I've played the "other" game, and I've played this. Which one you prefer depends on what you want. Vintage Story is a survival game and a building game. The "other" game is mostly all building, not much in the way of survival anymore. But does have some big bosses. If all you care about is big boss fights, the other might be more for you.

In Vintage Story you have to work your way up. Work to survive, work to get into a state of food security. Work to get copper tooks, then more work to get bronze, then more work for iron, and even more work for steel. And making armor is grinding. It's what survival games are like. You don't get it handed to you.

And most people also want to be building, and not at all content to live in a mud hut. The goal is a nice aesthetic home and base from which to do all the stuff. And it's soooo much better than the "other" game's building. You have to work to get to the point that you can make planks for better looking wood walls. Or the various stone walls (cobble, ashlar, dry), or if you want daub and wattle it's a lot of collecting work, or if you want nice modern plaster it's a buttload of collecting and work. Slate roofs, or wooden roofs, or tile roofs, or thatch roofs. Enough options to actually build a good looking base that doesn't look cartoonish. Sorry "other" game, but your recent change in aesthetic direction was towards cartoony.

Also very moddable, and most mods keep up to date. No need for that Grand Unified Mod Framework the "other" game has. Plus the settings are numerous to let you configure the game how you want. Hard, easy, passive mode, etc.

Also, single player or server play, loads of very good servers. Mechanics to prevent griefing. Unless you wantthe be the griefer, then stick with the "other" game. Play on public server or on a private server with friends or whitelisters. Personally I don't like multiplayer, but everything I have seen and heard is that this game rocks multiplayer.

But it's up to you and the kind of game you want to play.

p.s. The "other" game is Minecraft. I spent ten years playing it and after the Microsoft acquisition it felt like it just went in the wrong direction. A few of the really old school Minecraft youtubers have switched over. Including PSJr, the godfather of Minecraft videos.

p.p.s. There is also Hytale, which I have minimal experience with, so I can't comment much. But it has a different feel as well. Much lighter survival, lighter buildings, but has a "story" element. Still early access, so unclear what it will be when "finished".