VeraCrypt is an open-source utility used for on-the-fly encryption (OTFE). It can create a virtual encrypted disk within a file or encrypt a partition.
License: Open Source
EncFS is primarily focused on file-based encryption, making it suitable for users who need to encrypt files easily, especially in cloud environments. In contrast, VeraCrypt offers advanced security features including full disk encryption and hidden volumes, making it a better choice for those requiring robust security measures.