1. The document discusses asynchronous processors, which are processors without a central clock. Asynchronous processors have no clock to coordinate data flow through the pipeline. 2. Some advantages of asynchronous processors are better power efficiency, higher performance as components can run at different speeds, and reduced electromagnetic interference. Asynchronous processors can also be easier to design. 3. The document provides a brief history of asynchronous processors and concludes that asynchronous design is competitive with synchronous design in power efficiency and performance.