Binance CEO CZ Defends Binance Smart Chain's Ethereum Copycats

[Zemomtum]

Why ETH community are crying foul when something is tiled an opensource that is available for the public to make an improvement form the existing? Binance smart chain is far better as of now that ETH in term of speed and cost of transaction.

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[suzanne5223]

I am so ashamed of Cz Binance response to the question he was asked because if Ethereum was not the creator of blockchain that doesn't mean Binance smart contract also have to copy Ethereum idea this is what leads to a lot of shitcoin creation these days but there's something fishy about the whole thing and I believe the Ethereum was paid off by Cz because they delay ETH2.0 integration while BSC was created.

[BuNga_cute]

Why ETH community are crying foul when something is tiled an opensource that is available for the public to make an improvement form the existing? Binance smart chain is far better as of now that ETH in term of speed and cost of transaction.

Maybe it's because the Ethereum platform has been used by many people for a long time, so some people just can't come up with anything new.
I agree that for now the Ethereum community should be able to open its minds, admittedly that the BSC can do what the Ethereum platform cannot.
One of them is the transaction fee which is much cheaper. We'd better not be too fanatical with one platform.

[thesmallgod]

Ethereum is open source so I do not see anything wrong if CZ makes used of it to develop a new blockchain which as for now is better than Ethereum. This is nothing strange. It cut across every dev from software to operating system, music, database, program etc.

[TastyChillySauce00]

I think this kind of thing, pointing who copies who, shouldn't be of concern. After all, blockchain projects revolve around the idea of open source where anyone could create their own version of it very easily. both BSC and ETH devs should be concerned a lot more in advancing blockchain technology and make it becomes irreplaceable technology while also essential in many systems including government so that it would further revolutionise the way this world works.
After all, this way we can get a lot more innovations when many people regardless of their status or background could contribute into refining the already existing projects even if it's doing some rebranding, I personally oppose group of people copying a project from other chain just for grabbing money but if the open source nature of ETH or any cryptocurrency could boost crypto adoption and many more, why not.