Is there a difference or an effect between using http:// & https://

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Yes, my friend, there is a significant difference and effect between using "http://" versus "https://" in web addresses.

The "http://" (HyperText Transfer Protocol) prefix is the standard protocol used for transmitting data between web servers and clients, but it does not provide any encryption or security measures. This means that any data transmitted through an "http://" connection is vulnerable to being intercepted, decrypted, and potentially used or exploited by malicious actors.

On the other hand, the "https://" (HyperText Transfer Protocol Secure) prefix is an encrypted version of the standard HTTP protocol that provides additional security and privacy measures. When using "https://", data transmitted between the web server and the client is encrypted using a cryptographic protocol called Transport Layer Security (TLS), which makes it much harder for attackers to intercept and decrypt the data.

In practical terms, this means that when you use "https://" to access a website, your connections are secure and your data is protected from cyber attackers who might be trying to intercept it for malicious purposes. This is particularly important when transmitting sensitive information, such as login credentials, financial information and personal data, as "https://" can help to prevent hackers from stealing this information.

Overall, it is recommended to use "https://" whenever possible to ensure the security and privacy of your online data and transactions.