Ethereum or Binance Chain (BNB)?

[Shasha80]

~snip

I think the presence of BSC is not to compete with Ethereum, but rather to collaborate with Ethereum. So that the Ethereum network will be lighter with the presence of BSC. The concept of BSC and Ethereum concept is almost the same. We can use Ethereum for BSC and BSC for Ethereum. This proves that BSC and Ethereum can collaborate well.

There's always a competition here in the market and there's no such thing as to collaborate especially between ETH and BSC. We all know that there's a lot of problem with ETH network before with regards to fees and its speed, that's why BSC was came in the market to offer a better and cheaper option. If ETH will can't solve this problem, them we might see BSC as the top option in the future.

BSC network is growing fast and we can see that its a big threat to ETH network but this competition is healthy since it provided better options to us and I’m also confident that ETH network is still the choice of many projects because of its demand in the market, and looking at BSC now, there’s a lot of shitcoins easily coming in to this market, just like the old days of ERC20.

Speaking of shitcoins, nowadays more and more shitcoins are popping up either through the BSC network or the ETH network. Because almost
all new projects that appear today are just copycats of existing projects. So we have to be careful if we plan to invest in new projects. But if
I compare the two I prefer the ETH network, because I'm used to using the ETH network instead of the BSC network. Competition between the two
must occur, so that both try to provide the best service for users.

[gundala]

Ethereum will always be my choice is just that gas fees now are heavily problem to the majority of people in this industry that's why BSC emerged to that occasion as a solution for that problem. I don't mind the competition as long as it can give people choices that can give them the satisfaction of whatever ecosystem/assets they use.

This is healthy competition. The more choices there will be a positive competition that can make the cryptocurrency ecosystem better. The solution arises because there is a problem, the popular ETH network triggers transaction traffic congestion, making transaction fees expensive, especially when DeFi has become popular in recent months. BSC is here to be an alternative, giving developers another choice to maximize their projects, especially since BSC is supported by one of the giants in cryptocurrency.
ETH and BSC are both profitable, just choose both and use them according to your needs, no need to worry or even argue about it.

[lozovenkop]

I'm for Ethereum. Ethereum is decentralized unlike Binance Smart Chain and the problem with commissions will soon be solved.
I would choose Binance Smart Chain, but I don't like centralization

[aditasetia123]

I'm for Ethereum. Ethereum is decentralized unlike Binance Smart Chain and the problem with commissions will soon be solved.
I would choose Binance Smart Chain, but I don't like centralization

how coulld it called as centralized?isn't it same with ethereum which is have decentralized charater. i dont see any reason why binance smart chain could mentioned as centralized chain. its ecosystem was very huge and alot of traders or investors interested with binance due developtment progress .

[Dread Pirate Roberts]

Ethereum does not depend on anything except bitcoin. and bsc depends on ethereum and bitcoin. both are also very useful coins, if there is a coin that uses the bsc platform and success. it will also have an impact on ETH because the volume will increase. as well as when ETH goes down it will definitely have an impact on the coins in the bsc chain. I conclude that both play an important role but if asked to choose I prefer eth. because reading many articles about eth 2.0 will coming and there will beprovide more features and benefits for holders.

[junmisakiro]

I think currently the ethereum network already has very cheap transaction fees so I think many people will return to using the ethereum network again and do arbit using erc20 what will make them happy is when gas costs are cheap and can be used to do arbit.

[jajorforce]

~snip

I think the presence of BSC is not to compete with Ethereum, but rather to collaborate with Ethereum. So that the Ethereum network will be lighter with the presence of BSC. The concept of BSC and Ethereum concept is almost the same. We can use Ethereum for BSC and BSC for Ethereum. This proves that BSC and Ethereum can collaborate well.

After using both smart chains, I realized that "one room and two doors". You must have BNB on a chain to send BSC tokens, the same as Ethereum blockchain. BSC will never be a competitor of Ethereum blockchain. BSC took the opportunity of Ethereum blockchain. There is none of this difference in the use cases. Now transaction cost is also going down the same.

[CaVO32]

~snip

I think the presence of BSC is not to compete with Ethereum, but rather to collaborate with Ethereum. So that the Ethereum network will be lighter with the presence of BSC. The concept of BSC and Ethereum concept is almost the same. We can use Ethereum for BSC and BSC for Ethereum. This proves that BSC and Ethereum can collaborate well.

After using both smart chain, I realized that "one room and two door". You must have BNB on chain to send BSC tokens, same too Ethereum blockchain. BSC never be a competitor of Ethereum blockchain.

BSC is giving good alternative for users if they don't want to pay ridiculous fees. But for those who don't want centralized platforms, they will stick to ETH network. Both networks are needed in this market, so it is up to the user if he will use both or one of these platforms. It is you how you will utilize these networks to your own benefit. Just be grateful that we have options in this market, and it is up to you how you will use them.

[SparrowOnTheMoon]

Ethereum is a time-tested blockchain, so I trust it, It takes time to test Binance Smart Chain.

[eaLiTy]

I think the presence of BSC is not to compete with Ethereum, but rather to collaborate with Ethereum. So that the Ethereum network will be lighter with the presence of BSC. The concept of BSC and Ethereum concept is almost the same. We can use Ethereum for BSC and BSC for Ethereum. This proves that BSC and Ethereum can collaborate well.

