TemplateCompile=enabled|disabled
If you enable TemplateCompile eZ publish will convert your templates into executable PHP files. If this option is disabled eZ publish will interpret each template separately for each page.
eZ publish will compile the templates on demand. Once a template is compiled it takes less time to process. However, compiling templates takes a lot of time. This can be noticed after you have cleared the cache. If this is a problem for your site you can use the "bin/php/eztc.php" script to compile all your templates before you go live.
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