Bitcoin Forum

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

I personally prefer BNB because of the less gas fees. But ETH is quite good as an investment. But due to its high gas fees, I don't prefer to do any transactions in ETH chain. But Polygon is even better because it has zero gas fees.

I would recommend you to read this article,

https://uk.finance.yahoo.com/news/ethereum-binance-smart-chain-blockchain-defi-crypto-074504608.html

It's quite useful!

Better on what aspect?

Ethereum is better if you are considering the size of its ecosystem but it is worse if you are considering about gas price, transaction fee on ERC-20 chain.
Binance Smart Chain is better if you are considering about its gas price and transaction fee which is much lower than ERC-20 chain.

However, if you are only considering quality of a project like this, shit altcoins are better than both Ethereum and Binance Smart Chain because they have nearly zero transaction fee. Seriously they are shitcoins and mostly can not survive more than 4 years. So are they actually better than Ethereum or Binance Smart Chain? In my opinion, they are not.

Back to your question, Binance Smart Chain is not better than Ethereum.

The answer will be very subjective depend on the personal opinion.

I will try to explain the answer from the different perspective.

Ethereum seems to be better in term of decentralization as ethereum has been running by thousands of nodes in the world. This means ethereum will be more secure and safe compared with the binance smart chain. In this case BSC is loosing against ethereum caused by BSC is only running by a few nodes. It's around tens or more.

When you are seeing this from the scalability and i will say BSC is leading and then ethereum. It's caused by ethereum was not scalable like BSC. the transaction fees is also very high compared with BSC.

Of course, BNB, the rapid development of BNB and the support of a strong and dominant market network makes me believe that BNB will soon pass ETH, especially the unclear issue of ETH2.0 which makes ETH users continue to decrease.

They are both ok, but if your concern are more about the fees then go for BSC since its way cheaper and faster compare to ETH network.
Though personally, I don't look much on the network of the project since my focus is more about the project and no matter what their network is, as long as they are a good project I will surely invest. These two network has been the option of many good projects, better not to focus much on the network and start looking for good project on any network.

Both have their own advantages and differ on the platform. if BSC the fee is cheaper and faster than the Ethereum network. On the ETH network, users always complain about the high fees, even though in the long term, ETH is able to provide benefits and still has attractive potential. Moreover, if system and network updates can be carried out, it will increasingly make ETH an effective choice.

If we are talking about affordability, it's BSC. In terms of reliability, ETH would be better. They have more experience within the space, and being the #2 crypto is reliable. I'm not a developer but I think it's still ETH that dominates in this kind of platform

Are you planning to create a project between those two coins?

Transaction fee wise, BSC. No questions. Investment-wise, Ethereum will still be my choice. Speed is also a factor as BSC has super speed that completes transactions in just minutes or sometimes lesser with less traffic.
I have read the news that Ethereum will rebrand.
https://cointelegraph.com/news/eth2-is-no-more-after-ethereum-foundation-ditches-name-in-rebrand
So, they are not stopping and while continuing the switch to staking consensus they are making a trend which is good marketing that could invite more buyers.

If you are looking for a cheaper gas fee then Binance smart chain is better. For investment I will choose Ethereum because of a higher potential to grow in the near future. I remember last year 2020 that I have more than 5eth and just sold for only $260 per eth  and just after more than a year the value of ethereum reached $4k. So now that ethereum is below $2k, it is an opportunity to buy and wait until market recover. In terms of ethereum gas fee, let's just wait the right time that it will become cheaper like other network.

I will pick BSC as a better blockchain than ethereum, I know this is less decentralized but who cares about the decentralization as long as i can send any money with very cheap fees and that's more than enough.
Ethereum was an outdated blockchain and so many people are feeling depressed with it. Ethereum is a blockchain for the rich guy. Come on man. Paid a lot of money to send a small transaction.
This blockchain is not relevant anymore to be called a blockchain. I think that rather than the decentralization of blockchain and people will be taking the fees as the main thing to determine which was a better blockchain. People are using it everyday and that's why they need to find a blockchain with small fees.

if you look from which side, if you compare scalability, gas price and transaction speed, then of course the BSC network is better, but at the expense of decentralization, I'm not sure that bsc is famous for this, but ethereum is still a decentralized network.

everyone has their own opinion about platform eth or BNB
I personally prefer BNB because it is more friendly in shipping, unlike ETH, where shipping costs are often not synchronized between expenses and income (loss)

Binance smartchain is good enough but i will not say this one is bad. The fact that if BSC is full with piece of shit. So many scam tokens are on binance smartchain and it seems like that the popularity of binance smartchain is so big among the scammers. In this case i do believe ethereum is far better than binance smartchain. I do like the high fees has been giving the ability for the scammer to create more and more scam tokens. I don't like BSC and this chain is flooding the market with so many scammers. Scalability was good but it can also become a boomerang for anyone.

Ethereum have worked their way to be in this position. Roots are important especially in the cryptocurrency industry. That means a highly trusted company/being is behind it unlike any other altcoin that was created which will be dead in a few years. That's why I pick them as my second asset next to Bitcoin.
But, when you are making a lot of transactions by now you should try something else because Ethereum is in difficult times with high tx fees. That's where Binance Smart Chain comes in. Ethereum will always be better but patience is needed up to the completion of their change to POS.

When it comes to network fees, BSC has the advantage over ETH for now.
But some are still preferring ETH because of its decentralized nature.
So as a user, it depends on your preference here. Fees or nature of the network?
If ETH will resolve their long-running gas fee problem, will people go back to this platform?
Probably yes, because its position in the market has been established already and many people are trusting this network because it is more decentralized.

if we will gonna make a comparison probably for now binance smart chain in my personal opinion wherein since BSC network has a very low fees nowadays and as usual ethereum still not fair since the day fees increasing too much until now.. Infact a lot of people are now using bsc network because of that reason. So for now binance smart chain is better than ethereum.

Ethereum is the best but BSC came to solve the gas fee issue as we know it, to me presently one can't do without the other so I don't hate any, the only difference is gas fee, in future if Ethereum solves this high gas fee issue I don't know what the fate of BSC will be.

Ethereum is by far the largest platform for providing smart contracts in the cryptocurrency market. Mainly for a very simple reason, i.e. it has been on the market for the longest time. The fact that a large number of projects and users at the same time use this network has made transaction fees enormous, making Ethereum impractical for microtransactions. The Binance network is a copy of Ethereum but with some minor changes that make transactions faster and cheaper. At the moment, the Binance platform is more practical. However, everything will probably change after the implementation of Ethereum 2.0, which will take place soon.

I have always prefered ETH when asked "which is better" but I end up using BSC because it is cheaper.
I know that sounds like a hypocrisy to many people but I just do not have the funds to use ETH, that is why.

I would also prefer to have 1 BTC but I only have 1 ADA instead (example), not because I prefer ADA, but because I can't afford BTC, same idea. If I had a lot of money and did not worry about the transaction fees then I would be able to trade with ETH or use projects in the ETH network, and I seriously think that it is much better.

Not in any tech way, I am sure that BSC is as good as it gets when we are talking about blockchain technology but when we are talking about decentralization, BSC is highly centralized and all based around Binance and CZ, whereas ETH doesn't have that, even Vitalik could be told to go off if people dislike his idea.

That is true. Everyone will just look at ETH for having high network fees. While for the BSC network, we all see how cheap its fee compared to the main chain of most projects.

But in terms of success, I'd say that it's Ethereum and it's more decentralized than BSC.

Unlike in BSC, even you're going to send $1-$5, you won't think of the fees because they're just centavos.

By platform you mean one of them for a project to be developed or to join the project developed by one of them. Then nowadays the competition of both of them are going very well both of them are better from each other in one feature or in another. BSC is new born and smaller than ethereum but people often adopt it because it has low transaction fees and users find it better for themselves to adopt it and in this way the investors invest with them. On the other hand ethereum is bigger which influence users but because of high fees people only select to invest and find it costly to use the coins on it but this platform got bigger support from polygon which enable the users to transact without high fees. The developers of Ethereum are also in the struggle to reduce the gas fees.

What do you mean by better? Are you comparing them on the time you need to get your transaction confirmed? The fees you need to pay to make a transaction? Their developers? Their usefulness? Their long me potential? Or something else? After all if we were to consider several characteristics of each one of those coins we will find that in some aspects ethereum is superior while in others BNB is the best out of the two, so your question is too general to be answered accurately.

I am not sure which one is actually better. Ethereum network is one of the oldest networks so far and has been used by numerousERC20 projects. But currently, the fee is very high which made me dizzy every time should send the ERC20 token.
On the other hand, BSC is new enough compared with the Ethereum network, it may still have some weakness. But what I really like from this is the fee is still very low. I don't know if it will rise up someday. But forme these days, I think I will prefer to BSC network.

