How to Limit the Network Bandwidth Used by Applications in a Linux System with Trickle

Trickle is a network bandwidth shaper tool that allows us to manage the upload and download speeds of applications in order to prevent any single one of them to hog all (or most) of the available bandwidth. In few words, trickle lets you control the network traffic rate on a per-application basis, as opposed to per-user control, which is the classic example of bandwidth shaping in a client-server environment, and is probably the setup we are more familiar with.