What are the differences between hot mud and joint compound in terms of their application and drying times?

Hot mud and joint compound are both used in drywall finishing, but they have differences in application and drying times. Hot mud, also known as setting-type compound, dries faster and is typically used for the first coat of finishing. It sets quickly, allowing for faster completion of the project. Joint compound, on the other hand, is easier to work with and has a longer drying time, making it more suitable for subsequent coats and final touches.