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Author Topic: Give reasons why ETH is better than BSC  (Read 3311 times)
redwine49
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May 12, 2021, 02:41:53 PM
 #221

It is correct in my opinion that comparing these things will not be comparable to what has been achieved by ethereum,
especially if ethereum 2.0 is launched maybe it will make the price go up,
and for me personally it is clear that ethereum is better than the BSC
Yes, actually this is very clear, you can also see an increase in the price of Ethereum at this time even though the problem of the amount of transaction fees on Ethereum is still very large, but it is not an obstacle for Ethereum.
Although it is not an obstacle, many people complain of high gas costs,
but I'm sure the ethereum team think about it and for sure they will also do something,
we just look forward to the development of ethereum in the future
Yaa... ETH 2.0 still long way to go. Best scenario it will be completed in early 2022.
But many people are too excited about the price action. I do thing that ETH or BSC is overprice right now

The rise to the current BSC network has created new hype. This is the main attraction for investors to take part in tokens in the BSC network. The low transaction fees are also a plus. This is different from ETH, whose transaction fees are quite expensive for traders who do not have large capital.
Everything is up started from january including BSC.
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May 12, 2021, 04:05:14 PM
 #222

just because of the fee problem, bsc can be said to be superior for now, the rest bsc only imitates 100% of the ETH network both from the smart contract and the address. If the problem of eth fee eth is over, bsc will not be too popular anymore.
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May 12, 2021, 05:30:11 PM
 #223

Etherem is an old altcoin that is very strong in the cryptocurrency world, the proof is that etherem still dominates the BSC with a very dominant price difference, and recently ETH has increased when some people leave it, indeed BSC is very popular today because of its fee fees.  Very low and steadily increasing, but I think ETH is better than BSC.
Before the BSC in the crypto space, ETH was already the best and led all the other Altcoins in the crypto space, so if everyone at this point compares ETH to BSC on all sides, then it is clear that ETH will win in this space.
It is correct in my opinion that comparing these things will not be comparable to what has been achieved by ethereum,
especially if ethereum 2.0 is launched maybe it will make the price go up,
and for me personally it is clear that ethereum is better than the BSC
- The number of days countdown for ethereum's update is coming very close, we can count each day and look at its value, ethereum had its celebration and pride too quickly ahead of its time of success and when all goes well as expected, ETH will avoid getting out of the hand of BSC, BSC will not be able to continue competing. But this is a football game, some situations that can turn the whole game upside down can happen at the last minute, so I need a complete confirmation of this victory


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May 12, 2021, 07:28:58 PM
 #224

Ethereum is actually great not until it messed up with the gas issue. Though Ethereum is already a huge network there are still factors that hinders its growth particularly its scalability, but I think once it is solved it could be a new dawn for the network meanwhile BSC is catching up but its very close to topple Ethereum at any moment.
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May 13, 2021, 02:02:49 PM
 #225

Although it is not an obstacle, many people complain of high gas costs,
but I'm sure the ethereum team think about it and for sure they will also do something,
we just look forward to the development of ethereum in the future
Ethereum will always be growing, and some of the people who complain about Gas fees are only small traders and bounty hunters who can't make transactions through their ERC-20 wallets, but for those who actively trade with Ethereum, they always get the maximum profit because of the price Ethereum always increases slowly, except when the market is in a correction.

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May 13, 2021, 02:23:49 PM
 #226

Ethereum is actually great not until it messed up with the gas issue. Though Ethereum is already a huge network there are still factors that hinders its growth particularly its scalability, but I think once it is solved it could be a new dawn for the network meanwhile BSC is catching up but its very close to topple Ethereum at any moment.
with all the shit projects coming out in bsc like every hour and the fact that some people all over these projects without even thinking and with all the rugpulls that are happening more frequently day by day I doubt bsc gonna last long.
The gas problem eth has only prove that shitton of people are using it daily meanwhile bsc is like the casino version of eth where almost all of the projects are just massive pump and dump then rugpull after few weeks.
You think that kind of chain can overtake eth? I don't think so LMAO.

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May 13, 2021, 04:48:55 PM
 #227

I think BSC is better than ETH because the token sending process is very fast and the transaction fees are also much cheaper than ETH.
ETH is indeed a coin that has quite a lot of popularity so that many ETH buying and selling transactions occur in one day, but if the price of transaction fees on ETH does not decrease, the popularity of ETH will decrease.
At times like this I prefer BSC to ETH, but if the price of ETH drops again then I will choose ETH.

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May 13, 2021, 05:17:07 PM
 #228

I think BSC is better than ETH because the token sending process is very fast and the transaction fees are also much cheaper than ETH.
I am not agree with you on this point. I think if the transaction fee of ethereum was not high then the BNB coin of $30 would have hit $100. In 2017-18 the price of BCH was double that of ethereum. Now BCH is priced at $1100 and ETH is priced at $3700. After a year, the situation of bnb will be exactly the same.
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May 13, 2021, 05:32:10 PM
 #229

in my opinion Ethereum will still be the best choice for everyone in this industry, although currently being the scorn of many people, of course it will not reduce its enthusiasts, because Ethereum is the tail of Bitcoin its popularity is clearly better than BSC which is still too early to be ambitious to outperform Ethereum
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May 13, 2021, 07:04:42 PM
 #230

Ethereum has established itself in such a way that no one can shake it anymore. Problems with the cost of transactions will be resolved, and many projects will return to ETH again. BSC will not be able to come close to ETH, they are both good, each in their own way, but they are indifferent "weight" categories.
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May 14, 2021, 08:03:03 AM
 #231

Ethereum has established itself in such a way that no one can shake it anymore. Problems with the cost of transactions will be resolved, and many projects will return to ETH again. BSC will not be able to come close to ETH, they are both good, each in their own way, but they are indifferent "weight" categories.
True, because ETH is already so much stronger in general that it will be difficult for others to rock it now, BSC is good, but it has its own direction which will only affect itself so it will not influence others to develop, neither does ETH.

