Ethereum or Binance Chain (BNB)?

[blackened515]

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.

I prefer BSC tbh because of the low thats all, ethereum fee is too high and not affordable but I'm very sure on day in the future, bsc network will be congested and the high fee will start, btc started with low fee, same with eth but now these twos are killing badly, looking at the project built on eth, they are really bringing development like that of the cartesi, bsc comes with tend and that's why everyone else are using it, time will come when eth will succeed and complete in their POS implementation and development equally the eth 2.0, let's see the future holds.

[1714847347]

1714847347

[1714847347]

1714847347

[1714847347]

1714847347

[Sendi blackspade team]

There is no clear winner at this moment, after the recent hacks, the community is favorable with Ethereum but the only drawback is its fees. Once the fees become low or ETH starts to burn, I think then it will be a real competition between these two. Binance has done a splendid job in the past with other services and BSC might be their greatest creation.

I agree with you. BSC is a highly innovative binance product development and is a solution that solves the problem of the high cost of ethereum.
but it looks like now we can see how ethereum transaction fees are also starting to decrease and are quite cheap. but maybe it's not as cheap as BSC.

[bryant.coleman]

I agree with you. BSC is a highly innovative binance product development and is a solution that solves the problem of the high cost of ethereum.
but it looks like now we can see how ethereum transaction fees are also starting to decrease and are quite cheap. but maybe it's not as cheap as BSC.

There are still a lot of people out there who don't trust Binance. And they believe that BSC is a centralized Blockchain which is controlled by Binance (which is not true actually, although many of the nodes seems to be operated by Binance). The fee with BSC is in the $0.10-$0.20 range, which is almost 100 times lower when compared to Ethereum. Also, BSC is compatible with the Ethereum chain and many users believe that this creates some kind of interdependency between the two chains.

[Jaered]

I have already wagered that Binance Smart Chain would overtake Ethereum in scalability and adoption. Why? It is backed by one of the biggest forces and organizations in the cryptoverse. And oh, low transaction fees and high dapp adoption wouldn't hurt too

[Abiky]

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.

I guess you're right. After all, Binance Chain is based on Ethereum. Developers can easily migrate Solidity-based dApps from Ethereum right into Binance Chain if they want to. While BSC is much more scalable than ETH, its biggest downside is the centralized network design. Binance controls a large portion of the network's limited number of nodes, making Ethereum a more suitable option for those looking into decentralization and censorship-resistance. With how far Ethereum went since its inception, it looks very unlikely Binance Chain will replace Ethereum anytime soon. It's works more as a complement than anything else.

Nonetheless, I believe that Binance Chain is here to stay. Its blazing-fast speeds and low gas costs makes it a great alternative for people looking to participate in "De-Fi" without breaking the bank. I'd envision a future where both Ethereum and Binance Chain (BNB) will live alongside each other for many generations. Ethereum will be the smart contracts platform for the people, while Binance Chain will be the smart contracts platform for companies and businesses alike. It shouldn't be long enough before the aforementioned cryptocurrencies become a part of our daily lives. Just my thoughts

[meves99]

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

Until now I still choose Ethereum Cryptocurrency, because the market value is still stable, and also Binance Chain will be good in the future.

[carlisle1]

There is no clear winner at this moment, after the recent hacks, the community is favorable with Ethereum but the only drawback is its fees. Once the fees become low or ETH starts to burn, I think then it will be a real competition between these two. Binance has done a splendid job in the past with other services and BSC might be their greatest creation.

Yeah right BSC really creates new opportunities for those developers who are looking for alternative,
while ETH have huge fees way back though they are currently adjusting, but still far from how much BSC is offering.

We can't tell which is which, going to depend from how investors or traders will see which one is much better when using the system.

Still far from this two chain, there are more offers to come as developments are progressive.

