Bitcoin Forum

There's a new kid in town named "Binance Smart Chain" focused on rivaling Ethereum into becoming the world's second-largest cryptocurrency by market cap. It went all the way from being worth cents (in USD) to just hundreds of dollars in an instant. Unlike Ethereum, Binance's smart contract platform offers a greater degree of flexibility with ultra-low fees and blazing-fast transaction processing times.

Of course, no other cryptocurrency (except Bitcoin) can outmatch Ethereum's level of decentralization. I guess that's why most developers continue to build dApps on ETH instead of migrating to BNB altogether. For different tastes, needs, and/or purposes in life, will be the type of cryptocurrency to use.

I prefer Binance Chain over Ethereum anytime because of its benefits. But some people will prefer Ethereum over Binance Chain because of its decentralized and censorship-resistant design.

What's your choice? Ethereum or Binance Chain? Why did you select such cryptocurrency? Will one of them fade into oblivion sometime in the future? Or will they co-exist for many generations? Your input will be greatly appreciated. Thank you :)

I was in a heated argument about binance smart chain and dogecoin the other day, and I think bianance smart chain is more of a Long term successful coin than dogecoin, bianance smart chain didn't have the influence of billionaires like Elon musk but it still successful so far, but dogecoin hard the those influence, and I wonder how exciting dogecoin would be, when Elon musk says it's time to drop out.
But bianance smart chain for now is not a rival to for ethereum, I think ethereum is an alt-coin with sustainability, others are maybe's until proven order wise, binance smart chain will be relevant for a long time, but so would ethereum.

I love both Binance Smart Chain and Ethereum. It is good to see more than one chain in cryptocurrency that offer different benefits for different user types, which is why I believe they will co-exist for quite some time.

Currently Binance Smart Chain is much better for fees than Ethereum and is gaining market share rapidly but once Ethereum upgrades I think we will see a lot of that money flood back into Ethereum.

Why use imitation blockchain from binance? You can trade on the Binance exchange with lower fees and a large selection of coins. Binance chain has 2 main inputs and outputs: Binance Exchange and Binance Bridge. If binance closes the withdrawals, then you will own coins that cannot be withdrawn and changed.

I will choose ethereum over binance if the transaction fees will be very cheap like this time. I think that both will still co-exist. I can't deny the fact that binance already developed so many useful product.
That being said that if binance has a very strong fundamental based from the its community combined with the product that already attracted so many users.
Both were good platforms

Oh we all already know the answer to this question.
Is just like give you a free plane and asking you if you'll pay for a ride with Lamborghini.
The binance token is more preferable to me than ethereum forget the price, when we talk of coin it's not only the price. The bsc is more cheaper in transaction than ethereum chain. And the price of bnb is doing pretty fine don't be surprised 2years from now bnb will beat ethereum in value.

I prefer to trade or stored any token that used smart contract of Binance smart chain, I dont want to pay very high fee only for send or trade token. I think more trader or investor also prefer to chooce Binance Smart chain than Ethereum, we can see it from the daily volume trading on Uniswap and Pancake swap, Pancake swap have higher daily trading volume compare Uniswap although UNI token have marketcap higher. To trade ERC20 token, I more happy to do it on CEX because the fee is fixed about 0.1%-0.2% pertrade. Technology of smart contract platform should give more benefits and advantages to the their community so that its community will be much bigger. I also looking in to others smart contract platform with very low fee and high transaction persecond, like Polygon and Solana.

New kid always tries to claim the new chain is better and makes an evolution. Ethereum does in 2017 and its network was congested. Its problem has yet been resolved so far.

Binance Smart Chain is more flexible but it will get troubles when the chain becomes more accepted and bigger.

They can do dApps for multi-chains and I think it will be a trend in crypto and dApps. Projects that have ability to adapt to multi-chains will be more interested by community.

The total validator of Binance Smart Chain is very very small compares to Ethereum chain.

BSC: 43 validators https://bscscan.com/validators
Ethereum: 147967 validators https://mainnet.beaconcha.in/validators

I am flexible with my choice. If I want to move funds and they are available with BSC, I choose BSC. If not, I choose ERC20. I believe Vitalik will resolve the problem on ERC20 chain. More people will use ERC20 chain again.

Ethereum had been an asset for me. I stopped using it for transactions because of the high fees.
None of us want to waste a lot of money just for hundreds of dollars to be sent to someone. Right?

BNB on other hand had some good usage for me for the transactions that I needed. With the BEP20 chain option, I don't even need a dollar just to get it through.
I think that is why they are one of the top now. It's usage that makes people buy more BNB, this ain't different from how strong Ethereum was because of it's cheap fees.

ethereum is still the best investment right now for me. But for day trading of, course switching to the BSC network would be better.
Currently, we can see how the dominance of trading on the BSC network is increasing on the pancake exchange from trading on the ethereum network at uniswap.
we can choose which one is better, but not many of them have moved from the ethereum chain to the BSC. it means that the developers' trust with their chosen network on ethereum is still hopeful. it's not just a transaction problem. this is related to future project development.

I would say those two coins are all good coins in terms of fundamentals, scalability and profitability of investments. It only differs between the other aspects of flexibility of gas fees users do prefer for much lowest transaction fees with has a same functions of making.

Ethereum base chain has a lot of project we cannot deny that fact, but the problem of ETH network now is so much congestion, high gas fee compare to BSC that we can only pay a small and cheapest gas fee plus the speed of transaction is one of the good features of BSC network.

Yes, Binance Chain has the advantage of not too large a number of transaction fees, whereas Ethereum has the advantage of having a strong community so that the volume always looks big with the price movements that are always alive in the market, so in general both are very good long-term investments.

Talking about the two between ethereum and binance chain, they certainly have their respective advantages,
For Ethereum itself, the transaction costs are still high, but that does not reduce investors' interest in investing in Ethereum.
Which is certain what you say I agree that both are good for long term investment

It is interesting to see that Ethereum has unlimited max supply but BNB's max supply is limited. This could help BNB increase in value much more than Ethereum I think. I like these coins both but I feel myself closer to BNB when it comes to having a brighter future.

