Is Parchment Paper the Same as Wax Paper?

Is Parchment Paper the Same as Wax Paper?

If you're standing in your kitchen right now wondering if you can substitute one for the other, you need to sit down and read this..
If you're standing in your kitchen right now wondering if you can substitute one for the other, you need to sit down and read this.

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Wax Paper vs. Parchment Paper: What's the Difference?