Dictionary is a generic type and returns an error if you try to find a key which is not there. The Dictionary collection is faster than Hashtable because there is no boxing and unboxing.
A dictionary is a data structure that maps keys to values. A hash table is a data structure that maps keys to values by taking the hash value of the key (by applying some hash function to it) and mapping that to a bucket where one or more values are stored.
Hashtable and Dictionary are collection of data structures to hold data as key-value pairs. Dictionary is generic type, hash table is not a generic type. The Hashtable is a weakly typed data structure, so you can add keys and values of any Object Type to the Hashtable.
System.Collections.Generic.Dictionary<TKey, TValue> and System.Collections.Hashtable classes both maintain a hash table data structure internally. None of them guarantee preserving the order of items.
Leaving boxing/unboxing issues aside, most of the time, they should have very similar performance.
The primary structural difference between them is that Dictionary relies on chaining (maintaining a list of items for each hash table bucket) to resolve collisions whereas Hashtable uses rehashing for collision resolution (when a collision occurs, tries another hash function to map the key to a bucket).
There is little benefit to use Hashtable class if you are targeting for .NET Framework 2.0+. It's effectively rendered obsolete by Dictionary<TKey, TValue>.
I guess it doesn't mean anything to you now. But just for reference for people stopping by
Performance Test - SortedList vs. SortedDictionary vs. Dictionary vs. Hashtable
Memory allocation:

Time used for inserting:

Time for searching an item:

Dictionary:
Hashtable:
Another important difference is that the Hashtable type supports lock-free multiple readers and a single writer at the same time, while Dictionary does not.
MSDN Article: "The
Dictionary<TKey, TValue>class has the same functionality as theHashtableclass. ADictionary<TKey, TValue>of a specific type (other thanObject) has better performance than aHashtablefor value types because the elements ofHashtableare of typeObjectand, therefore, boxing and unboxing typically occur if storing or retrieving a value type".
Link: http://msdn.microsoft.com/en-us/library/4yh14awz(v=vs.90).aspx
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