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Author Topic: Which is better: Ethereum or the Binance Smart Chain?  (Read 2788 times)
gabbie2010
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July 26, 2021, 08:38:18 PM
 #161

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

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many people will answer that currently bsc is better than eth because bsc transaction fees are lower than eth at this time. but for me both have their respective advantages and disadvantages. so that I will choose one of the two according to the conditions I need. because I am a bounty hunter who accepts altcoins from bsc and eth. so I need both.
Investors or trader will rather prefer a coin with a cheaper transaction fee invariably BSC fit into that feature however majority of developers will still stick with ethereum based on it ERC20 enabled feature however the the high cost of transaction fee will get lower once eth developers launched ETH2.0 it obvious that it developers are aware of the challenges of high cost of gas  It is a good thing that BSC is getting popular and is also being adopted for some projects both coins are also good for investment because of their volatility irrespective of the market conditions.

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July 26, 2021, 09:51:18 PM
 #162

At this moment of time, a lot of NFT Uses Binance Smart Chain.
and i think i could say its the new trend.
so from that i can conclude that Binance smart chain is better from Ethereum, and i mean no disrespect.
and the fees are much cheaper.
cricketkhampion
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July 27, 2021, 05:34:08 PM
 #163

Both are better but the best is Ethereum because it is trusted and also have more supporters than Binance Smart Chain that's why Ethereum is the best from BNB and Ethereum is also the top 2 cryptocurrency you can search it on google. If you want low fees better coin than the BNB is better from eth


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July 28, 2021, 04:48:28 PM
 #164

I am prefer with Binance smart chain, although BSC is like copying from Ethereum network, but what BSC doing is very well, simplify the nodes and small fee include is my favorite, the speed of transaction also very good, and mostly what i am daily task is at Binance, so the Binance smart chain still good for me.
Actually, this question is just where we need to use it, if we must do it at Ethereum network, i think its okay at all as long as it worth it since the gas fee sometimes high at Ethereum network.
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July 28, 2021, 05:04:40 PM
 #165

I am an old fan of Ethereum network.  But now I want to say that Binance Smart Chain is the best. Because the Ethereum network is fully saturated, both the transaction time and the fee are higher. On the other hand, in Binance Smart Chain, both the transaction time and the fee are less.
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July 28, 2021, 05:10:34 PM
 #166

Currently, BSC is better because it is chosen by people to use more cheaply and quickly.
BSC and ETH have the same way of building DAPP. In terms of decentralization, ETH is better.
Personally, I would choose BSC because of its low cost and high speed.
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July 28, 2021, 05:13:15 PM
 #167

both are good and also a top platform in the crypto market. it's just that most small traders prefer to use the BSC platform because the fees are cheap. but that does not mean not using the ETH platform. for me personally use both, but I mostly use the BSC platform.

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July 28, 2021, 05:18:39 PM
 #168

Currently, BSC is better because it is chosen by people to use more cheaply and quickly.
BSC and ETH have the same way of building DAPP. In terms of decentralization, ETH is better.
Personally, I would choose BSC because of its low cost and high speed.
the most noticeable are the day traders in the market. now more and more are moving to BSC. because the reason is the problem of cheaper fees and transaction speed.
but some investors are still consistent with tokens with the ethereum network.
I'm sure both are still popular. now the increase is indeed happening in the BSC. but we don't know what about the future.




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July 28, 2021, 09:24:56 PM
 #169

Currently, BSC is better because it is chosen by people to use more cheaply and quickly.
BSC and ETH have the same way of building DAPP. In terms of decentralization, ETH is better.
Personally, I would choose BSC because of its low cost and high speed.

The major difference is that ETH is decentralized, whereas, BSC is centralized. So if it is fine with you dealing with centralized system, you can go to BSC because the fees are cheaper. But if you want to stick with decentralized system, you will only use ETH. For me, I'll use both, because it depends on the token that you are holding and it is ok with me using BSC because you can have your transactions as relatively cheaper and fast. So it depends on the priority of the user.
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July 31, 2021, 03:56:14 PM
 #170


the most noticeable are the day traders in the market. now more and more are moving to BSC. because the reason is the problem of cheaper fees and transaction speed.
but some investors are still consistent with tokens with the ethereum network.
I'm sure both are still popular. now the increase is indeed happening in the BSC. but we don't know what about the future.

Low cost and high speed are always advantages. ETH has created a space for Solidity programmers to develop and BSC is a place for them to make money. Developers on ETH can easily develop on BSC because the way DAPP is built is exactly the same. If ETH offers cheaper transaction costs, high speed, and stability, it can attract users back to ETH.
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July 31, 2021, 03:59:22 PM
 #171

Currently, BSC is better because it is chosen by people to use more cheaply and quickly.
BSC and ETH have the same way of building DAPP. In terms of decentralization, ETH is better.
Personally, I would choose BSC because of its low cost and high speed.

