What does double slash // in `cd //` mean in Linux?

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I've entered a command cd // instead of cd / by mistake and instead of getting an error as I'd expect the shell (Bash) showed a prompt as if I'm in the // directory:-

<username>@<hostname>://$
<username>@<hostname>://$ pwd
//

Listing the content of the directory shows that it is the same as /.

So what exactly cd // do and what's the difference from cd /?

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