When comparing Byword vs Notational Velocity, the Slant community recommends Notational Velocity for most people. In the question“What are the best power user tools for macOS?” Notational Velocity is ranked 16th while Byword is ranked 36th.
Ranked in these QuestionsQuestion Ranking
Pro Exemplary Markdown support
Byword de-emphasizes the syntax itself, while emphasizing its effects. It appropriately adds style, like italic and bold, to text that's designated by markdown and dims the syntax so it does not getting in the way of comprehension. Additionally, there are commonly used hotkeys (⌘b, ⌘i, etc) that can be used to apply style without having to know the syntax or having to type it out each time.
Pro Includes features that speed up writing
For example, while authoring a bulleted list hitting return automatically prepares a new bulleted line.
Pro Available for all Apple devices
Byword is available on a Mac, an iPhone and an iPad.
Pro Syncs using iCloud and Dropbox
Documents can be synced using iCloud or Dropbox from within the editor for use across all devices.
Pro Word count support
Pro A dark theme is available
Pro Can publish directly to external services
Pro Can export to html, pdf, rtf
In addition to plaintext, Byword can export to HTML, PDF, RTF.
Pro Live update support
Pro Syncs with SimpleNotes or Dropbox
Pro Simple and minimalistic
The interface is clean and unobtrusive.
Con No Windows or Linux versions
Con Feels a bit outdated
The last release was from 2011. Although due to its brilliant simplicity in doing what it's designed for, some might think there hasn't been any need for an update, as long as it still works with the newer OSs.