Difference between a View's Padding and Margin

Question

What is the difference between a View\'s Margin and Padding?

Answer 1

Sometimes you can achieve the same result by playing only with padding OR margin. Example :

Say View X contains view Y (aka : View Y is inside View X).

-View Y with Margin=30 OR View X with Padding=30 will achieve the same result: View Y will have an offset of 30.