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What is the difference between private and shared assembly?

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beingchinmay:
Shared assembly is used by multiple application and should have a strong name. Private assembly is used inside an application   and they don’t require strong name.

Lishmalinyjames:
A private assembly is normally used by a single application and is stored in the application's directory, or a sub-directory beneath. A shared assembly is intended to be used by multiple applications and is normally stored in the Global Assembly Cache (GAC), which is a central repository for assemblies.

saravanan28:
A private assembly is normally used by a single application, and is stored in the application's directory, or a sub-directory beneath. A shared assembly is intended to be used by multiple applications, and is normally stored in the Global Assembly Cache (GAC), which is a central repository for assemblies.

Lishmalinyjames:
A private assembly is normally used by a single application, and is stored in the application's directory, or a sub-directory beneath. A shared assembly is intended to be used by multiple applications, and is normally stored in the Global Assembly Cache (GAC), which is a central repository for assemblies.

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