Higher aspect ratio blades are more efficient. It maximises disc area for a given mass of blade (linear-squared relationship). Blade is held straight due to tension not purely from torsional strength, so it can be made from a material with high tension strength like carbon fibre which is light. Also it positions the fastest moving blade area far out from the fuselage where there is less blown-drag.

The downside is that the tail rotor is purely loss.

Potentially a similar efficiency could be achieved with two large rotors, but then you end up needing to use cyclic roll to counter drag-induced cyclic yaw, or adding extra pitch mechanisms on each motor mount to make differential yaw.

Same physics that drives wind turbines to be as large as possible, I believe.