Online Transaction Processing — OLTP
Digital Currency Exchange” It’s a method of designing databases and programs to handle a large number of tiny transactions quickly and effectively. Order entry, stock management, financial transactions, and other mundane administrative duties are just some of the everyday operations that can be handled by an online transaction processing (OLTP) system.
OLTP systems are characterized by several key features:
- Transactional Nature: The primary emphasis of OLTP (Online Transaction Processing) systems is on effectively and efficiently managing individual transactions, which characterizes their “transactional nature.” In the present context, transactions pertain to distinct operational units executed on a database, encompassing operations such as the addition of a new record, modification of existing records, or removal of records. The following are few fundamental attributes that define the transactional nature of Online Transaction Processing (OLTP):
Atomicity: Transactions are considered atomic, indicating that they are seen as a singular and indivisible entity of operation. In the context of a transaction, it is a fundamental principle that either all modifications made within the transaction are successfully committed, or none of them are. The implementation of this mechanism guarantees the…