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Author Topic: Which is better: Ethereum or the Binance Smart Chain?  (Read 2794 times)
dhemasm
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June 03, 2021, 08:39:55 AM
 #121

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
I'm not an expert though but so far i understand from what i read that BSC 1:1 Copycat from Ethereum which is automatically making BSC have same "Features" With Ethereum but it was more centralized and using PoS Algorithm so i suppose we can compare it, Personally for now BSC is much better from Ethereum, Lower Gas Fees, Faster Transaction Speed and easy to use just Like Ethereum, Metamask was also supporting BSC RPC too which is making it more better but yeah it's centralized. BSC It's good alternative but i personally will choose Ethereum if ETH 2.0 Implemented.
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June 03, 2021, 09:24:01 AM
 #122

If you look at the present I will choose BSC. Maybe everyone else thinks the same. Of course, the issue of fees is the benchmark. when it comes to cost issues, most definitely choose the cheaper one. and not only that, BSC transactions are also easy and fast.

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June 03, 2021, 10:30:52 AM
 #123

Both blockchains are very popular and, in general, these two blockchains are the most popular in the cryptocurrency field after bitcoin blockchain, and of course I like binance smart chain more because of the very fast and low transaction prices, but unfortunately so far the ethereum blockchain is still more popular than bsc, but the time will come when bsc possibly will overtake ethereum blockchain, but I do not think that it will be very soon, so for now these two blockchains are in great demand.
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June 03, 2021, 10:38:35 AM
 #124

I am using only a Binance Smart Chain as it has a lower fee than Ethereum and I know that a lot of people nowadays are always looking for lower transaction fees, if we have both ways to transact then of course we are going to choose the one with cheaper transaction fees. I really avoid coins with too much transaction fees, we need to be wise and practical.

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June 03, 2021, 11:07:48 AM
 #125

both of them were good platform , and any project that come from ethereum or binance smart chain have two character. we can find bad or good project in both of them. so comparing which is better doesnt necessary at all. we ever met legit project on ethereum and bsc , but we find scam project to in these.
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June 03, 2021, 12:06:35 PM
 #126

I think both platforms have their advantages and disadvantages, so for me the two platforms are the same for making a transaction, so both platforms are very comfortable when we want to make a transaction, because both are very easy and fast when we make transactions.

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June 04, 2021, 04:06:44 AM
 #127

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.
Honestly I plan to keep these for a very distant future, I also had the opportunity to buy them from some time ago. Unlike everyone else, I don't set too many goals for this coin, it's really easy to use money to invest in these things doesn't make me feel pressured in this market. 

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June 07, 2021, 10:45:01 AM
 #128

At the moment, the eth network has low fees. True, in bsc they are even lower, but personally I do not compare which is better. In my opinion they are both good in their own way.

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kak uli
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July 05, 2021, 06:37:15 AM
 #129

Ethereum is specially designed to be an open smart contract. Transactions carried out on the blockchain can execute a smart contract in a number of ways albeit at a slightly higher fee.
While Bsc or Binance also has an order matching engine that can process up to 1.3 million transactions per second so traders don't have to worry anymore about delays in execution, meaning speed in transactions with low fees.
I think both platforms have advantages,

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July 05, 2021, 02:50:29 PM
 #130

I used to really adore ethereum, but since the emergence of BSC, I immediately switched to BSC, because the most important thing for me is the cheapest gas fee, especially ethereum gas fees have become very expensive due to a bullish market, but not with BSC, the price of BSC gas fees remains the same the cheapest, so I think BSC is better
expensive it used to be, you can see it now. everything gets cheaper. although not as cheap as BSC but all become more friendly.

I myself have both. ETH for investment but for trading ERC tokens I haven't tried it myself yet.
after yesterday's high fees, I switched day trading to BSC. in addition to lower costs, there are many new projects. I love the hype and in pancake, we can find something challenging.

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July 05, 2021, 03:11:15 PM
 #131

I used to really adore ethereum, but since the emergence of BSC, I immediately switched to BSC, because the most important thing for me is the cheapest gas fee, especially ethereum gas fees have become very expensive due to a bullish market, but not with BSC, the price of BSC gas fees remains the same the cheapest, so I think BSC is better

I'm a total fan of Ethereum and I don't have any doubt about the huge potential of this cryptocurrency but I am also one of you guys who were used to deal with the high gas fee of Ethereum and it is truly expensuve to used. But I can't deny also that Binance is truly agood cryptocurrency worth to invest with and with a friendly services especially when it comes to transaction fee. However, I can see already a good development of Ethereum today when it comes to gas fee it is lower than before.
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July 05, 2021, 03:43:28 PM
 #132

