Which is better: Ethereum or the Binance Smart Chain?

[MiF]

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

for now i prefer choosing bsc than eth and not only me i think most of the people are now using bsc than eth because of the high txn fee on ethereum network, i also saw a lot of new project using bsc chain for they can less the gas fee in every transactions, i also joining signature campaign and the project team always choose bsc in thier network and they can always less the gas fee on distributing tokens as payment to hunters. Maybe people will choose eth if the gas fee will become more lower just like bsc.

[Sayeds56]

ETH is much better. If the eth gas fee is solved today, usage will Triple like we use to have.

Ethereum fee high cause they giving us more and more options, facilities BSC fee will also Increase if they want to be fulfill themself  everything what Ethereum already have. So in this case, Ethereum is definitely better IMHO but situation is complex now Because of bearish market

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

Or maybe not. Binance is growing but besides Ethereum is trying to solve fee issue & hope they'll be successful like how Binance chain does. Even more blockchain are already on market, can be hard competitors with bsc, so i don't think its easy for bsc to archive top.

My preferred choice is also Ethereum becuase it is most de-centralized and backed by strong team of deveopers who are working days and night to solve its high transaction fee by migrating to ETH 2.0 and merging it with old Ethereum. What happened with LUNA is a good lesson for all of us that new chains are not so reliable and there are rumors that Solana network is also in serious networks. In such circumstances it is better to rely on Ethereum chain.

[Oshosondy]

Ethereum fee high cause they giving us more and more options

Which options is ethereum given you that Binance chain and Binance Smart Chain can not give? Tokens, DeFi, NFTs or which one? BS and BSC is just one of the ethereum killers. I do not literally mean killer, but I mean competition.

Or maybe not. Binance is growing but besides Ethereum is trying to solve fee issue & hope they'll be successful like how Binance chain does. Even more blockchain are already on market, can be hard competitors with bsc, so i don't think its easy for bsc to archive top.

Do not be mislead by this centralized project, if a coin can have low fee like Tron, Solana and the likes, ethereum can easily fork or upgrade to have low fee. They are just deceiving you people in my opinion.

[bakasabo]

for now i prefer choosing bsc than eth and not only me i think most of the people are now using bsc than eth because of the high txn fee on ethereum network, i also saw a lot of new project using bsc chain for they can less the gas fee in every transactions, i also joining signature campaign and the project team always choose bsc in thier network and they can always less the gas fee on distributing tokens as payment to hunters. Maybe people will choose eth if the gas fee will become more lower just like bsc.

Oh come on... High transaction fees again. When was the last time you have send Ethereum to other Ethereum address? I think a long time ago. For a good period of time already, transactions in Ethereum network are not as huge as they used to be. Right now you can send Ethereum for a dollar. Is this expensive to you? Transaction in BSC cost about 10 cents. I am sure you are not doing thousands of transactions daily to feel that price difference. Also dont forget that BNB cost 6-7 times more than Ethereum. If BNB price would be same as ETH, then these 10 cents would turn into 60-70 cents. Is there a huge difference between $0.6 and $1 ? Only bounty hunters and people will tiny portfolios complain about Ethereum transaction fees, while the majority continues to use it in any case.