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A repository that contains multiple packages or projects. Those projects can, but don't have to be related. Most famous monorepo pioneers are Google, Facebook and Twitter.Add Yours
Monorepo is split into many single-repos, e.g. Symfony/Symfony is split into Symfony/Console, Symfony/Validator etc. Each single-repo repository is read-only. You can change its code via pull-request to the monorepo.
Monolith ≠ monorepo. Monolith is huge amount of coupled code of 1 application that is hell to maintain.