Condenser microphones are the most common types of microphones you'll find in studios. They have a much greater frequency response and transient response. They require the use of a power supply, generally 48 volt "phantom power". Dynamic microphones are much more rugged. Dynamic microphones legendary for not only their good sound quality, but the amount of abuse they can withstand. Dynamic microphones don't require their own power supply like condenser microphones. Their sound quality is generally not as accurate, however. Most dynamic microphones have a limited frequency response, which makes them well-suited, along with their ability to withstand high sound pressure levels, for loud guitar amps, live vocals, and drums.