Depends on what you ask. When it comes to using it in practice, at the moment Binance Smart Chain is much better due to the speed of transfers and, above all, much cheaper transaction fees.
Both projects have great potential, so when it comes to investing, I can recommend both of them. However, in my opinion, Ethereum, after realization of fork and update to ETH 2.0, will become a much more extensive platform than BSC.

I’d just prefer binance smart chain with its simple fact that it costs less using this platform, although ethereum has quite many projects in the platform but binance smart chain is also already quite popular with the fact that binance smart chain itself is also getting populated with so many memecoins in the platform, kinda proves itself that it's quite famous platform.
also, quite many projects that are metaverse and gaming are also starting moving over in binance smart chain just because its just better in aspect of fee and unlike ethereum, these gaming platforms could use the smart contract platform almost seamlessly.

Ethereum - huge fees but with a wide network that it helps to keep strong and still in high demand.
BNB - small fees but not that widespread compared to ETH.

There are too many platforms that exist in the market today that could possibly outperform BNB and that is why we could see their developments are going slow.

I'm still using ETH till now and that was because the majority of my coins are using ETH. I can still save some costs if I transfer them in bulk, that is the only way I see.

Ethereum blockchain is best IMHO cause it has largest marketcap as well as still new projects are building up with it. Only because of higher transaction fee, i can't say bsc is better than Ethereum blockchain. Binance Smart Chain just successful to minimize fee, otherwise there are manu things where ethereum is ahead for every matter. Even if bsc get more popular, then fee will also increased. And if binance exchange got hack then bnb might be lost its price badly & bsc might be lost popularity

If you are asking about the Networks I guess we all know as a fact now that it is much cheaper to transact on Binance smart chain BSC than ETH just because of the gas fee. Until this gas issue with the Ethereum network, I believe everything was ok just as with the BSC but the high ETH transaction fee has really gotten out of hand.

Both have their own advantages, for example BSC with low network fees for each transaction. However, BSC has a lot of scam tokens because of the low fees scammers are easier here. ERC20 with a very expensive cost as a constraint. however, have a lot of quality projects on this network. The average project published on the ethereum network is serious in carrying out the project.

Both have their respective advantages, but for now the better platform is ETH although the transaction fees are very expensive, but by using the network we can get a lot of airdrops, the expensive transaction fees also make there no dusting tokens on this network.

ETH has the largest cap among all? larger than bitcoin? I am not sure with that but binance smart chain is also growing day by day and I believe that in no time, its marketcap will be the same as eth or maybe more than that.

Devs created a project under the BSC because they want more people to get involved with their project and that can give them more income as well not unlike to eth that only a few people that will get involved on their projects or mostly people that have enough capital and wont mind spending big for the fee. BSC is related to binance but the hackings that can happen in binance exchange are not related on the BSC network. It doesn't stop people from using BSC.

For consideration of transaction costs and speed of course BSC is better than ETH, this is what makes BSC's popularity skyrocket and becomes the strongest candidate to replace ETH, I'm sure if there are no negative issues about BSC like what happened with Solana then a maximum of 2 more years BSC will replace ETH.

well, currently ethereum is still the best coin after bitcoin. however, personally, I use BSC more than ETH. well, the reason is a common thing, namely because the fees are very cheap compared to ethereum. I heard that ETH 2.0 will make ethereum fees cheaper. if that happened, it would be very difficult to make ethereum fall from its throne. however, for now, both the coin and the network have their advantages. even when I said that ethereum was better, I still stick with BSC to this day.

Eth folks like me have been looking for a way to avoid the costly transaction fee. With an alternative to it, BSC is the one that has caught the attention and solution for defeating that problem. But it shouldn't be like this forever as we're still into many erc20 tokens for transactions.
ETH should be the one standing on this problem and solving it quickly. It already took a year or two AFAIK and yet the fees are still haven't been cheap. Sometimes it's cheap but that cheap is still costly compared to BSC and it happens only randomly, we need that to be stable for real.

Yes, it has been our struggles last 2020 but never had changed and the fees are still high and the availability of the BSC platform saves the majority who are still using ERC20 tokens. In fact, I have some stuck ERC20 tokens in my wallet but can't move them as it was costly, and the amount isn't worthy enough to pay $15. $10.

If there is only another way to transfer our ERC20 token, many will totally leave ETH. But I think the market is so unfair, we haven't any other option but to use ETH if we have to.

I will prefer Binance Smart Chain. Binance Smart Chain (BSC) have made crypto very vibrant in recent times basically because of the low gas fees. This is really unique. Sometime I wanted to send an Ethereum token of about $10.00 and my gas fee was $15.00, so of what use is the transaction when the gas fee costs more than the token you want to send? Most activities in the crypto space revolve round the movement of crypto assets from one point to another. While ethereum is equally good the gas fees have made it the rich man's crypto - in my opinion. That is why Ethereum team are working towards Ethereum 2.0 to achieve lower gas fees.                                                                                                                                   

both are quality, but BSC is used for people who want to transact at low prices, but the content published on the BSC network is mostly not for long term. The ethereum network is indeed very expensive, but the projects published on the ethereum network are of very high quality and even last for the long term.

I think it depends on the use case. ETH, by far has a larger use case than BSC. That's explain why very big project still build on ETH. But in terms of gas fees, BSC is a better option. However, we are having other projects with cheaper gas fees these days. Maybe they will overtake BSC

Ethereum : High gas fee and Decentralized because it uses a pow system in the ethereum network
BSC: Low gas fee and Centralized because it uses pos system.

I chose both because both blockchains support EVM, you can view Bsc and Ethereum Balance in one click by adding network RPC.

I think it depends on how you use it. both are equally good, the ethereum network will not feel if we trade in large quantities, but for someone like me I will maximize the use of the bsc network because only small transactions and the average coin I trade using the bsc network

For now, i think Binance Smart Chain is better than ether and among all. Ether is also best but i try to avoid transaction on ether network as much as i can and always looking for "if that altcoin is available on "Binance Smart Chain" or not. Because personally it pretty hard to afford high fees for me. Solana matic blockchain are also best but still few altcoin are transferable.so currently i would like to go for Binance Smart Chain

Binance Smart Chain (BSC) is a hard fork of the Go Ethereum (Get) protocol.
Thus, BSC has a lot in common with the Ethereum blockchain. However, BSC developers have made significant changes in several key areas. The biggest change is the BSC consensus mechanism, which allows for cheaper and faster transactions.

That is the thing about crypto, there is this thing in the crypto world where we could basically just end up with paying a ton of money but also end up paying a ton for it as well, or we could do smaller and tinier but a lot more moves to get the same amount. So, would you rather do 1 trade that earns you 1000 dollars or 1000 trades that earn you 1 dollars?

The results would be the same, but the work is bigger. This is why some people prefer ETH, they know they will pay more for the gas fee, but they know that ETH is more profitable for them and that is why they choose it, I may not do that or you may not but there are tons of people out there who are seeing it this way.

from the umpteenth time my platform remains ethereum even though the costs are very high for now and I'm sure if a project, especially a bounty that provides an address on an ethereum basis, can be relied on later good future.

Which is better is a hard question because "better" is defined by each person individually, but if you ask me which chain i prefer to use at the moment, then the answer is pretty clear for me: BSC. The reason for that is really simple and probably true for a lot of users at the moment; the fees on the BSC chain are just way lower than on the ETH chain. While a normal transfer of an ERC token can easily cost 20$ at the moment, it only costs a few cents on the BSC chain so the choice here is pretty simple especially if you are a small fish like me that only sends around a few hundred dollars worth of tokens max.
That being said BSC is just a blatant copy of ETH and if the fees would at least somewhat similar i would always chose ETH oder BSC.

Ethereum and BSC are both good relying on the purpose you want to use it on. Both are good to invest in for long periods of years.
In trading altcoins, I would use BSC over Ethereum. I wouldn't dare to use Ethereum due to high-cost fees.
What am doing now, is to buy and hodl Ethereum. The launch of ETH 2.0 can probably make a huge impact on the price of Ethereum in year's to come

At the moment, Binance Smart Chain is better for me. The reason for choosing BSC is that this smart network has significantly lower fees. This is one of the important features of this network, unlike Ethereum. I now work almost exclusively with cryptocurrencies and crypto projects that work specifically with Binance Smart Chain. This allows, as I said above, to significantly save on commissions, as well as to have the same characteristics of the Ethereum network.

