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Processing multiple transactions simultaneously instead of one at a time.
Definition
Processing multiple transactions simultaneously instead of one at a time. Traditional blockchains are sequential, but chains like Solana, Sei, and Monad process non-conflicting transactions in parallel for much higher throughput. It's a key innovation for achieving the speed needed for mainstream adoption.
Related Terms
How many transactions a blockchain can process per second.
A blockchain's ability to handle increasing transaction volume without degrading performance or raising fees.
The part of a blockchain that processes transactions and runs smart contracts.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The Ethereum standard for account abstraction without changing the core protocol.
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