Difference between Hashing a Password and Encrypting it

Question

The current top-voted to this question states:

Another one that\'s not so much a security issue, although it is security-related, is complete and abje

Answer 1

Ideally you should do both.

First Hash the pass password for the one way security. Use a salt for extra security.

Then encrypt the hash to defend against dictionary attacks if your database of password hashes is compromised.