What is 'Simulation Distance' in Minecraft & What to set it to?

When creating a world in Minecraft Bedrock Edition, or changing your video settings in Java Edition, you may have noticed a setting named
When creating a world in Minecraft Bedrock Edition, or changing your video settings in Java Edition, you may have noticed a setting named Simulation Distance. If you're wondering what is Simulat

Caves & Cliffs: Part II out today on Java

Minecraft Instance Configuration Options

MCPE-78840] Instant despawn radius for simulation distance = 4 is too short - Jira

What is simulation distance in Minecraft?

Bedrock players, could anyone tell me what does this Simulation Distance changes in the world creation? : r/Minecraft

MC-243216] Chunk render distance on servers seems shorter than in 1.17.1 - Jira

View/render distance and fog – Aternos

Minecraft: How to play with friends on other platforms using cross-play - Polygon

View Distance and Simulation Distance in Minecraft