[nowlscor18]

I choosed both because both of these coins are still good, eventhough BNB is dominating right now because it's newer and lower fees but i think ETH is still strong in the market for at least 5 years. So for me it's better to take attentions for this two rather than choosing one of them

I also choose both, we can totally see how good both is, though there is a downfall but still it can manage to maintain their standing in crypto. They are both the choices of many people in crypto because of its capabilities and wholeness as a good and useful coins. Let us also remember that the experience of being at the top or down is just normal. Never easily panic about it, better to be calm always.

I will also choose both and totally agree, everything in these both coins are really great especially on how they still manage to maintain their standing in crypto world during their downfalls. We already see how good the both of them, how people trust them and wait for them patiently to increase again. Experiencing downfall in this investment is just normal, it is it's flows and we must expect and accept it.

[Abiky]

Yeah right BSC really creates new opportunities for those developers who are looking for alternative,
while ETH have huge fees way back though they are currently adjusting, but still far from how much BSC is offering.

We can't tell which is which, going to depend from how investors or traders will see which one is much better when using the system.

Still far from this two chain, there are more offers to come as developments are progressive.

Most people will go with Binance Chain because of its ultra-low fees and blazing-fast speeds. Convenience/ease-of-use is a must these days, as the world moves at a fast pace. Ethereum may be decentralized, but its high gas fees and sluggishness kills its mainstream adoption in the long run. Of course, Binance Chain is not perfect. But it's the best thing there is for people to get into "De-Fi" without "breaking the bank". Fortunately, ETH 2.0 is near completion. Once the upgrade is fully activated, Ethereum will become great again.

I wouldn't say BNB is better than ETH or vice versa because each platform has its own advantages/disadvantages. People will get to decide which platform to use from the other depending on their daily needs. As long as both projects are continuously supported by their communities, nothing else matters. Competition is good because it makes crypto land a better place. It looks like both ETH and BNB will remain close in terms of market cap (and mainstream adoption) for the foreseeable future. Just my opinion

[TribalBob]

ethereum is the best investment right now for me maybe for you too. But for day trading, of course, it is better to switch to the BSC network.
and BSC also for the matter of fees is quite cheap than the Ethereum chain but whatever the case, in the end, we have to talk about decentralization and that's where ETH is better of course. BSC will definitely be more centralized in the future.

[BRABO2]

Ethereum base chain has a lot of project we cannot deny that fact, but the problem of ETH network now is so much congestion, high gas fee compare to BSC that we can only pay a small and cheapest gas fee plus the speed of transaction is one of the good features of BSC network.

Yes,you are right. I am agree with you.This two coin are very popular. Now a days it become Very popular. But the problem of ETH network now is so much congestion, high gas fee compare to BSC that we can only pay a small and cheapest gas fee plus the speed of transaction is one of the good features of BSC network.That’s why now a days bnb is most popular coin.

[bamb]

There is no comparison here for those who support decentralisation of Cryptocurrency.  Ethereum is not fully decentralized but it is better than binance smart chain.  By the way,  binance smart chain was fork from ethereum and it is public knowledge that all the nodes on binance smart chain are centralized unlike ethereum!

[serjent05]

Creating Binance Smart Chain is one of the brightest idea of CZ.  They have catered lots of projects that hates the high fee of ETH.  If asked to  choose between BSC and ETH network, I would go to the cheaper one because the user experience is the same.  Aside from that, Binance coin has a greater potential to increase in a much higher percentage than ETH.   

[Sendi blackspade team]

ethereum is the best investment right now for me maybe for you too. But for day trading, of course, it is better to switch to the BSC network.
and BSC also for the matter of fees is quite cheap than the Ethereum chain but whatever the case, in the end, we have to talk about decentralization and that's where ETH is better of course. BSC will definitely be more centralized in the future.

Yes, currently BSC is better for use as daily trading, we can minimize money spending to pay a fee in one transaction because we know that in the Ethereum chain today the cost is still quite expensive.

