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Author Topic: Binance Smart chain ( BSC) VS Ethereum (ERC-20)  (Read 388 times)
sgenuine
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March 05, 2021, 03:53:07 PM
 #41

BSC has demonstrated the ability to quickly adjust to market sentiment. It is a good platform to trade using DeFi without paying huge fees. There are many benefits in Binance Smart Chain, this platform brings benefits to many users. But BSC cannot be compared to Bitcoin and Ethereum because they are completely different things.

Those who promote BSC are well aware that today's hype is temporary, Bitcoin and Ethereum want to achieve maximum decentralization, and Binance Smart Chain has no such plans.  Lips sealed
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March 05, 2021, 04:50:52 PM
 #42

I used to think the binance smart chain would be a better solution and a stiff competitor to the ethereum chain.
but it has just become a trend in the market now that BSC has a project scam that brings large amounts of money to their members.
The same cycle is happening with BSC now after the scammers cant afford to create the contract to fool others.
BSC is just the one of the best solution but there are lots of similar platforms with BSC already exist in the market. Since BSC was a centralized exchange site and CZ could make the smartcontract issuance become even strict than before. We will see after so many scam cases happened with BSC and what decision will be taken by CZ.

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March 05, 2021, 05:06:55 PM
 #43

One of the main reason to have a novel project is to improve on the already existing similar project and I think that is what the BSC has done. I do not think they just thought about the POS in just a day but constant studying of the blockchain network has given them reason to get to where they are now. We all love ETH but at the present moment, it is not sustainable to transact on ETH blockchain especially if you are the type that does not hodl a thousand of dollars of ETH. Sometime, I find out that you might end up paying much on gas fee compare to the actual amount you wanna send. It is totally not making any sense
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