Now, what is the difference between wattage and voltage.
In a
mod like the CoolFire 4, the difference is really just "which number you want to appear larger on the screen." For any given resistance, watts and volts are tied to each other by the equation Watts = Volts^2 / Ohms (or Volts = sqrt[Watts* Ohms]). So as you increase or decrease either one, the other one will also increase or decrease by a set amount.
In Voltage mode, the
mod will apply the selected voltage to the coil, regardless of the resistance (ohms) of the coil. In this case,
volts will stay the same, and the derived
watts will vary according to the resistance of the coil.
In Wattage mode, the
mod will read the ohms of the attached coil, and vary the applied
volts in order to keep the derived
watts consistent between coils of varying resistances.
In either case, both values are shown on the screen, and by adjusting whichever one you're in the mode for, you can see the other one will adjust itself to keep pace.