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what is the difference between a 4K and 8K television?

Hello and Good Evening Everyone

             Upon noticing the link to the first 8K television at http://www.msn.com/en-us/money/technologyinvesting/sharp-is-selling-the-worlds-first-8k-tv-next-month-for-dollar133000/ar-AAemhXP?ocid=ansmsnmoney11 to be made available to the consumer, several questions come to my mind.  For starters, what is the difference between 4K and 8K televisions?  I believe it has something to do with the resolutions, but, I do not know the details.

            Any shared views on this question will be appreciated.

            Thank you

            George
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Hello and Good Afternoon Everyone,

            I greatly appreciate the technical insights given along with their respective breakdowns.  Everything shared within this post certainly did make sense and made what would be otherwise a complex topic more understandable.  

            Thanks again.

            George