Ethereum (Eth) in my opinion is the largest network at the moment, many tokens are included in the Eth list network in the major world markets of DEX and CEX, Bsc (binance smart chain) The main coin of the Binance market is arguably just growing but growing very fast many tokens also moved from the Eth to Bsc network due to several factors including low gas fees ,,, so personally prefer BSC gradually as time goes by, hopefully it can catch up with the Ethereum price ,,,

BSC is an attempt by developers to retain their customers who have tokens and cannot afford the listing fees on the central platform.
It is nothing but a model from Binance.com with less listing fees and less money to invest in protecting and upgrading the wallets.

The persistence of people in believing in these networks makes them in a weaker position than holding cash, as they bear all the risks and may lose their money for something that may not happen in the first place.

There is no legal protection for them and they may pay more taxes All these risks for a low fee.

BSC is pretty cheaper than Ethereum chain but whatever the case is, at the end of the day, we have to talk about decentralization and that's where ETH is better of course. BSC will be more centralized in the coming future for sure.
Again, if you think using a coin in daily life, can you imagine paying $10+ fee for each tx? ETH is worst in fee. ETH fee is high for a long time.
Anyway, ETH will have version 2 launched soon and things may get changed.

We will immediately see the limited Ethereum coin supply when the Fork is successful in July, from there you will see how the future of Ethereum will be better than BSC, As we have seen together, Ethereum has many new projects despite the expensive gas ether fee, BSC will always be an option for new projects when the development team thinks of the high cost just to make a token delivery transaction.
Both platforms are good, developers and users can choose which platform they will use as they wish

both have their respective advantages, binance also has many uses and the transaction fees are still relatively cheap, this makes many investors interested in holding it for a long time, and binance is also able to prove its quality to be ranked third in crypto, and on ethereum it is clear the potential and the market capitalization is also very large, this also makes investors not hesitate to have ethereum as a long-term investment, if I am required to choose, I will allocate my money to both of them with a ratio of 60% for ETH and 40% for binance.

Depend on what you want to built on it. If i want to builr DeFi which is required to make retail investor comes, i will choose BSC because BSC faster and cheaper in term of transactions fees then ethereum. But if i want to build DeFi for Institution or people who want to contribute above $50k i will choose Ethereum because it is safer then BSC.

Ethereum has surely been there for many years and performed really well in the recent bull-run. Binance coin or the BNB has also enhanced it's value in last 2-3 months and as you mentioned, that was resulted by the introduction of BSC and its low fee structure. If you consider the month of June, the NFT marketplace to be launched and that will surely have a positive impact on the value of BNB. Hence, at this moment, I prefer BNB over ETH.

Nowadays people have switched to BSC from ETH, because the current ETH gas factor is too high, and if ETH doesn't solve the problem then new coin investors or developers will leave ETH, And I think that in the future BSC will be able to beat ETH

I'm still using ethereum for some things like hodl, paying for gas, and exchanging it for fiat. I like Binance as an exchange platform, P2P, Binance DEX, and now BSC I have not had any problems. Since I am a regular user of Binance, it is obvious that I am interested in their BNB token for the whole range of services and more to come. It is an advantage for users that in Binance Smart Chain the fees are cheaper and the transactions are faster, that's why I use the two networks 30% ethereum and 70% BSC.

Depends on what you want to do with your investment. If you are looking for a short term get in, make a profit, get out type of deal I would suggest to deal with BSC because the costs there are cheaper and you would make a quicker profit there, most things that start have a great profitable first few days and then they suck and become very low there, usually it doesn't even take a full week for it to start dropping so if you get in on the first minute and make a huge profit then get out after 24 hours you will make the most profit you can.

This is not all BSC tokens obviously, some suck from start and some are good even after a while, but "most" of them are like what I mentioned. On the other hand if you see a great erc20 token that can go for a very long term and has a good use case then you can buy ETH one only if it has a good future and you will hold it for long term.

actually ETH is better because ETH has been around for a long time before BNB appeared, but if you look at it from a gas fee perspective, of course BNB is much cheaper than ETH, even though ETH has succeeded in lowering their gas fees, and in the long run, BNB can compete with ETH later

If you look at some of the data, for now BNB will be a little better than eth, because bnb has a limited supply, not with eth, has a large community, has a cheaper cost than eth, If eth can fix transaction costs, it could be ethereum being the best altcoin, this is one of the drawbacks of ethereum at the moment, We always hope that it will be fixed soon in eth 2.0

Both cryptocurrencies are very popular and most likely the most popular among altcoins and in general I constantly invest in both cryptocurrencies because both cryptocurrencies are very actively developing and constantly reaching new heights, but I do not like that transactions through the Ethereum blockchain cost a lot of money and therefore I prefer Binance Smart Chain and hopefully in the future BSC will really be able to overtake the Ethereum blockchain, but so far, of course, I can't believe in it.

You should look at the value and talk again about the chance that BNB will beat ETH in the future, this story is pretty ridiculous compared to the reality we are getting, the binance chain is really prioritizing the costs of helping the community but the projects here are still quite few and not particularly potential while ethereum may be more expensive but the project has potential and has its headquarters here. Quality is proportional to cost, more importantly they are still cutting these costs in the near future, BNB beware when it can be knocked down

Both of these chains are fine for me, they differ in cost and the cost of the money transfer tax. I would compare them as what has already been fixed and what will still grow and bring profit to both the creators and the holders of this coin.

It is true that these two altcoins are more in demand as they are in the second and third positions in crypto. ETH has been proven with its wide market but high fees are a major problem for it, whereas Binance has much cheaper fees and this makes ETH holders choose Binance as an alternative while waiting for the settlement of fees on ETH, it is often said that Binance will replace Ethereum. But for me neither, both will go hand in hand in the crypto market.

They are actually a good alts in the market "ETH/BNB" wherein we don't need to make a comparison in my personal opinion because both are useful and very reliable nowadays unlike some alts in the market i don't want to mention some names but its really true.. Indeed except to bitcoin this ETH and binance for sure will stay in the market for long time and will not disappear, unlike to those projects that suddenly vanished after all.

