Let's say you need a 5-inch bladed bushcraft knife that is tough because you might need it for some chopping or other hard use. You could use traditional (and excellent) A2 steel because it is tough -- tougher than a simple carbon steel like 1095. And you could sharpen it with a soft Arkansas bench stone. You would probably want a 40 degree inclusive edge bevel because you need toughness.
As an alternative, you could choose a high-performance powder steel like 3V. It's tougher than A2. It holds an edge better than A2. You could heat treat it a bit harder than A2 and it will still be tougher, as well being stronger. And the wear resistance will also be better. Edge stability will also be better.
Instead of a 40-degree edge, you could put on a 30-degree inclusive edge with a 40-degree microbevel, which you touch up with a pocket diamond stone.
The more acute edge geometry will make it a better cutter and extend it's wear resistance. It would be tougher. It would cut better. It's edge would be more stable. It would be more corrosion resistant. And I'd argue that it would be easier to keep the microbevel on the 3V blade sharp with a pocket diamond stone than it would be to keep the A2 blade with the full 40-degree edge sharp with the Arkansas stone.
As an alternative, you could choose a high-performance powder steel like 3V. It's tougher than A2. It holds an edge better than A2. You could heat treat it a bit harder than A2 and it will still be tougher, as well being stronger. And the wear resistance will also be better. Edge stability will also be better.
Instead of a 40-degree edge, you could put on a 30-degree inclusive edge with a 40-degree microbevel, which you touch up with a pocket diamond stone.
The more acute edge geometry will make it a better cutter and extend it's wear resistance. It would be tougher. It would cut better. It's edge would be more stable. It would be more corrosion resistant. And I'd argue that it would be easier to keep the microbevel on the 3V blade sharp with a pocket diamond stone than it would be to keep the A2 blade with the full 40-degree edge sharp with the Arkansas stone.