When running at the
serializable isolation level, a deferrable read-only SQL transaction may be delayed before it is allowed to proceed. However, once it begins executing it does not incur any of the overhead required to ensure serializability; so serialization code will have no reason to force it to abort because of concurrent updates, making this option suitable for long-running read-only transactions.
This parameter controls the default deferrable status of each new transaction. It currently has no effect on read-write transactions or those operating at isolation levels lower than
serializable. The default is
Consult sql-set-transaction for more information.