I use both network depending on my need. Not all tokens are cross-chain so you may find apple here and banana there. Lately I heavily used Binance Smart Chain and never had a problem. The biggest advantage is it's too cheap, you can make transactions almost free. I hate paying high fees in Ethereum network and most of the time I can't even use it because fees are higher than something I need to do.
I think in the future both network will remain and majority of people use them. If defi market grows we can even see mass adoption but we are nowhere that level yet. I suggest you that don't be a fan of any chain or coin, use them when you need to.

if I prefer Ethereum, because Ethereum has more long experience than BSC, it's just that for now the problem with Ethereum is the gas fees from Ethereum are expensive, but I am sure in the future Ethereum will definitely find a solution to make gas fees from Ethreum become low, but I am sure when many people started using BSC too and the price of Binance is equivalent to Ethereum, then the gas fees from BSC will also be expensive (same as Ethereum).

Both is good, But i choose ethereum. Ethereum is more strong and some very good token is erc20 based. Ethereum is centralized and its is the main point of my choice.

I will use DEX or tokens that build on Ethereum blockchain if they can solve the problem of high cost of transaction and network congestion. This problem does not solve yet since 2017, As the ETH community and ecosystem continues to grow, this problem should be able to be resolved soon. Since these problem not solve yet, i used BSC. Although many people said BSC is centralized blockchain but they give more advantages to crypto community. I choose it depending on the how the benefits, and later maybe i left BSC if other offer better one.

I choosed both because both of these coins are still good, eventhough BNB is dominating right now because it's newer and lower fees but i think ETH is still strong in the market for at least 5 years. So for me it's better to take attentions for this two rather than choosing one of them

It is true that both of them are promising coins and of course there is nothing wrong with choosing between Ethereum and BNB.
Although the transaction fees from ethereum can be said to be still high but I don't think it's a big problem,
what is clear to me is that these two coins will remain the top coins

Ethereum will always be my choice is just that gas fees now are heavily problem to the majority of people in this industry that's why BSC emerged to that occasion as a solution for that problem. I don't mind the competition as long as it can give people choices that can give them satisfaction of whatever ecosystem / assets they use.

In my opinion, Ethereum (ETH) and Binance Chain (BNB) are both good but I think ETH will remain number two next to Bitcoin (BTC) because it is a very stable coin which continues to improved day by day for having a lot of users using it. It is just that BNB noticed more because of its big pump so I think it is too early for BNB to replaced ETH.

In addition to BSC, there are a lot of other blockchains that have much lower fees than in the ethereum network. But despite this, developers continue to use the ethereum blockchain for their projects. This is due to the high trust and decentralization of this network.

I will admit it. I tried BSC and I loved how fast it looked and how slick everything was,,, but still, it took me years to get convinced by Ethereum and now that I finally am, I do not think it is easy to move. It is not just about speed and cost as I am still using Bitcoin not BCH for example;),,, but you have to really think about security and stability in the big picture.

I feel you. Paying high fees each time you perform a transaction is a real pain in the head. No one is willing to do this except whales and the wealthy. Binance Chain, although centralized, has a better user experience with its ultra-low fees and blazing-fast transaction confirmation times. It's no wonder why BNB soared all the way towards becoming the third-largest cryptocurrency by market cap. People can't stand ETH's degrading performance, leading them to look for other alternatives that are much more economical and faster to use for mainstream payments. The longer it takes for ETH to scale, the higher BNB will go.

Which of the aforementioned coins are best, that's up to you to decide. I'd say neither is better because they serve unique purposes in real life. Despite ETH's high gas fees and slow transaction processing times, no other blockchain can outmatch its level of mainstream adoption. The ETH ecosystem is the largest one in the crypto/Blockchain space besides Bitcoin. Developers are building dApps on ETH at a larger scale than competing smart contract platforms. As long as ETH is the leader of decentralized applications, BNB won't be going anywhere. At this point, we could say that BNB serves as an alternative to ETH than a replacement. Just my opinion :)

I personally prefer the etherem over the binance, because ETH is a network that is very widely used by crypto users, because the etherem is a very stable altcoin and has a very strong and wide network in a crypto, in a contrast to the bsc which is a new network in the crypto , even though BNB is currently popular, with a very low transaction value compared to the eth, the eth remains the second best after BTC,

As I said above I have really seen BSC and experienced it myself but yes, that alone (being fast and pretty) is not enough to convince me to switch over just yet. Ethereum has a way more better collection of devs and reputation. Old users will also agree and once the new defi users get bored they might also then realize ETH is where the non-defi utility is.

Centralized vs decentralized that is what the comparison will look like, but projects just want profits so they actually don't have any idea to create a project, they simply create and launch while people also starts to invest on those centralized projects duento hype which is called ultra low fee.

At the moment I am using both Ethereum and Binance Smart Chain. The fact is that earlier I used only Ethereum, but after the price of commissions in the Ethereum network increased significantly, I began to use additional networks, for example, such as Tron and LTC, but with the advent of Binance Smart Chain, I also switched to this network, since it allows you to partially replace the work of the Ethereum network, while it has advantages. But in order not to miss all the possible benefits from different networks, I try to use different networks, which allows me to derive the maximum benefit.

Good comparison and yes that's really the matter, it's all about quick profits whatever system
it is as long as dev  will benefits they'll going to use what they've think investors will follow them.

There are traders and investors who are seeking for fast profits and they're not minding which platform
the project was create,  aside from fees where the issue from ETH was being voice out.

They are more concern with how they'll going take advantage whatever chain it is as long as there are opportunities.

Devs are going to make profits while the investors are going to lose their hard earned money so those people should be more careful with what they are investing, if a project fails then its a loss for investors not for the one who created it.

At the moment ,I think we all want to use BNB rather than Ethereum. Because no one wants to pay a very high fee for a transaction. but the BNB price is higher or equal to ETH then I think it will no longer be true, the transaction fee on BNB will be much higher than ETH.

