diff --git a/codex/codex.nim b/codex/codex.nim
index eb2b26e4..2e319b9e 100644
--- a/codex/codex.nim
+++ b/codex/codex.nim
@@ -11,6 +11,7 @@ import std/sequtils
 import std/strutils
 import std/os
 import std/tables
+import std/cpuinfo
 
 import pkg/chronos
 import pkg/presto
@@ -24,6 +25,7 @@ import pkg/datastore
 import pkg/ethers except Rng
 import pkg/stew/io2
 import pkg/questionable
+import pkg/taskpools
 
 import ./node
 import ./conf
@@ -54,6 +56,7 @@ type
     codexNode: CodexNodeRef
     repoStore: RepoStore
     maintenance: BlockMaintainer
+    taskpool: Taskpool
 
   CodexPrivateKey* = libp2p.PrivateKey # alias
   EthWallet = ethers.Wallet
@@ -188,6 +191,10 @@ proc start*(s: CodexServer) {.async.} =
 proc stop*(s: CodexServer) {.async.} =
   notice "Stopping codex node"
 
+
+  s.taskpool.syncAll()
+  s.taskpool.shutdown()
+
   await allFuturesThrowing(
     s.restServer.stop(),
     s.codexNode.switch.stop(),
@@ -275,12 +282,15 @@ proc new*(
     else:
       none Prover
 
+    taskpool = Taskpool.new(num_threads = countProcessors())
+
     codexNode = CodexNodeRef.new(
       switch = switch,
       networkStore = store,
       engine = engine,
       prover = prover,
-      discovery = discovery)
+      discovery = discovery,
+      taskpool = taskpool)
 
