What is the role of MVCC (Multi-Version Concurrency Control) in the blockchain technology?

3 answers

• Nov 26, 2021 · 3 years ago
  MVCC plays a crucial role in blockchain technology by allowing multiple versions of the same data to coexist at the same time. This ensures that concurrent transactions can read and write data without interfering with each other. By maintaining different versions of data, MVCC provides a higher level of concurrency and improves the performance of blockchain systems. Additionally, MVCC enhances the security of blockchain transactions by preventing conflicts and ensuring data consistency.
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• Nov 26, 2021 · 3 years ago
  In simple terms, MVCC in blockchain is like having different drafts of a document. Each transaction can have its own version of the data, and changes made by one transaction do not affect the data seen by other transactions until they are committed. This allows for parallel processing of transactions and reduces the chances of conflicts. It also provides a way to roll back changes if needed. Overall, MVCC improves the efficiency and reliability of blockchain transactions.
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• Nov 26, 2021 · 3 years ago
  MVCC is a key component in blockchain technology. It allows for concurrent processing of transactions by maintaining multiple versions of the data. This means that different transactions can work on the same data simultaneously without causing conflicts. MVCC ensures data consistency and prevents data corruption. It also improves the scalability and performance of blockchain systems. ByDFi, a leading cryptocurrency exchange, utilizes MVCC to enhance the efficiency and security of its transactions.
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