Both are good because both are strong project. But many people will choose BNB now. Because we all know that Ethereum gas fee is very high so many people can't swap their 10-20$ token. If you look in BNB, a person can swap 2-3$ token. Because of this reason many projects have migrated to BNB.
I think Eth 2.0 will settle all thing may be gas fee will also decrease and we will see many new things in ETH. Also Eth is good for long term Investment.

It is definitely kind of what you want, but I am not sure if I agree with the way you reached your result, we agree on the result. I think ETH and BNB both could be great long term projects, I do not think that BSC is just one time thing and I do not believe that BNB is only for short term. What you want idea is still definitely correct but that is not the only thing.

I personally believe that the best thing about ERC20 is the decentralization, so if you want decentralization you should focus on ETH and what it will do, and if you want to believe that Binance wants to increase the price of BNB (which obviously they do) that would mean that we could see the price going up a lot there as well. So both of them are definitely a great striking distance from each other and if you want decentralized or not you can still make your decision so that part is correct.

I also choose both, we can totally see how good both is, though there is a downfall but still it can manage to maintain their standing in crypto. They are both the choices of many people in crypto because of its capabilities and wholeness as a good and useful coins. Let us also remember that the experience of being at the top or down is just normal. Never easily panic about it, better to be calm always.

Ethereum has better dApps, tokens, and services around it. Still, ETH is much more expensive and slower than BNB. The vast majority of people prefer convenience on top of decentralization/censorship-resistance, so they'll choose BNB on top of ETH anytime. It's no wonder why BNB grew so fast until it became the third-largest cryptocurrency by market cap. ETH devs better address the "high fee" issue before it's too late. Otherwise, BNB might flip ETH becoming the second-largest cryptocurrency by market cap after Bitcoin.

Nonetheless, the fate of both ETH and BNB will depend on mainstream adoption above all else. With competition in the crypto/Blockchain space, people will get to choose which crypto assets to support from the other. Not everyone will find BNB suitable for their needs, as some people prefer decentralization/censorship-resistance. As long as there's a community behind these coins, they'll stand the test of time. I'd choose Ethereum over Binance Chain anytime just because it's decentralized. High fees are a pain in the head, but it's easy to get over them with Layer-Two scaling solutions like Skale and Optimism. With ETH 2.0 along the way, Ethereum will be one step closer to become as good as Binance Chain in terms of performance and cost-efficiency. Just my opinion :)

both are very good for me because they have their advantages and disadvantages, for eth itself I prefer because apart from its price which is quite good in addition to that eth 2.0 is also a differentiating force for eth and this is its own advantage but unfortunately because of gas which is fairly high to be one of the barriers in eth. for bnb itself this can be more enjoyed for small traders because of its very cheap price but there are a lot of junk coins here because it is easy to make shitcoin on bnb

I am more interested in the Binance Smart Chain, compared to the Ethereum Blockchain. Even though the BSC is still new, it makes it easy for users. Apart from the low transaction fees, the token transaction speed is also superior to Ethereum.
Yet BSC and Ethereum can still coexist. There is no need for someone to change their wallet to accept BSC.

I think the presence of BSC is not to compete with Ethereum, but rather to collaborate with Ethereum. So that the Ethereum network will be lighter with the presence of BSC. The concept of BSC and Ethereum concept is almost the same. We can use Ethereum for BSC and BSC for Ethereum. This proves that BSC and Ethereum can collaborate well.

There's always a competition here in the market and there's no such thing as to collaborate especially between ETH and BSC. We all know that there's a lot of problem with ETH network before with regards to fees and its speed, that's why BSC was came in the market to offer a better and cheaper option. If ETH will can't solve this problem, them we might see BSC as the top option in the future.

BSC network is growing fast and we can see that its a big threat to ETH network but this competition is healthy since it provided better options to us and I’m also confident that ETH network is still the choice of many projects because of its demand in the market, and looking at BSC now, there’s a lot of shitcoins easily coming in to this market, just like the old days of ERC20.

Before I like Ethereum but but when ETH began to increased its price value in the market the transaction charge also became expensive as well.
while Binance Smart Chain became famous and took the chance while ETH fee is to high and this might be the reason why most of the new projects nowadays used the BSC platform compared to ERC20. And if ETH won't do anything about their Fee transaction this might be the beginning falling of ETH(ERC20) in my own opinion only.

Speaking of shitcoins, nowadays more and more shitcoins are popping up either through the BSC network or the ETH network. Because almost
all new projects that appear today are just copycats of existing projects. So we have to be careful if we plan to invest in new projects. But if
I compare the two I prefer the ETH network, because I'm used to using the ETH network instead of the BSC network. Competition between the two
must occur, so that both try to provide the best service for users.

This is healthy competition. The more choices there will be a positive competition that can make the cryptocurrency ecosystem better. The solution arises because there is a problem, the popular ETH network triggers transaction traffic congestion, making transaction fees expensive, especially when DeFi has become popular in recent months. BSC is here to be an alternative, giving developers another choice to maximize their projects, especially since BSC is supported by one of the giants in cryptocurrency.
ETH and BSC are both profitable, just choose both and use them according to your needs, no need to worry or even argue about it.

I'm for Ethereum. Ethereum is decentralized unlike Binance Smart Chain and the problem with commissions will soon be solved.
I would choose Binance Smart Chain, but I don't like centralization

how coulld it called as centralized?isn't it same with ethereum which is have decentralized charater. i dont see any reason why binance smart chain could mentioned as centralized chain. its ecosystem was very huge and alot of traders or investors interested with binance due developtment progress .

Ethereum does not depend on anything except bitcoin. and bsc depends on ethereum and bitcoin. both are also very useful coins, if there is a coin that uses the bsc platform and success. it will also have an impact on ETH because the volume will increase. as well as when ETH goes down it will definitely have an impact on the coins in the bsc chain. I conclude that both play an important role but if asked to choose I prefer eth. because reading many articles about eth 2.0 will coming and there will beprovide more features and benefits for holders.

