To answer briefly - yes, it will affect the loading of your site if you have 100k users. But because of the sessions he will only , they will become part of the bottleneck.
It is easy to calculate the possible memory consumption, and in accordance with this you must decide how to scale your site. The scaling options are endless (well, of course, of course, there are many ways to scale programs, but there are many more).
If it happens that you attract a lot of users, most likely you can afford professional help when it comes to scaling your site.
If you are interested in knowing what these options are, then it is best to ask a question based on specific things that may bother you when deciding when and where bottlenecks might be.
In addition, you do not deploy sites with so many active users on one server using the default PHP configuration, especially the first session.
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