Enzymes are biocatalysts that accelerate reactions by providing alternative pathways with lower activation energy without altering the equilibrium of reactants and products. Various catalytic mechanisms such as acid-base, covalent, and metal ion catalysis contribute to their efficiency and specificity, with the stability of the transition state playing a crucial role in enhancing reaction rates. Additionally, inhibitors like proline analogs demonstrate the importance of transition state stabilization in enzymatic reactions.