This is a good theory, BSC is created to help the Ethereum network because they are not able to handle the load  . BSC is a centralized copycat of the ETH network and CZ is trying to copy everything that is available so that he will have a monopoly on the cryptocurrency market and that is his main aim by the way things are going.

[kidbounty]

I think the presence of BSC is not to compete with Ethereum, but rather to collaborate with Ethereum. So that the Ethereum network will be lighter with the presence of BSC. The concept of BSC and Ethereum concept is almost the same. We can use Ethereum for BSC and BSC for Ethereum. This proves that BSC and Ethereum can collaborate well.

This is a good theory, BSC is created to help the Ethereum network because they are not able to handle the load  . BSC is a centralized copycat of the ETH network and CZ is trying to copy everything that is available so that he will have a monopoly on the cryptocurrency market and that is his main aim by the way things are going.

yes you are right, CZ seems to be trying to monopolize the market. currently they have a big exchange, and a smartcontrac platform that is in competition with ethereum. if BSC can beat ethereum, in the future crypto will only be centralized.

[bison]

For now I personally think I prefer Binance, because right now it is the biggest market in crypto, then obviously the fees are cheaper on each transaction, compared to ETH which costs are already unreasonable, but if the fees on ETH come back cheap, maybe I would choose ETH without leaving Binance.

[Golftech]

For me it is BNB, but to be honest before BNB, I really like ethereum, because ethereum has become an important part in the crypto world, there have been so many altcoins that have integrated with ethereum, but with the emergence of BNB which has gas fees much cheaper than ethereum and BNB utility which is better than ethereum, made me switch to BNB

BNB really adds up to competitions as there are many developers who see the value of this chain,

though ETH already adjusted the transaction fees there are already big support for binance chain

it's really tough to call now as both are moving forwardly and they are adding the value for their

respective supporters.

[kenelmark]

There's a new kid in town named "Binance Smart Chain" focused on rivaling Ethereum into becoming the world's second-largest cryptocurrency by market cap. It went all the way from being worth cents (in USD) to just hundreds of dollars in an instant. Unlike Ethereum, Binance's smart contract platform offers a greater degree of flexibility with ultra-low fees and blazing-fast transaction processing times.

Of course, no other cryptocurrency (except Bitcoin) can outmatch Ethereum's level of decentralization. I guess that's why most developers continue to build dApps on ETH instead of migrating to BNB altogether. For different tastes, needs, and/or purposes in life, will be the type of cryptocurrency to use.

I prefer Binance Chain over Ethereum anytime because of its benefits. But some people will prefer Ethereum over Binance Chain because of its decentralized and censorship-resistant design.

What's your choice? Ethereum or Binance Chain? Why did you select such cryptocurrency? Will one of them fade into oblivion sometime in the future? Or will they co-exist for many generations? Your input will be greatly appreciated. Thank you

Although BSC is getting the full attention of today's crypto users, both in terms of transaction fees and speed of transactions. But I'm still interested in Ethereum. Ethereum smart contracts are still active for all platforms today. BSC is only making the second platform with BEP20 tokens from the base token.

[Hovarda]

I think that bsc caught a very good opportunity and made good use of it. I prefer bsc recently because of the commission rates. Eth fee rates continue to fall and this increases competition. I think this future competition is a positive development for the market.

[bison]

I would say those two coins are all good coins in terms of fundamentals, scalability and profitability of investments. It only differs between the other aspects of flexibility of gas fees users do prefer for much lowest transaction fees with has a same functions of making.

Yes, both are good to use as an investment, as you said, the only difference is that the cost of binance gas is lower and it makes more and more enthusiasts, but even though the fees for ETH are high, recently the transaction fees have decreased, basically there is no problem we want choose which of the two.

[laohe628]

I choose Ethereum, the ecosystem of Ethereum has been developing for several years now, which is beyond the reach of the newbie BSC.
Ethereum's drawback is high fees, but what will happen one day when the BSC is as congested as Ethereum? These two will surely be forgotten in the long course of history.

[tvplus006]

I choose Ethereum, the ecosystem of Ethereum has been developing for several years now, which is beyond the reach of the newbie BSC.
Ethereum's drawback is high fees, but what will happen one day when the BSC is as congested as Ethereum? These two will surely be forgotten in the long course of history.

In recent days, the commission amount in the ethereum network is only 10 gwei, which is about half a dollar. I was selling a coin on PancakeSwap yesterday, and in order for the order to be closed in a timely manner, I had to increase the Gas, because the load on the BSC network increased markedly, and as a result, I paid a commission of $0.45, which is approximately equal to the commission on the ethereum network.

[goinmerry]

There's no rivalry in the first place. BSC becomes a good alternative because of the ridiculous fees in the Etherium blockchain.

If there are no crazy gas price fees that happened in ETH, and there are even cases that when the transaction got failed, you still pay high gas fees, I'm sure using ETH will maintain their dominance just like during the time of golden days of ICO where most projects are backed by ERC20 tokens.

Right now, I prefer transacting within BSC but it doesn't mean I won't transact with ETH anymore.

[pinoycash]

I choose Ethereum, the ecosystem of Ethereum has been developing for several years now, which is beyond the reach of the newbie BSC.
Ethereum's drawback is high fees, but what will happen one day when the BSC is as congested as Ethereum? These two will surely be forgotten in the long course of history.

Yes, most crypto users prefer ethereum over BSC, But since most developers now are using BSC for their project most people have no choice but to follow the trend and use BSC. Once ETH switch over to POS i hope it would be faster and cheaper to transact.