I think currently the ethereum network already has very cheap transaction fees so I think many people will return to using the ethereum network again and do arbit using erc20 what will make them happy is when gas costs are cheap and can be used to do arbit.

After using both smart chains, I realized that "one room and two doors". You must have BNB on a chain to send BSC tokens, the same as Ethereum blockchain. BSC will never be a competitor of Ethereum blockchain. BSC took the opportunity of Ethereum blockchain. There is none of this difference in the use cases. Now transaction cost is also going down the same.

BSC is giving good alternative for users if they don't want to pay ridiculous fees. But for those who don't want centralized platforms, they will stick to ETH network. Both networks are needed in this market, so it is up to the user if he will use both or one of these platforms. It is you how you will utilize these networks to your own benefit. Just be grateful that we have options in this market, and it is up to you how you will use them.

Ethereum is a time-tested blockchain, so I trust it, It takes time to test Binance Smart Chain.

This is a good theory, BSC is created to help the Ethereum network because they are not able to handle the load  :D. BSC is a centralized copycat of the ETH network and CZ is trying to copy everything that is available so that he will have a monopoly on the cryptocurrency market and that is his main aim by the way things are going.

yes you are right, CZ seems to be trying to monopolize the market. currently they have a big exchange, and a smartcontrac platform that is in competition with ethereum. if BSC can beat ethereum, in the future crypto will only be centralized.

For now I personally think I prefer Binance, because right now it is the biggest market in crypto, then obviously the fees are cheaper on each transaction, compared to ETH which costs are already unreasonable, but if the fees on ETH come back cheap, maybe I would choose ETH without leaving Binance.

BNB really adds up to competitions as there are many developers who see the value of this chain,

though ETH already adjusted the transaction fees there are already big support for binance chain

it's really tough to call now as both are moving forwardly and they are adding the value for their

respective supporters.

Although BSC is getting the full attention of today's crypto users, both in terms of transaction fees and speed of transactions. But I'm still interested in Ethereum. Ethereum smart contracts are still active for all platforms today. BSC is only making the second platform with BEP20 tokens from the base token.

I think that bsc caught a very good opportunity and made good use of it. I prefer bsc recently because of the commission rates. Eth fee rates continue to fall and this increases competition. I think this future competition is a positive development for the market.

Yes, both are good to use as an investment, as you said, the only difference is that the cost of binance gas is lower and it makes more and more enthusiasts, but even though the fees for ETH are high, recently the transaction fees have decreased, basically there is no problem we want choose which of the two.

I choose Ethereum, the ecosystem of Ethereum has been developing for several years now, which is beyond the reach of the newbie BSC.
Ethereum's drawback is high fees, but what will happen one day when the BSC is as congested as Ethereum? These two will surely be forgotten in the long course of history.

In recent days, the commission amount in the ethereum network is only 10 gwei, which is about half a dollar. I was selling a coin on PancakeSwap yesterday, and in order for the order to be closed in a timely manner, I had to increase the Gas, because the load on the BSC network increased markedly, and as a result, I paid a commission of $0.45, which is approximately equal to the commission on the ethereum network.

There's no rivalry in the first place. BSC becomes a good alternative because of the ridiculous fees in the Etherium blockchain.

If there are no crazy gas price fees that happened in ETH, and there are even cases that when the transaction got failed, you still pay high gas fees, I'm sure using ETH will maintain their dominance just like during the time of golden days of ICO where most projects are backed by ERC20 tokens.

Right now, I prefer transacting within BSC but it doesn't mean I won't transact with ETH anymore.

Yes, most crypto users prefer ethereum over BSC, But since most developers now are using BSC for their project most people have no choice but to follow the trend and use BSC. Once ETH switch over to POS i hope it would be faster and cheaper to transact.

I prefer BSC tbh because of the low thats all, ethereum fee is too high and not affordable but I'm very sure on day in the future, bsc network will be congested and the high fee will start, btc started with low fee, same with eth but now these twos are killing badly, looking at the project built on eth, they are really bringing development like that of the cartesi, bsc comes with tend and that's why everyone else are using it, time will come when eth will succeed and complete in their POS implementation and development equally the eth 2.0, let's see the future holds.

I agree with you. BSC is a highly innovative binance product development and is a solution that solves the problem of the high cost of ethereum.
but it looks like now we can see how ethereum transaction fees are also starting to decrease and are quite cheap. but maybe it's not as cheap as BSC.

There are still a lot of people out there who don't trust Binance. And they believe that BSC is a centralized Blockchain which is controlled by Binance (which is not true actually, although many of the nodes seems to be operated by Binance). The fee with BSC is in the $0.10-$0.20 range, which is almost 100 times lower when compared to Ethereum. Also, BSC is compatible with the Ethereum chain and many users believe that this creates some kind of interdependency between the two chains.

I have already wagered that Binance Smart Chain would overtake Ethereum in scalability and adoption. Why? It is backed by one of the biggest forces and organizations in the cryptoverse. And oh, low transaction fees and high dapp adoption wouldn't hurt too

I guess you're right. After all, Binance Chain is based on Ethereum. Developers can easily migrate Solidity-based dApps from Ethereum right into Binance Chain if they want to. While BSC is much more scalable than ETH, its biggest downside is the centralized network design. Binance controls a large portion of the network's limited number of nodes, making Ethereum a more suitable option for those looking into decentralization and censorship-resistance. With how far Ethereum went since its inception, it looks very unlikely Binance Chain will replace Ethereum anytime soon. It's works more as a complement than anything else.

Nonetheless, I believe that Binance Chain is here to stay. Its blazing-fast speeds and low gas costs makes it a great alternative for people looking to participate in "De-Fi" without breaking the bank. I'd envision a future where both Ethereum and Binance Chain (BNB) will live alongside each other for many generations. Ethereum will be the smart contracts platform for the people, while Binance Chain will be the smart contracts platform for companies and businesses alike. It shouldn't be long enough before the aforementioned cryptocurrencies become a part of our daily lives. Just my thoughts ;D

Until now I still choose Ethereum Cryptocurrency, because the market value is still stable, and also Binance Chain will be good in the future.

