Which statement accurately describes isolation in the context of database transactions?

1
Isolated transactions are always serialized, occurring in a distinct order without any parallel transactions
2
Reads and writes in isolated transactions can impact other transactions occurring simultaneously in the same database.
3
 Isolation ensures that transactions can freely read and write to the same place without any impact.
4
The optimistic transaction schema guarantees that transactions hitting the same place twice will not be aborted or retried.

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