Yeah definitely both are good and very useable, both are also good for investment either for short term or long term investments however they only differ in the approach of gas fees that the user may pay to their transaction using this platform or blockchain. For me, I can say that BSC is somehow a user friendly when it comes to gas fee and that's the drawback of Eth blockchain that every user are keep on complaining.

So far the debate between Ethereum and BSC has always been a question of which is the best because so far both platforms will continue to develop with blockchain technology in the future, so to what extent would you use the platform if you really want low fees. , of course the best option is BSC which currently the transaction fees on the platform are very low if we compare it to Ethereum, but back to what we need as both platforms will continue to innovate over time.

Ethereum and Binance Smart Chain since they have almost zero exchange expense. Truly they are shitcoins and for the most part. These two organization has been the choice of many great tasks, better not to zero in much on the organization and begin searching for great undertaking on any organization. Besides, in the event that framework and organize updates can be done, it will progressively settle on ETH a viable decision.

I don't know about technology behind them, But for ERC20 and BEP20 i will prefer BEP20 network for now. For people who only have limited resources like me, fees can be a problem especially if the coin that i want to trade have same profit or maybe profit less than fees that i must pay. But now with BEP20, i can choose token in that network and pay fees much different that ERC20 network and it is really worth to do.

If you consider the whole ecosystem, you will see that Ethereum is way much better than Binance Smart Chain. But it is the gas fee that is killing Ethereum. We should wait until ethereum consensus layer (previously known as eth 2.0) upgrade fully rolls out which might help reduce the gas fees. Binance Smart Chain on other hand is said to be more like a centralized chain mainly under the control of Binance. Compared to this Ethereum is more decentralized. If you are looking for holding coins, then Ethereum would be better than BSC. But if you are thinking of making regular transactions, avoid Ethereum.

depending on the individual, some people will prefer Binance Smart Chain because gas fees are very cheap and others say Ethereum is better because it is very good for long-term investments. both have advantages and disadvantages of each.

so i can not choose and explain in detail, which platform is better between the two. both are good platforms, so we can use both at the same time.

If you mean the network then I prefer Binance Smart Chain because less fee and also fast transaction. I do like ethereum network it is also fast but the problem of the ethereum network is the fee is too expensive, I really don't want to pay high fees using this ethereum network. I'm still hoping that one day ethereum gas fee will be fix and will be the same as Binance Smart Chain fees..

Only the fees that BSC had made an advantage against ETH but overall, the ETH network is still in major use even today. And one reason is that ETH has already been established strong, major projects are using the ERC20 platform that couldn't leave ETH on the space. If we just have the option to use other platforms even it was ERC20 tokens, that for sure traders and investors are already ignoring ETH but still don't have and live no choice but to pay for the huge fees.

basically, ethereum is very good indeed. proof that even when the fees were huge, there were still a lot of people using it, even ethereum hasn't moved away from the best coin after bitcoin, and still has high volume today. however, many people are looking for alternatives to payment and use BSC instead. however, if the ethereum fee has returned cheap, it will put ethereum at the top of the altcoins. however, right now I might be inclined to use BSC, however, I don't doubt the potential of ethereum.

I also really agree with your opinion, many people prefer to use a smart chain network than the ethereum network, the ethereum network is also very good and fast but unfortunately now the cost of the ethereum network is very high, so in my personal opinion I prefer the network.blockchain because it is cheaper..

Though at present many developers would prefers BSC network based on it low transactions fee and fast network however that does not make it better than ethereum blockchain, though ERC is facing a big challenge on it high transaction fees which is prompting new developers to shun it's network, however ERC had managed many successful projects efficiently in the past, had it been they have a low transaction fees few developers would have utilize BSC network, while majority would have adopted ERC network.

Basically, Ethereum and Binance Smart Chain (BSC) are two of the most popular and well-trusted blockchains, although I prefer Binance Smart Chain because of its low transaction charge (Gass fee), but both are excellent blockchains for facilitating successful bitcoin transactions.

Ethereum and Binance networks operate on very similar principles. As the number of BSC users increases, the transaction fees will also increase. In time, the fee prices will probably increase as it happened on the Ethereum platform. At the moment it is much better to use BSC, but in the future (after updating to ETH 2.0) the situation may change and it may turn out that Ethereum will be cheaper.

That's already the option that we have and to use the other available chain that altcoin we hold supports. It's really helping a lot in saving fees but we really just can't see people leaving Eth because it's currently at the top and it's being sustained by everyone.
I guess everyone will really leave it if we have a better choice and the volume of ethereum decreases. But that's not the case and it's not going there by any chance instead, the price is recovering from the dip that it has got in although for now, it's again dipping.

I don't know which one is better but I prefer the BSC platform because of the much lower network fees than the Ethereum platform. Talking about the ETH platform I hope that ETH 2.0 will be released soon and the network fees on the ETH platform can be reduced drastically because I have several altcoins on the ERC20 network. I'm pretty sure if ETH 2.0 is released and network fees normalize, it will strengthen ETH's position as the king of altcoins and have great potential to rival Bitcoin.

Platform? Maybe we can call it a network, much better.

Generally, the creation of BSC is derived from the ETH network. We can fairly say that both networks are fast but the main concern is fees. BSC won't be created I think as a priority if no big fees happened using the ETH network.

For now, it seems that using BSC network is more convenient, much especially if we are concern about the transaction fees.

I prefer Etherium over Binance smart chain. Etherium projects are generally for long term and solid ideas behind project while 60% of Bsc projects proved scam or just meme project and not good idea behind project. Bsc network is good for inly gaming and NFt propose as it cost very low fee than Eth network.

Both platforms are very many users for now, because both are platforms that are easy to make transactions, but for now many are using the Binance Smart Chain platform because of the very cheap gas costs when compared to ethereum, and many investors who have chosen the coin to make investments in the long term because it has the possibility to increase later, And currently we can also use Polygon network which is very low gas cost and safe for us to use.

It's true that currently many development teams are switching to the BSC network because the network costs are much lower than the ethereum network. but even so this is not a reason for me to leave the ethereum network completely because the impact of the very high network fees makes the price of altcoins on the ethereum network have a fairly high price and very good for long term investment.

these smart contract platforms blockchain are quite similar in terms of the projects and dapps that are provided by various platforms in that smart contract platform, BSC and ETH is like a twin I think if it comes to that, regardless BNB
is significantly cheaper and it’s also the reason that makes BNB getting so full of shitcoins and all. Also, this is like a platform that’s created for beginners specifically made that way by the binance themselves.
There has been many cases of scammings and rugpulls happening in that platform because so many newbies buying some shitcoins thinking they could become billionaire next month.

In what case is that?
Both have an almost similar system and also pros and cons.
They also have some lack on so easiness of creating such tokens in their blockchain so that many scammers can exactly create a new token.

But, if this is a matter of gas fee, I will exactly prefer to choose BSC from Binance. because this is more affordable and okay for me. We know that high fees are sometimes killing us, transferring small amount of the money but should pay high fees with high minimal withdrawal amount. This is so sad.
ERC20 was a good choice at the past time because the fee was low. But now, it is changing an dthe fee is so high

Before expensive transaction costs I actively trading in Unishwap, now almost a year I have never been transactions with Ethereum, expensive transaction costs make me prefer trading in BSC or Polygon platform, while the transaction and swap costs in BSC are like in pancakes or apeswap.

I agree with you for a very long time I have not been trading on sites on the ETH network, I prefer BSC or Polygon platform and all because of high gas fees  ;)

BSC's position is getting stronger and soon shifts ERC, this is because BSC continues to grow and becomes a serious threat to ERC, low cost and speed are things that can't be compared with ERC so that makes me optimistic that BSC will soon replace ERC.

Either of that would get the job done so I'd say whichever is cheaper at the moment. I heard ETH's gas fees are becoming a pain in the ass lately. That makes BSC more favorable over ETH alone. BSC is backed by Binance itself in the end that makes BSC as good as ETH if not better. So, I think BSC is better to go with.

I thought Binance made their coin as a copy of Ethereum. I don't understand the major differences between the two blockchains, other than the cost of fees. I think BSC is less secure because its protocols have been hacked very often, but I can't call Ethereum secure either. All in all, depending on the project you are interested in, you need to choose a blockchain.

both platforms are actually good, ERC was born first than BSC if you calculate the gas cost then eth is more expensive than BSC.  however BSC was born from the ERC network in the first place.
to determine which one is better I can not choose one of them.
but because of the lower cost of gas I think nowadays many are using BSC and so am I.

