I was browsing the internet and noticed, YouTube, for example, contains a URL like this to denote a video page: http://www.youtube.com/watch?v=gwS1tGLB0vc
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What you are seeing is an example of URL routing. Instead of pointing to a specific file (e.g. page.php), the server is using a routing table or configuration that directs the request to a handler that actually renders the html (or anything else depending on the mime type returned). If you notice, StackOverflow uses the same mechanism.