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What is an Auto-Negotiation (N-Way) function in relation to 10/100 ports?

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What is an Auto-Negotiation (N-Way) function in relation to 10/100 ports?

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Auto Negotiation is a mechanism designed for 10Base-T/100Base-TX/100Base-T4 connections that examines the incoming devices and configures the switch port to the proper speed (10Mbps or 100Mbps).

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