Definition: ASP.NET is a reworking of the original Active Server Pages technology that was introduced about ten years ago. It's Microsoft's web server technology, now based on the .NET framework and up to its 4th incarnation. Previous releases were 1.0, 1.1, 2.0 and now 3.5. Normally a web server delivers html pages. Web server technology like ASP.NET actually executes code on the server, code that can use databases and then outputs html to the browser. It also keeps the html and code in separate files so that designers can work on the look and feel and developers on the functionality without tripping each other up.
ASP.NET lets a developer create complex and sophisticated web server controls that speed up development of web sites. It's probably the most advanced web server development technology that currently exists and certainly the cheapest but it's not as easy to learn.
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The current release of ASP.NET, despite the increase in version number is a minor release that builds on the new technology unveiled in version 2.0.