     restServer = RestServerRef.new(
       codexNode.initRestApi(config, repoStore),
@@ -296,4 +306,5 @@ proc new*(
     codexNode: codexNode,
     restServer: restServer,
     repoStore: repoStore,
-    maintenance: maintenance)
+    maintenance: maintenance,
+    taskpool: taskpool)
diff --git a/codex/erasure/asyncbackend.nim b/codex/erasure/asyncbackend.nim
new file mode 100644
index 00000000..f3bca851
--- /dev/null
+++ b/codex/erasure/asyncbackend.nim
@@ -0,0 +1,211 @@
+## Nim-Codex
+## Copyright (c) 2024 Status Research & Development GmbH
+## Licensed under either of
+##  * Apache License, version 2.0, ([LICENSE-APACHE](LICENSE-APACHE))
+##  * MIT license ([LICENSE-MIT](LICENSE-MIT))
+## at your option.
+## This file may not be copied, modified, or distributed except according to
+## those terms.
+
+import std/sequtils
+
+import pkg/taskpools
+import pkg/taskpools/flowvars
+import pkg/chronos
+import pkg/chronos/threadsync
+import pkg/questionable/results
+
+import ./backend
+import ../errors
+import ../logutils
+
+logScope:
+  topics = "codex asyncerasure"
+
+const
+  CompletitionTimeout = 1.seconds # Maximum await time for completition after receiving a signal
+  CompletitionRetryDelay = 10.millis
+
+type
+  EncoderBackendPtr = ptr EncoderBackend
+  DecoderBackendPtr = ptr DecoderBackend
+
+  # Args objects are missing seq[seq[byte]] field, to avoid unnecessary data copy
+  EncodeTaskArgs = object
+    signal: ThreadSignalPtr
+    backend: EncoderBackendPtr
+    blockSize: int
+    ecM: int
+
+  DecodeTaskArgs = object
+    signal: ThreadSignalPtr
+    backend: DecoderBackendPtr
+    blockSize: int
+    ecK: int
+
+  SharedArrayHolder*[T] = object
+    data: ptr UncheckedArray[T]
+    size: int
+
+  EncodeTaskResult = Result[SharedArrayHolder[byte], cstring]
+  DecodeTaskResult = Result[SharedArrayHolder[byte], cstring]
+
+proc encodeTask(args: EncodeTaskArgs, data: seq[seq[byte]]): EncodeTaskResult =
+  var
+    data = data.unsafeAddr
+    parity = newSeqWith[seq[byte]](args.ecM, newSeq[byte](args.blockSize))
+
+  try:
+    let res = args.backend[].encode(data[], parity)
+
+    if res.isOk:
+      let
+        resDataSize = parity.len * args.blockSize
+        resData = cast[ptr UncheckedArray[byte]](allocShared0(resDataSize))
+        arrHolder = SharedArrayHolder[byte](
+          data: resData,
+          size: resDataSize
+        )
+
+      for i in 0..<parity.len:
+        copyMem(addr resData[i * args.blockSize], addr parity[i][0], args.blockSize)
+
+      return ok(arrHolder)
+    else:
+      return err(res.error)
+  except CatchableError as exception:
+    return err(exception.msg.cstring)
+  finally:
+    if err =? args.signal.fireSync().mapFailure.errorOption():
+      error "Error firing signal", msg = err.msg
+
+proc decodeTask(args: DecodeTaskArgs, data: seq[seq[byte]], parity: seq[seq[byte]]): DecodeTaskResult =
+  var
+    data = data.unsafeAddr
+    parity = parity.unsafeAddr
+    recovered = newSeqWith[seq[byte]](args.ecK, newSeq[byte](args.blockSize))
+
+  try:
+    let res = args.backend[].decode(data[], parity[], recovered)
+
+    if res.isOk:
+      let
+        resDataSize = recovered.len * args.blockSize
+        resData = cast[ptr UncheckedArray[byte]](allocShared0(resDataSize))
+        arrHolder = SharedArrayHolder[byte](
+          data: resData,
+          size: resDataSize
+        )
+
+      for i in 0..<recovered.len:
+        copyMem(addr resData[i * args.blockSize], addr recovered[i][0], args.blockSize)
+
+      return ok(arrHolder)
+    else:
+      return err(res.error)
+  except CatchableError as exception:
+    return err(exception.msg.cstring)
+  finally:
+    if err =? args.signal.fireSync().mapFailure.errorOption():
+      error "Error firing signal", msg = err.msg
+
+proc proxySpawnEncodeTask(
+  tp: Taskpool,
+  args: EncodeTaskArgs,
+  data: ref seq[seq[byte]]
+): Flowvar[EncodeTaskResult] =
+  tp.spawn encodeTask(args, data[])
+
+proc proxySpawnDecodeTask(
+  tp: Taskpool,
+  args: DecodeTaskArgs,
+  data: ref seq[seq[byte]],
+  parity: ref seq[seq[byte]]
+): Flowvar[DecodeTaskResult] =
+  tp.spawn decodeTask(args, data[], parity[])
+
+proc awaitResult[T](signal: ThreadSignalPtr, handle: Flowvar[T]): Future[?!T] {.async.} =
+  await wait(signal)
+
+  var
+    res: T
+    awaitTotal: Duration
+  while awaitTotal < CompletitionTimeout:
+      if handle.tryComplete(res):
+        return success(res)
+      else:
+        awaitTotal += CompletitionRetryDelay
+        await sleepAsync(CompletitionRetryDelay)
+
+  return failure("Task signaled finish but didn't return any result within " & $CompletitionRetryDelay)
+
+proc asyncEncode*(
+  tp: Taskpool,
+  backend: EncoderBackend,
+  data: ref seq[seq[byte]],
+  blockSize: int,
+  ecM: int
+): Future[?!ref seq[seq[byte]]] {.async.} =
+  without signal =? ThreadSignalPtr.new().mapFailure, err:
+    return failure(err)
+
+  try:
+    let
+      blockSize = data[0].len
+      args = EncodeTaskArgs(signal: signal, backend: unsafeAddr backend, blockSize: blockSize, ecM: ecM)
+      handle = proxySpawnEncodeTask(tp, args, data)
+
+    without res =? await awaitResult(signal, handle), err:
+      return failure(err)
+
+    if res.isOk:
+      var parity = seq[seq[byte]].new()
+      parity[].setLen(ecM)
+
+      for i in 0..<parity[].len:
+        parity[i] = newSeq[byte](blockSize)
+        copyMem(addr parity[i][0], addr res.value.data[i * blockSize], blockSize)
+
+      deallocShared(res.value.data)
+
+      return success(parity)
+    else:
+      return failure($res.error)
+  finally:
+    if err =? signal.close().mapFailure.errorOption():
+      error "Error closing signal", msg = $err.msg
+
+proc asyncDecode*(
+  tp: Taskpool,
+  backend: DecoderBackend,
+  data, parity: ref seq[seq[byte]],
+  blockSize: int
+): Future[?!ref seq[seq[byte]]] {.async.} =
+  without signal =? ThreadSignalPtr.new().mapFailure, err:
+    return failure(err)
+
+  try:
+    let
+      ecK = data[].len
+      args = DecodeTaskArgs(signal: signal, backend: unsafeAddr backend, blockSize: blockSize, ecK: ecK)
+      handle = proxySpawnDecodeTask(tp, args, data, parity)
+
+    without res =? await awaitResult(signal, handle), err:
+      return failure(err)
+
+    if res.isOk:
+      var recovered = seq[seq[byte]].new()
+      recovered[].setLen(ecK)
+
+      for i in 0..<recovered[].len:
+        recovered[i] = newSeq[byte](blockSize)
+        copyMem(addr recovered[i][0], addr res.value.data[i * blockSize], blockSize)
+
+      deallocShared(res.value.data)
+
+      return success(recovered)
+    else:
+      return failure($res.error)
+  finally:
+    if err =? signal.close().mapFailure.errorOption():
+      error "Error closing signal", msg = $err.msg
diff --git a/codex/erasure/erasure.nim b/codex/erasure/erasure.nim
index b03cfedd..358a2812 100644
--- a/codex/erasure/erasure.nim
+++ b/codex/erasure/erasure.nim
@@ -17,6 +17,7 @@ import std/sugar
 import pkg/chronos
 import pkg/libp2p/[multicodec, cid, multihash]
 import pkg/libp2p/protobuf/minprotobuf
+import pkg/taskpools
 