What coherence between gas up on eth than BNB? I think if you buy ETH on exchange market is not any worry about fees but just happening with coin have network with ETH, now we are investing with ETH not with coin have network ETH, you need understand about the OP asking which one is better between ETH or BNB. I think looks not understanding when investing choose between BNB or ETH why have to talk with gas fees up from ETH network?

In this review (https://cryptogeek.info/en/blog/top-7-altcoins) of top 7 altcoins with the most potenntion, there is not even a mention of Binance, and Ethereum is in 1st place. I think this is an indicator that Ethereum is better.

Currently I prefer BSC because shipping costs are more pocket friendly than ETH which is getting crazy about the fees they apply, I don't know how long ETH FEE will return to normal

Only Binance. I honestly don't know why anyone uses ETH anymore.  Today it is almost completely useless.
As a developer I tried to build an app where I could pay my kids allowance in a ETH based token.  Well to send my daughter her $10 weekly allowance will cost me about $35 in gas each time.   WTF?!
I ended up porting my app over to SOL and now it costs me a fraction of a penny to send that same $10.

Ethereum is still better than Binance smartchain even though it is currently having some network fees issues that will be resolved when the ETH2 is released. Ethereum is more popular and has more developer working with the blockchain than any other blockchain out there. Ethereum has established itself with genuine growth instead of hyoe when the blockchain has nothing that show.
For many of the so-called better version of Ethereum to surface, they needed the support of Ethereum through crowdfunding or getting listed on Ethereum decentralized exchanges to get some trading volume. Ethereum will always be the better blockchain, they just need to fix their fees problem.

I think both of them are the best among other chains in cryptocurrency at the moment, the ETH chain does have a fairly expensive gas fee for now, but we can't deny that ethereum is still the ruler in terms of smart contracts and for now BSC is still very far behind ethereum, while BSC, I think only superior in terms of low gas costs while for other factors of course ethereum is still at the forefront in my opinion.

Of course Ethereum is much better.
Ethereum is supported by very experienced cryptography coders where we know it's a mission to build a world-leading product and make Ethereum an internet ressource.
Ethereum has so many coders integrated for a decentralized web.

Binance is a good exchange but it clearly can't compete Ethereum. Binance is very centralized and has no famous ambitions to keep it up to Ethereum. Binance Coin is just hype based on Binance's success so far and can't be compared to Ethereum.

it doesn't matter who comes first. currently, the utilization of what was developed by BSC also comes from the development carried out by ethereum. not even only BSC, some other networks do it too.
but we have to understand the current situation. the utilization of the BSC in trading on the crypto market is smoother and busier. maybe it is related to the more expensive cost of ethereum. but after all every system and product. must have had their heyday.

It is a fact that BSC chain is an exact replica of ETH, i am not sure about other networks that copied the same source code because i never checked them, but i think Solana is built for scratch.

Yes the reason other networks are gaining momentum is because of the scaling issues of Ethereum and this is the best opportunity for other networks to gain a good foothold in the market. BSC is doing that with their influence they have and some of the other chains have gained a lot of supporters as well.

Exactly! For many BSC is far better than ETH and they have their own reasoning, including me and I also invested and used both. For now ETH is leading but its gas fee as you guys mentioned is really high and discouraging for investors but it is not that they cannot afford but the money itself will be wasted. While BSC, is much preferred with its low gas fees and smooth system. That's why it is more attractive to the investors.

It is its advantage and that's why many are supporting this chain and investing more with BNB. But for Ethereum, it's taking long but even they're taking it too long.
There's still a lot of transactions happening and the fee is still tolerable for some reasons even we have no option. We just keep on transacting even if a transaction that we do requires around $4 or more just for the gas fee.

I am using Binance Smart Chain. I don't use the Ethereum chain unless I have to. Transfer fees are really high. I don't want to waste my money for nothing. But my choice will be Ethereum. Because Ethereum is the first successful product of the smart contract idea. BSC is a simple copy of Ethereum. Contributing to the cryptocurrency world, Ethereum always carries great potential in the future. Networks like BSC are just simple copies. There is no innovation they have added to the crypto money world.

Although BSC is growing rapidly but I think ETH is still the best, we can see that most big projects use the ERC20 platform, and I'm sure ETH's position will continue to survive even someday it can become king by beating bitcoin.

I choose eth
I prefer eth because eth is the best altcoin and I like projects that use eth as a platform because there are very few scams that I found there but the weakness for me is that gas costs are too expensive but apart from the expensive gas costs, the rest eth is the best for me.

Ethereum (ETH) started as a concept paper by Vitalik Buterin in 2013 and was launched as a standalone blockchain in 2015. The Ethereum (ETH) blockchain includes smart contract features that allow Decentralized applications (DApps) to be built. However, Ethereum's size has emerged as a problem, with network users being charged high gas fees during certain periods. (Gas refers to fees paid in exchange for interactions with the Ethereum blockchain.) Ethereum stood the test and dominated the cryptocurrency space, although  scalability issues caused users to start looking elsewhere.
In contrast, Binance Smart Chain (BSC) was launched as a side-by-side add-on to Binance Chain (BC), blockchain cryptocurrency company Binance, founded in 2019. Binance Chain (BC) was built primarily for commerce rather than construction. Binance Smart Chain (BSC), on the other hand, arrived in 2020 with more build features.

Which is better: Ethereum or the Binance Smart Chain? - In my opinion, Ethereum (ETH) is better than Binance Smart Chain (BSC). I also suggest CRD Crypto.

Depends on what you're comparing them for.

ETH is clearly the more powerful chain in my opinion, with a lot more dApps and just people in its ecosystem compared to BNB.

But if you were yield farming as a retail investor I would definitely go for Binance just because of the cheaper fees. It is almost impossible to put transactions through without having to pay hundreds of dollars in fees when you're transacting on the ETH chain.

Clearly the BSC network is coming out much cheaper than the ETH network, the problem of the ETH network is enormous and in order to lower costs a great job has to be done, at least with ETH2.0 some solution can be seen, but the The congestion problem not only occurs with the ETH network, but also with the BSC network, the only thing is that all this occurred thanks to the huge number of projects based on the BSC network in 2021 which were mostly NFT games.

Both the ETH network, BSC as well as the nascent ones like Solana, Polygon, at the moment that congestion occurs, the fees will increase, the idea of all the betatests is that they can be considered as a general solution for this.

in my opinion both platforms are the best in cryptocurrency. but for now I think Binance Smart Chain is better than ethereum because binance transaction fees are smaller than ethereum. because in carrying out transactions must consider the specified transaction fees. and binance is the best in terms of transaction fees than ethereum.

Besides transactions of course another factor is speed, with the cost of $12 to send ERC it took more than 10 minutes to reach 12 confirmations, whereas in BSC with 12 cents it only took 30 seconds to reach 12 cents, I've tried it many times, although still under ERC but I'm optimistic that BSC will beat ERC soon.

People who are used here also want to trade at a lower price but most of the published content in China is used but long term network but published and even lasts for a long time.  bsc

Ethereum blockchain is much improved and Ethereum blockchain to create high-level contract address and it is much  secure.  but BNB popularity is due to its low transaction fees. And it is popular for some more features of Binance Smart Chain. However, considering these aspects, I like the BSC chain more then Eth

Each one of them has its use-cases: Ethereum is a virtual machine (network) to deploy smart-contracts and Binance smart chain is one of those running contracts in the Ethereum network. It's a little bit confusing to distinguish between both of them but i can understand how users prefer Binance Smart Chain over Ethereum because of the actual condition of Ethereum network who suffer from scalability issues which caused the augmentation of Eth Gaz fees to broadcast transactions.
To avoid ambiguities, Eth is the token developed to monitor the Ethereum virtual machine (EVM) and Bnb is the token developed to maintain the Binance Smart Chain

True. Everyone must choose BSC network because they are not happy with the current gas fee in Ethereum. Ethereum gas fee is never resolved, the price is still expensive. Ethereum developers only care about the transaction speeds, they don't care about the transaction fees. People are very unsatisfied with ETH performance lately.

Both are very good.
ETH is considered the most secure and decentralized platform, but with congestion and slow transaction processing and high fees, people rarely use ETH for day-to-day transactions.
BNB has cheap transaction fees and fast processing speed. But in terms of decentralization, the winner belongs to ETH. It depends on your needs: those who trade often I think BNB will be more suitable, those who like safety and security can choose ETH.

Currently, ethereum only has a very large fee drawback. this is felt by ERC20 token users, including myself. however, despite that, currently we see in CMC, or CG, ethereum is still at the top of the altcoins, which means, Ethereum is still very widely used for now.
it is very clear that the BSC has the advantage of low fees. however, even with these advantages, BSC or BNB have not been able to exceed ethereum. well, I'm sure Vitalik noticed this. So, I think the development of ETH 2.0, one of which is to reduce the ethereum fee, is still being carried out. however, at this time I still conclude that ethereum is still better than BSC, however, if this continues, maybe BSC can exceed or equal to ethereum.

