Liposome:
Consists of a bilayer of amphipathic molecules with both molecule layers arranged in concentric circles
Is formed mainly by phospholipid molecules such as cholesterol
Structurally, the lipid bilayer separates an aqueous internal compartment
Formation of liposome typically takes place at transition temperature
Micelle:
Consists of lipid molecules arranged in a spherical form in aqueous solution
Structurally, the lipid monolayers are closed, with a polar surface and fatty acid core
Is formed by surfactant molecules such as emulsifiers and detergents
Formation of micelle requires Kraft temperature as its minimum temperature value