 import ../logutils
 import ../manifest
@@ -30,6 +31,7 @@ import ../indexingstrategy
 import pkg/stew/byteutils
 
 import ./backend
+import ./asyncbackend
 
 export backend
 
@@ -70,6 +72,7 @@ type
     encoderProvider*: EncoderProvider
     decoderProvider*: DecoderProvider
     store*: BlockStore
+    taskpool: Taskpool
 
   EncodingParams = object
     ecK: Natural
@@ -282,30 +285,23 @@ proc encodeData(
       # TODO: Don't allocate a new seq every time, allocate once and zero out
       var
         data = seq[seq[byte]].new() # number of blocks to encode
-        parityData = newSeqWith[seq[byte]](params.ecM, newSeq[byte](manifest.blockSize.int))
 
       data[].setLen(params.ecK)
-      # TODO: this is a tight blocking loop so we sleep here to allow
-      # other events to be processed, this should be addressed
-      # by threading
-      await sleepAsync(10.millis)
 
       without resolved =?
         (await self.prepareEncodingData(manifest, params, step, data, cids, emptyBlock)), err:
           trace "Unable to prepare data", error = err.msg
           return failure(err)
 
-      trace "Erasure coding data", data = data[].len, parity = parityData.len
+      trace "Erasure coding data", data = data[].len, parity = params.ecM
 
-      if (
-        let res = encoder.encode(data[], parityData);
-        res.isErr):
-        trace "Unable to encode manifest!", error = $res.error
-        return failure($res.error)
+      without parity =? await asyncEncode(self.taskpool, encoder, data, manifest.blockSize.int, params.ecM), err:
+        trace "Error encoding data", err = err.msg
+        return failure(err)
 
       var idx = params.rounded + step
       for j in 0..<params.ecM:
-        without blk =? bt.Block.new(parityData[j]), error:
+        without blk =? bt.Block.new(parity[j]), error:
           trace "Unable to create parity block", err = error.msg
           return failure(error)
 
@@ -390,21 +386,15 @@ proc decode*(
   cids[].setLen(encoded.blocksCount)
   try:
     for step in 0..<encoded.steps:
-      # TODO: this is a tight blocking loop so we sleep here to allow
-      # other events to be processed, this should be addressed
-      # by threading
-      await sleepAsync(10.millis)
-
       var
         data = seq[seq[byte]].new()
-        parityData = seq[seq[byte]].new()
-        recovered = newSeqWith[seq[byte]](encoded.ecK, newSeq[byte](encoded.blockSize.int))
+        parity = seq[seq[byte]].new()
 
-      data[].setLen(encoded.ecK)        # set len to K
-      parityData[].setLen(encoded.ecM)  # set len to M
+      data[].setLen(encoded.ecK)    # set len to K
+      parity[].setLen(encoded.ecM)  # set len to M
 
       without (dataPieces, _) =?
-        (await self.prepareDecodingData(encoded, step, data, parityData, cids, emptyBlock)), err:
+        (await self.prepareDecodingData(encoded, step, data, parity, cids, emptyBlock)), err:
         trace "Unable to prepare data", error = err.msg
         return failure(err)
 
