Linked lists are a linear data structure where each element (called a node) contains data and a pointer to the next node. This allows for efficient traversal and insertion/deletion throughout the list. A singly linked list is the simplest type, where each node only points to the next node and the last node points to NULL. Common operations on linked lists include traversing the entire list using a single pointer, searching for a node by its data, and inserting/deleting nodes from the beginning, end, or after a specified node.
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