What is fingerstyle?
You may have heard the term fingerstyle used synonymously with fingerpicking, but the two are really quite a bit different. Fingerpicking generally involves moving between the thumb on the bass notes and the fingers on treble notes, and builing around patterns for your fingers. These recognizable patterns can be applied to many different kinds of music and sound great.
Fingerstyle guitar blends bass and treble together, with your fingers and thumb working all of the strings together. Watch fingerstyle guitarist Martin Taylor playing “They Can’t Take That Away from Me” in the above video. You can hear bass and treble notes together, with the thumb and the fingers moving across the instrument rather than following distinct patterns.
Original Source: Figuring out Fingerstyle Guitar