When comparing Todo.txt vs Notion, the Slant community recommends Todo.txt for most people. In the question“What are the best cross-platform task apps?” Todo.txt is ranked 9th while Notion is ranked 10th. The most important reason people chose Todo.txt is:
Todo.txt can be edited in plain text and then displayed with neat styles.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Easily editable format
Todo.txt can be edited in plain text and then displayed with neat styles.
Pro Editable from any text editor without needing any proprietary software
Because todo.txt is just a todo standard with various compatible apps to edit it, you can update it from any device as long as it can edit text and you can access your todo.txt file
It's convenient to be able to access your todo list quickly via your programming environment so you don't have to switch contexts, and to have a separate todo.txt file per project.
Pro Works with lots of apps for every platform
Todo.txt lists can be edited in virtually every text editor ever made and accessed on devices that support Dropbox. The user community has also created a number of apps for dozens of platforms.
Pro Command line support
You can edit your lists using the command line (e.g., Terminal) via a supplied bash script.
Pro Full control over your to-dos
You have full access to the underlying programming rules, and therefore total control over your task lists.
Pro Extensible
Has been extended to include most things people want, including a multiple of interfaces and app for all platforms.
Pro Easy syncing
Todo.txt automatically and seamlessly syncs through Dropbox.
Pro Wide range of interface apps
The community has developed a wide range of apps that interface with the basic file structure. These apps vary in how much they accomplish, how much hand-holding they do, their level of glitz, etc. They range from plugins for an editing app like vim to stand-alone, platform-specific GUI's. So YMMV depending on what you use. (todopy is particularly nice, a Python program that has a "console" mode which provides a keyboard-driven GUI.)
Pro Follows the unix philosophy
Does one thing: to do lists
Pro It's free
It runs on MacOS, Android, and Python (in the Mac's Unix CLI) -- all for free.
Pro Easy to sync up between lots of devices and interfaces
At a bare minimum you just need to be able to edit text, but there are many apps and advanced interfaces you can install on many devices to supplement your to-do list editing.
Pro Full-featured on desktop, mobile and web
Even the right-click menus on the web are the same as the app.
Pro Unlike anything else
One of the most complete applications one can use to build a personal dashboard (or professional) and migrate all other services to it. No more calendar, task, notes, financials, lists, writing and wiki apps, just Notion.
Pro Pages within pages within pages, to infinity
You can have a ridiculous amount of information within a single note. Look at how it works, you'll be surprised!
Pro Flexible contents storage and organization
You can upload files and embed online stuff in any hierarchical structure using pages, toggle lists, etc.
Pro Highly visual, with icons next to every new page and so on
This feature makes it very easy to find certain notes and such. And great for visual people as well. You could also add images as icons instead, if you like.
Pro Blocks offer incredible flexibility
The basic unit of organization in Notion is the block, which can be a chunk of text, an image, a bullet point, or even a link to another page. Each page consists of these blocks, which can be easily reorganized, moved to other pages, converted into other content types, or generally manipulated in many useful ways. Because of blocks, restructuring information in Notion is way easier than in any other wiki or notebook app.
Pro Does a great job with both notes and to-dos
To-dos in Notion aren't just dot point lists. You can drag and drop them into columns just like Trello (Kanban style), you can have sub-tasks, and you can easily mark things off as completed so they are no longer in your way. Notes are also powerful, with proper formatting and ways to manage and search for them, which makes it a great Evernote alternative.
Pro Cross platform
Works with Android, iOS, Windows, & Mac OSX.
Pro Awesome for wikis
You can easily start writing a bunch of web pages, share it with co-workers and choose whether to publicize or keep your contents private. It's also easy to hyperlink pages.
Pro Amazing view flexibility
You can create different views for a page's content and easily toggle between kanban, table, etc. (As long as the content is able to allow different views.)
Pro Quick and effective search
Just type in a word and you'll have results in no time at all.
Pro Attach files in tables
You can attach files in table cells, which is a feature missing in most spreadsheet-like applications.
Pro Great spreadsheet functionality
You can use calculation/formula, links, attachment, inter-referencing of data from other pages or tables, embed documents and images in the table cells.
Pro Renders Markdown Syntax
Add code blocks, Headers, bullet point, numbered lists, or To-Do boxes by typing using Markdown Syntax (instead of klunkily moving the mouse to formatting boxes)
Pro Less headaches when editing pages
Lets you restore your page to a past edit. Also works with sub-pages and databases. Though it is worth mentioning that it's a paid feature.
Cons
Con No support for reoccurring tasks
Tasks have dates corresponding to creation and completion, but there is no explicit support for due dates or for tasks that reoccur.
Con Nested tasks not supported
Many todo tasks for developers end up having sub tasks that need to be performed for a parent task to be completed, but the todo.txt format does not have any nesting.
Con Android app not updated since 2013
The app only seems to support Dropbox. It would be nice to see support for different and newer file storage services.
Con Not very fast using native apps
Can take time if you're switching between lots of pages often as it needs to load the data each time
Con Not always very intuitive
Column filters are not that intuitive to apply.

Con No true backup
True backup can only exist if it's automated and easily recoverable. Else, it's just an outdated copy or useless scrambled data.
Con Designed with teams in mind, and less formatting than Evernote
Evernote may be more individual-oriented and has more formatting and such options available, but whether that affects you is down to personal preference. Try both and see which you prefer.

Con Not yet a new protocol, as it could be! (or could it?)
Think of scuttlebutt or email. the best Evernote alternative would be a "web 3.0" of sorts. Something that would be just a simple file added to a computer and automatically replicated to other computers along with a website and any company could easily pick up the concept and make their own hosting, including some awesome google drive/host of sorts.