@@ -413,11 +403,10 @@ proc decode*(
         continue
 
       trace "Erasure decoding data"
-      if (
-        let err = decoder.decode(data[], parityData[], recovered);
-        err.isErr):
-        trace "Unable to decode data!", err = $err.error
-        return failure($err.error)
+
+      without recovered =? await asyncDecode(self.taskpool, decoder, data, parity, encoded.blockSize.int), err:
+        trace "Error decoding data", err = err.msg
+        return failure(err)
 
       for i in 0..<encoded.ecK:
         let idx = i * encoded.steps + step
@@ -472,10 +461,13 @@ proc new*(
   T: type Erasure,
   store: BlockStore,
   encoderProvider: EncoderProvider,
-  decoderProvider: DecoderProvider): Erasure =
+  decoderProvider: DecoderProvider,
+  taskpool: Taskpool): Erasure =
   ## Create a new Erasure instance for encoding and decoding manifests
+  ##
 
   Erasure(
     store: store,
     encoderProvider: encoderProvider,
-    decoderProvider: decoderProvider)
+    decoderProvider: decoderProvider,
+    taskpool: taskpool)
diff --git a/codex/node.nim b/codex/node.nim
index a171db4e..bd7d4502 100644
--- a/codex/node.nim
+++ b/codex/node.nim
@@ -13,6 +13,7 @@ import std/options
 import std/sequtils
 import std/strformat
 import std/sugar
+import std/cpuinfo
 
 import pkg/questionable
 import pkg/questionable/results
@@ -25,6 +26,7 @@ import pkg/libp2p/stream/bufferstream
 # TODO: remove once exported by libp2p
 import pkg/libp2p/routing_record
 import pkg/libp2p/signed_envelope
+import pkg/taskpools
 
 import ./chunker
 import ./slots
@@ -69,6 +71,7 @@ type
     contracts*: Contracts
     clock*: Clock
     storage*: Contracts
+    taskpool*: Taskpool
 
   CodexNodeRef* = ref CodexNode
 
@@ -253,7 +256,8 @@ proc streamEntireDataset(
           erasure = Erasure.new(
             self.networkStore,
             leoEncoderProvider,
-            leoDecoderProvider)
+            leoDecoderProvider,
+            self.taskpool)
         without _ =? (await erasure.decode(manifest)), error:
           trace "Unable to erasure decode manifest", manifestCid, exc = error.msg
       except CatchableError as exc:
@@ -420,7 +424,8 @@ proc setupRequest(
     erasure = Erasure.new(
       self.networkStore.localStore,
       leoEncoderProvider,
-      leoDecoderProvider)
+      leoDecoderProvider,
+      self.taskpool)
 
   without encoded =? (await erasure.encode(manifest, ecK, ecM)), error:
     trace "Unable to erasure code dataset"
@@ -748,7 +753,8 @@ proc new*(
   engine: BlockExcEngine,
   discovery: Discovery,
   prover = Prover.none,
-  contracts = Contracts.default): CodexNodeRef =
+  contracts = Contracts.default,
+  taskpool = Taskpool.new(num_threads = countProcessors())): CodexNodeRef =
   ## Create new instance of a Codex self, call `start` to run it
   ##
 
@@ -758,4 +764,5 @@ proc new*(
     engine: engine,
     prover: prover,
     discovery: discovery,
-    contracts: contracts)
+    contracts: contracts,
+    taskpool: taskpool)
diff --git a/tests/codex/node/helpers.nim b/tests/codex/node/helpers.nim
index bc9e02c7..0eec414a 100644
--- a/tests/codex/node/helpers.nim
+++ b/tests/codex/node/helpers.nim
@@ -1,8 +1,10 @@
 import std/tables
 import std/times
+import std/cpuinfo
 
 import pkg/libp2p
 import pkg/chronos
+import pkg/taskpools
 
 import pkg/codex/codextypes
 import pkg/codex/chunker
@@ -81,6 +83,7 @@ template setupAndTearDown*() {.dirty.} =
     peerStore: PeerCtxStore
     pendingBlocks: PendingBlocksManager
     discovery: DiscoveryEngine
+    taskpool: Taskpool
 
