Which is better: Ethereum or the Binance Smart Chain?

[jossiel]

No one will go with Ethereum if considering network fee on ETH, because in comparison BSC provided very lower transaction fee where ETH gas fee is extremely higher so that BSC is getting more attention from users.

That is true. Everyone will just look at ETH for having high network fees. While for the BSC network, we all see how cheap its fee compared to the main chain of most projects.

But in terms of success, I'd say that it's Ethereum and it's more decentralized than BSC.

Just fee is unfair in ETH so small investors can't afford it otherwise still this one is very popular chain.

Unlike in BSC, even you're going to send $1-$5, you won't think of the fees because they're just centavos.

[FLoving]

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

By platform you mean one of them for a project to be developed or to join the project developed by one of them. Then nowadays the competition of both of them are going very well both of them are better from each other in one feature or in another. BSC is new born and smaller than ethereum but people often adopt it because it has low transaction fees and users find it better for themselves to adopt it and in this way the investors invest with them. On the other hand ethereum is bigger which influence users but because of high fees people only select to invest and find it costly to use the coins on it but this platform got bigger support from polygon which enable the users to transact without high fees. The developers of Ethereum are also in the struggle to reduce the gas fees.

[Silberman]

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

What do you mean by better? Are you comparing them on the time you need to get your transaction confirmed? The fees you need to pay to make a transaction? Their developers? Their usefulness? Their long me potential? Or something else? After all if we were to consider several characteristics of each one of those coins we will find that in some aspects ethereum is superior while in others BNB is the best out of the two, so your question is too general to be answered accurately.

[TelolettOm]

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

I am not sure which one is actually better. Ethereum network is one of the oldest networks so far and has been used by numerousERC20 projects. But currently, the fee is very high which made me dizzy every time should send the ERC20 token.
On the other hand, BSC is new enough compared with the Ethereum network, it may still have some weakness. But what I really like from this is the fee is still very low. I don't know if it will rise up someday. But forme these days, I think I will prefer to BSC network.

[bitgov]

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

Depends on what you ask. When it comes to using it in practice, at the moment Binance Smart Chain is much better due to the speed of transfers and, above all, much cheaper transaction fees.
Both projects have great potential, so when it comes to investing, I can recommend both of them. However, in my opinion, Ethereum, after realization of fork and update to ETH 2.0, will become a much more extensive platform than BSC.

[Lagduf]

I’d just prefer binance smart chain with its simple fact that it costs less using this platform, although ethereum has quite many projects in the platform but binance smart chain is also already quite popular with the fact that binance smart chain itself is also getting populated with so many memecoins in the platform, kinda proves itself that it's quite famous platform.
also, quite many projects that are metaverse and gaming are also starting moving over in binance smart chain just because its just better in aspect of fee and unlike ethereum, these gaming platforms could use the smart contract platform almost seamlessly.

[Sled]

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

Ethereum - huge fees but with a wide network that it helps to keep strong and still in high demand.
BNB - small fees but not that widespread compared to ETH.

There are too many platforms that exist in the market today that could possibly outperform BNB and that is why we could see their developments are going slow.

I'm still using ETH till now and that was because the majority of my coins are using ETH. I can still save some costs if I transfer them in bulk, that is the only way I see.

[JahriMeayer]

Ethereum blockchain is best IMHO cause it has largest marketcap as well as still new projects are building up with it. Only because of higher transaction fee, i can't say bsc is better than Ethereum blockchain. Binance Smart Chain just successful to minimize fee, otherwise there are manu things where ethereum is ahead for every matter. Even if bsc get more popular, then fee will also increased. And if binance exchange got hack then bnb might be lost its price badly & bsc might be lost popularity

[KaliLinux]

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

If you are asking about the Networks I guess we all know as a fact now that it is much cheaper to transact on Binance smart chain BSC than ETH just because of the gas fee. Until this gas issue with the Ethereum network, I believe everything was ok just as with the BSC but the high ETH transaction fee has really gotten out of hand.

[eXtremal]

Both have their own advantages, for example BSC with low network fees for each transaction. However, BSC has a lot of scam tokens because of the low fees scammers are easier here. ERC20 with a very expensive cost as a constraint. however, have a lot of quality projects on this network. The average project published on the ethereum network is serious in carrying out the project.

[khiholangkang]

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

Both have their respective advantages, but for now the better platform is ETH although the transaction fees are very expensive, but by using the network we can get a lot of airdrops, the expensive transaction fees also make there no dusting tokens on this network.

[tygeade]

Ethereum blockchain is best IMHO cause it has largest marketcap as well as still new projects are building up with it. Only because of higher transaction fee, i can't say bsc is better than Ethereum blockchain. Binance Smart Chain just successful to minimize fee, otherwise there are manu things where ethereum is ahead for every matter. Even if bsc get more popular, then fee will also increased. And if binance exchange got hack then bnb might be lost its price badly & bsc might be lost popularity

ETH has the largest cap among all? larger than bitcoin? I am not sure with that but binance smart chain is also growing day by day and I believe that in no time, its marketcap will be the same as eth or maybe more than that.

