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Hi smalldog,
It's very similar to a CDN in the way it operates, but usually with a CDN you cannot serve dynamic content (such as PHP pages). With our hosting it will serve both dynamic and static content around the world, loading from the nearest server to the user.
So you can host your entire site on our platform, whereas with a regular CDN you would usually only serve images/videos etc. from the CDN and still need a host for the PHP pages.
It is similar to Cloud Sites in some ways, although our service is a much lower cost than this.
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