   let
     path = currentSourcePath().parentDir
@@ -107,12 +110,14 @@ template setupAndTearDown*() {.dirty.} =
     discovery = DiscoveryEngine.new(localStore, peerStore, network, blockDiscovery, pendingBlocks)
     engine = BlockExcEngine.new(localStore, wallet, network, discovery, peerStore, pendingBlocks)
     store = NetworkStore.new(engine, localStore)
+    taskpool = Taskpool.new(num_threads = countProcessors())
     node = CodexNodeRef.new(
       switch = switch,
       networkStore = store,
       engine = engine,
       prover = Prover.none,
-      discovery = blockDiscovery)
+      discovery = blockDiscovery,
+      taskpool = taskpool)
 
     await node.start()
 
diff --git a/tests/codex/node/testcontracts.nim b/tests/codex/node/testcontracts.nim
index 6d54ca19..e30d4138 100644
--- a/tests/codex/node/testcontracts.nim
+++ b/tests/codex/node/testcontracts.nim
@@ -4,6 +4,7 @@ import std/math
 import std/times
 import std/sequtils
 import std/importutils
+import std/cpuinfo
 
 import pkg/chronos
 import pkg/stew/byteutils
@@ -13,6 +14,7 @@ import pkg/questionable/results
 import pkg/stint
 import pkg/poseidon2
 import pkg/poseidon2/io
+import pkg/taskpools
 
 import pkg/nitro
 import pkg/codexdht/discv5/protocol as discv5
@@ -78,7 +80,7 @@ asyncchecksuite "Test Node - Host contracts":
       manifestBlock = bt.Block.new(
         manifest.encode().tryGet(),
         codec = ManifestCodec).tryGet()
-      erasure = Erasure.new(store, leoEncoderProvider, leoDecoderProvider)
+      erasure = Erasure.new(store, leoEncoderProvider, leoDecoderProvider, taskpool)
 
     manifestCid = manifestBlock.cid
     manifestCidStr = $(manifestCid)
diff --git a/tests/codex/node/testnode.nim b/tests/codex/node/testnode.nim
index 2ca1dd90..fd0e0fa9 100644
--- a/tests/codex/node/testnode.nim
+++ b/tests/codex/node/testnode.nim
@@ -4,6 +4,7 @@ import std/math
 import std/times
 import std/sequtils
 import std/importutils
+import std/cpuinfo
 
 import pkg/chronos
 import pkg/stew/byteutils
@@ -13,6 +14,7 @@ import pkg/questionable/results
 import pkg/stint
 import pkg/poseidon2
 import pkg/poseidon2/io
+import pkg/taskpools
 
 import pkg/nitro
 import pkg/codexdht/discv5/protocol as discv5
@@ -135,7 +137,7 @@ asyncchecksuite "Test Node - Basic":
 
   test "Setup purchase request":
     let
-      erasure = Erasure.new(store, leoEncoderProvider, leoDecoderProvider)
+      erasure = Erasure.new(store, leoEncoderProvider, leoDecoderProvider, taskpool)
       manifest = await storeDataGetManifest(localStore, chunker)
       manifestBlock = bt.Block.new(
         manifest.encode().tryGet(),
diff --git a/tests/codex/testerasure.nim b/tests/codex/testerasure.nim
index 27775180..39ecca88 100644
--- a/tests/codex/testerasure.nim
+++ b/tests/codex/testerasure.nim
@@ -1,5 +1,6 @@
 import std/sequtils
 import std/sugar
+import std/cpuinfo
 
 import pkg/chronos
 import pkg/datastore
@@ -12,6 +13,7 @@ import pkg/codex/blocktype as bt
 import pkg/codex/rng
 import pkg/codex/utils
 import pkg/codex/indexingstrategy
+import pkg/taskpools
 
 import ../asynctest
 import ./helpers
@@ -25,6 +27,7 @@ suite "Erasure encode/decode":
   var manifest: Manifest
   var store: BlockStore
   var erasure: Erasure
+  var taskpool: Taskpool
 
   setup:
     let
@@ -33,7 +36,8 @@ suite "Erasure encode/decode":
     rng = Rng.instance()
     chunker = RandomChunker.new(rng, size = dataSetSize, chunkSize = BlockSize)
     store = RepoStore.new(repoDs, metaDs)
-    erasure = Erasure.new(store, leoEncoderProvider, leoDecoderProvider)
+    taskpool = Taskpool.new(num_threads = countProcessors())
+    erasure = Erasure.new(store, leoEncoderProvider, leoDecoderProvider, taskpool)
     manifest = await storeDataGetManifest(store, chunker)
 
   proc encode(buffers, parity: int): Future[Manifest] {.async.} =