Yeah right BSC really creates new opportunities for those developers who are looking for alternative,
while ETH have huge fees way back though they are currently adjusting, but still far from how much BSC is offering.

We can't tell which is which, going to depend from how investors or traders will see which one is much better when using the system.

Still far from this two chain, there are more offers to come as developments are progressive.

I will also choose both and totally agree, everything in these both coins are really great especially on how they still manage to maintain their standing in crypto world during their downfalls. We already see how good the both of them, how people trust them and wait for them patiently to increase again. Experiencing downfall in this investment is just normal, it is it's flows and we must expect and accept it.

Most people will go with Binance Chain because of its ultra-low fees and blazing-fast speeds. Convenience/ease-of-use is a must these days, as the world moves at a fast pace. Ethereum may be decentralized, but its high gas fees and sluggishness kills its mainstream adoption in the long run. Of course, Binance Chain is not perfect. But it's the best thing there is for people to get into "De-Fi" without "breaking the bank". Fortunately, ETH 2.0 is near completion. Once the upgrade is fully activated, Ethereum will become great again.

I wouldn't say BNB is better than ETH or vice versa because each platform has its own advantages/disadvantages. People will get to decide which platform to use from the other depending on their daily needs. As long as both projects are continuously supported by their communities, nothing else matters. Competition is good because it makes crypto land a better place. It looks like both ETH and BNB will remain close in terms of market cap (and mainstream adoption) for the foreseeable future. Just my opinion :)

ethereum is the best investment right now for me maybe for you too. But for day trading, of course, it is better to switch to the BSC network.
and BSC also for the matter of fees is quite cheap than the Ethereum chain but whatever the case, in the end, we have to talk about decentralization and that's where ETH is better of course. BSC will definitely be more centralized in the future.

Yes,you are right. I am agree with you.This two coin are very popular. Now a days it become Very popular. But the problem of ETH network now is so much congestion, high gas fee compare to BSC that we can only pay a small and cheapest gas fee plus the speed of transaction is one of the good features of BSC network.That’s why now a days bnb is most popular coin.

There is no comparison here for those who support decentralisation of Cryptocurrency.  Ethereum is not fully decentralized but it is better than binance smart chain.  By the way,  binance smart chain was fork from ethereum and it is public knowledge that all the nodes on binance smart chain are centralized unlike ethereum!

Creating Binance Smart Chain is one of the brightest idea of CZ.  They have catered lots of projects that hates the high fee of ETH.  If asked to  choose between BSC and ETH network, I would go to the cheaper one because the user experience is the same.  Aside from that, Binance coin has a greater potential to increase in a much higher percentage than ETH.   

Actually, currently, the Gas fee for ethereum transactions has started to improve. no more than $1 I guess for every ethereum transaction. but indeed sometimes costs change and it depends on the situation.
but due to the current popularity of pancakes, it's more profitable to trade BSC tokens than ethereum.

Have you just woken up from sleep so you still say the Ethereum chain is currently quite expensive, try visiting this site https://etherscan.io/gastracker which always shows the amount of Gwei which is already very cheap at this point, because five minutes ago I saw the lowest Gwei on the Ethereum chain was 8 Gwei only. ;D

BSC is still in a new category and the price of BNB is also not as expensive as Ethereum, so it's natural that the fees are still very cheap, now for Ethereum which is already very expensive when compared to BNB, transaction fees of around $1 or less are very reasonable too and that includes very cheap.

In my opinion BSC is the best choice at the moment for trading and offering altcoins.

But as soon as Ethereum 2.0 will become reality, gas fees and transaction throughput on Ethereum won't be a problem any more. So a lot of projects will switch back to Ethereum. BSC tokens are compatible with the Ethereum network, at least if they are built the right way.

now everything is better. but the popularity of today's better BSCs for use in commerce has already occurred.
many new projects in the BSC network are great to have. Trading or stakes in the BSC network are currently very popular in the crypto community.

Ethereum is my first choice then bnb. Eth platform is most popular and decentralized platform. Recently popularity of BSC increased for high fees of eth transaction. But, I noticed eth fee isn’t high at this moment.

CZ is a businessman so he knows exactly what he's doing. By giving birth to an Ethereum-based clone, Binance (the company) can take the whole crypto world by storm. Binance Smart Chain has been a widespread success due to its high performance and cost-efficiency. It's like Ethereum because dApps use the Solidity programming language. BSC has adopted the EVM (Ethereum Virtual Machine) for its own benefit, making it a great Ethereum-based alternative on the market. People who're looking to save money will use Binance Chain without thinking it twice. There are many attractive projects built into the platform including (but not limited to) PancakeSwap and Cream Finance.

Of course, BSC's high performance blockchain network comes at a cost of increased centralization. It's this factor which makes Ethereum superior than Binance Chain. Despite the high gas fees and slow transaction processing times, Ethereum has done well as the most decentralized smart contracts platform in the world. I'd choose Ethereum over Binance Chain anytime, because of its focus on decentralization and censorship-resistance. The market will ultimately decide which one stays at the top as the leading smart contracts platform in the crypto/Blockchain space. Ethereum has retained its position even with BNB in play, so it'll dominate the market for quite a long time. Just my thoughts ;D

even more so BSC offers a cheaper fee than current ETH. it's really a profitable thing, and it's no secret that people are currently eyeing BSC over ETH. however, sooner or later, I think BSC will exceed ETH. Yes, but at this time, ethereum is still dominant compared to BSC.

As long as Ether chain can keep cheap gas fees with Gwei under 30 I will prefer to use it.
if gas cost too expensive I will use Bep20 or Polygon  :D
With 1 Matic I can swap many many transactions.
BTW, I'm a big fan of Pancakeswap

Me too，the cheap gas fees in BSC is totally attract me. BSC is a newly developed new chain with the world's largest exchange behind it, so that i think its more potential than ETH. Besides, BNB is cheaper than ETH too much, there is more room for BNB.