The advantage of BSC only lies in the cheap transaction fees, for the speed of processing transactions, I think the two are balanced...

even so, the platform that adopts the erc20 network is far more than the bsc, this is what makes even though the ethereum transaction fee is high, the number of transactions per second is still very high. especially when NFT and Defi are in hype, we all see very expensive eth transaction fees, it really doesn't make sense.

BTC

Both are good but I would also prefer using bnb which many people are correct about it's fees in transactions. Though there might be some time that the transaction fee us not small enough if it is used in smart contracts but all in all both have it's advantage and disadvantages. For now, I haven't use ethereum and I always end up using bnb for doing transactions that can help me do transaction faster and lesser fee.

Same here! I already said that I will not use Ethereum ever again! It's how annoying Ethereum is in my opinion, I see myself as a crypto user and I move coins all the time! With discovering BNB I found some relief, simply it was much cheaper to do my daily things, I would say normal, not like with Ethereum!
Well, I am choosing Binance smart chain! I sold all my ETH and some ETH tokens I have, I don't even wish to think about them! I also think that if ADA developers are smart and do something about fixing other smart contract problems they can do a lot in the future! Maybe it can be the next big thing that can outshine these two! Of course not is some near future!

I know many have listed some reasons but i will go straight to chose, in this point Ethereum is better but for less gas expenses i uses BSC for transaction so it save me cost of spending much while transacting. also consider that BSC is a side chain of Ethereum so if no ETH then BSC will find it difficult to function smoothly.

When a coin already has its own network, then it is no longer associated with the old network that it used to have before. It seems that BNB already has its own network, namely BSC, so in general it has been separated from their old network, namely ERC20 which was used to develop BNB for the better.
So this has actually started to separate for both on BNB and ETH can still stand independently.

We believe ethereum is better in every way right now.
The most problematic thing why the Binance Smart Chain and the ethereum network are always competing is because of their vastly different fees.
yes, maybe the Binance smart chain is the best alternative for ethereum gas costs that go up high at any time.
But that doesn't guarantee there is security in the BSC network itself, as there are currently lots of token dusting attacks.
Ethereum was known to be expensive a while back, but not for now. I'm sure that currently ethereum is quite friendly with gas fees,
they have at least dropped below 100 gwei for fast transactions.
Apart from that, the security of the ethereum network is quite good, at least there is very rare token dusting on this network.

Ethereum

It is more secure, and the functions developed with the Ethereum-based protocol are relatively good, such as DFBTC, which is a Bitcoin cross-chain DEFI application

BSC needs its own chain before I can accepts comparisons between the two, right now BSC still runs on ETH network itself but brings solution of gas fee only that's all I can see here, there is a rumour that BSC is going different chain maybe this is what we've been waiting for.

Ethereum still the best chain since its proven secured and most adopted, but if you are worried about fees and network traffics since there are high volume of transactions made by its user maybe you can select Binance chain since this is also convenient for token creation and this one is mostly used by scam devs since its easy to create new tokens for using BNB chain.

People are having a hard time dealing with the high gas fees in the Ethereum network. It's a good thing that BSC has existed and we're now able to transact with affordable and justifiable gas fee. I guess it's something that ETH should be mindful of. Users are now switching to BSC Network so I hope that they would lower down their fees.

 Lately I have switched some of my ETH investments into BNB a bit more. I believe that ETH is definitely a big deal and it will continue to be second ranked coin for a long time. However, the potential for a bigger increase is with BNB right now. Doesn't mean that ETH will not go up, but I feel like BNB has a bigger potential to go higher up. This was teh only reason, if we are talking about just regular increases or regular days, ETH is still fine. I saw ETH 2.0 as a great way to increase it, but then I realized that this will not happen anytime soon, I expected it to happen in 2022 but apparently it doesn't look like it will happen this year.

in my opinion the best platform is EThereum because ethereum has strong fundamentals, although now experiencing problems regarding high transaction fees but that does not mean Ethereum is not good. and Binance is also one of the best platforms right now, but if I had to choose, I would choose ethereum which is better than Binance.

My views for ETH and BNB are platform cool and good investment. The easiest way is to see the level of retail optimism from daily transaction volume movements https://coinmarketcap.com/rankings/exchanges/ if the volume is low, it means that the majority of retailers are waiting & see.

Eth is a platform that is fundamentally stronger because there are smart contracts on Eth which have been widely used by other token developers so far, although Binancen also currently has a Bsc Chain that allows for smart contracts to be created, but in my opinion Eth is still the best and most current in terms of using smart contracts, besides that with the Decentralized Exchange Apps feature it allows us to be able to enjoy many of the conveniences that exist, so that convinces me that eth still has good prospects for future investment.

Both have their respective advantages. I will explain and you can conclude.
Ethereum Network: Has high gas costs as a drawback, but has good project quality even projects published on their network are quality projects.
Binance Smart Chain Network: Has low gas costs as an advantage, but has low project quality and is even prone to hacker attacks on their network such as token dusting, projects published on this network are often fraudulent.

You can deduce which one, but I'm sure those who want security and investment will choose ethereum, if they want low cost they will choose BSC.

I prefer BNB because gas costs are cheaper and BNB is now growing because of strong market support for investment I prefer to ethereum

Why don't you just choose both at this point because they are still in the best coins line up for now. You choose BNB because gas costs are cheap, but on the other hand you can also invest in BNB for certain reasons, but you also still like Ethereum even though Gas costs are still very expensive at this time. So it's better for you to just choose both and if you can try adding another Bitcoin for a long-term investment option.

I still believe that if you want to invest into ETH, you could do that, and keep it in the exchange if you are not worried which means a lot of profit saved from gas fees as well. This allows you to invest into ETH because you like it, but not use it, and invest into BNB because you want to use it, doesn't matter if you like it or not.

This comes out to the part of your message, it means you do not have to choose between them. If the only problem you have with ETH is gas fee, then you do not have to use it much, just buy it and store it and wait for it to get a higher value. I have both ETH and BNB and it allows me to make a good return.

in my opinion Ethereum is the best platform of all time because ethereum has strong fundamentals since its launch and this has been proven until now ethereum is still surviving and has a fairly high volume. although currently Binance is the preferred platform for many people, but for me ethereum is the best.

Ethereum will be most of the people opinion. The people who was here since the crypto investment get their holdings only in the Ethereum,because Binance was get into the transaction fee jut now.In a crypto world most of the people just inverse on Binance last year,I don’t know how much true.This happened when the price was around 300$.Now you know ,how much changes happened in Binance smart chain.

There is no question if it's about the fundamentals that Ethereum has. But if you're someone who's trying to save from the fees, ETH won't be the best option. I have ETH and I can still endure and tolerate the fees if it's about ETH to ETH transactions. But there were times that ERC20 token transactions were no longer tolerable due to the fees that it projects, it seems too high and very discouraging to make transactions. Yet, there are still a lot of people that does the transaction because there is no option to make but to do sell those erc20 tokens that we have. If it's about saving fees, BSC is going to be the main choice of everyone.

These two are great in terms of performance and reliability. However we choose economically between these two since there are the same top crypto network, and by that we choose the less transaction payment and it is the binance smart chain. Although wthereum network is also fast and comfortable to use as a online transaction, it carries big payment for every transactions sometimes, that's why many here preferably choose binance smart chain.

I am holding a few tokens in ERC20 tokens for over a year and i really wanted to stake some of the tokens but the transaction fees are incredibly high that it wont be profitable enough to move those coins to stake and considering there is no fixed date on when these transaction charges will go down, it is not even profitable to spend that much money staking, i am sure there are many in that situation and basically stuck for over an year.

yes most people (small transaction value) prefer BNB network because the network fee is much lower than ETH network, but the high network cost proves that ETH network is the best nowadays. ETH network fees are very high because the transaction density on this network is very high, meaning that high fees on the ETH network are due to the large number of users on the ETH network. in other words, the ETH network is the network with the most users today.

For myself Binance smart chain in much better because of its low fees of transfer at other side eth fees are very high. Actually eth fees increased when eth prices goes up. As a trader we want to save our any crypto assets. Other then BNB is the coin of one of best exchanges so for me Binance smart chain is better which allows we to make transactions at very low fees.

I think it's very difficult to compare them. The ETH smart chain was a pioneering blockchain technology, and was later followed by BNB and other coins. It can be said that smart chain ETH is superior because it becomes a reference for other projects. however, the skyrocketing price of ETH led to high gas fee, so users started looking for other alternatives with the same blockchain technology. So the conclusion in my opinion, smart chain BNB is now superior to the gas fee indicator.

