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The Valve docs there are very well written. It was the first time I really understood all the concepts too.

Overview of Source engine networking: https://developer.valvesoftware.com/wiki/Source_Multiplayer_...

Ways they combat latency: https://developer.valvesoftware.com/wiki/Latency_Compensatin...

Lag compensation (server): https://developer.valvesoftware.com/wiki/Lag_compensation

Prediction (client): https://developer.valvesoftware.com/wiki/Prediction

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