Application state is a data repository available to all classes in an ASP.NET application . Application state is stored in memory on the server and is faster than storing and retrieving information in a database.
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View state is the method that the ASP.NET page framework uses to preserve page and control values between round trips . When the HTML markup for the page is rendered, the current state of the page and values that must be retained during postback are serialized into base64-encoded strings.
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