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In this video, you will learn about OCR (Oracle Cluster Registry) and OLR (Oracle Local Registry). A cluster manages various resources across nodes, including database instances, scan listeners, and custom applications alongside virtual IPs. The OCR file can be stored in a shared file system or in ASM (Automatic Storage Management) starting from Oracle 11g Release 2. When a node starts, it needs to access the contents of the OCR file, which is where OLR comes into play. OLR is a node-specific registry that keeps track of local resources, enabling each node to access necessary information to manage its assigned resources effectively within the cluster.