Prototype in JavaScript

Hello guys, can someone explain roughly about what prototype is in JavaScript please; I just had a look at it, from what I've understood, prototype deals with about what properties/methods are inherited from the class/constructor our object is being instantiated of.

But I'm having a bit of difficulties to understood the diagram... can someone explain it please... also, was that correct to say that we can create an instance of an object using a constructor?
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