Well, the main purpose of this product, Varnish Cache, is to provide web acceleration. You can think of this as a reverse proxy service. When HTTP requests come into the hosting infrastructure, they pass through the varnish cache first. This infrastructure will attempt to respond to the requests using information stored in the cache instead of passing the request to the back-end system(s). How will this affect your site's performance? Hard to say because it depends on quantity of cachable content from your site. The more that this system caches, the better the performance.
JorgeM
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