Virtual Private Server - VPS...
Virtual private servers or Virtual dedicated servers are a form of virtualization
that split a single physical server into multiple virtual servers. The practice
of partitioning a single server so that it appears as multiple servers has
long been common practice in mainframe computers.
...They allow root-level access to individual clients without requiring
physically dedicated servers. They are most widely used by businesses and
individuals that need a customized solution that cannot be filled in a shared
hosting environment.
source: From Wikipedia, the free encyclopedia
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