What are the Performance and Scalability characteristics of MySQL?

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MySQL has a unique storage engine architecture that makes it adaptable to most 
										servers. MySQL meets the expectations of the most common applications, i.e. to 
										run millions of transactions. Features like strong memory cache, indexing etc 
										adds to the performance.and 
MySQL being open source allows customization which allows users to add 
								their own requirements. MySQL also supports large number of embedded 
								applications. These features add to the scalability characteristic.

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What are the Performance and Scalability characteristics of MySQL?

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