A technical approach in blockchain architecture focused on restructuring transaction processing to reduce or remove the need for operations to occur in a strict, predetermined order. This method aims to enable parallel execution of transactions that do not conflict with each other, thereby increasing the overall throughput of the network. By identifying and isolating independent operations, sequential dependency elimination can significantly enhance scalability. It optimizes block processing efficiency.
Context
The discussion around sequential dependency elimination is critical in the pursuit of higher transaction per second rates for blockchain networks, particularly in addressing bottlenecks in current designs. A key debate involves the complexity of accurately identifying and managing non-dependent transactions without introducing security vulnerabilities or state inconsistencies. Future developments are concentrated on advanced scheduling algorithms and execution environments that can effectively parallelize transaction processing on a large scale.
The new SpeedyFair protocol totally decouples transaction ordering from BFT consensus, achieving higher performance and eliminating MEV-driven front-running.
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