What's the difference between event.stopPropagation and event.preventDefault?

Question

They seem to be doing the same thing... Is one modern and one old? Or are they supported by different browsers?

When I handle events myself (without framework) I just always check for both and execute both if present. (I also return false, but I have the feeling that doesn't work with events attached with node.addEventListener).

So why both? Should I keep checking for both? Or is there actually a difference?

(I know, a lot of questions, but they're all sort of the same =))