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Multi-core and many-core systems are the norm in contemporary processor technol-ogy and are expected to remain so for the foreseeable future. Parallel programming is, thus, here to stay and programmers have to endorse it if they are to exploit such systems for their applications. Programs using parallel programming primitives like PThreads or OpenMP often exploit coarse-grain parallelism, because it offers a good trade-off between programming effort versus performance gain. Some parallel ap-plications show limited or no scaling beyond a number of cores. Given the abundant number of cores expected in future many-cores, several cores would remain idle in such cases while execution performance stagnates. This thesis proposes using cores that do not contribute to performance improvement for running implicit fine-grain speculative threads. In particular, we present a many-core architecture and protocols that allow applications with coarse-grain explicit parallelism to further exploit implicit specula-tive parallelism within each thread. We show that complementing parallel programs with implicit speculative mechanisms offers significant performance improvements fo