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Author Topic: Eth vs bnb  (Read 1121 times)
no-ice-please
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June 20, 2021, 09:46:05 PM
 #41

Each coin has different advantages.
ETH is a long-established platform currency and is trusted by many investors, while BNB is backed by the world's largest exchange.
I think in 2021 these two coins are still competing with each other and no one has outperformed yet.

I agree, both blockchains are backed up by huge projects and a big capital, And both are good for the tokens propose. That's why it's hard to say one of them is better than the other one.

I prefer ETH because they was the first ones with the idea, I feel like BNB is just a copy and not an original idea, but isn't a bad copy at all, they come with the lowest fees and that was a nice move.

As for Ethereum, how exactly are they funded? I mean for BNB it is clear that they are funded by a business' day to day operations in the form of the exchange. But I never really understood whether Ethereum earns any constant income streams? Does anyone know that or is it just donations for rich guys?
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June 21, 2021, 10:52:07 AM
 #42

Both of them can be best based on your preference.

Ethereum transaction fee is not that high anymore and it's one of the most preferred coins of many that have been investing in Defi projects because it's needed for the gas.

But BNB, it's also noticeable that it had gained a lot of projects that are built on its network so it has a share too. Well, whether you choose BNB or ETH as long as you invest only what you afford to lose.

I think that's what all you need to think of.

I think currently BNB has an edge over ETH due to Pancakeswap being so cheap and also due to the fact that there is already a huge number of projects running on top of the Binance Smart Chain. I believe cheap and fast swapping services are a crucial element of networks like ETH and BSC. People want to get in and out of projects and switch between them without having to deal with a lot of friction. That friction can be of any kind, may that be security, costs, speed, you name it.
There's no difference between the two with those swaps. I think something like a project that allows those tokens to be sent on their own despite being ran on their networks.

No need for a gas/eth or bnb just to proceed the transaction.

I think that's a better project despite being made on a smart contract of a project, no need to pay for a fee and without having a mainnet.

Yes that would be a game changer. You mean some service that works on the backend and allows you to send ERC-20 tokens without having ETH on the address right? Just deduct some of the tokens and send the necessary gas for the transaction from a smart contract that you can broadcast a message to. That would be amazing.

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June 21, 2021, 01:27:49 PM
 #43

I still prefer ethereum for the long term, because ethereum is the first coin to implement smart contracts that produce many tokens so far in circulation including BNB, I think even though BNB has potential but will still be below ethereum's potential and popularity, ethereum has a fairly large community base like bitcoin while BNB has not. For now, BNB may look attractive to invest in but what happens if Binance credibility as an exchange goes bad in the future, will BNB still be looked at?
Let's just wait for the development of crypto in the future, there must be many interesting things in the future. Smiley

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June 21, 2021, 02:09:20 PM
 #44

You mean some service that works on the backend and allows you to send ERC-20 tokens without having ETH on the address right? Just deduct some of the tokens and send the necessary gas for the transaction from a smart contract that you can broadcast a message to. That would be amazing.
With the current source code that implemented on the Ethereum network, Triggering the smart contract was also need an Eth to pay the gas fee. Maybe in the future it was possible by only Signing the message? Or maybe implementing ERC865 https://github.com/ethereum/EIPs/issues/865 or EIP-1077 https://eips.ethereum.org/EIPS/eip-1077. I'm not an expert though but i suppose something like that right? Also for OP i will both of them for profit since it's have great potential.
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June 21, 2021, 11:39:25 PM
 #45

Both of them can be best based on your preference.
I agree, both of these coins are very good to invest in, each one has its own advantages.
Maybe BNB will be a bit better because the price of BNB is quite low compared to ETH.
And the gas fees are increasing again so by the time the fee of Ethereum network has increased then many will say that BNB is better. It's just changing from time to time and what we really prefer.

There's no difference between the two with those swaps. I think something like a project that allows those tokens to be sent on their own despite being ran on their networks.

No need for a gas/eth or bnb just to proceed the transaction.

I think that's a better project despite being made on a smart contract of a project, no need to pay for a fee and without having a mainnet.

Yes that would be a game changer. You mean some service that works on the backend and allows you to send ERC-20 tokens without having ETH on the address right? Just deduct some of the tokens and send the necessary gas for the transaction from a smart contract that you can broadcast a message to. That would be amazing.
Yes, that's right. Exactly, no need for ETH as the gas fee or BNB for the BSC transaction fee. Their native tokens are good enough to cover the fee itself. That's sure a game changer for projects if they upgrade to that.

