PHP versioning is like having different versions of a game, where each new version adds cool features and fixes problems from the older ones. It's important to use the newest version to make sure everything works well and stays safe from bugs.
Laravel versioning is like having different versions of a toy, where each new version has improvements or new features. This helps developers keep their projects up-to-date and working well by using the latest version of Laravel, which is a tool that makes building websites easier.