Asking for easier and more comprehensive explanation about what LineRate application proxsy software is Sir!!!

while just browsing i think i can answer a few of your questions, but for me this is new stuff also. i feel you should contact your local SE for F5, they can probably explain it better or point you to some from F5 who can. or use their contact page https://linerate.f5.com/help/contact

my feeling on the solution:

1) it seems to be a platform in the whole SDN world were you don't only route traffic based on IP and such, but based on application.

2) it seems to be software which can be run on any x86 hardware, you can download and try it from the website. installable on hypervisor or bare metal.

there even is a manual: https://docs.lineratesystems.com/200Release_2.0/100Getting_Started_Guide

3) it seems to be a flexible system which can managed / connected from different sides with an open API and it incorporates node.js.

4) cant find anything on this, it seems to be quite seperate from F5 current, so probably not (yet).