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The main difference between Threat Extraction and Threat Emulation lies in their purposes and functioning. Threat Extraction is designed to immediately deliver sanitized files to users by removing potentially harmful content, thus ensuring that the recipient gets a clean version of the file as quickly as possible. This process is optimized for speed, often taking less than a second, which makes it efficient for environments that prioritize user experience while still maintaining a level of security.

In contrast, Threat Emulation focuses on analyzing the files in a controlled environment to detect any malicious behavior. This process typically involves simulating the execution of a file to observe its actions but does not deliver the file to the user while this analysis is ongoing. The emphasis on testing for threats rather than immediate delivery illustrates the fundamental difference in approach between the two methods.

In summary, Threat Extraction prioritizes rapid file delivery while ensuring safety, which is correctly captured in the chosen answer regarding its delivery speed and functionality.