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June 22, 2021, 03:34:14 AM
 #46

I still prefer ethereum for the long term, because ethereum is the first coin to implement smart contracts that produce many tokens so far in circulation including BNB, I think even though BNB has potential but will still be below ethereum's potential and popularity, ethereum has a fairly large community base like bitcoin while BNB has not. For now, BNB may look attractive to invest in but what happens if Binance credibility as an exchange goes bad in the future, will BNB still be looked at?
Let's just wait for the development of crypto in the future, there must be many interesting things in the future. Smiley
we will never know how the future moves to change the crypto market.
I myself like ETH as well as BNB. because I invested in both. ETH in the future will get bigger with its updates. likewise, BNB will become larger with technology that supports greater BNB adoption.
this is not a competition but only related to our enjoyment of choosing trust assets. because there is no doubt about these two extraordinary assets.
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June 22, 2021, 08:08:55 AM
 #47

The future is multi-chain, that's why I invest in projects traded on multiple-chains like LINK and 0xMR.
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June 22, 2021, 01:03:35 PM
 #48

No one can really predict market conditions is a fact, ETH is a very strong coin, only with a slight decrease in transaction fees that occurred recently, was able to generate a good response, with evidence of an increase in transactions on ETH, on the other hand. others BNB is really stepping up with more and more projects adopting its platform and this will be a good foundation to establish itself in the crypto market, investing in both is not a mistake, it all comes down to the taste of the individual investor

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June 22, 2021, 01:09:45 PM
 #49

maybe some people think that BNB imitates ETH's footprint in the development process, but that doesn't mean BNB is worse than ETH, both have their advantages and disadvantages, back to the tastes and results of each individual's research, now I also invest in both even though the nominal not so big because I think instead of comparing two good coins, it's better to try to profit from both.

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June 22, 2021, 04:12:52 PM
 #50

Many of us choose ethereum over bnb, but to be honest, we do not have to compare ethereum and bnb because those coins are different. But we can have both ethereum and bnb because those coins can give you profit in the short term or long term.

Both coins, ethereum and bnb, are good and will increase back in the future. Besides that, many tokens are under the ethereum and bnb network so that both coins can increase.

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June 22, 2021, 04:20:23 PM
 #51

Both are good coins, it's just that ethereum was once dubbed as the second coin after Bitcoin even in terms of price when compared to bnb there is quite a difference. However, now bnb muli is showing its popularity and it can be proven that nowadays a lot of people are starting to use the bep-20 network for reasons of more affordable fees. So if you mean it's about trading then I choose both but for holding I will choose bnb.
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June 22, 2021, 05:58:10 PM
 #52

these two coins are very good in the future there is no need to compare the two because I think both will rise in the future.
apart from eth whose fees are still very high and the current bnb is still flat. believe me these two coins will shoot after this cycle is complete

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June 22, 2021, 06:26:51 PM
 #53

Both are good coins, it's just that ethereum was once dubbed as the second coin after Bitcoin even in terms of price when compared to bnb there is quite a difference. However, now bnb muli is showing its popularity and it can be proven that nowadays a lot of people are starting to use the bep-20 network for reasons of more affordable fees. So if you mean it's about trading then I choose both but for holding I will choose bnb.

Indeed both are god coins as what you have said, and just like you, I am more leaned over to bnb right now rather than ethereum. It was doing good all this time and was resiliently holding its support line but too bad it cannot hold it for long. But that isn't the only reason I have for leaning into bnb more since it is pretty obvious that ethereum will most likely recover as fast as bitcoin when bitcoin starts to pump again. My other reason is that bnb is bringing new innovations to this industry which is becoming more and more of a trend. Not to mention that it also has its main exchange; Binance which is currently an on top of the line exchange. There are so many good things going for bnb nowadays that only a fool would ignore these great things and not jump into the boat. Specially now that all coins on the market are on sale.
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June 22, 2021, 06:34:56 PM
 #54

these two coins are very good in the future there is no need to compare the two because I think both will rise in the future.
apart from eth whose fees are still very high and the current bnb is still flat. believe me these two coins will shoot after this cycle is complete
It doesn't matter whether one chooses Ethereum over BnB or BnB over Ethereum, but what matters is what the future has to offer. Ethereum is a very good coin but people as started dumping it because of it high fee which is required for a transaction.
BnB is also a good crypto coin and a lot of persons are diving into it leaving Ethereum. Maybe due to it flexible interface. For now choosing between their both is trivial.