In deed Ethereum is fully decentralized network, whereas BNB is controlled by centralized exchange of Binance,  hence it is far better than any other chain. It is leading network on crypto space created on crypto space in 2017 to create smart contracts but now its utility has grown to DEFI, NFT and Metaverse projects. and since then it has maintained its number 2 position on crytomaketcap.

both look better where one's need requires that network.
I will explain why the Binance Smart Chain and the Ethereum network are good in the eyes of their respective users.
Ethereum: Has the advantage of having high community and investor trust, quality published projects with a lack of transactions that are sometimes expensive or unstable.
Binance Smart Chain: The advantage of this Network is that the transaction fees are cheap and stable, only the projects published from this project are mostly not of high quality, but have the same large community as ethereum.
How you are comfortable using it will get better.

I use both. both ethereum and binance smart chain. all are networks that are said to be very popular. especially in the current year most smart chain networks are in use. but the weakness of this network is that there are different scam tokens. especially like me who is engaged in the bounty hunter field.
thank you

I even have to say they are the best because Binance was also born out of Ethereum smart contracts before the existence of its own network (BSC), so it wouldn't be wrong to say they are still the best even though Ethereum smart contracts have existed and are still operating today.

Well a long time ago I used ETH since it's my favorite but right now due to its high gas fee now I'm using BNB, also a lot of new projects now use BNB as their based blockchain so I prefer to use BNB right now. If ETH has low fees like BNB I will back use it again like the old time. Both of them have a great platform but the only minus is ETH fees.

For me ETH because it's the most popular and much more investors, also the price of ETH is higher than BSC. but in making transactions I would prepare to use coins under the BSC chain.
Compared to ETH fees the lowest is 10$ in BSC is less than 1$.

I am seeing this question and question in this forum since I am here. This question has been asked many times before, and everyone gave different opinions, ideas.

In my opinion both are good for investment, because both follow Bitcoin. They move usually simultaneously. When Bitcoin pump Ethereum & BNB also pump and similarly when Bitcoin dump, Ethereum and BNB dump.
So I think both are good for trading.

As a daily user, of course I choose BSC because of the cheap transaction fees with transaction speeds that are on par with Ethereum's ERC20. But for long-term investment I choose ERC20 Ethereum as the main choice, because it is more stable and tends to double price in the future. I think it's clear, I and other people choose BSC because of the low transaction fees, but most of them keep their pension funds at ERC20 for the long term.

I personally prefer Ethereum. This is because it can be seen that until now Ethereum is still a cryptocurrency with a large value, even leading the altcoins in the first place. Besides that, Ethereum's performance is getting better and better every year than before. This shows that Ethereum is powerful as well as Bitcoin. Even though Ethereum transaction fees are quite expensive, there are still many people who are chasing ETH, therefore the existence of crypto coins seems to need to be improved, as today many local artists are competing to create NFT.

of the two coin choices I like ETH and BNB. both coins have the same appeal to me. if BNB is the main thing for me long term investment, BNB can be said to be a competitor to ethereum in the future with prices that can go as high as 2000$/3000$ at the right time

Regardless of which one is the best in my opinion, it really depends on people's perspective because indeed this has to be seen from all perspectives and of course everyone's opinion will be different on this matter but for the price issue it is clear that BNB is under ETH and indeed that is proof because indeed, apart from having ETH much earlier, they are also very good for Altcoins.
Regarding gas, I will not discuss this, because the price determines, in my opinion, when the price is good, the gas will be higher

But ethereum have reach higher price and small fund on trading will choose BNB coins have higher profitable than ethereum, I think not any different potential between BSC or ETH coins because when bitcoin pump between BSC and ETH keep going up. Just got little profit when investing with ethereum if have little fund but with BNB we can earn enough profit although have lower fund for trading. Between ETH and BSC as worth with short term trading because have change price between 25 until 5% every day and look interested as short term or have way with daily day trading.

Well, if you don't have that much money to stake then that won't make sense to spend to pay for the transfer fees when they're too high.
Actually, you can wait until the fees drop and then that's the time that you should start sending it to those platforms or wallet where you're going to stake for it.

Binance smartchain was fork from ethereum Chain and binance smartchain become very popular during high traffick on ethereum network that make transaction very expensive for regular users! Now that the volume of transaction have dropped, retail investors are back on ethereum network. Ethereumchain is secure and  better than smart chain.

Binance Smartchain? Ethereum? Of course, Binance Smartchain is better, in terms of Gas Fees, BSC is cheaper than Ethereum,
in terms of the ecosystem, both are the same, but if you look at the progress, BSC is better than Ethereum,
how? you are interested in BSC?  ;D

I prefer BNB because of gas fee also without BNB and there is lots of chain like sol and matic also in my fvrt list why not all others they are also growing very fast. And they are also one day will compete Eth so and there is another important part of choosing BSc network is it is organized by top 1 exchange so every time they will work hard for do their chain in top 1 list in blockchain ecosystem!!

These are two similar coins in every way and based on the general response by others its clear that the high transaction fees has led ethereum to fall out of favor otherwise its still the biggest name in terms of smart contract coins as it houses the most coins but  for now Binance smart chain is the go to coin.

I have always said that BNB is a lot better because there is a company behind it. The logic is that, if ETH gets better, Vitalik and the people working on ETH would be happy, and they would even make some money because they probably hold a lot of ETH, but that's about it. Whereas if BNB makes profit, that would be a whole company making a lot of profit and that is why companies exist, they want to make a profit and earn money.

So, obviously BNB will be focusing on getting better based on what Binance is trying to achieve, and that should be good enough of a reason to trust them. The better BNB does, the better Binance does, and that incentive is good enough for me.

alot people confuse why ethereum still be top smartcontract platfrom in this cryptospace, and maybe it could answer our doubt. ethereum as first smart contract platform has huge community and developtment progress day by day. we complaininng about gas fee in few months or years ago , but today its decrease massively. ethereum has its own attractiveness.

It is true that BSC transaction fee is much lower compared to Ethereum network and it has attracted huge investment during the past years and stands second best DEFI player  but now Terra Luna network transaction fee is even lower than BSC and this network is also becoming very popular for new projects which made it second biggest DEFI player where 18 Billion dollars have been invested which is more than BSC network.

When talking about the Terra Luna network, although it is not as popular as the Binance smart chain network or Ethereum, we can't underestimate it,
by continuing to develop so far and now as you say the network is becoming popular,
maybe in the future the Terra Luna network will get bigger we'll see

Both are good, but you can look at it from different points of view, such as speed, security and cost.
Ethereum has a problem with gas fees, but ethereum is safer because it uses POW consensus, then BSC comes with lower transaction fees and makes a lot of changes because of lower transaction fees, but what you need to see is, before BSC was created, Ethereum had seen problems that and they will activate the Beacon chain, both networks are good and you can use both as you wish.

But some people or companies prefer to use Ethereum because there are more good projects on Ethereum smart chain than on BSC.
On BSC, there are many scam projects because anyone can create the smart contract in BSC with cheap gas fee unlike in Ethereum smart contract, that is my opinion.

I don't think Binance smartchain is better because has cheaper gas fees. The ETH network is considered more secure and decentralized than the rest of the networks. Binance smartchain is a clone of ETH and modified for faster speeds and cheaper gas but at the same time Binance smartchain becomes a more centralized, non-scalable network.

In addition, ETH is also about to complete its upgrade to POS and the future is promising. It will be a fierce race between ecosystems when the king of ETH returns to the race.

Are you a newbie in cryptos aren't you? Obviously because of your rank but if you only knew that eth was the popular coin used by the time ICO boom, you will say that eth or ICO scam tokens is much worst than the scam tokens that you saw today under the binance network.

ICO have died down and with the unexpected rise fees in eth that's the time most of the coin devs migrated on a cheaper option. That was also the time where binance smart chain have created. Your into bounty? why try joining bounties managed by reputable managers because they are doing measures to prevent handling scam bounties. You will have a higher chance to get paid that way.

Both are good, but you can use BSC-20 blockchain if you want to transact with low gas fee. And you can use ERC-20 blockchain  if you want to invest huge amount. Because ERC-20 is more secure than BSC-20. This is because ERC-20 uses more nodes than BSC-20. Although I have heard many times that it will reduce gas fees, but I have not yet seen any such effective measures.

They both are going to do well so it's hard to say. I prefer ETH because it doesn't have the risk of being regulated out of existence like Binance does. If you want to make a lot of money though, consider undervalued L1s that haven't mooned yet like Celo, NEAR, IOTA, ICP, Fantom, Gnosis...