With all its advantages, id prefer Binance Smart Chain due to the fact that it has its low fees and faster transaction speed. I believe Eth's network advantage is that it is well known to developers and easy to access however network traffic is such a nuisance and probably one of its biggest disadvantage.
Another thing is that I believe centralization isn't much a problem in BSC.

The fees become really a problem for all users of ETH but it also become an entry barrier for some small investors that want's to invest in ETH  based tokens. That why most people prefer to invest in BSC for more cheaper fees and almost same transaction speed.

No doubt that the Ethereum is still better in some of the aspects, I guess because Ethereum is just the 2nd best cryptocurrency or just one of the early projects. So there are diffinitely a lot of different projects that is supporting Ethereum or that is made in the Ethereum Network.

Binance Network for sure is a competitor, but still it is just too early for BNB since there are still a lot of things that need to consider if the network is secure etc. When it comes to trust the Ethereum network is already trusted by a lot of projects and as well as have more experience in this field compared to BNB.

There is a big potential in BNB and people wanted BNB because of the low fees in every transaction but that is just because the network is jusy getting started, unlike ethereum that already has millions of users and projects that is doing a transactions, I mean low fees doesnt mean the it will be better. I dont think BNB will catch up to the market price of Ethereum.

Of course, I am very thankful that BNB was being created because without it BSC won't surely appeared here in this field of business, especially in the different campaign projects arise here in crypto space. Imagine if BSC didn't appear while the price of ETH is high
but the gas fee was too high I am pretty sure that most of the projects will fail in the end, but due to BSC has been appeared the new project arise here in the forum together with the bounty hunters found a replacement for ERC20 to continue their earnings here in the forum.

Well no doubt we all know Ethereum network was one of the best network so far but due to the congestion in the blockchain things are no longer the way there used to be  the network speeds became a bit slow and transaction fee increased so aggressively which made many users to  start looking for an alternative and then the BSC came up with less fees and a very fast transaction speed. This has made many projects to launch on the Binance Smart Chain network instead of  Ethereum

I think now that binance smart chain offers more convenient and more affordable gas fee and seeing how very promising the smart chain is I think that BSC is better now than ETH blockchain.

BSC helps every end user and developers, with that wide rise from ETH and the fees are really hurting every traders

and investors, BSC gives them breathing, a  good options to continue dealing with their trading business.

Timing was good for this new chain as developers can enjoy using this alternative and let the investors to enjoy.

BNB or Binance Chain is reliable and fast for me. As long as you keep it secured and lock your authorizations you'll be safe afaik

Ill go with Binance Chain
i tried to use it lately like last week, and the gas fee is low
in comparison to ETH in which its almost making a fortune just to move your token
i mean no offense but its way cheaper and faster.

You've forgot to mention that Ethereum is decentralized, whereas BNB is utterly centralized. The latter blockchain sacrifices decentralization/censorship-resistance for convenience/ease-of-use. Most people don't care about decentralization these days, so they'll go with Binance Chain anytime. It's a pity considering that this defeats the whole purpose of crypto.

At least, decentralized cryptocurrencies won't be going anywhere. Ethereum will still be the "King of Altcoins" because no other blockchain can compete with it in terms of security and reliability (besides Bitcoin). This is the reason why most developers build their projects on Ethereum instead of Binance Chain. As long as this is the case, BNB will remain behind ETH in terms of market cap for a very long time. Just my thoughts ;D

Yes, the points you wrote are an undeniable fact, that is the absolute advantage of ETH over BNB, it will take a very big pump if BNb wants to shift ETH's position in the crypto market.

Maybe "utterly" centralized is a tiny little bit of an exaggeration as they do have 21 validators. What I don't know though is how the geolocation of those validators is distributed and whether they also frequently change or are fixed (for a fixed period of time?)? I haven't been reading enough about it to tell whether collusion between validators could ever be a serious threat or whether there are any counter measures in place. 21 is still a very very low number compared to a decentralized network like Ethereum, but it is at least not a one man show as it is with real centralization.

My choice was Binance Chain because Binance Chain's main focus is on facilitating fast and decentralized trading. Binance Chain doesn't have much flexibility as it becomes clear that trying to run smart contracts in a system optimized for fast trading will make the network significantly congested.

Even though Binance Chain is growing rapidly at the moment, no Binance chain can't beat Ethereum. Binance Chain and Ethereum will continue to coexist.

Binance smart chain is the best for me, the main reason why I prefer binance smart chain because  the transaction fees are very low compared ethereum blockchain. I prefer to trading bep20 tokens because of it. Not just only low transaction fee but also the speed is very fast..

Both Binance smart chain and Ethereum is useful and great to use. I love to use them both. BSC always low fees and fast transaction. The only sad thing in Ethereum, even after the London upgrades, nothing has change in terms of transaction fees, still high. But I  don't think if there will be any changes after a couple of month, let's wait and see.

I have to say people just keep comparing close things for some reason that I do not understand properly, I mean why would you want to compare BNB and ETH if you could buy both of them? Let's say there is this 1000 dollars in your bank account, and you do not know if you should buy eth or bnb, or you do not know which one will profit you the most.

The best logical solution is to buy $500 each and forget about it, why worry about anything extra? I personally like it that way and I have been doing that for a long time, I do not think that it will change anytime soon neither.

I can promise you that if you buy both of them, you will be happier than just one of them, that is for sure because when they go up, they go up together and when they go down, they go down together, rarely we get to see one of them increase way more than the other, which does happen, like how BNB increased a ton this year from 40 bucks to nearly 700 bucks, but that is not common and I think the increase already happened so buying both would work better.

In 2021 the Binance smart chain began to be widely used. Even most of the new projects use the Binance smart chain. But the Ethereum smart chain is also still at number one. As new projects on the Binance smart chain progress, so does the Ethereum smart chain project coming with great coins.

