Difference between Parameter & Quickfilter

Definitions:

Quick Filters:
We use the Quick Filters to include or exclude the members from the report.

Parameters:
Parameters are dynamic variables that can be used as placeholders in formulas.
And we can replace constant value by dynamic value

Differences:

1) We can implement Quick Filters on "Rows" only, it means implement on "Records".
where
Parameters can be used on Rows or Columns.

2) We can select More than 1 value at a time
where
Parameter allow us to pass max 1 Value at a time.

3) Parameter values not get updates automatically
where
Quick filter will get update as database updates.

4) We can call Parameters into Calculations, where we can't call Quick Filters into calculations.