It's basically a network of web 2.0 sites such as Blogger, Weebly, Squidoo, Hubpages, etc that are all interlinked, and all link to your main website for maximum link juice.
yup,linkwheel is a set of more than 3 blog posts.In which you pt a link to your site and another link to connect other posts in a ring mechanism...
Its a kind of interlinking. done with your creations like blogs or even if you have multiple websites.
not for one site, linkwheel is for several sites(i thinks at least 6 different sites) link like a ring,and each links to your main site
One great way to get a ton of traffic to your websites is to build a link wheel. Link wheel is the process of creating (sometimes up to 116) new blogs/microsites on a particular topic. Website 1 links to Website2 Website 2 links to Website 3 Website 3 links to...(lots and lots of websites and then) Website116 Website 116 links back to Website 1 Every site gets a one-way link. If there are enough sites in the wheel, and if the wheel is manipulated carefully, you can build dozens of links to your site.