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Pipelined Execution

Definition

Pipelined execution is a technique in computer processing where multiple instructions are processed concurrently in different stages. In blockchain systems, this can refer to optimizing the processing of transactions or smart contract operations by breaking them into sequential steps that can run in parallel. This method significantly enhances throughput and reduces latency, allowing for more efficient network operation. It is a critical component in achieving higher transaction speeds on decentralized ledgers.