Parallel execution refers to the simultaneous processing of multiple computational tasks or transactions within a system. In blockchain contexts, this method aims to enhance network throughput by allowing independent operations to be processed concurrently, rather than one after another. This approach significantly differs from traditional sequential execution models found in many existing blockchains. Implementing parallel execution requires careful design to prevent conflicts when transactions interact with shared state.
Context
The pursuit of parallel execution represents a significant technical challenge and a key area of innovation for many next-generation blockchain protocols. Solutions often involve sophisticated transaction ordering mechanisms or state partitioning to manage dependencies effectively. Progress in this domain is frequently reported as a critical advancement in addressing the scalability limitations of decentralized networks.
SpeedyFair decouples transaction ordering from consensus, using parallel processing to achieve a 1.5×-2.45× throughput increase over state-of-the-art fair ordering protocols.
PeerDAS radically optimizes data availability for rollups, enabling an eightfold increase in blob throughput to redefine the L2 cost curve and user experience.
The Move-based L1 has established a critical liquidity base, leveraging parallel execution to onboard capital and define its niche in the high-speed DeFi vertical.
SuiDEX introduces a native, high-performance decentralized exchange on Sui, addressing fragmented liquidity and enhancing cross-chain capital efficiency for institutional and retail participants.
This research introduces novel mechanisms for parallel transaction execution within the Ethereum Virtual Machine, fundamentally enhancing blockchain throughput and efficiency.
The Range-Based Sharding Protocol revolutionizes enterprise blockchain scalability by using a commit-reveal scheme for fair validator distribution and reduced transaction delays.
This research introduces novel strategies for parallel transaction execution and gas incentivization, fundamentally transforming Ethereum's scalability limitations.
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