  We investigate the performance of majority-logic decoding in both reversible
and finite-time information erasure processes performed on macroscopic bits
that contain $N$ microscopic binary units. While we show that for reversible
erasure protocols single-unit transformations are more efficient than
majority-logic decoding, the latter is found to offer several benefits for
finite-time erasure processes: Both the minimal erasure duration for a given
erasure and the minimal erasure error for a given erasure duration are reduced,
if compared to a single unit. Remarkably, the majority-logic decoding is also
more efficient in both the small erasure error and fast erasure region. These
benefits are also preserved under the optimal erasure protocol that minimizes
the dissipated heat. Our work therefore shows that majority-logic decoding can
lift the precision-speed-efficiency trade-off in information erasure processes.
