This document discusses the role of links in SEO. It covers internal vs external links, PageRank, domain authority and page authority, dofollow vs nofollow links, types of traffic, what SEO and link building are, negative SEO and the disavow tool. Key points include how links pass "link juice" to increase page weights, the importance of having a diversified backlink profile from relevant sites for rankings, and how unnatural or fake links can hurt a site's performance.