Tung oil has better water resistance than does linseed oil, according to The Finishing Store.com. For this reason, tung oil is often used on outdoor furniture. Both linseed oil and tung oil dry to thin, satin finishes.
Boiled linseed oil contains drying agents, whereas tung oil does not, so linseed oil dries faster. Tung oil requires sanding between each coat, whereas linseed oil only requires sanding after the first coat. Boiled linseed oil can go rancid, whereas tung oil cannot, according to Canadian Woodworking & Home Improvement. An advantage of boiled linseed oil is that is cheaper than tung oil. Tung oil does not yellow over time.