What is Cardano's 'Plutus Application Backend' (PAB)?

The Plutus Application Backend (PAB) is a set of components that enables developers to run and test Plutus applications off-chain. It provides crucial infrastructure for building the off-chain part of Plutus applications, managing wallets, handling requests, and maintaining application state. The PAB significantly simplifies the process of developing and deploying smart contracts on Cardano.

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