What is shared hosting and dedicated hosting?

With shared hosting one website shares all server resources with other customers. With dedicated hosting - sometimes called dedicated server or managed hosting - the customer gets an entire server which is not shared with anyone else. The customer has full control over the dedicated server (root access) and usually can choose a hosting plan regulated by his needs when it comes to hardware, operating system and things like this. Most hosting providers offer server administration as an add-on service.
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