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May 14, 2021, 09:18:53 AM
Last edit: May 14, 2021, 09:57:52 AM by redwine49
 #232

just because of the fee problem, bsc can be said to be superior for now, the rest bsc only imitates 100% of the ETH network both from the smart contract and the address. If the problem of eth fee eth is over, bsc will not be too popular anymore.
As long as crypto adoption grow. ETH need to upgrade their maximum transaction/day.
i don't think many people will come to use ETH network if the network stay at 2M transaction per day.
if maximum transaction still same, transaction costs will increase as transaction demand increases.

Ethereum will always be growing, and some of the people who complain about Gas fees are only small traders and bounty hunters who can't make transactions through their ERC-20 wallets, but for those who actively trade with Ethereum, they always get the maximum profit because of the price Ethereum always increases slowly, except when the market is in a correction.
yes in exchange. not for them who want to use ETH network to trade ERC20 tokens.
Transaction cost will cut more profit if the cost continue to increase
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May 14, 2021, 09:45:21 AM
 #233

Yes, their expensive gas fee has long been an issue with the ETH network as its price went up back then.  But just like Bitcoin, it has not been a barrier to staying in place.  Some coins started in the ETH network that has now moved to BSC due to an issue that is still unresolved.  However, the projects or platforms running in their chain can create ways to have a new system to avoid this costly transaction, and that is exactly what the network can do.

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May 14, 2021, 06:18:31 PM
 #234

How about the reason that it's the father of BSC and BSC is actually a copy-paste of it?
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May 15, 2021, 09:01:37 PM
 #235

Ethereum has been around for a long time before BSC came in place and Ethereum is the second best crypto coin after Bitcoin. But the major reason is because BSC is still operating on the Ethereum Blockchain.

I didn't know BSC is operating on the Ethereum blockchain. Are there plans for the BSC blockchain to migrate to its own blockchain or why did you say they are still operating on Ethereum?

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May 15, 2021, 09:59:49 PM
 #236

How about the reason that it's the father of BSC and BSC is actually a copy-paste of it?
What do you mean by that?  BNB first started on the ETH network until they had their Blockchain called Binance Smart Chain (BSC).

If Bitcoin is the father of cryptocurrency, Ethereum is the father of altcoins.

Binance is a unique ecosystem of decentralized. But their exchange platform is centralized.

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May 15, 2021, 11:11:48 PM
 #237

ETH by all means and purposes have already accomplished a lot of things that  BSC is hoping to achive as a lockchian of cjoice for the development of new and innovative cryptocurrency projects, and even though we all like to point to the high prices of ETH gas fees, it is worth remembering that these same gas fees were once very low too and there is no guarantee that BNB will not have the same problems in the future.
BNB right now is more attractive than ETH as an investment option, but i don't see it overtaking ETH as the second top cryptocurrency anytime soon

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May 16, 2021, 04:26:24 AM
 #238

yes in exchange. not for them who want to use ETH network to trade ERC20 tokens.
Transaction cost will cut more profit if the cost continue to increase
To make transactions on the ETH network in terms of trading ERC20 tokens is still very difficult to do unless the token price is really expensive, but this is not something that can cause ETH to be forgotten by many people because to get profit through ETH is still very open with clear.

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May 16, 2021, 11:48:53 AM
Last edit: May 16, 2021, 12:01:28 PM by redwine49
 #239

How about the reason that it's the father of BSC and BSC is actually a copy-paste of it?
Ya. ETH will stay king for all smart contract coin out there.
That doesn't mean BSC doesn't have a role in the smart contract market.
the current ETH network cannot cover all smart contract transaction requests. we know ETH only can handle 2M transactions per day.
we know it's not enough, people need more

Ethereum has been around for a long time before BSC came in place and Ethereum is the second best crypto coin after Bitcoin. But the major reason is because BSC is still operating on the Ethereum Blockchain.

I didn't know BSC is operating on the Ethereum blockchain. Are there plans for the BSC blockchain to migrate to its own blockchain or why did you say they are still operating on Ethereum?
HAHA,That's the old BNB ERC20. It's 2021 BNB already have their own blockchain BEP2 & BEP20
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May 16, 2021, 12:25:45 PM
 #240

A number of projects have already migrated to BSC from the ETH chain due to the well known issues. Umbrella Network is one of them. But the market is already quite saturated, and Cardano and Polkadot are also hunting for market share. But as far as DeFi is concerned, I guess BSC is having an advantage compared to them. But ETH is currently on top, with more than 200 projects on its platform. Let's hope that BSC will be able to overtake it within the next 2-3 years.

The advantage for BSC here is that projects that are already listed in the ETH platforms can migrate to it, with hardly any change to the code. This level of compatibility is absent with the other competitors. But I am not comfortable with their algorithm which gives most power to the top 21 nodes (and I guess all of these nodes are owned by Binance).
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