Database Links cabn be created as PUBLIC or PRIVATE.
create public database link "dblink name" connect to "target db user" identified by "target db user password" using 'sid';
create database link "dblink name" connect to "target db user" identified by "target db user password" using 'sid';
DB Links use Oracle Networking from the installed oracle home.
Public Database Links will be used before private DB Links.
usage:
select * from dual@dblink
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12 hours ago