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What is the difference between readonly and const fields?

Senior C#
Quick Answer const is a compile-time constant รขโ‚ฌโ€ must be assigned at declaration, implicitly static, value baked into caller assemblies. readonly is a runtime constant รขโ‚ฌโ€ can be set in the constructor, works with complex types, and avoids versioning issues since consumers always read the current value.

Answer

const: Compile-time constant; must be assigned at declaration and is implicitly static.

readonly: Runtime constant; can be assigned at declaration or inside the constructor and allows flexibility when values depend on runtime state.

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