Black holes and wormholes differ fundamentally in their properties and implications in physics. Black holes are solutions to general relativity formed from ordinary matter, while wormholes theoretically connect different regions of spacetime and require exotic matter to remain stable. There are two types of wormholes: traversable, which can potentially allow passage, and nontraversable, which lead to singularities where no escape is possible. The concept of exotic matter, which has unusual properties like negative mass, is crucial for the existence of traversable wormholes. Understanding these distinctions enhances comprehension of complex astrophysical phenomena.