Asynchronous Execution Pipeline

Traditional blockchain systems process transactions in this order:

1. Receive transaction

2. Execute transaction

3. Update state

4. Confirm transaction

This sequential process creates unnecessary delays. Spicenet's asynchronous execution pipeline works differently:

Let's walk through what happens when you submit a trade:

1. Immediate Pre-confirmation (~1ms):

   • Your transaction is validated for basic correctness

   • You receive a pre-confirmation if it's valid

   • The sequencer starts preparing the batch

2. Parallel Processing:

   • While your transaction is being batched, the sequencer is simultaneously:

     • Executing previous transactions

     • Updating state from earlier batches

     • Processing new incoming transactions

3. Final Settlement (30-200ms):

   • Your transaction is included in a batch

   • The batch is posted to Celestia

   • Execution completes and state is updated

   • Full confirmation is achieved

This pipeline means traders can:

• Receive near-instant confirmation of their trades

• Chain multiple operations together quickly

• Achieve predictable execution times