Which is better: Ethereum or the Binance Smart Chain?

[nur rochid]

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.

I think it depends on how you use it. both are equally good, the ethereum network will not feel if we trade in large quantities, but for someone like me I will maximize the use of the bsc network because only small transactions and the average coin I trade using the bsc network

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[Mehedi72]

For now, i think Binance Smart Chain is better than ether and among all. Ether is also best but i try to avoid transaction on ether network as much as i can and always looking for "if that altcoin is available on "Binance Smart Chain" or not. Because personally it pretty hard to afford high fees for me. Solana matic blockchain are also best but still few altcoin are transferable.so currently i would like to go for Binance Smart Chain

[deean_3one]

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

Binance Smart Chain (BSC) is a hard fork of the Go Ethereum (Get) protocol.
Thus, BSC has a lot in common with the Ethereum blockchain. However, BSC developers have made significant changes in several key areas. The biggest change is the BSC consensus mechanism, which allows for cheaper and faster transactions.

[justdimin]

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.

That is the thing about crypto, there is this thing in the crypto world where we could basically just end up with paying a ton of money but also end up paying a ton for it as well, or we could do smaller and tinier but a lot more moves to get the same amount. So, would you rather do 1 trade that earns you 1000 dollars or 1000 trades that earn you 1 dollars?

The results would be the same, but the work is bigger. This is why some people prefer ETH, they know they will pay more for the gas fee, but they know that ETH is more profitable for them and that is why they choose it, I may not do that or you may not but there are tons of people out there who are seeing it this way.

[oemar bakrie]

from the umpteenth time my platform remains ethereum even though the costs are very high for now and I'm sure if a project, especially a bounty that provides an address on an ethereum basis, can be relied on later good future.

[Jackl87]

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

Which is better is a hard question because "better" is defined by each person individually, but if you ask me which chain i prefer to use at the moment, then the answer is pretty clear for me: BSC. The reason for that is really simple and probably true for a lot of users at the moment; the fees on the BSC chain are just way lower than on the ETH chain. While a normal transfer of an ERC token can easily cost 20$ at the moment, it only costs a few cents on the BSC chain so the choice here is pretty simple especially if you are a small fish like me that only sends around a few hundred dollars worth of tokens max.
That being said BSC is just a blatant copy of ETH and if the fees would at least somewhat similar i would always chose ETH oder BSC.

[Marykeller]

Ethereum and BSC are both good relying on the purpose you want to use it on. Both are good to invest in for long periods of years.
In trading altcoins, I would use BSC over Ethereum. I wouldn't dare to use Ethereum due to high-cost fees.
What am doing now, is to buy and hodl Ethereum. The launch of ETH 2.0 can probably make a huge impact on the price of Ethereum in year's to come

[ven7net]

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

At the moment, Binance Smart Chain is better for me. The reason for choosing BSC is that this smart network has significantly lower fees. This is one of the important features of this network, unlike Ethereum. I now work almost exclusively with cryptocurrencies and crypto projects that work specifically with Binance Smart Chain. This allows, as I said above, to significantly save on commissions, as well as to have the same characteristics of the Ethereum network.

[molsewid]

Ethereum and BSC are both good relying on the purpose you want to use it on. Both are good to invest in for long periods of years.
In trading altcoins, I would use BSC over Ethereum. I wouldn't dare to use Ethereum due to high-cost fees.
What am doing now, is to buy and hodl Ethereum. The launch of ETH 2.0 can probably make a huge impact on the price of Ethereum in year's to come

Yeah definitely both are good and very useable, both are also good for investment either for short term or long term investments however they only differ in the approach of gas fees that the user may pay to their transaction using this platform or blockchain. For me, I can say that BSC is somehow a user friendly when it comes to gas fee and that's the drawback of Eth blockchain that every user are keep on complaining.

[lousie9]

So far the debate between Ethereum and BSC has always been a question of which is the best because so far both platforms will continue to develop with blockchain technology in the future, so to what extent would you use the platform if you really want low fees. , of course the best option is BSC which currently the transaction fees on the platform are very low if we compare it to Ethereum, but back to what we need as both platforms will continue to innovate over time.

[Benefactor]

Ethereum and Binance Smart Chain since they have almost zero exchange expense. Truly they are shitcoins and for the most part. These two organization has been the choice of many great tasks, better not to zero in much on the organization and begin searching for great undertaking on any organization. Besides, in the event that framework and organize updates can be done, it will progressively settle on ETH a viable decision.

