The difference is that on the
foreach($featured as $key => $value){
echo $value['name'];
}
you are able to manipulate the value of each iteration's $key from their key-value pair. Like @djiango answered, if you are not manipulating each value's $key, the result of the loop will be exactly the same as
foreach($featured as $value) {
echo $value['name']
}
Source: You can read it from the PHP Documentation:
The first form loops over the array given by array_expression. On each iteration, the value >of the current element is assigned to $value and the internal array pointer is advanced by >one (so on the next iteration, you'll be looking at the next element).*
The second form will additionally assign the current element's key to the $key variable on >each iteration.
If the data you are manipulating is, say, arrays with custom keys, you could print them to screen like so:
$array = ("name" => "Paul", "age" => 23);
foreach($featured as $key => $value){
echo $key . "->" . $value;
}
Should print:
name->Paul
age->23
And you wouldn't be able to do that with a foreach($featured as $value) with the same ease. So consider the format above a convenient way to manipulate keys when needed.
Cheers