The major difference is that ETH is decentralized, whereas, BSC is centralized. So if it is fine with you dealing with centralized system, you can go to BSC because the fees are cheaper. But if you want to stick with decentralized system, you will only use ETH. For me, I'll use both, because it depends on the token that you are holding and it is ok with me using BSC because you can have your transactions as relatively cheaper and fast. So it depends on the priority of the user.

Decentralization or centralization doesn't make much sense anymore because BSC has quickly brought many utilities and thousands of projects developed on BSC. I believe that CZ and its team will not let their project die. The current problem of space is duplication and creative laziness. Projects on BSC tend to unconsciously copy which has led to many DEFI attacks in recent times.
I prefer using BSC because it gives me high speed at a low cost.

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July 31, 2021, 05:09:29 PM
 #172

Binance smart chain is better as compared to Ethereum. Users may transfer money and deal with digital currencies faster and more cost effectively on BSC. Gas fee of BSC is very low. Yield farms operate more efficiently on Binance smart chain as fees are very low and transaction are very fast.
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August 04, 2021, 03:23:02 AM
 #173

In These Days Binance smart chain is better than Ethereum and the main camparison in these days why binance smart chain is better than Ethereum is Cheap Transactions Fees And Binance smart chain is totally centralized , Ethereum Has High Gas Fees And That's why many projects promoting from ethereum to Binance Smart Chain.

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August 04, 2021, 03:50:16 AM
 #174

In These Days Binance smart chain is better than Ethereum and the main camparison in these days why binance smart chain is better than Ethereum is Cheap Transactions Fees And Binance smart chain is totally centralized , Ethereum Has High Gas Fees And That's why many projects promoting from ethereum to Binance Smart Chain.
everyone said the same thing. BSC transaction fees are indeed cheaper than ethereum. adoption of the blockchain network is also a more dominant BSC for now. but I believe the ethereum market position is still better than BSC.
The adoption of the bustling BSC market is still relatively new. they are busy because they gain momentum from the problems experienced by ethereum. but for me, ethereum is still the best.

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August 04, 2021, 03:55:45 AM
 #175

Personally, I consider both to be good and safe options in the long term. At some point the trading volume on BSC surpassed ETH, which shows that there is a need for users to use low-cost trading on BNB. I love ETH more because I am very interested in EIP-1559 coming out on Hardfork.
Bottom line: Both meet the needs of a large market base.

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August 04, 2021, 10:26:58 AM
 #176

I look at BSC as the alternative way to save from paying huge fees to miners but I know that this high transaction fee couldn't be staying forever and soon it lower down.

To be honest, I will still choose ETH. Might BSC is a good investment to try but I'd rather have to keep ETH this time until such a time BSC proved to be good and reliable. I'm just practical and I know that ETH developer will do their best to give a solution to the fees problem but somehow, it can't just to fast to address and it needs time. I'm still waiting then.
Why hope until the ETH developer solves such an important problem as high fees and low transaction speed? There are already solutions to these outdated technological problems. Projects like Solano, Dot and Near have long been replacing the legacy ETH technology. they just need to be given a little publicity and time.
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August 04, 2021, 11:18:33 AM
 #177

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

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For now, I see that BSC is a good platform. Maybe one of them is the transaction fee. But, a smart contract, ETH is better in my opinion.
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August 06, 2021, 04:24:32 PM
 #178

Different kinds of blockchain have the opportunity to switch from blockchain. BSC is low cost and faster than Ethereum blockchain. Now I would like to use BSC instead of ETH blockchain. Although we should remember that the new blockchain must have a better opportunity than the older one. Ethereum 2.0 will solve all the problems in one year. Definitely, Ethereum is the most popular blockchain till the next year.
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August 12, 2021, 06:07:56 PM
 #179

There are a lot of hacks in the BSC network, this is already becoming a trend.
the cycles are lengthened, and each subsequent cycle is longer than the previous one. Therefore, I do not think that we should expect something in 2025. It is difficult to say whether this will be so.

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August 12, 2021, 09:12:57 PM
 #180

Different kinds of blockchain have the opportunity to switch from blockchain. BSC is low cost and faster than Ethereum blockchain. Now I would like to use BSC instead of ETH blockchain. Although we should remember that the new blockchain must have a better opportunity than the older one. Ethereum 2.0 will solve all the problems in one year. Definitely, Ethereum is the most popular blockchain till the next year.
Well, I am still loyal to the old Ethereum blockchain and for me, they have different usage.
The BSC blockchain network is good for trading purposes only in order to save fees but it is not good to hold a long period of time like a coin of investment not just like the old Ethereum which has the potential that it will grow multiple times in the future since it is a leader of all altcoins right now. BSC is very popular because it is commonly used by traders and Binance is a very popular trading site to use and BSC is a copy cut of the Ethereum network which does not look good at all.









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