Which is better: Ethereum or the Binance Smart Chain?

[DanWalker]

I myself prefer BNB because it is interesting because the Binance network has a smart contract feature with cheaper and faster fees on the network. if ETH is indeed a long-term prospect, this ETH has many benefits, it still has interesting and good potential. Moreover, if system and network updates can be carried out, it will make ETH more effective.
This is more we want to see from which side first, I think both have advantages and disadvantages of each, depending on what our needs are.

You are in this forum since June 28, 2017, which is at this time the Ethereum network is very popular and is used by many new project developers with long-term goals and if you look at when Ethereum was born and had smart contracts, then for now it is very It's worth saying that the Ethereum network is already super long term and even very early in comparison to the Binance network which used to be BNB itself which was also born out of Ethereum smart contracts in the past.

Have you forgotten this now? And don't you remember that in the past only Ethereum smart contracts were the most widely used and went viral in the crypto space?
Try to restore your memories first if you really forgot about this

Nowadays, people are more interested in BNB simply because it has cheaper transaction fees and faster speeds. but they forget that BNB is copied from ETH and before BNB, ETH also had a great time gas fees were also very cheap.
If comparing overall BNB or any blockchain is not comparable to ETH. Not only ETH is having a lot of problems but most blockchains have problems. BNB is cheap and fast but too centralized, ETH has high fees but is completely decentralized compared to other networks.
BNB has upgraded to BNBchain, ETH is also in the process of upgrading to ETH 2.0. Let's wait for big changes from these 2 most popular blockchains.

[martina14]

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

Well, for me as long as you get a good earnings with it, that could be consider as one of the good or better profit.
And besides, whether ETH or binance smart chain, both are good to use as profit methods here in the cryptocurrency business.
But in terms of transaction charge, I think BSC is much advantage on this matter because ETH fee transaction was too expensive
in my own idea on this.

[Frengki_cisco]

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

Both coins are good, currently the prices are different, in the market the two coins compete well they both occupy the top 5 positions.

I think in the future BNB can occupy the same level as ETH, both of which have good value in the crypto world.

[kamilah147]

I myself prefer BNB because it is interesting because the Binance network has a smart contract feature with cheaper and faster fees on the network. if ETH is indeed a long-term prospect, this ETH has many benefits, it still has interesting and good potential. Moreover, if system and network updates can be carried out, it will make ETH more effective.
This is more we want to see from which side first, I think both have advantages and disadvantages of each, depending on what our needs are.

Yes, both have their own advantages, it all depends on us which one we need more in using crypto. In the past, Eth seemed second to none, and the ETH wallet also provided a Smart Contract feature. Often used for ongoing projects to distribute campaign results to participants. Despite its great prospects, Etherum is still an investment choice for Altcoins. And if you look at the two, now BNB can be said to be a substitute for Etherum because of the advantages of lower shipping costs.

[cheezcarls]

If we're talking about being fully decentralized, it's Ethereum no question about it. But however, most of us are just focusing on its gas fee issues. Binance Smart Chain, however, it does offer us cheap gas fee for sending transactions to other wallets, but it's not fully decentralized. But most of the projects these days are focused on Binance Smart Chain because of saving gas fees in distributing tokens, minting NFTs, etc.

[goldkingcoiner]

Both chains have their own problems that they are dealing with. I myself am a big fan of decentralization. Full, real and authentic decentralization. Which means that Binance Smart Chain is definitely not one of my favorites. It does not really fit into the category of decentralized. More like quasi-decentralised. Which is just another way of saying centralized.

Ethereum on the other hand, is currently trying to solve its ridiculous high fee problem and introduce a scaling solution. But we still will have to wait for a better solution than what ETH has now.

[safari88]

In terms of fees I would go and mostly use Binance Smart Chain now, the Ethereum was really a good projects way back then but with the really expensive fees I really think the BSC really beat the Ethereum in terms of the transaction fee but if only the Ethereum can do something or solution to make their transaction cheaper I think that would be much better.

[aryana42]

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

Each platform has an excess level, this cannot be categorized into the best choice, but both platfroms have different deficiencies, Ethereum has a high enough gas cost in making transactions, if small transactions are carried out then Ethereum is not suitable for use, in contrast to Binance Smart Chain, they are smaller transaction fees needed to make transactions, I think this depends on the needs needed, if you say it's better to be in the category of good category

[cloudfir3e]

BNB itself has a gas fee which more or less people choose the BNB network and ETH gas costs are expensive but in my opinion the coins on the ETH network are quite good worth the gas fee

[Wong Gendheng]

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

For now, I say that BSC is better than ERC, what is my consideration is a low cost, speed and of course the number of projects that are currently switching to the BSC network that is proven to be better than ERC. Moreover, I like trading in Dex so that low costs are important considerations for getting maximum profit

[Hamza2424]

everyone has their own opinion about platform eth or BNB
I personally prefer BNB because it is more friendly in shipping, unlike ETH, where shipping costs are often not synchronized between expenses and income (loss)

Agreed on that point but BSC chain is much more centralized so for long term and Holding prespective there is no any alternative of the ETH and AVAX.

Every picture has both bright and Dark parts.

Consider Which is Your Bright one.
ETH chain L2 Solutions are performing well and ETH 2.0 will be a dream comes true i am expecting the the Chain Upgrade soon for increasing the TPS.