Devs created a project under the BSC because they want more people to get involved with their project and that can give them more income as well not unlike to eth that only a few people that will get involved on their projects or mostly people that have enough capital and wont mind spending big for the fee. BSC is related to binance but the hackings that can happen in binance exchange are not related on the BSC network. It doesn't stop people from using BSC.

[Pejoh Asu]

For consideration of transaction costs and speed of course BSC is better than ETH, this is what makes BSC's popularity skyrocket and becomes the strongest candidate to replace ETH, I'm sure if there are no negative issues about BSC like what happened with Solana then a maximum of 2 more years BSC will replace ETH.

[Farma]

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

Both have their respective advantages, but for now the better platform is ETH although the transaction fees are very expensive, but by using the network we can get a lot of airdrops, the expensive transaction fees also make there no dusting tokens on this network.

well, currently ethereum is still the best coin after bitcoin. however, personally, I use BSC more than ETH. well, the reason is a common thing, namely because the fees are very cheap compared to ethereum. I heard that ETH 2.0 will make ethereum fees cheaper. if that happened, it would be very difficult to make ethereum fall from its throne. however, for now, both the coin and the network have their advantages. even when I said that ethereum was better, I still stick with BSC to this day.

[blockman]

For consideration of transaction costs and speed of course BSC is better than ETH, this is what makes BSC's popularity skyrocket and becomes the strongest candidate to replace ETH, I'm sure if there are no negative issues about BSC like what happened with Solana then a maximum of 2 more years BSC will replace ETH.

Eth folks like me have been looking for a way to avoid the costly transaction fee. With an alternative to it, BSC is the one that has caught the attention and solution for defeating that problem. But it shouldn't be like this forever as we're still into many erc20 tokens for transactions.
ETH should be the one standing on this problem and solving it quickly. It already took a year or two AFAIK and yet the fees are still haven't been cheap. Sometimes it's cheap but that cheap is still costly compared to BSC and it happens only randomly, we need that to be stable for real.

[Kelvinid]

For consideration of transaction costs and speed of course BSC is better than ETH, this is what makes BSC's popularity skyrocket and becomes the strongest candidate to replace ETH, I'm sure if there are no negative issues about BSC like what happened with Solana then a maximum of 2 more years BSC will replace ETH.

Eth folks like me have been looking for a way to avoid the costly transaction fee. With an alternative to it, BSC is the one that has caught the attention and solution for defeating that problem. But it shouldn't be like this forever as we're still into many erc20 tokens for transactions.
ETH should be the one standing on this problem and solving it quickly. It already took a year or two AFAIK and yet the fees are still haven't been cheap. Sometimes it's cheap but that cheap is still costly compared to BSC and it happens only randomly, we need that to be stable for real.

Yes, it has been our struggles last 2020 but never had changed and the fees are still high and the availability of the BSC platform saves the majority who are still using ERC20 tokens. In fact, I have some stuck ERC20 tokens in my wallet but can't move them as it was costly, and the amount isn't worthy enough to pay $15. $10.

If there is only another way to transfer our ERC20 token, many will totally leave ETH. But I think the market is so unfair, we haven't any other option but to use ETH if we have to.

[evichi]

I will prefer Binance Smart Chain. Binance Smart Chain (BSC) have made crypto very vibrant in recent times basically because of the low gas fees. This is really unique. Sometime I wanted to send an Ethereum token of about $10.00 and my gas fee was $15.00, so of what use is the transaction when the gas fee costs more than the token you want to send? Most activities in the crypto space revolve round the movement of crypto assets from one point to another. While ethereum is equally good the gas fees have made it the rich man's crypto - in my opinion. That is why Ethereum team are working towards Ethereum 2.0 to achieve lower gas fees.                                                                                                                                   

[indo1]

both are quality, but BSC is used for people who want to transact at low prices, but the content published on the BSC network is mostly not for long term. The ethereum network is indeed very expensive, but the projects published on the ethereum network are of very high quality and even last for the long term.

[Victorik]

I think it depends on the use case. ETH, by far has a larger use case than BSC. That's explain why very big project still build on ETH. But in terms of gas fees, BSC is a better option. However, we are having other projects with cheaper gas fees these days. Maybe they will overtake BSC

[Pelana vreo]

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

Ethereum : High gas fee and Decentralized because it uses a pow system in the ethereum network
BSC: Low gas fee and Centralized because it uses pos system.

I chose both because both blockchains support EVM, you can view Bsc and Ethereum Balance in one click by adding network RPC.