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
LUKS is primarily a Linux-based encryption solution that excels in full disk encryption, while VeraCrypt offers cross-platform support and a more user-friendly experience with features like hidden volumes. Both provide robust security, but their use cases and ease of use differ significantly.