Florian Pflug <f...@phlo.org> writes:
> The subtle point here is whether you consider the view from the "outside" (in 
> the sense of what a read-only transaction started at an arbitrary time can or 
> cannot observe), or from the "inside" (what updating transactions can observe 
> and might base their updates on).

> The former case is completely determined by the commit ordering of the 
> transactions, while the latter is not - otherwise serializability wouldn't be 
> such a hard problem.

BTW, doesn't all this logic fall in a heap as soon as you consider
read-committed transactions?

                        regards, tom lane

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