When comparing xterm vs Konsole, the Slant community recommends Konsole for most people. In the question“What are the best terminal emulators for UNIX-like systems?” Konsole is ranked 5th while xterm is ranked 13th. The most important reason people chose Konsole is:
Konsole can bookmark ssh and telnet sessions, directories, and it can open tabs in a folder for easy access.
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Pros
Pro Lightweight
Xterm is a very lightweight terminal. It requires few resources, allowing it to run well even on lower-end machines.
Pro Used in almost every Linux distribution
If you master xterm, you won't have to learn another tty, since it is in almost every Linux distribution.
Pro Stable, well-tested
Pro Standard with X Window system
Xterm is installed as standard software with the X Window system, and is there even when installing other terminal emulators.
Pro Supports sixel images
Pro Shows full characters for wide fallback fonts
Many terminal emulators that deal with wider fallback fonts (i.e. double-wide characters in CJK fonts) truncate display of wide characters, show Unicode "missing glyph" characters, or simply fail to display the characters at all. XTerm is "smart" enough to simply take up the extra space needed to show such wide characters.
Pro In about 30 years, it had only one issue, and that was fixed quickly
Pro It is fast and responsive
See this.
Pro Many modern terminals emulate xterm
Many terminal applications, such as OS X's Terminal.app and iTerm2 (among others), all claim xterm or xterm- variants as their $TERM and aim for support of xterm's escape sequences. Many command-line applications will assume or even hard-code escape-sequences and behavior for xterm and those terminals emulating it.
Pro Configurable via Xresources
X Toolkit resources and xrdb predates what is currently called "theme". Although one needs to read man, mitigates most listed cons
Pro Directory and SSH bookmarking
Konsole can bookmark ssh and telnet sessions, directories, and it can open tabs in a folder for easy access.
Pro Supports split-view
Konsole supports split-view which splits the window into two (or more) konsole instances. This is very useful for people who work a lot on the terminal and don't want to spend time navigating between different windows or tabs.
Pro True color and Smooth font
Konsole supports true color and smooth font. This made konsole more fanstatic than other terminal emulators.
Pro Embeddable into the desktop
Konsole can be embedded into desktop so it's always easily accessible, but not in the way of other windows.
Pro Export of output in plain text or HTML format
By going to file > save output, you can send all screen output to a text file.
Pro Support in Dolphin file manager
Konsole can be accessed by pressing F4 in Dolphin, which is convenient for when the user needs to open the terminal in a particular spot of the file structure.
Pro Supports font ligature
Most terminals in Linux don't support font ligature, while many modern fonts such as PragmataPro or Fira Code already have decent coverage of font ligature. Support for font ligature makes user experience and font management much easier (i.e. you don't need to keep two copies of the same font just to use in the console)
Pro Helps to identify tabs using custom icons
Users can associate each bookmark or SSH session with a custom icon, thus giving a visual hint to quickly identify a tab when a lot of tabs are open.
Pro Supports advanced color schemes
In particular solarized.
Pro Notification alerts about activity in a terminal
Konsole can monitor activities and notify the user through system notifications when a certain activity happens. This is a very customizable feature too: you can write scripts that can use this feature and notify you for whatever you want.
Pro Exceptionally fast
Konsole is usually very fast. It boots up very quickly and takes less than a second (averages to 0.25-0.59 seconds) to display files of up to 600 MB.
Pro Customize and save profiles
Profiles containing different settings can be created, saved, and loaded. Color schemes, window transparency, scroll bar, key bindings, start-up commands, window border, and menu bar can all be customized according to the user's needs.
Pro Allows CTRL-SHIFT-c/v within WSL Ubuntu as well
Good menu to customize.
Cons
Con No native transparency
Xterm does not natively support transparency (though it can be emulated if needs be).
Con Bad defaults
Very small default size. No way to know to how to configure size.
Con No tabs
Con It blinks
If it blinks for you too, you can try this: man xterm
and then press Shift+G.
Con Has few dependencies
Has dependencies like xbitmaps.
Con Historical source code
The stories behind terminal emulation beyond their classical representatives (of which xterm is simply the most long-lived) are somewhere inbetween subtly irritating to downright surreal.
Con KDE Library dependencies
While not an issue if using KDE, when trying to use this terminal in other desktop environments or window managers, there will be a large amount of dependencies tied to the app, making for a large install size. For those trying to keep their desktop lean, this may be an issue.
Con Uses a lot of memory
Although it's very fast, konsole has to use a lot of resources in return. It may use up to 30 MB per instance, depending on the number of tabs and the task at hand.
Con No good support for powerline character even with patched fonts
Con Can mess terminal keybinds
Most the of the time, the terminal keybinds are just ignored to obey the kde keybinds. Can be configured though.
Con Lack of DECSCUSR support
Konsole don't allow changing the cursor shape with extended DECSCUSR sequences, using instead the temporary-profile hack. This causes pain when working in (neo)vim inside Konsole.
Con No support for double-width characters
Konsole no supports double width characters. For powerline users, you need to add a space after powerline glyph.
