Kevyn practices for a press conference...
A wormgate requires a superjovian mass, and rips a hole in space big enough for starships to pass through in one piece. It's fast, but you can't carry it with you, and you can only go someplace where there's a wormgate at the other end. You end up wasting a lot of time and energy traveling from the wormgate to your actual destination. The teraport requires very little real mass, and can be carried in your hand, It perforates space-time with quadrillions of tiny worm-holes. Because you can carry it, you can depart from any point in the universe. You'll travel faster, and be able to go places where there are no wormgates.
But because you can't fit through these tiny worm-holes in one piece, the teraport converts your ship into a standing gravitic wave, and then splits that into gravitic packets that can be transmitted through the tiny wormholes.
Picture yourself squeezing soggy pasta through the holes in a colander.
Bad analogy, Kevyn. Let's try it again.
Practice makes perfect...