Task execution in blockchain contexts refers to the process of a decentralized network or a smart contract carrying out a specific function or operation. This involves validating inputs, performing computations, and updating the state of the ledger according to predefined rules. It is the fundamental action through which transactions are processed and smart contract logic is applied. Reliable and efficient task execution is crucial for the functionality of any decentralized application.
Context
The efficiency and cost of task execution are central to discussions about blockchain scalability and transaction fees. News frequently highlights advancements in layer-2 solutions or new consensus mechanisms designed to optimize execution speed and reduce computational burden. Delays or high costs associated with task execution can significantly impact user experience and the viability of decentralized platforms.
Proof of Useful Intelligence (PoUI) is a hybrid consensus model blending useful AI computation with staking to secure the network while generating tangible value.
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