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Author Topic: Is Binance Smart Chain the "New Ethereum"?  (Read 3144 times)
dhemasm
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August 14, 2021, 10:10:57 PM
 #261

No, its not too early to ask that question because that question doesn't make sense anyway. I really don't get these type of questions. What is the point of asking that? I feel like people raising this type of questions are stuck in the past with their whole life. They hold an iPhone in their hands, look at it and think: "wow, this is the new Nokia". What the hell is wrong? BSC is a chain operated in a quasi centralized way by Binance while Ethereum is a publicly funded chain that prioritizes decentralization over anything else while trying to come up with innovative solutions to increase transaction capacity and reduce costs. Who is who here? ...
People was known BSC as an Copycat for Ethereum with same use case and basically same everything the only things that make it different was Centralized Validator Set (For Now (?)) and not majority knowing this especially newcomers, It's normal to see this question since the people was only understand the concept behind it but not really understand what make it's different, Even though it's centralized as you can see it's was really having good performance lately to become Ethereum "Alternative" or maybe the "New" Ethereum in the future, Well let see what will happens.
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August 14, 2021, 10:42:13 PM
 #262


I think it's too early to say that Binance Smart Chain is the "New Ethereum", because it's in a BSC trend, but Ethereum is also setting a very good record. Even with the arrival of Eth02, Ethereum enthusiasts are increasing.
personally i am agree binance smart chain as new ethereum, it have same or even better feature in network scalability and transaction fee. BSC on chain daily transaction now beat ethereum on chain daiky transaction , and i think its good indicator to say BSC as new ethereum. alot new project now use this platform and effected to bnb demand.
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