The definition
f′(x)=h→0limhf(x+h)−f(x)
is another way to express the slope between two points on the graph of f that are very close together.
Recall that the slope between two points (x1,y1) and (x2,y2) is given by
If we let x1=x and x2=x+h, then y1=f(x) and y2=f(x+h). Substituting into the slope formula gives
m=(x+h)−xf(x+h)−f(x)=hf(x+h)−f(x)
So, the expression inside the limit in the definition of the derivative is just the slope between the points (x,f(x)) and (x+h,f(x+h)).
Taking the limit as h→0 means we are finding the slope between two points that are infinitesimally close together. Therefore, the definition
f′(x)=h→0limhf(x+h)−f(x)
still represents the slope between two infinitesimally close points on the curve.
Now, it is reasonable to conclude that even though the two equation for the derivative look disimilar, they are indeed equivalent since they both give the slope of a curve "at a point."