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June 22, 2021, 11:37:13 PM
 #55

Both of them can be best based on your preference.
I agree, both of these coins are very good to invest in, each one has its own advantages.
Maybe BNB will be a bit better because the price of BNB is quite low compared to ETH.
And the gas fees are increasing again so by the time the fee of Ethereum network has increased then many will say that BNB is better. It's just changing from time to time and what we really prefer.

There's no difference between the two with those swaps. I think something like a project that allows those tokens to be sent on their own despite being ran on their networks.

No need for a gas/eth or bnb just to proceed the transaction.

I think that's a better project despite being made on a smart contract of a project, no need to pay for a fee and without having a mainnet.

Yes that would be a game changer. You mean some service that works on the backend and allows you to send ERC-20 tokens without having ETH on the address right? Just deduct some of the tokens and send the necessary gas for the transaction from a smart contract that you can broadcast a message to. That would be amazing.
Yes, that's right. Exactly, no need for ETH as the gas fee or BNB for the BSC transaction fee. Their native tokens are good enough to cover the fee itself. That's sure a game changer for projects if they upgrade to that.

Is that technology being worked on or did you just affirm what I just said? Smiley

Honestly, it would be such a relief if you don't need to send ETH to your wallet all the time. Then the fees go up and you miss a cheap time window for fees so you have to wait. Sometimes it is so troublesome that it is no fun anymore if you want to transact on the Ethereum network. A technology that let's you deduct directly an amount from your ERC-20 token balance would be such a relief and it should certainly be possible technologically.

I hope that function will be part of an upgrade anytime soon. Although that doesn't mean the fees are less, but it would mean less hassle for the user in any case. And it also means less transactions I think although that might not be correct as the communication with an appropriate smart contract might lead to the same number of transactions as if you had to send ETH from another wallet in order to be able to then send tokens from that wallet.

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NicNacCoin
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June 22, 2021, 11:40:56 PM
 #56

Hello Guys! What do you think that etherum is best pick of 2021 or BNB is best for 2021?? Give your opinion I think that etherum is best choice of 2021.
Ethereum and binance coin both coins are very much popular and secured for investment but most of the investors and traders preferring more in Ethereum. I am also a supporter of Ethereum.

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Twinkledoe
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June 22, 2021, 11:47:02 PM
 #57

these two coins are very good in the future there is no need to compare the two because I think both will rise in the future.
apart from eth whose fees are still very high and the current bnb is still flat. believe me these two coins will shoot after this cycle is complete
It doesn't matter whether one chooses Ethereum over BnB or BnB over Ethereum, but what matters is what the future has to offer. Ethereum is a very good coin but people as started dumping it because of it high fee which is required for a transaction.
BnB is also a good crypto coin and a lot of persons are diving into it leaving Ethereum. Maybe due to it flexible interface. For now choosing between their both is trivial.

The gas fees has come down a lot already. And besides, this coming month, it is scheduled to implement the EIP 1559. So it is interesting what it will do to ETH network and what will be the impact of this event to its price in the market. But in any case, ETH and BNB are both worth to invest with. This is my opinion. It is better to have both alts in your portfolio rather than buying those meme coins or DeFi tokens with substandard foundation.
Cherylstar86
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June 22, 2021, 11:52:21 PM
 #58

Hello Guys! What do you think that etherum is best pick of 2021 or BNB is best for 2021?? Give your opinion I think that etherum is best choice of 2021.
Yes I seen that ethereum would also be a good investment but these days that people worried about gas fee, I think bnb is a good alternative because of the advantage bsc network. Gas fee isn't the issue for them but fast transactions, and most new upcoming projects is not starting to come out then used their contract. Hopefully this will provide us another better future as it level up and compete with eth market.
Bitcoinjheta
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June 23, 2021, 01:39:29 AM
 #59

Hello Guys! What do you think that etherum is best pick of 2021 or BNB is best for 2021?? Give your opinion I think that etherum is best choice of 2021.
Well, if you have extra funds to invest in i would rather recommend both coins to be funded, they are both fundamentals and have largest crypto users and traders that is why they are both scalable, profitable altcoins in the market.
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June 23, 2021, 03:07:00 AM
 #60

All the good things in the past, no matter how I look at it, I always fully admit it.
With ETH it had a great growth before the drop, despite many complaints about speed and transaction fees. And we see a bright spot for BNB it has solved the ETH problem significantly, but it still takes time for this coin to become great.

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