This document discusses the advantages of locally managed tablespaces (LMT) over dictionary managed tablespaces (DMT), emphasizing better resource efficiency and performance. LMT guarantees consistent extent sizes, avoids fragmentation, and offers faster dynamic extent allocation/deallocation, while DMT suffers from costly redo operations during extent management. The author advises careful usage of LMT to prevent excessive disk space consumption and notes the limitation of having to create an initial rollback segment in a DMT before creating additional ones in LMT.