Better is a general statement, if you are asking about gas price then BNB is preferable because its low. In other terms, ETH is much better. If the eth gas fee is solved today, usage will Tripple like we use to have.

Apart from that for me basically every network whether it's Ethereum or Binance Smart Chain has its own advantages and disadvantages,
Indeed, what is most highlighted is that the gas costs of Binance Smart Chain are lower when compared to Ethereum

Here are some of the cases where if we say from here they are the best reason that what is your own network without face is very important.  I do

Because the issue of gas costs is always related to the issue of money that must be spent by everyone who makes a transaction, it is clear that this is something that will continue to be highlighted.
Even though in popularity and also in terms of advantages and disadvantages there are always both, but for those who often make small transactions, they are always more suitable to use Binance Smart Chain than Ethereum.
Although Ethereum is an old coin that has had smart contracts in the past and has also been used by many large projects in the past.

Both are good, depends on what you want. Binance is preferred today over ETH because of it low gas fees. But also, BSC has its own shortcomings.
Some project like to build their projects on the ETH network because of ETH usecases. ETH is considered the biggest layer one protocol, maybe when they deploy ETH 2.0, the high transactions fees will be taken care of.
So, I wouldn't say which is better between both, it only depends on what you want

I myself prefer BNB because it is interesting because the Binance network has a smart contract feature with cheaper and faster fees on the network. if ETH is indeed a long-term prospect, this ETH has many benefits, it still has interesting and good potential. Moreover, if system and network updates can be carried out, it will make ETH more effective.
This is more we want to see from which side first, I think both have advantages and disadvantages of each, depending on what our needs are.

You are in this forum since June 28, 2017, which is at this time the Ethereum network is very popular and is used by many new project developers with long-term goals and if you look at when Ethereum was born and had smart contracts, then for now it is very It's worth saying that the Ethereum network is already super long term and even very early in comparison to the Binance network which used to be BNB itself which was also born out of Ethereum smart contracts in the past.

Have you forgotten this now? And don't you remember that in the past only Ethereum smart contracts were the most widely used and went viral in the crypto space?
Try to restore your memories first if you really forgot about this :D

Nowadays, people are more interested in BNB simply because it has cheaper transaction fees and faster speeds. but they forget that BNB is copied from ETH and before BNB, ETH also had a great time gas fees were also very cheap.
If comparing overall BNB or any blockchain is not comparable to ETH. Not only ETH is having a lot of problems but most blockchains have problems. BNB is cheap and fast but too centralized, ETH has high fees but is completely decentralized compared to other networks.
BNB has upgraded to BNBchain, ETH is also in the process of upgrading to ETH 2.0. Let's wait for big changes from these 2 most popular blockchains.

Well, for me as long as you get a good earnings with it, that could be consider as one of the good or better profit.
And besides, whether ETH or binance smart chain, both are good to use as profit methods here in the cryptocurrency business.
But in terms of transaction charge, I think BSC is much advantage on this matter because ETH fee transaction was too expensive
in my own idea on this.

Both coins are good, currently the prices are different, in the market the two coins compete well they both occupy the top 5 positions.

I think in the future BNB can occupy the same level as ETH, both of which have good value in the crypto world.

Yes, both have their own advantages, it all depends on us which one we need more in using crypto. In the past, Eth seemed second to none, and the ETH wallet also provided a Smart Contract feature. Often used for ongoing projects to distribute campaign results to participants. Despite its great prospects, Etherum is still an investment choice for Altcoins. And if you look at the two, now BNB can be said to be a substitute for Etherum because of the advantages of lower shipping costs.

If we're talking about being fully decentralized, it's Ethereum no question about it. But however, most of us are just focusing on its gas fee issues. Binance Smart Chain, however, it does offer us cheap gas fee for sending transactions to other wallets, but it's not fully decentralized. But most of the projects these days are focused on Binance Smart Chain because of saving gas fees in distributing tokens, minting NFTs, etc.

Both chains have their own problems that they are dealing with. I myself am a big fan of decentralization. Full, real and authentic decentralization. Which means that Binance Smart Chain is definitely not one of my favorites. It does not really fit into the category of decentralized. More like quasi-decentralised. Which is just another way of saying centralized.

Ethereum on the other hand, is currently trying to solve its ridiculous high fee problem and introduce a scaling solution. But we still will have to wait for a better solution than what ETH has now.

In terms of fees I would go and mostly use Binance Smart Chain now, the Ethereum was really a good projects way back then but with the really expensive fees I really think the BSC really beat the Ethereum in terms of the transaction fee but if only the Ethereum can do something or solution to make their transaction cheaper I think that would be much better.

Each platform has an excess level, this cannot be categorized into the best choice, but both platfroms have different deficiencies, Ethereum has a high enough gas cost in making transactions, if small transactions are carried out then Ethereum is not suitable for use, in contrast to Binance Smart Chain, they are smaller transaction fees needed to make transactions, I think this depends on the needs needed, if you say it's better to be in the category of good category

BNB itself has a gas fee which more or less people choose the BNB network and ETH gas costs are expensive but in my opinion the coins on the ETH network are quite good worth the gas fee

For now, I say that BSC is better than ERC, what is my consideration is a low cost, speed and of course the number of projects that are currently switching to the BSC network that is proven to be better than ERC. Moreover, I like trading in Dex so that low costs are important considerations for getting maximum profit

Agreed on that point but BSC chain is much more centralized so for long term and Holding prespective there is no any alternative of the ETH and AVAX.

Consider Which is Your Bright one.
ETH chain L2 Solutions are performing well and ETH 2.0 will be a dream comes true i am expecting the the Chain Upgrade soon for increasing the TPS.

I'm not saying ETH isn't popular and it's not good, it's actually very good ETH and has great potential from the beginning and I'm also not saying ETH doesn't have a smart contract. I mean the update here is ETH in the process of upgrading to ETH 2.0. We are talking about BNB which is superior because of its low fees and fast transactions. maybe it's a matter of our taste and needs.

for temporaty solution about transaction fees, binance smart chain be leader now. with transaction fee below $1 , most crypto community will choose bsc. today ecosystem in binance smart chain growth massively in last few years ago and keep growing. maybe when ethereum update on 2nd version totally launched and could drop its  fee as vitalik said below 0,05 this ecosystem will growth again. alot project launched their token in this platform.

Many of the good coins in the eth network has also adopted the network for bsc.

That makes them better because people who wants them has the option to choose which network they'll send and receive it. And the main reason for it is the cheaper gas fees.

Sometimes fees for eth is that cheap but at most times, it's expensive. Unlike in bsc, at most times, it's consistent to be cheap IMO.

The Ethereum and binance smart chain both are stunning . But i like binance smart chain because of low fee. And there are lot of projects who use binance smart chain .
 So i like to prefer binance smart chain .
Also Ethereum is good . But binance is binance.

If you ask me personally which best eth or bnb then i can make a answer 'both are best coin in the crypto' but But eth is a tough tool whose future is brighter. You may know that eth is the second strongest currency in the crypto market so eth is undoubtedly the best then bnb. The reason is that the use of eth is high and in many countries it is supported by the business side with a special reason that huge number of investors and the world.

I believe that those coins are just new but the old eth projects only sticks with eth as they know that this network is much more secure than its counterpart. If they will add bsc, they are afraid that what if there are issues with bsc in terms of security?

This can only affect the reputation of their project. Not worth it for some pennies that they will get because most that suggest bnb or the ones that use bnb are poor people and only invest smaller amounts. I agree on the opinion of @cloudfir3e that we shouldn't compromise the quality over the cheap fees because what if we got hacked or scammed? We can lose more than the fee that were supposed to pay.

when it comes to decentralization, ethereum is superior. but if you look at the transaction fees, binance smart chain wins. if binance smart chain used POW consensus, maybe Bsc could be ethereum's toughest rival or even outperform it. that's why ethereum is still the best at this time.

In my opinion it is difficult for BSC to beat Ethereum, both have differences that people who only make small or large transactions can judge, the Ethereum community is now quite large although in this respect BSC is superior, but the demand and stability of coins, Ethereum is far superior with BSC, that's why Ethereum is still considered the best for now

Most projects are migrating to binance blockchain because of the low gas fee, currently we all see that ethereum gas fee has been very high which is making it difficult to make transactions on ethereum chain, the gas fee which is always requested to send a coin on ethereum chain is becoming unbearable so people are migrating to binance blockchain which the gas fee is very low and fast, Also ethereum chain are always congested now which makes transactions always slow compare to binance smart chain that transactions are really fast and the gas fee is really low.

