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Memcached was originally developed by Brad Fitzpatrick in 2003 for the LiveJournal website. Since then, Memcached has been rewritten in C (the original implementation was in Perl) and put in the public domain, where it has become a cornerstone of modern Web applications. Current development of Memcached is focused on stability and optimizations rather than adding new features

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Redis was created by Salvatore Sanfilippo in 2009, and Sanfilippo remains the lead developer of the project today. Redis is sometimes described as "Memcached on steroids," which is hardly surprising considering that parts of Redis were built in response to lessons learned from using Memcached. Redis has more features than Memcached and is, thus, more powerful and flexible.

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Why are Memcached and Redis so popular? Not only are they extremely effective, they're also relatively simple. Getting started with either Memcached or Redis is considered easy work for a developer. It takes only a few minutes to set up and get them working with an application. Thus, a small investment of time and effort can have an immediate, dramatic impact on performance -- usually by orders of magnitude. A simple solution with a huge benefit; that's as close to magic as you can get.