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A virtual dedicated server (VDS) acts like a dedicated server in every way – while retaining the ease-of-use of virtual hosting. VDS costs far less than dedicated, but you get root access, your own mail server, your own IP number, and a lot more. It's the choice for serious developers, ecommerce sites, or any other Web business that's outgrown its shared hosting environment.
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That is written on Myriadnetwork.com's site.