Sendmail handles the overwhelming majority of emails transmitted over the Internet today. It is extremely popular across the Linux/UNIX/BSD world and is well supported. A commercial version is available that has a GUI interface for ease of configuration.
As well as being popular, Sendmail is particularly powerful compared to some of the other MTAs. However, it is not without its downsides, and you will find that other MTAs can handle more email per second in a larger environment. The other issue with Sendmail is that it can be extremely complicated to set it up exactly as you want it. A few books are available specifically for Sendmail, but the most popular one has more than a thousand pages, reflecting the complex nature of Sendmail configuration.
We can be thankful, however, that the default configuration for Sendmail works fine for most basic installations out of the box, making further configurations unnecessary. Even if you want to use it as a basic email server, you only need to do some minor tweaks. The level of complexity associated with Sendmail often leads to system administrators replacing it with one of the other alternatives that is easier to configure.
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