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Author Topic: Which is better: Ethereum or the Binance Smart Chain?  (Read 2788 times)
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May 10, 2021, 11:54:24 AM
 #61

both have almost the same network, so it depends on Fomo and users who decide which one is better, for now BSc is superior to fees because eth fees are still expensive but from usage I think ETH has more users and also marketcap eth is still bigger than BNB, So my conclusion ETH is still better.
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May 10, 2021, 11:57:59 AM
 #62

Ethereum is the second to Bitcoin in terms of value. So, I must prefer Ethereum than BNB although BNB is also a good coin and has a chance to grow more in the future. If you have enough to invest, then choose both Ethereum and BNB. But now Ethereum has a high gas fee unlike in BNB but look at the value of Ethereum already touched $4k this day. and I believe it will increase even more. Because despite of a higher gas fee many people continue to use it.

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May 10, 2021, 02:55:36 PM
 #63

In terms of technology value and what has been done in the blockchain space, Ethereum has more projects, long-term development and a richer BSC ecosystem.
In terms of convenience for users, BSC brings comfort when transaction speeds and transaction costs are lower.
It's hard to say which Ethereum or BSC is better. Personally, I find that the saving of transaction costs and high speed makes me devote more love to BSC.

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May 10, 2021, 08:11:10 PM
 #64

I prefer BSC over ETH, because of course due to cheaper gas fees, but on the other hand, ethereum is clearly bigger than binance, and ethereum has been around for a long time than binance, ethereum has also integrated with many other altcoins. but I am sure that in the future BSC will be more developed than ETH

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May 13, 2021, 08:25:01 AM
 #65

Currently, the binance smart chain is being used more in the cryptocurrency market. In my opinion, its use has come down due to ETH transaction cost. At present the transaction cost of ETH is very high. So now everyone is leaning on binance smart chain.

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May 13, 2021, 08:47:30 AM
 #66

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.
Both the coins are good. Both have large number of investers and both are growing very fast. But I think most people like binance smart Chain nowadays, because it has lower gas fee than ethereum and many projects are migrating from eth to bsc.

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May 18, 2021, 04:35:33 PM
 #67

Ethereum is undoubtedly the king of smart contracts right now. Every metric proves the domination of ETH network in attracting demand for decentralized apps, at the moment.

The BSC network, which is compatible with the Ethereum Virtual Machine, (EVM) can be easily ported over ETH apps and users. This is proven by seeing more and more migrated apps and users, who don’t want to pay these enormous gas fees.
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May 18, 2021, 06:10:34 PM
 #68

Ethereum has been there for many years but the attraction of investors have been considerably reduced in the recent history mainly due to the high transaction fees. At this moment, I prefer BSC network mainly due to the affordable fee structure.

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May 18, 2021, 07:05:39 PM
 #69

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.
Transaction per second also matters, suppose low cost but the TPS is 1 per second. Tron, Vechain, Cardano and EOS also have low costs, but why do we like BSC? The main reason is Binance exchange and other services. Binance exchange forces us to use BUSD instead of Tether. Tether withdraw fee was zero, which is now 1 USD, but BSC withdraw cost 0.8 cents.
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May 18, 2021, 07:10:54 PM
 #70

It is no brained that ethereum network effect is big so also are the developers on ethereum network.  Beside,  the recent binance bep20 is a fork of ethereum network.  Binance should not be  compare with  ethereum. However,  I think binance has done well in giving us alternative to expensive fee on ethereum!

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May 18, 2021, 09:22:59 PM
 #71

From the users perspective, the binance smart chain is presently better than the ethereum blockchain because it is a lot faster and has much lower transaction fees.
From the development perspective, Ethereum blockchain has been proven to be very versatile in the development of smart contracts and different types of cryptocurrency projects
Personally i prefer BSC

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May 18, 2021, 11:22:08 PM
 #72

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

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Currently BSC has become a mainstay for traders because transaction fees using BSC are very low. so in my opinion bsc is the best. and make transactions using bsc the process is faster than ethereum. and have a totally centralized network

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May 18, 2021, 11:39:21 PM
 #73

Right now i think BSC is be more usefull for me than ETH. So i will say BSC is better because the FEE of eth is verry high and for small trader like ME it's too expensive.

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May 18, 2021, 11:44:07 PM
 #74

Right now i think BSC is be more usefull for me than ETH. So i will say BSC is better because the FEE of eth is verry high and for small trader like ME it's too expensive.

That's personal since you really see the usefulness of BSC due to the high fees of ETH, though for other people

they might see provide different opinions, but what is important is there's good alternative for small traders to

continue doing their transactions, BSC serve this purpose and it's been enjoyed by small players and traders.
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May 18, 2021, 11:51:14 PM
 #75

Currently BSC has become a mainstay for traders because transaction fees using BSC are very low. so in my opinion bsc is the best. and make transactions using bsc the process is faster than ethereum. and have a totally centralized network
So you think that a centralized network can be trusted and you are really happy with the development. If i have to select between ETH and BSC chain i will always choose ETH simply because it is much more decentralized than BSC who simply copied ETH and started their own centralized chain and right now we see developers using both these network but it will change eventually when ETH upgrades is implemented completely.
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May 19, 2021, 12:00:15 AM
 #76

In terms of gas fee, BSC is now better than Ethereum but if you talk about investing, then I think both Ethereum and BSC are better coins to choose to invest as long as you have capital. I use BSC now as an alternative in making transactions because sometimes I can't carry the higher gas fee of Ethereum but I will not stop investing in Ethereum because I believe one day the transaction fee of Ethereum will going back to a normal lower gas fee.

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May 19, 2021, 12:13:56 AM
 #77

In terms of gas fee, BSC is now better than Ethereum but if you talk about investing, then I think both Ethereum and BSC are better coins to choose to invest as long as you have capital. I use BSC now as an alternative in making transactions because sometimes I can't carry the higher gas fee of Ethereum but I will not stop investing in Ethereum because I believe one day the transaction fee of Ethereum will going back to a normal lower gas fee.
but for a trader, BSC is a solution to still get maximum profit at a lower cost. but for investment, I think ethereum with tokens on the ethereum network is still good for us to save.
There are already many projects that have become big on the ethereum network, maybe their popularity is waning now due to the high cost, but in the long run, those on the ethereum network are still very good investments.

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May 19, 2021, 02:35:03 AM
 #78

In my opinion, the advantage of BSC is only transaction fees. the rest of the projects in the BSC network are mostly shittoken. different from ethereum which has been proven for more than 3 years and also has a well-formed ecosystem. so for me if you compare between the two of course I prefer Ethereum. although the transaction fee is relatively more expensive than the BSC

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May 19, 2021, 03:14:07 AM
 #79

I like both coin as I know each coin is very promising and potential now and in the future base on their use case and platform. They has huge and active community. Both has profisional team and wise strategy. Both should be choose. If ever just one, I will pick Binance smart Chain.

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May 19, 2021, 03:17:17 AM
 #80

For a while, I never stored ETH or ERC20 Token on personal wallet and never trade on DEX that use Ethereum blockchain because reason of high transaction fee. I dont want to pay like 10% fee only for sending or swap token. Not only BSC that have lower transaction fee but there are alot of others smart contract platform that started to grow like Solana, Avalanche and Polygon. I avoid high fee because I want to make more money. If ETH does not solve the problem of high transaction fee as soon as possible, more user will left it and move to another.

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