics for high transaction throughput without sacrificing decentralization or censorship resistance. Ongoing research focuses on modular designs and specialized execution environments for specific application needs. The performance of the execution fabric directly influences a blockchain’s overall utility and adoption.
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