What is the difference between LTO-9 and lto8?

Could you elaborate on the key distinctions between LTO-9 and lto8 in the realm of cryptocurrency and finance? I'm particularly interested in understanding how these two entities differ in terms of their functionality, use cases, and potential impact on the crypto market. Is there a significant technical disparity between them? Are they aimed at different target audiences or serving different needs? Your insights would be invaluable in helping me make an informed decision in this dynamic and rapidly evolving industry.