What is "ReplicatedScriptService"? and what is used for?

Hello Developers,

I had found “ReplicatedScriptService” in “Service” section of Studio.

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I don’t know anything about it, I tried to find info about it on DevForum, and Developer website, however I found nothing.

I also found this, is this a feature from this list?

What is it? and what is used for?

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