Channel bonding is differentiated from load balancing in that load balancing divides traffic between network interfaces on per network socket (OSI model layer 4) basis, while channel bonding implies a division of traffic between physical interfaces at a lower level, either per packet (OSI model Layer 3) or a data link (OSI model Layer 2) basis.

Open Systems Interconnection Model is when a layer serves the layer above it and is served by the layer below it.
For example, a layer that provides error-free communications across a network provides the path needed by applications above it, while it calls the next lower layer to send and receive packets that comprise the contents of that path.


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