Actually, currently, the Gas fee for ethereum transactions has started to improve. no more than $1 I guess for every ethereum transaction. but indeed sometimes costs change and it depends on the situation.
but due to the current popularity of pancakes, it's more profitable to trade BSC tokens than ethereum.

[susuberuang]

Yes, currently BSC is better for use as daily trading, we can minimize money spending to pay a fee in one transaction because we know that in the Ethereum chain today the cost is still quite expensive.

Have you just woken up from sleep so you still say the Ethereum chain is currently quite expensive, try visiting this site https://etherscan.io/gastracker which always shows the amount of Gwei which is already very cheap at this point, because five minutes ago I saw the lowest Gwei on the Ethereum chain was 8 Gwei only.

[camat gampong]

Actually, currently, the Gas fee for ethereum transactions has started to improve. no more than $1 I guess for every ethereum transaction. but indeed sometimes costs change and it depends on the situation.
but due to the current popularity of pancakes, it's more profitable to trade BSC tokens than ethereum.

BSC is still in a new category and the price of BNB is also not as expensive as Ethereum, so it's natural that the fees are still very cheap, now for Ethereum which is already very expensive when compared to BNB, transaction fees of around $1 or less are very reasonable too and that includes very cheap.

[fb1t]

In my opinion BSC is the best choice at the moment for trading and offering altcoins.

But as soon as Ethereum 2.0 will become reality, gas fees and transaction throughput on Ethereum won't be a problem any more. So a lot of projects will switch back to Ethereum. BSC tokens are compatible with the Ethereum network, at least if they are built the right way.

[junkerr]

Yes, currently BSC is better for use as daily trading, we can minimize money spending to pay a fee in one transaction because we know that in the Ethereum chain today the cost is still quite expensive.

Have you just woken up from sleep so you still say the Ethereum chain is currently quite expensive, try visiting this site https://etherscan.io/gastracker which always shows the amount of Gwei which is already very cheap at this point, because five minutes ago I saw the lowest Gwei on the Ethereum chain was 8 Gwei only.

now everything is better. but the popularity of today's better BSCs for use in commerce has already occurred.
many new projects in the BSC network are great to have. Trading or stakes in the BSC network are currently very popular in the crypto community.

[wallet4bitcoin]

Ethereum is my first choice then bnb. Eth platform is most popular and decentralized platform. Recently popularity of BSC increased for high fees of eth transaction. But, I noticed eth fee isn’t high at this moment.

[Abiky]

Creating Binance Smart Chain is one of the brightest idea of CZ.  They have catered lots of projects that hates the high fee of ETH.  If asked to  choose between BSC and ETH network, I would go to the cheaper one because the user experience is the same.  Aside from that, Binance coin has a greater potential to increase in a much higher percentage than ETH.

CZ is a businessman so he knows exactly what he's doing. By giving birth to an Ethereum-based clone, Binance (the company) can take the whole crypto world by storm. Binance Smart Chain has been a widespread success due to its high performance and cost-efficiency. It's like Ethereum because dApps use the Solidity programming language. BSC has adopted the EVM (Ethereum Virtual Machine) for its own benefit, making it a great Ethereum-based alternative on the market. People who're looking to save money will use Binance Chain without thinking it twice. There are many attractive projects built into the platform including (but not limited to) PancakeSwap and Cream Finance.

Of course, BSC's high performance blockchain network comes at a cost of increased centralization. It's this factor which makes Ethereum superior than Binance Chain. Despite the high gas fees and slow transaction processing times, Ethereum has done well as the most decentralized smart contracts platform in the world. I'd choose Ethereum over Binance Chain anytime, because of its focus on decentralization and censorship-resistance. The market will ultimately decide which one stays at the top as the leading smart contracts platform in the crypto/Blockchain space. Ethereum has retained its position even with BNB in play, so it'll dominate the market for quite a long time. Just my thoughts