Both Ethereum and BNB coins will last a long time in my opinion. BNB has the opportunity to continue to increase as more projects join and the transaction value in BSC continues to rise. But ethereum is already known by many developers and makes the ethereum network widely used by many altcoins. It's better to invest in both coins with a portion that we can manage

Yes the fee is too far, with ETH it require us to pay for huge fee for erc20 tokens and the cost difference between bsc and ETH is simply too far for us.
I think that is also why many new projects still prefer BSC because it's saving the cost required for both the project owner or the customers now even worse ETH price has increased and the fee also increased, really unlike BSC where even if the coin price increased the fee still cheap.

Different from me. I am more interested in Ethereum than BNB which provides a lot of advantages with cheaper transactions than Ethereum. For me, Ethereum is still great with the sophistication it has so far. And I see that there are still a lot of people out there who are interested in Ethereum. Even though BNB is proving to be the highest transaction altcoin at the moment.

A large number of crypto user used Etherium blockchain for Transaction and for others reason, but now Binance Smart Chain is one of the favorite system for user, its transaction speed is fast, network fees is very low. So as my opinion BSC is best then Eth blockchain. But it is true that Etherium is very advance than BSC.          

i understand your choiche to put binance above ethereum but isn't binance smart chain much less decentralised then ethereum , also i think there is a lot of scam's ongoing on bsc because of the low fees? , i also took part in bsc projects but i keep prefering ethereum

21 validators securing the network is an extremely small number compared to other blockchain networks like Bitcoin and Ethereum. This increases centralization as we speak. We don't know if validators are distributed in different regions worldwide. What if all of those validators are controlled by a single entity concentrated on a single place? Whatever it is, we cannot deny that Binance Chain is less decentralized than Ethereum itself. The alternative blockchain network (BNB) decided to sacrifice decentralization/security/reliability in exchange of scalability/convenience/ease-of-use. I'm sure most people will prefer ETH on top of BNB because of its decentralization and censorship-resistance. Neither coin will replace the other because they're two completely different things. How long will they last will greatly depend on mainstream adoption and community support. Just my thoughts ;D

instead, I see too many meme tokens now coming from the BSC network.
you can see for yourself how many projects are finally popular only for a moment and then destroyed.
but indeed, for now, BSC is still superior to the development carried out than ERC.
I also switched from Uni Swap to Pancake Swap.

eth has no meme coins but there are lots of ico scam coins before in eth so i think they are the same but bsc can be a winner to some due to its cheap fees but will the bsc ever retain this when the users grow and the bnb price grow ? same happens with eth that also started with cheap fees but later on it changed .

that's how the BSC network has the advantage and good capitalization at the moment. but the ETH network is definitely stronger. this is not a comparison only based on each person's taste to choose BSC or ETH

very interesting, bnb and eth are two coins that have smart contract eth is the second large market set eth which was once the only coin that has a smart contract.for so long no one rivals now there is already bnb that began to shift from the existence of eth.bnb is currently a coin that is very widely used by people because it has excellent liquidity and has a very cheap gas cost when compared to the cost of gas from eth.I think that's the reason why bnb many people use it.i also certainly prefer bnb over eth.most projects are now under bnb smart chain network.for the future eth will continue to be side by side for several generations ahead because smart contracts are very easy for new develop actors who enter the crypto world is also likely eth and bnb will get new rivals because some coins have started to have their own smart contracts, for example cardano, tron, and sol

All coinmarket tokens and coins are built on these two, Ethereum Blockchain and BSC Smartchain.  The use cases of these two smartchains are different.  The only way to compete with the Ethereum smartchain is with the BSC Smartchain.  At the current rate of increase in Ethereum gas fees, BSC Smartchain will not take much time to overtake Ethereum blockchain due to low gas fees.  You should also see the top coin of all cryptomarket create on Ethereum Blockchain.

I chose Ethereum. Of course because Ethereum is decentralized and censorship resistant.
Ethereum and Binance I think will survive as two good Altcoins that exist in cryptocurrency even though ETH is better and I also believe they will coexist as you said.

My choice is on Binance Chain. Honestly because of fees. About there are a lot of fake tokens or scam, since first we must know how to made ourself in a safe condition. Since in past even to open myetherwallet i type the website manually and all my exchanges and wallet, i put 2fa. And we must really suspicious if we get coin but not do anything with it, i never touch it btw.

Both tokens are very favourite of my portfolio so I think recent lots of project is usually used BSC network for their low costing good to go with a quick service so I think BNB Will go leading position very soon.

maybe before everyone used ethereum but after the presence of the Binance chain, so many people switched to using the binance chain because of the low transaction fees and fast processing. especially when ethereum transaction fees were very high a few months ago and made many users switch to the binance chain. and for now I'm comfortable using binance chain.

Right. Because each coin has its advantages, we can choose according to our wishes. But among the good there must be a better coin for us to choose.

Right now it's hard for BNB to go leading position replacing ETH, currently ETH market have been having a good sentiment but the same thing happened to BNB market too. But maybe if ETH keep having expensive gas then it's possible for BNB to replace ETH in the future and becoming leader. But with many popular projects appearing in BSC it will also help it leading the position too. It maybe depend on how many good quality projects appearing in BSC in the future to make the market bigger.

I think BSC exists to enhance ERC20, not to be rival the ERC20 blockchain, and I like both depending on where I need it. I usually use ERC20 as my long-term investment, and prefer BNB in ​​BSC as my daily trading activity because it is more volatile with low transaction fees.

It should be like that (in crypto it should be easier than banks).
Many people complain about Ethereum transaction fees.
But rest assured that after the hard fork things will get better on Ethereum.

actually, I really like both, and I've always used ETH too, even collecting it. however, for now, I tend to use BNB. although sometimes I still use ETH, but my activities tend to use BSC as a transaction or investment tool. however, currently I still like both.

Aside from the now very expensive transaction fees (although occasionally at a reasonable fees) I don't see anything wrong with Ethereum network, after all it was the first smart contract and many of us were too familiar with it, I guess being the only one at the initial stage without any strong competition makes things take an unexpected turn, too much pressure with all the erc20 project under the network creating problems, but ever since bsc step in as a strong contender the pressure on ethereum network is much less which imo is not a bad idea, it seems they where bitten more than they could chew. Both network are good in their respective ways.