BPE vs WordPiece Tokenization - when to use / which?
(This answer was originally a comment)
You can find the algorithmic difference here. In practical terms, their main difference is that BPE places the @@ at the end of tokens while wordpieces place the ## at the beginning. The main performance difference usually comes not from the algorithm, but the specific implementation, e.g. sentencepiece offers a very fast C++ implementation of BPE. You can find fast Rust implementations of both in Hugginface's tokenizers.