Is this a correct way to see differentials in calculus?

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I'm trying to get a grasp on the differentials concept and I arrived to this conclusion, but I'm not sure it's correct since I haven't found exactly this way of defining them anywhere.

I'm pasting a picture of my notes because I'm not sure how to express this otherwise.

Pic of my notes

From my understanding, defining $dx$ and $dy$ this way gives me the following properties:

  • Differentials are limits, not numbers, so they must be dealt with using algebra of limits
  • Differentials represent infinitesimal quantities

I want to check if these deductions are correct, misguided or maybe plain wrong.

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I don't see any definitions of $dx$ and $dy$ there. There are ways of defining differentials $dx$ and $dy$, but it's not as limits of $\Delta x$ and $\Delta y$. You might look at this question and its answers.