[topbitcoin]

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

I don't know about technology behind them, But for ERC20 and BEP20 i will prefer BEP20 network for now. For people who only have limited resources like me, fees can be a problem especially if the coin that i want to trade have same profit or maybe profit less than fees that i must pay. But now with BEP20, i can choose token in that network and pay fees much different that ERC20 network and it is really worth to do.

[adzino]

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

If you consider the whole ecosystem, you will see that Ethereum is way much better than Binance Smart Chain. But it is the gas fee that is killing Ethereum. We should wait until ethereum consensus layer (previously known as eth 2.0) upgrade fully rolls out which might help reduce the gas fees. Binance Smart Chain on other hand is said to be more like a centralized chain mainly under the control of Binance. Compared to this Ethereum is more decentralized. If you are looking for holding coins, then Ethereum would be better than BSC. But if you are thinking of making regular transactions, avoid Ethereum.

[coinsycrip09]

depending on the individual, some people will prefer Binance Smart Chain because gas fees are very cheap and others say Ethereum is better because it is very good for long-term investments. both have advantages and disadvantages of each.

so i can not choose and explain in detail, which platform is better between the two. both are good platforms, so we can use both at the same time.

[DonFacundo]

If you mean the network then I prefer Binance Smart Chain because less fee and also fast transaction. I do like ethereum network it is also fast but the problem of the ethereum network is the fee is too expensive, I really don't want to pay high fees using this ethereum network. I'm still hoping that one day ethereum gas fee will be fix and will be the same as Binance Smart Chain fees..

[Maslate]

If you mean the network then I prefer Binance Smart Chain because less fee and also fast transaction. I do like ethereum network it is also fast but the problem of the ethereum network is the fee is too expensive, I really don't want to pay high fees using this ethereum network. I'm still hoping that one day ethereum gas fee will be fix and will be the same as Binance Smart Chain fees..

Only the fees that BSC had made an advantage against ETH but overall, the ETH network is still in major use even today. And one reason is that ETH has already been established strong, major projects are using the ERC20 platform that couldn't leave ETH on the space. If we just have the option to use other platforms even it was ERC20 tokens, that for sure traders and investors are already ignoring ETH but still don't have and live no choice but to pay for the huge fees.

[OrangeII]

Only the fees that BSC had made an advantage against ETH but overall, the ETH network is still in major use even today. And one reason is that ETH has already been established strong, major projects are using the ERC20 platform that couldn't leave ETH on the space. If we just have the option to use other platforms even it was ERC20 tokens, that for sure traders and investors are already ignoring ETH but still don't have and live no choice but to pay for the huge fees.

basically, ethereum is very good indeed. proof that even when the fees were huge, there were still a lot of people using it, even ethereum hasn't moved away from the best coin after bitcoin, and still has high volume today. however, many people are looking for alternatives to payment and use BSC instead. however, if the ethereum fee has returned cheap, it will put ethereum at the top of the altcoins. however, right now I might be inclined to use BSC, however, I don't doubt the potential of ethereum.

[ropyu1978]

If you mean the network then I prefer Binance Smart Chain because less fee and also fast transaction. I do like ethereum network it is also fast but the problem of the ethereum network is the fee is too expensive, I really don't want to pay high fees using this ethereum network. I'm still hoping that one day ethereum gas fee will be fix and will be the same as Binance Smart Chain fees..

I also really agree with your opinion, many people prefer to use a smart chain network than the ethereum network, the ethereum network is also very good and fast but unfortunately now the cost of the ethereum network is very high, so in my personal opinion I prefer the network.blockchain because it is cheaper..

[gabbie2010]

Though at present many developers would prefers BSC network based on it low transactions fee and fast network however that does not make it better than ethereum blockchain, though ERC is facing a big challenge on it high transaction fees which is prompting new developers to shun it's network, however ERC had managed many successful projects efficiently in the past, had it been they have a low transaction fees few developers would have utilize BSC network, while majority would have adopted ERC network.

[Anguwa]

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

Basically, Ethereum and Binance Smart Chain (BSC) are two of the most popular and well-trusted blockchains, although I prefer Binance Smart Chain because of its low transaction charge (Gass fee), but both are excellent blockchains for facilitating successful bitcoin transactions.