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An in-depth exploration of transactions and concurrency control, essential concepts in database management systems. It explains the acid properties, transaction states, and concurrency control techniques such as lock-based, timestamp-based, and multiversion concurrency control. The document also covers conflict resolution mechanisms and deadlock detection and resolution strategies. With practical examples, it demonstrates how these concepts can be applied in a banking system context to ensure data integrity and consistency in multi-user environments.
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Introduction to Transactions: A transaction is a logical unit of work that consists of one or more database operations. It is an essential concept in database management systems (DBMS) to ensure data integrity and consistency. Transactions follow the ACID properties: