When comparing Tilix vs Alacritty, the Slant community recommends Alacritty for most people. In the question“What are the best terminal emulators for UNIX-like systems?” Alacritty is ranked 7th while Tilix is ranked 12th. The most important reason people chose Alacritty is:
Written in Rust with a philosophy focusing on speed and simplicity, Alacritty is one of the fastest terminal emulators out there.
Specs
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Pros
Pro Multiple sessions inside a single window
In addition to tiling, Tilix supports placing separate sessions in tabs or switching from one to another through a sidebar.
Pro Tiling makes for ease of use
The user can split terminals horizontally or vertically, according to their needs or preferences.
Pro Integrates nicely into GNOME 3
Tilix follows the GNOME Human Interface Guidelines and uses the UI patterns of this desktop environment.
Pro Good alternative to Terminator
Tiling and ability to type into multiple terminals simultaneously is Terminator's 2 most significant features. Tilix has them as well.
Pro Configurable shortcuts
Many actions in Tilix can be triggered with configurable shortcuts.
Pro GNOME Human Interface Guidelines
Tilix follows GNOME HIG whereas gnome-terminal doesn't. GNOME should use Tilix as their default terminal.
Pro Transparent background
Unlike the standard GNOME Terminal, Tilix supports configurable background transparency.
Pro Fancy looks
Tilix has that new GNOME look, with a HeaderBar. It can also be disabled.
Pro Able to write into multiple terminals simultaneously
Inside a session, you can select multiple terminals, which will receive the same input simultaneously.
Pro Can be used as a drop-down terminal
The new 1.30 version of Tilix supports a quake mode enabling it to work as a drop-down terminal.
Pro Extremely fast
As fast as gnome-terminal, if not faster.
Pro Copy on select
Pro Faster than Gnome Terminal
When running commands it feels snappier.
Pro Easy
Pro Copy as HTML
You can copy text from the terminal as HTML for embedding in web settings.
Pro Lightweight
Pro Solarized themes built-in
Great support for solarized color schemes, and no setup is involved.
Pro Terminus can notify you about finished tasks and perform actions based on terminal output
Pro Blazing fast rendering with GPU-accelerated
Written in Rust with a philosophy focusing on speed and simplicity, Alacritty is one of the fastest terminal emulators out there.
Pro Looks good
Alacritty looks very slick on Linux, especially with GNOME or i3.
Pro Simple configuration
The configuration file is very well made and easy to use. You can fine tune your preferences to perfection in a matter of minutes.
Pro Comprehensive font options
Alacritty can be configured to adjust line spacing (height), letter spacing (width), and individual character horizontal/vertical positions.
Pro Has support for image previews in w3m and ranger
Pro Has text ref-low when window is resized
Pro Fast and simple but with true color support
It's simple and fast like xterm or urxvt but with truecolor support which is a big plus if you use a terminal based code editor. Basically Alacritty has all the features you need and nothing you don't (if you're using tmux for multiplexing).
Cons
Con Unmaintained
Bugs and pull requests are not processed.
Con No font ligatures
Con Takes a bit more memory than Gnome terminal
Would've expected this to be more lightweight.
Con Heavyweight
Tilix has quite a lot of dependencies and takes ~100MB of RAM when running.
Con Cannot into ligatures
Alacritty does not support ligatures in Fira Code, Iosevka etc.
Con Unreliable Font Rendering
Like a box of chocolate you never know what you're going to get.
Con Sacrifices basic features for raw performance
The Suzuki GSXR of terminals. Or your ditzy, blonde high school cheerleader; fast and pretty but not a lot going on under the hood.
Eschews a negative developmental philosophy towards including said functionality, with the official reason cited in project documentation as "Not within the realm of a terminal emulator" and ostensibly, "best left up to other tools such as terminal multiplexers" [such as screen or tmux]. Which is unfortunate when you factor in speed against terminal with the functionality built in vs their reliance on 3rd party tools:
tmux on alacritty: 'find /usr' time: 3.234s, cpu: 72%
tmux on konsole: find /usr' time: 1.777s, cpu: 96%
See issue here.