The Cloud Services layer in Snowflake is responsible for managing the result cache. When a query is executed, the results are stored in this cache, and subsequent identical queries can leverage these cached results without re-executing the entire query1.

Explanation
By default, Snowflake allows users to connect to the service from any computer or device IP address. A security administrator (or higher) can create a network policy to allow or deny access to a single IP address or a list of addresses. Network policies currently support only Internet Protocol version 4 (i.e. IPv4) addresses.
An administrator with sufficient permissions can create any number of network policies.
https://docs.snowflake.com/en/user-guide/network-policies.html#:~:text=A%20security%20administrator%20(or

One of the key features of Snowflake's architecture is its unique approach to eliminating resource contention through the use of virtual warehouses. This is achieved by separating storage and compute resources, allowing multiple virtual warehouses to operate independently on the same data without affecting each other. This means that different workloads, such as loading data, running queries, or performing complex analytics, can be processed simultaneously without any performance degradation due to resource contention.
References:
* Snowflake Documentation on Virtual Warehouses
* SnowPro Core Certification Study Guide