will Binance be the next Ethereum?

[Galley]

I think BSC will not be the next ETH. And there is no need for him to do it. Now they already work in symbiosis, replacing and complementing each other, where necessary. This is the best option for both blockchains.

[Dr.Osh]

The rise of binance in the cryptocurrency space is something to look upto for a lot of cryptocurrency projects. BNB has risen from just being an exchange token to an important token backed by the Binance smart Chain BSC for development or new smart contract projects in the blockchain.
BNB has the qualities to overtake ETH as the second most accepted cryptocurrency in the world and i think it will eventually do that with time and more developments on BSC

even though it has the quality and the opportunity to surpass etheruem, I don't think ethereum will just see its place replaced. however, the current development of ethereum also looks like the fee price has decreased, and in terms of price, BNB can still reach the level of ethereum for now. We don't know what will happen in the future, however, BNB does have the potential to become the best altcoin to replace ethereum.

[Kitaiev]

Binance is another ether fork with some improvements, and because of this, it will never be able to surpass Ethereum. But this network is not developing badly now, it's a fact.

[CryptoLogo]

Not impossible. Binance is good exchange and Binance Coin BNB already becoming popular cryptocurrency in market. People are now like to use BSC platform for it’s low fees.

I doubt that this is possible. BSC performed its role as an alternative with lower fees, but now, after the update, fees have dropped dramatically.
The next update should enhance this effect, which means that there will be no such need for a network with low commissions as before.
All this may well lead to the fact that the attractiveness of the BSC network will fall due to its lesser need.

[Danslip]

I think BSC will not be the next ETH. And there is no need for him to do it. Now they already work in symbiosis, replacing and complementing each other, where necessary. This is the best option for both blockchains.

BSC is a great project and both of them are preferred by most investors, however, there are not any cryptocurrencies including BSC that can overtake ETH. As l said both of them have great potential and have their own good sides and bad sides. ETH can be the best option for me, but no doubt high transaction fee is really huge problem. If this problem is solved in the near future, in my mind ETH can be more preferred than others.

[motun01]

Binance has been at the forefront of most big things that has been happening in the cryptocurrency space since the company was created. Starting as an exchange, binance have since grown into a big ecosystem that offers projects a platform to launch their token sale and also a blockchain that offers really fast transaction speed at a very low transaction fee.
Binance has what it takes to overtake ethereum as the 2nd top cryptocurrency in the market.

[Woodie]

It's hard to answer this question based on ethereums current high fees which could be a reason for crypto users to find other alternatives like binance with a much lower transaction fees, but if you can look passed the  fees eth is a good coin in terms of fees and am hoping before the year ends we hit 8000 dollars.

[m.rifki]

Binance has been at the forefront of most big things that has been happening in the cryptocurrency space since the company was created. Starting as an exchange, binance have since grown into a big ecosystem that offers projects a platform to launch their token sale and also a blockchain that offers really fast transaction speed at a very low transaction fee.
Binance has what it takes to overtake ethereum as the 2nd top cryptocurrency in the market.

Binance is the strongest candidate that is predicted to be able to surpass Ethereum, even Ethereum users who are tired of unreasonable transaction fees prefer to switch to binance, this proves that binance has potential as the next Ethereum.

[Evgenklm]

While Ethereum is dragging its feet with its update, binance is conquering the market and we can say that it is re-enticing the majority of Ethereum users on the binance chain in this way, I myself have already forgotten when I used ETH, so BNB now looks better on the market ,and it is possible to overtake ETH.

[Cryptoababe]

I don't agree that Binance will be the next Ethereum. As i can see so far, more developments are going on Ethereum and this is making the blockchain smarter.

[liqidoxgen]

Ethereum is a decentralized smart contract platform for each and every one. Binance is a centralized system that tries to imitate some of the principles of the Ethereum platform for the benefit of its holders.

[JahriMeayer]

Incredible growth of binance exchange users and bnb coin price, both are really made us surprise. Seeing the "going forward speed of binance", we can expect that it could be the next ether or at least it would has hold the top three position. But if binance fee also start increasing like ether and if binance exchange would be victim by hackers several time in future, then maybe huge people would stop using it and start finding alternative of binance

[Plinteng]

I don't think that binance can take the second place from ethereum in terms of market cap and adoption. Even though a lot of new projects are now built on binance smart chain because of the low fees ethereum has still way more projects built on their chain. Also a lot of crypto fans don't like and don't trust binance because everything is controlled by cz. And crypto was once meant to be decentralized. Thats also what Defi stands for.

[SlimShadyMmp]

BNB have grown quite strongly and it's still maintaining it's stance with binance chain popularity and all the defi, nfts linked to it I think personally it will continue to grow quite nicely and ofcourse it Will not pass ETH but it's one of the greatest competitor around

[Balmain]

bnb with bsc network is now active in most of the market. but for a few reasons regulations were asked by some countries because it is purely centralized. There is no such thing in Ethereum. Even if bnb passes ethereum, I don't think it will be long term.

[ene1980]

bnb with bsc network is now active in most of the market. but for a few reasons regulations were asked by some countries because it is purely centralized. There is no such thing in Ethereum. Even if bnb passes ethereum, I don't think it will be long term.

Binance is having regulatory issues for running an exchange but i do not think that their BSC network will face any issues, if that happens then majority of the other projects will be under pressure of regulatory body. Binance might not overtake the valuation of Ethereum in a short period of time as there are many changes coming in to ETH as well and the new projects are using multiple networks.

[lumeire]

in my opinion it is impossible, ethereum will maintain its existence as the second best digital currency after bitcoin. even with all its flaws ethereum has surpassed its highest price since ethereum was developed. from there I saw that ethereum is an altcoin that cannot be replaced by any altcoin including binance.

Binance coin being backed by the largest exchange for cryptocurrencies can surpass ethereum according to me. It is showing more development than ethereum in the recent times and a lot of projects should be leaving ethereum soon because of the high gas fees to execute the transaction on the ethereum blockchain whereas the fees being in pennies on the Binance chain it is easier to transact there. The new features that were supposed to happen on the ethereum chain are also taking a lot of time, more than the promised one which makes us question about the dedication of the developers towards the project as well.

[MoneyJ]

This is not the case in my opinion. It will always be just a cheaper alternative to Ethereum. Whatever ethereum tweaks to its technology, binance smart chain only follows. I think the next Ethereum would be some sort of inter blockchain transactions capability like PolkaDOT.

[kojektea]

as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).

so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?

agree with that, because binance is present when ethereum has a very unstable gas, it makes the large community of ethereum many switch to the bsc chain, with the same thing, but faster and cheaper, that's binance smart chain. we all love it too, because it's easy to use. and very good as an alternative erc20.

[umbara ardian]

This is not the case in my opinion. It will always be just a cheaper alternative to Ethereum. Whatever ethereum tweaks to its technology, binance smart chain only follows. I think the next Ethereum would be some sort of inter blockchain transactions capability like PolkaDOT.

I don't know what to think about what you shared. But what I'm exposed to in this field, I'm not independent is the difference that makes new projects always follow. It is true that those are solutions, and we will also know what is good for them. Honestly, I'm so fed up with people bringing so many projects to target ETH, this market has so many products that are still following suit.