Oracle Database Discussions

what is the difference between undo tablespace and online redo log files. I am confused
as per my knowledge undo tablespace is used to store the undo information when a table is being updated so that, just incase we need to rollback a transaction we know what was present in the table earlier.
when a transaction fails the SMON performs the rollback of the data.
This undo data is stored in the undo tablespace and read consistency if any is enforced.
is my understanding till here correct?
Now, can this undo data/before image not be stored in the redo log buffer and online redolog files?
can redo-log files not store this information?

in fact, is it that when undo tablespaces exist in a database, the undo data/before image is stored in both the undo tablespace and also the redo log files?

kindly clarify my doubt.
thank you.