[blackbold]

I myself prefer BNB because it is interesting because the Binance network has a smart contract feature with cheaper and faster fees on the network. if ETH is indeed a long-term prospect, this ETH has many benefits, it still has interesting and good potential. Moreover, if system and network updates can be carried out, it will make ETH more effective.
This is more we want to see from which side first, I think both have advantages and disadvantages of each, depending on what our needs are.

You are in this forum since June 28, 2017, which is at this time the Ethereum network is very popular and is used by many new project developers with long-term goals and if you look at when Ethereum was born and had smart contracts, then for now it is very It's worth saying that the Ethereum network is already super long term and even very early in comparison to the Binance network which used to be BNB itself which was also born out of Ethereum smart contracts in the past.

Have you forgotten this now? And don't you remember that in the past only Ethereum smart contracts were the most widely used and went viral in the crypto space?
Try to restore your memories first if you really forgot about this

I'm not saying ETH isn't popular and it's not good, it's actually very good ETH and has great potential from the beginning and I'm also not saying ETH doesn't have a smart contract. I mean the update here is ETH in the process of upgrading to ETH 2.0. We are talking about BNB which is superior because of its low fees and fast transactions. maybe it's a matter of our taste and needs.

[viananda2525]

In terms of fees I would go and mostly use Binance Smart Chain now, the Ethereum was really a good projects way back then but with the really expensive fees I really think the BSC really beat the Ethereum in terms of the transaction fee but if only the Ethereum can do something or solution to make their transaction cheaper I think that would be much better.

for temporaty solution about transaction fees, binance smart chain be leader now. with transaction fee below $1 , most crypto community will choose bsc. today ecosystem in binance smart chain growth massively in last few years ago and keep growing. maybe when ethereum update on 2nd version totally launched and could drop its  fee as vitalik said below 0,05 this ecosystem will growth again. alot project launched their token in this platform.

[livingfree]

BNB itself has a gas fee which more or less people choose the BNB network and ETH gas costs are expensive but in my opinion the coins on the ETH network are quite good worth the gas fee

Many of the good coins in the eth network has also adopted the network for bsc.

That makes them better because people who wants them has the option to choose which network they'll send and receive it. And the main reason for it is the cheaper gas fees.

Sometimes fees for eth is that cheap but at most times, it's expensive. Unlike in bsc, at most times, it's consistent to be cheap IMO.

[ItsCrafty]

The Ethereum and binance smart chain both are stunning . But i like binance smart chain because of low fee. And there are lot of projects who use binance smart chain .
 So i like to prefer binance smart chain .
Also Ethereum is good . But binance is binance.

[Dessy88]

If you ask me personally which best eth or bnb then i can make a answer 'both are best coin in the crypto' but But eth is a tough tool whose future is brighter. You may know that eth is the second strongest currency in the crypto market so eth is undoubtedly the best then bnb. The reason is that the use of eth is high and in many countries it is supported by the business side with a special reason that huge number of investors and the world.

[Emitdama]

BNB itself has a gas fee which more or less people choose the BNB network and ETH gas costs are expensive but in my opinion the coins on the ETH network are quite good worth the gas fee

Many of the good coins in the eth network has also adopted the network for bsc.

That makes them better because people who wants them has the option to choose which network they'll send and receive it. And the main reason for it is the cheaper gas fees.

Sometimes fees for eth is that cheap but at most times, it's expensive. Unlike in bsc, at most times, it's consistent to be cheap IMO.

I believe that those coins are just new but the old eth projects only sticks with eth as they know that this network is much more secure than its counterpart. If they will add bsc, they are afraid that what if there are issues with bsc in terms of security?

This can only affect the reputation of their project. Not worth it for some pennies that they will get because most that suggest bnb or the ones that use bnb are poor people and only invest smaller amounts. I agree on the opinion of @cloudfir3e that we shouldn't compromise the quality over the cheap fees because what if we got hacked or scammed? We can lose more than the fee that were supposed to pay.

[aprilnot]

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

when it comes to decentralization, ethereum is superior. but if you look at the transaction fees, binance smart chain wins. if binance smart chain used POW consensus, maybe Bsc could be ethereum's toughest rival or even outperform it. that's why ethereum is still the best at this time.

[aryana42]

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

when it comes to decentralization, ethereum is superior. but if you look at the transaction fees, binance smart chain wins. if binance smart chain used POW consensus, maybe Bsc could be ethereum's toughest rival or even outperform it. that's why ethereum is still the best at this time.

In my opinion it is difficult for BSC to beat Ethereum, both have differences that people who only make small or large transactions can judge, the Ethereum community is now quite large although in this respect BSC is superior, but the demand and stability of coins, Ethereum is far superior with BSC, that's why Ethereum is still considered the best for now

[Issa56]

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

Most projects are migrating to binance blockchain because of the low gas fee, currently we all see that ethereum gas fee has been very high which is making it difficult to make transactions on ethereum chain, the gas fee which is always requested to send a coin on ethereum chain is becoming unbearable so people are migrating to binance blockchain which the gas fee is very low and fast, Also ethereum chain are always congested now which makes transactions always slow compare to binance smart chain that transactions are really fast and the gas fee is really low.