I used to really adore ethereum, but since the emergence of BSC, I immediately switched to BSC, because the most important thing for me is the cheapest gas fee, especially ethereum gas fees have become very expensive due to a bullish market, but not with BSC, the price of BSC gas fees remains the same the cheapest, so I think BSC is better

I don't think that one is better than the other one, they have both pros and cons.  So I guess the question on which one is better is debatable.  If yo are talking about the transaction fee, if they are both at the same price, I think the transaction fee would be the same.  It only looks that BSC is cheaper because binance coin is way cheaper than ETH.  And if you look at that perspective then we can say that TRX network is way better than both since the transaction fee is way too cheaper.
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July 05, 2021, 04:14:25 PM
 #133

If we talk about Ethereum or Binance Smart Chain then these two protocols are equally good and it is difficult to say which one is better. But in my opinion, for now I feel that BSC is better than ETH. For several reasons, firstly BSC fees are lower, secondly BSC transaction processing is faster, thirdly BSC claims that they are more secure, and fourthly BSC is powered by Binance, a very popular exchange platform.

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July 05, 2021, 04:17:19 PM
 #134



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July 05, 2021, 05:03:52 PM
 #135

I used to really adore ethereum, but since the emergence of BSC, I immediately switched to BSC, because the most important thing for me is the cheapest gas fee, especially ethereum gas fees have become very expensive due to a bullish market, but not with BSC, the price of BSC gas fees remains the same the cheapest, so I think BSC is better
At the moment Ethereum gas fees already have cheaper than before though it isn't cheap as BSC gas fees, still it's great works done by the dev after hearing the community issue have.

Back to the topic, if the main factor is the gas fees that you would prefer to use BSC instead of Ethereum network, then I suggest you try to use polygon network. The gas fees on polygon are quite cheap even cheaper than BSC and TPS (transaction per second) also quite fast. Furthermore, lots of projects already migrate to polygon network, I assume soon or later there would be many new DeFi projects popping up on its ecosystem.
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July 05, 2021, 05:22:23 PM
 #136

if I personally choose BSC at this time, because the transaction fees from BSC are very cheap compared to Ethereum, especially nowadays many BSC projects are very popular and have a good potential to be used as long-term investments, so that makes me believe that BSC will survive and become more popular in the future.

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July 05, 2021, 05:25:06 PM
 #137

if I personally choose BSC at this time, because the transaction fees from BSC are very cheap compared to Ethereum, especially nowadays many BSC projects are very popular and have a good potential to be used as long-term investments, so that makes me believe that BSC will survive and become more popular in the future.
It will survive for sure and that's really possible because BSC has grown a lot and it's getting stronger with a lot of projects going on it from time to time.
But the same can happen on it as with Ethereum, if the price of binance increases, I think that it will also reflect to the fees.

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July 05, 2021, 05:27:08 PM
 #138

if I personally choose BSC at this time, because the transaction fees from BSC are very cheap compared to Ethereum, especially nowadays many BSC projects are very popular and have a good potential to be used as long-term investments, so that makes me believe that BSC will survive and become more popular in the future.

With that advantage developers and traders are switcing between this two chain, but if you'll going

to look now the adjustment that ETH made will also brings investors attentions, the fees are far lesser

than before and they are in the process of bringing ETH 2.0, that might bring more interest to those

people who are still trusting this project.
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July 05, 2021, 06:09:50 PM
 #139

Currently, Binance Smart Chain is better because BSC transaction fees are cheaper and scalability is better.
However I think in the future, after Ethereum mainnet and current problems are solved. Ethereum is still the better choice.

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July 05, 2021, 07:51:27 PM
 #140

It will survive for sure and that's really possible because BSC has grown a lot and it's getting stronger with a lot of projects going on it from time to time.
But the same can happen on it as with Ethereum, if the price of binance increases, I think that it will also reflect to the fees.
Well, it looks like it will also have the same fate if the price of BNB is like the current price of Ethereum, of course the fees given will also be expensive, but if we do transactions between exchanges I prefer to use BNB instead of Ethereum because the exchange class fees given are quite high, which is 0.01 equivalent to 20$ but compared to the cost given by BNB it is much cheaper, therefore for now it is still good to use BSC/BNB.
Yea, price will also increase as the fee does too. But as long as we are happy and saving a lot of money choosing any of those, we'll going to continue using any of them. If someone prefers to continue using BNB for BSC transactions because it's cheaper than ETH's gas fee then that's also good.

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