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Author Topic: Can BNB beat Ethereum?  (Read 3069 times)
oktana
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June 26, 2019, 11:36:51 PM
 #361

Currently BNB has moved very fast and currently occupies position 7 in CMC which proves that coins have very good quality for the long term and Binance is also one of the best markets for doing business in it.

But BNB coins are coins used on platform exchanges, is it possible to replace the role of ETH? of course it will be very difficult if the BNB replaces the role of ETH because the BNB is also a coin built on the ETH platform.



 

 

 

 

 

 


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setialovers
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June 27, 2019, 12:42:37 AM
 #362

Currently BNB has moved very fast and currently occupies position 7 in CMC which proves that coins have very good quality for the long term and Binance is also one of the best markets for doing business in it.

But BNB coins are coins used on platform exchanges, is it possible to replace the role of ETH? of course it will be very difficult if the BNB replaces the role of ETH because the BNB is also a coin built on the ETH platform.

After BNB launched DEX with BNB Chain, I think this will attract many new projects to use the BNB network. I think, BNB Coin is a very potential coin in the future because in addition to backups from large exchangers, if there are many projects that use BNB networks, the BNB Coin transactions will increase.
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June 27, 2019, 01:03:29 AM
 #363

The major selling point of ethereum is that's is a smart contract platform for developing new cryptocurrency projects. The ethereum blockchain is still the leader in this field. Binance chain however is not a smart contract and it is mainly a crosschain for trading on the binance DEX so they are not in direct competition with each other.

I agree, many projects use ethereum because of the smart contract in the ethereum network. But BNB Coin is also backed up by a large exchanger and has a good reputation. The new project must be interested in using BNB Chain because it can list at Binance DEX.
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June 27, 2019, 03:24:07 AM
 #364

I don't agree. Ethereum is way above Binance. Binance for now may be at the top but only insofar as their exchange is concerned. And mind you, the exchange ranking is very fluctuating. But in terms of blockchain and their platforms, Binance cannot simply equal Ethereum. The thing here is that Binance is a bit noisy everywhere, hype, media attention, and the like. But it only takes a quick browse over the internet and be amazed by which companies use the Ethereum platform. Ethereum is a legend, my friend.

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June 27, 2019, 03:43:41 AM
 #365

I don't agree. Ethereum is way above Binance. Binance for now may be at the top but only insofar as their exchange is concerned. And mind you, the exchange ranking is very fluctuating. But in terms of blockchain and their platforms, Binance cannot simply equal Ethereum. The thing here is that Binance is a bit noisy everywhere, hype, media attention, and the like. But it only takes a quick browse over the internet and be amazed by which companies use the Ethereum platform. Ethereum is a legend, my friend.

In the end BNB will end up like IOTA, which has lost 90% of its value (against BTC) since the beginning of 2018. Ethereum is of a different league altogether. It was first listed almost four years back and during this time the developers have worked hard to eliminate the bugs and deficiencies. It has emerged as the most popular platform for launching tokens and smart contracts, with more than 90% market share. Now this can't be compared to BNB whose only function is within the Binance exchange.
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June 27, 2019, 07:46:01 AM
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 #366

Binance is an Smart Contract. ETH is a blockchain.
Binance coin is an ERC-20 compatible smart contract without the source code published.

Ethereum is the chicken, BNC is an egg. How an egg can it the chicken? Think about it.
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June 29, 2019, 05:49:18 AM
 #367

yeah it will happend someday but of course it need a long time.
as we now, ETH is the most popular cryptocurrency coin and seccond place in cmc.
BNB is have the biggest exchange Binance and BNB have a really good growing progress.
i believe if BNB will replace ETH to be the main altcoin next time.

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June 30, 2019, 08:03:10 PM
 #368

Ethereum was hyped/rised specially because of ICO market in 2017 which caused adoption but it could not sustain later that much.
Now BNB is the key asset of binance and have many use cases, with their own chain they have moved 1 more step ahead. Only thing they lack is smart contracts with multi usage like ethereum but for ICO/IEO you don't need that for now. CZ is implementing his strategy patiently as he says one thing at a time. So it will be rise in alt season but beating ethereum looks still difficult as of today.
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July 08, 2019, 03:03:34 PM
 #369

Awesome article that talks about both ETH's and BNB's key features as long-term projects. https://cryptotradernews.com/cryptocurrency/eth-vs-bnb/


IMO, ETH's glory days are over and we're already seeing how ETH isn't growing at the fast pace that it used too...

On the other hand, BNB is a much more stable project. There's a lot of IEO happening right now in there and Binance overall is a VERY PROFITABLE business.



Thoughts?
they are on their way to defeat ETH. Recently, Binance is implementing a policy of not listing projects that are based on Ethereum and also gradually eliminating pairs of ETH coins.
They are really trying to manipulate the market and Ethereum is really facing many difficulties in the past and the future.
This is considered a very fierce battle and will be an opportunity for EOS, NEO and Waves to grow their market share.

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July 08, 2019, 04:15:09 PM
 #370

I think BNB coin does not exceed the ethereum because it depends on the price of bitcoin so it's better if you're investing here today while its price is low enough to earn a great deal when its price rises.

I also don't think that BNB can surpass ETH, 2 these coins depend on Bitcoin, but so far ETH looks much better

What is your argument for this to happen? So with what developments will the BNB surpass Ethereum?

Do you know that the BNB network does not support smart contracts and DAPPS? BNB can only be as strong as Binance. But the Ethereum has much more. I would understand if you compare Ethereum with EOS, Tron, IOST, XLM and NEO. But BNB! It's impossible to understand. I think it's just words to talk about.

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