Which is better: Ethereum or the Binance Smart Chain?

[Shindrah]

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

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BSC is better. It has extremely low fees and there's lots of great BSC coins on there. FlurMoon is the one im interested into rn.

I recommend you to check them out.

[CryptoG99]

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

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'

BSC is better. It has extremely low fees and there's lots of great BSC coins on there. FlurMoon is the one im interested into rn.

I recommend you to check them out.

Thanks for pointing out FLUR. I saw some stuff on it on twitter. I need to check it out.

[lexkiee28]

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

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'

Both platforms are good on their own however seeing that the transaction fee of ethereum blockchain is so high, I would say that binance smart chain is better as of the moment because its faster, more convenient and cheaper than Ethereum blockchain.

[bhalwalbhalwal]

100% better platform is Ethereum because to much scam in  Binance Smart Chain

[muksal]

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

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'

Ethereum remains the best and is undeniable. bsc takes the loophole by claiming that they have low fees and fast transaction processing. If ethereum had solved this problem, no one would be able to compare it to any other.

[kram31]

In terms of of the transaction fee so far, obviously BSC is much more ahead on ETH dude. And BSC at the moment is most often first choice every time there is a new project that will arise here in crypto space compared into ETH(ERC20), but sooner or later I am pretty sure that BSC will also be like ETH in terms of transaction charge.

[noorammak]

As a platform experiencer, BSC allows trading on DEFI with extremely low fees. Liquidity on DEFI projects on BSC is very good so there is no reason why I should not choose BSC over Ethereum.
Trading on Ethereum is not suitable for the poor and the high transaction costs will take away all the profits we can make. Excessive costs are the most ridiculous thing on Ethereum and it goes against Vitalik's point of view.

[manok jepang]

Although Binance is currently very popular, because Binance has very low transaction fees, but I prefer etherem as the best altcoin, because I think etherem is more potential and more prominent than BNB, which currently there are still very many investors and crypto users who recommend  ETH network,

[TopT3ns]

In my opinion, what is better now is the Binance Smart Chain because with the BSC platform all transactions are easier and cheaper, in contrast to ERC20, which currently costs gas to make transactions so expensive that it is not suitable for transactions between exchanges.

[coiner-88]

The blackmail in gas charges from ETH has slaughtered such countless sprouting projects that got through the ERC contract. The fundamental explanation is acceptable than ETH is a result of its charges and accommodation to utilize. At any rate, if ETH loses its present ubiquity, I'm certain there are heaps of individuals who will going to go to Binance Smart Chain since they definitely realize how their administrations ensured a most extreme security.

[tokoorochan]

In my opinion, what is better now is the Binance Smart Chain because with the BSC platform all transactions are easier and cheaper, in contrast to ERC20, which currently costs gas to make transactions so expensive that it is not suitable for transactions between exchanges.

binance smart chain have cheaper gas fee if compared with ethereum network. its be main reason why many project also migrate to bsc. team developers thinking if investors could make transaction with low gas fee , it will attract high trading volume. binance smart chain ecosystem this year growth very well.

[karungbitcoin]

For new trader or investor in crypto market, actually they can not distinguish which one more decentralized and which one is centralized Blockchain, because did not understand in detail how Blockchain technology work. They only looking for alternative better platform according to the fee transaction. I think more people will say BSC is better than ETH because reason of fee transaction.

[armanhusni]

The common reason why BSC is better these days is because of the fee.
Eth = expensive fee
BSC = cheap fee
That's the easiest comparison and reason that we can comprehend if it's about these two chains.

it looks like this is not a comparison that you wrote but cornering ethereum and glorifying bsc, I think the high transaction fees in ethereum are due to the density of those who carry out transactions there so that it results like that. I think ethereum is an altcoin that has a very good platform and is very decentralized.

[poodle63]

For new trader or investor in crypto market, actually they can not distinguish which one more decentralized and which one is centralized Blockchain, because did not understand in detail how Blockchain technology work. They only looking for alternative better platform according to the fee transaction. I think more people will say BSC is better than ETH because reason of fee transaction.

Even if they know the difference of "decentralization" between the two smart contract blockchain, i'm sure not many of them gonna care anyway.
but most of "investor" who invesest based on the project future and potential not gonna disregard this problem.
I think it's have something to do with the people who just trying to get quick profit and leave that don't care about this decentralization thing
compared to investor that believe in the future of project.

[gadado]

So basically this is a survey question? I think it's much better if you create a google form so you would be able to list down all the answers on spreadsheet for much easier analysis. For me I think I would go to Binance Smart Chain the reason is that the fee is way more cheaper than the Ethereum's network also most of the DeFi are connected to BSC which if you stake will only pay few $ unlike staking through Ethereum network the staking fee is really high so for me BSC is much better than Ethereum network as of now.

[RussianEnglishTranslation]

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

BY ANSWERING THIS QUESTION, YOU ALLOW US TO USE YOUR RESPONSES IN AN ARTICLE ON GOLDPUNDIT.COM ON THIS SUBJECT. WE WILL CREDIT YOUR USERNAME. YOU CAN OPT OUT OF US POSSIBLY USING YOUR RESPONSE BY WRITING 'NO' AT THE BEGINNING OF YOUR RESPONSE. Thank you.
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Ethereum definitely but it has high gas prices right now. Fortunately, NEAR protocol scales Ethereum.

[FairUser]

I don't think which is better, basically those are the platforms that I prefer to use in this market because of its popularity in this space.
Although I hold more ETH than BNB, I consider them all good because I am not too bothered about the issues that people still talk about.

[Farma]

I don't think which is better, basically those are the platforms that I prefer to use in this market because of its popularity in this space.
Although I hold more ETH than BNB, I consider them all good because I am not too bothered about the issues that people still talk about.

good for you, because basically, the potential of these two coins looks so big, because they are competing for position, so they will continue to grow. I think the price of these two coins will be very high in the future. at the moment, I'm still very much inclined towards ethereum, it's just that the current BSC looks pretty good in every way.

[laohe628]

I think Ethereum is much better than Binance Smart Chain, and i feel that BSC is basically copying the ETH code and slightly changing it, so i still support the original ETH, just like when you ask me which is the best cryptocurrency market, i will answer BTC without hesitation.

[1l1l11ll1l]

Hands down Binance Smart Chain  is much worse than Ethereum.  Binance Smart Chain is the project developed by the team which is under control of the exchange. As any exchange Binance may be closed one day  and  the worst scenario of such event would be the hack or  scam exit.  It’s not hard to guess what will happen to BSC after that.

From a technological perspective, BSC doesn't even come close to Etheruem. I don't know what makes some people think that BSC has the potential to beat etheruem in this regard. BSC actually only has one key feature for today's market, which is low tx fees, but the rest of it all ethereum is much better