Both Eth and BNB are moving to their own path. In terms of security and trust Ethereum chain is top notch chain, but on the other hand it has high gas fees, and huge no of transections make this chain challenge for new comers to crypto. On the  other hand BNB chain start growing slowly now taken up huge investors mostly new and low invest capital comers. BNB chain provide low fees transections and instant transfer which make this more attractive for new crypto investors. But security and trust issue are their for this chain as the chain is backed by Chinese influencers and team. Eth gonna update it chain to 2.0 in 2 years which make it again the big giant of the crypto market. BNB chain also take steps with new IDOs, ICOs and project integration into the blockchain to gain trust. So let's see where these stands in 2024. 

If you are considering the direction of the platform then I must say that Binance Smart Chain platform is good. People are now reluctant to trade because of the high fees on the Ethereum platform.With the transaction fees being much lower on the Binance Smart Chain platform, people now prefer this platform the most.This is why the Binance Smart Chain platform is more popular than the Ethereum platform.

Price or Platform? I think Binance platform now very useful and more better tha Ethereum. Many people’s using Binance smart chain blockchain. Ethereum transaction gas very high buy Binance smart chin transaction gas fee very low,like 0.04$-.30$ on others hand Ethereum $30+. People now usually using Binance smart chain. Even BNB is most promising coin in altcoin after Ethereum.But Ethereum is long term survive coin.I think they should work in gas fee and they need to more development in their system.

Large number of people supporting bsc because of its cheap for transactions, even people who have ability to pay ether gas fee, also want to avoid ether blockchain due to high fees and i think its fair.
 still a lost of altcoins aren’t available on bsc but only on Ether blockchain and people get frustrated cause they are forced tto pay high fee if they want to trade or hold or transfers those altcoins. It's been long and i don't think ether fee will return to normal soon as we want. Base on this, bsc is best one

For some reason many good projects are coming out on the ETH network, I still don't understand why, but I know that in our forum section you can find very good projects, however the Smart Chain network was used a lot for NFT games which is a bit scratched and I think that affected a lot so that more projects continue to be developed there, but anyone who is asked and who has time in crypto will tell you that Binance Smart Chain is better for its low fees, but the older ones or those who come from the old school prefer the pro projects to the ETh network even though it is very expensive.

I think ethereum and binance both have very good potential, and they have their own advantages and disadvantages, where both platforms have large communities and both have the same number of users, but at the moment I think ethereum is superior in terms of volume and price.

Yes, you are right, currently Binance is an alternative choice besides Ethereum because in addition to its very affordable price, Binance also has very low transaction fees when compared to Ethereum, but somehow ethereum is currently the target of big investors because the price of Ethereum is very promising. and has survived for a long time in crypto, hopefully the developers can solve this problem so that all people can feel the benefits of investing in eth.

The presence of the binance smart chain solves problems in transactions. There are advantages and disadvantages to both of these networks. Some people have come across problems in terms of shipping fees for transactions, and the binance smart chain has become the solution to that problem. So far, binance's smart chain network is widely used in transactions, but I think ethereum is still superior in this regard. There have been some comparisons and it's not just about fees transactions, but I still feel that ethereum is number one right now.

Ether is the first as the origin between Binance Smart Chain and Etherium. Ether is a well-known blockchain platform which was very popular with everyone but the amount of ether gas fee is really beyond the tolerance. As a result, investors are now familiar with a new blockchain platform called Binance Smart Chain. There are no such people in the crypt world who have never heard of Binance. According to the transaction fee and other facilities Binance is really appreciable. Since Ether is a well known platform it has lot of smart contacts. If they can develop well and attract users to their platform then Ether will be one step ahead from Binance Smart Chain.

I think the ethereum and binance smart chains have their advantages and disadvantages, but they all have the same goal, therefore they are good for both long and short term investments, if I had to choose I would choose both, but if the money is  I have limited I will choose BSC because the price is much lower than ETH,

Ethereum Network is a serious project that has a high fees that both developer and investors has been committed and more serious than Binance Smart Chain, that is fees is cheap, I prefer Ethereum network to under centralized exchange, buy and hold. But buying on dex, ethereum gas fees is very high, Binance smart chain has advantage over Ethereum on Dex Exchange platform, because is very cheap than Ethereum. Therefore, buying on Cex, Ethereum is good, but buying on a Dex platform, i prefer Binance smart chain is less gas fees. 

Ethereum is better but BSC seem to be the right choice for developers because of gas fee, the only thing that BSC do better is almost free gas transaction fee, if Ethereum Merge happens by August of this year many developers will go back to Ethereum for future builds.

Now in general there is a very large network of good coins with varying transaction fees, so the cheapness of transaction fees is a particular consideration for everyone, but that I think is more of a necessity because Ethereum is still very good though the gas cost is higher than other networks such as BSC.
So it's not always a bad rating that deserves to be seen from the issue of gas costs alone on a network.

The BSC is way faster and cheaper

there is this thing called blockchain trilemma. 3 core part that every blockchain aim to have that is decentralization, scalability, and security.

Ethereum has decentralization and security but not scalability which is why the gas fee is so high.
Binance smart chain has scalability and security but is not decentralized.

so there is no such thing as a better blockchain, that would depend on what the user is looking for.

It is true that BSC is much faster and cheaper compared to Ethereum network but it is replica of Ethereum network and most of scam projects are created on BSC  network because it costs less. Though BNB has survived in bearish market but it is far behind when we we compare use case & versatility of both coins. Ethereum network fee will come down substantially when it gets merged with Ethereum 2.0.

There are some solutions however. You could employ sharding like NEAR protocol or increase node requirements like Candle Chain.

BSCs are faster, cheaper, and they are more centralized than ETH. If you are someone who likes fast and cheap, then BSC is the perfect choice. But if you are a person who likes safety and values privacy, then ETH is a much more perfect choice.

If you want to be profitable, you should invest in both because both are topcoins that are considered safe, the price potential of both is still likely to increase many times in the future so  you hold both, you will get huge profits.

Ethereum fee high cause they giving us more and more options, facilities BSC fee will also Increase if they want to be fulfill themself  everything what Ethereum already have. So in this case, Ethereum is definitely better IMHO but situation is complex now Because of bearish market
Or maybe not. Binance is growing but besides Ethereum is trying to solve fee issue & hope they'll be successful like how Binance chain does. Even more blockchain are already on market, can be hard competitors with bsc, so i don't think its easy for bsc to archive top.

I also see that Solana has also been one of BSC's competitor so far. So far ethereum, bsc, solana, have been competing in the market to solve problems in transactions, but in fact, bsc is developing very fast, in just a few years since the introduction of the binance smart chain, it has started to replace the ethereum network that was previously used in almost every transaction in cryptocurrencies. And now ethereum is trying to solve the cost problem, that means bsc has succeeded in making ethereum competitor.

for now i prefer choosing bsc than eth and not only me i think most of the people are now using bsc than eth because of the high txn fee on ethereum network, i also saw a lot of new project using bsc chain for they can less the gas fee in every transactions, i also joining signature campaign and the project team always choose bsc in thier network and they can always less the gas fee on distributing tokens as payment to hunters. Maybe people will choose eth if the gas fee will become more lower just like bsc.

My preferred choice is also Ethereum becuase it is most de-centralized and backed by strong team of deveopers who are working days and night to solve its high transaction fee by migrating to ETH 2.0 and merging it with old Ethereum. What happened with LUNA is a good lesson for all of us that new chains are not so reliable and there are rumors that Solana network is also in serious networks. In such circumstances it is better to rely on Ethereum chain.

Which options is ethereum given you that Binance chain and Binance Smart Chain can not give? Tokens, DeFi, NFTs or which one? BS and BSC is just one of the ethereum killers. I do not literally mean killer, but I mean competition.

Do not be mislead by this centralized project, if a coin can have low fee like Tron, Solana and the likes, ethereum can easily fork or upgrade to have low fee. They are just deceiving you people in my opinion.

Oh come on... High transaction fees again. When was the last time you have send Ethereum to other Ethereum address? I think a long time ago. For a good period of time already, transactions in Ethereum network are not as huge as they used to be. Right now you can send Ethereum for a dollar. Is this expensive to you? Transaction in BSC cost about 10 cents. I am sure you are not doing thousands of transactions daily to feel that price difference. Also dont forget that BNB cost 6-7 times more than Ethereum. If BNB price would be same as ETH, then these 10 cents would turn into 60-70 cents. Is there a huge difference between $0.6 and $1 ? Only bounty hunters and people will tiny portfolios complain about Ethereum transaction fees, while the majority continues to use it in any case.