Cache memory is used to hold a copy of the data from the most frequently accessed memory locations to minimise calculation time. For example, a CPU's cache will hold this data so that it doesn't have to call data from the RAM for every calculation it makes, and merely draws from its local cache.
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The main function of cache memory is to speed up the working mechanism of computer. It lies between the main memory and CPU.
L3 cache
A cache is intended to speed things up. The larger the cache, the slower it performs. If it becomes slower to access the cache than the memory itself, it defeats the purpose of having a cache.
RAM and the memory cache
A Web cache is a temporary memory in your browser where temporary information about the web site you are visiting are stored. Information like login id, password, previous history of pages you visited etc would be stored in the cache...
cache is more expensive and it will increase the cost of the system terribly. processing of more than one cache will complicate the design of CPU and increase the burden on CPU.