Most modern bows can handle HMPE (High Modulus PolyEthylene) string fibers (trade names such as Vectran, Dyneema, Spectra). Most older "vintage" bows are best to use nothing more "modern" than Dacron (B50 or B500). Take care. When in doubt, check with your bow's maker.
HMPE fibers have far less stretch and string creep than Dacron fibers, and with increased durability. This allows for bowstrings with fewer strands and thus lighter mass weight, for a faster, and sometime quieter, bowstring.
As to what's the "best" or a "good" HMPE string fiber, that's subjective at best and you do need to do some testing on your own.
You'll get tons of conflicting opinions and IMO, a good starting point with modern string fiber is the popular BCY Dynaflight'97.