Bitcoin Forum
April 28, 2024, 10:08:16 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Binance Smart chain ( BSC) VS Ethereum (ERC-20)  (Read 385 times)
sgenuine
Full Member
***
Offline Offline

Activity: 854
Merit: 103


View Profile
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
1714298896
Hero Member
*
Offline Offline

Posts: 1714298896

View Profile Personal Message (Offline)

Ignore
1714298896
Reply with quote  #2

1714298896
Report to moderator
1714298896
Hero Member
*
Offline Offline

Posts: 1714298896

View Profile Personal Message (Offline)

Ignore
1714298896
Reply with quote  #2

1714298896
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
makishart
Legendary
*
Offline Offline

Activity: 3052
Merit: 1028


Leading Crypto Sports Betting & Casino Platform


View Profile
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.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
thesmallgod
Full Member
***
Offline Offline

Activity: 1498
Merit: 129


View Profile
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
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!