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Author Topic: Which is better: Ethereum or the Binance Smart Chain?  (Read 1466 times)
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March 25, 2022, 07:35:40 PM
 #121

in my opinion Ethereum is the best platform of all time because ethereum has strong fundamentals since its launch and this has been proven until now ethereum is still surviving and has a fairly high volume. although currently Binance is the preferred platform for many people, but for me ethereum is the best.
There is no question if it's about the fundamentals that Ethereum has. But if you're someone who's trying to save from the fees, ETH won't be the best option. I have ETH and I can still endure and tolerate the fees if it's about ETH to ETH transactions. But there were times that ERC20 token transactions were no longer tolerable due to the fees that it projects, it seems too high and very discouraging to make transactions. Yet, there are still a lot of people that does the transaction because there is no option to make but to do sell those erc20 tokens that we have. If it's about saving fees, BSC is going to be the main choice of everyone.

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March 25, 2022, 10:33:02 PM
 #122

These two are great in terms of performance and reliability. However we choose economically between these two since there are the same top crypto network, and by that we choose the less transaction payment and it is the binance smart chain. Although wthereum network is also fast and comfortable to use as a online transaction, it carries big payment for every transactions sometimes, that's why many here preferably choose binance smart chain.

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March 25, 2022, 11:03:28 PM
 #123

~
But there were times that ERC20 token transactions were no longer tolerable due to the fees that it projects, it seems too high and very discouraging to make transactions. Yet, there are still a lot of people that does the transaction because there is no option to make but to do sell those erc20 tokens that we have. If it's about saving fees, BSC is going to be the main choice of everyone.
I am holding a few tokens in ERC20 tokens for over a year and i really wanted to stake some of the tokens but the transaction fees are incredibly high that it wont be profitable enough to move those coins to stake and considering there is no fixed date on when these transaction charges will go down, it is not even profitable to spend that much money staking, i am sure there are many in that situation and basically stuck for over an year.
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March 25, 2022, 11:57:41 PM
 #124

I prefer BNB because gas costs are cheaper and BNB is now growing because of strong market support for investment I prefer to ethereum
yes most people (small transaction value) prefer BNB network because the network fee is much lower than ETH network, but the high network cost proves that ETH network is the best nowadays. ETH network fees are very high because the transaction density on this network is very high, meaning that high fees on the ETH network are due to the large number of users on the ETH network. in other words, the ETH network is the network with the most users today.

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March 26, 2022, 09:27:29 AM
 #125

For myself Binance smart chain in much better because of its low fees of transfer at other side eth fees are very high. Actually eth fees increased when eth prices goes up. As a trader we want to save our any crypto assets. Other then BNB is the coin of one of best exchanges so for me Binance smart chain is better which allows we to make transactions at very low fees.
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March 26, 2022, 10:09:00 AM
 #126

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.
I think it's very difficult to compare them. The ETH smart chain was a pioneering blockchain technology, and was later followed by BNB and other coins. It can be said that smart chain ETH is superior because it becomes a reference for other projects. however, the skyrocketing price of ETH led to high gas fee, so users started looking for other alternatives with the same blockchain technology. So the conclusion in my opinion, smart chain BNB is now superior to the gas fee indicator.
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March 26, 2022, 10:34:06 AM
 #127

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

In deed Ethereum is fully decentralized network, whereas BNB is controlled by centralized exchange of Binance,  hence it is far better than any other chain. It is leading network on crypto space created on crypto space in 2017 to create smart contracts but now its utility has grown to DEFI, NFT and Metaverse projects. and since then it has maintained its number 2 position on crytomaketcap.









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March 26, 2022, 10:40:17 AM
 #128

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.
both look better where one's need requires that network.
I will explain why the Binance Smart Chain and the Ethereum network are good in the eyes of their respective users.
Ethereum: Has the advantage of having high community and investor trust, quality published projects with a lack of transactions that are sometimes expensive or unstable.
Binance Smart Chain: The advantage of this Network is that the transaction fees are cheap and stable, only the projects published from this project are mostly not of high quality, but have the same large community as ethereum.
How you are comfortable using it will get better.

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March 26, 2022, 10:48:16 AM
 #129

I use both. both ethereum and binance smart chain. all are networks that are said to be very popular. especially in the current year most smart chain networks are in use. but the weakness of this network is that there are different scam tokens. especially like me who is engaged in the bounty hunter field.
thank you
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March 26, 2022, 11:03:18 AM
 #130

in my opinion Ethereum is the best platform of all time because ethereum has strong fundamentals since its launch and this has been proven until now ethereum is still surviving and has a fairly high volume. although currently Binance is the preferred platform for many people, but for me ethereum is the best.
I even have to say they are the best because Binance was also born out of Ethereum smart contracts before the existence of its own network (BSC), so it wouldn't be wrong to say they are still the best even though Ethereum smart contracts have existed and are still operating today.

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March 26, 2022, 11:23:33 AM
 #131

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

Well a long time ago I used ETH since it's my favorite but right now due to its high gas fee now I'm using BNB, also a lot of new projects now use BNB as their based blockchain so I prefer to use BNB right now. If ETH has low fees like BNB I will back use it again like the old time. Both of them have a great platform but the only minus is ETH fees.


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March 26, 2022, 11:54:56 AM
 #132

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

For me ETH because it's the most popular and much more investors, also the price of ETH is higher than BSC. but in making transactions I would prepare to use coins under the BSC chain.
Compared to ETH fees the lowest is 10$ in BSC is less than 1$.
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March 26, 2022, 12:00:41 PM
 #133

I am seeing this question and question in this forum since I am here. This question has been asked many times before, and everyone gave different opinions, ideas.

In my opinion both are good for investment, because both follow Bitcoin. They move usually simultaneously. When Bitcoin pump Ethereum & BNB also pump and similarly when Bitcoin dump, Ethereum and BNB dump.
So I think both are good for trading.

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March 26, 2022, 03:10:28 PM
 #134

As a daily user, of course I choose BSC because of the cheap transaction fees with transaction speeds that are on par with Ethereum's ERC20. But for long-term investment I choose ERC20 Ethereum as the main choice, because it is more stable and tends to double price in the future. I think it's clear, I and other people choose BSC because of the low transaction fees, but most of them keep their pension funds at ERC20 for the long term.
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March 26, 2022, 03:19:11 PM
 #135

I personally prefer Ethereum. This is because it can be seen that until now Ethereum is still a cryptocurrency with a large value, even leading the altcoins in the first place. Besides that, Ethereum's performance is getting better and better every year than before. This shows that Ethereum is powerful as well as Bitcoin. Even though Ethereum transaction fees are quite expensive, there are still many people who are chasing ETH, therefore the existence of crypto coins seems to need to be improved, as today many local artists are competing to create NFT.

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March 26, 2022, 03:30:01 PM
 #136

of the two coin choices I like ETH and BNB. both coins have the same appeal to me. if BNB is the main thing for me long term investment, BNB can be said to be a competitor to ethereum in the future with prices that can go as high as 2000$/3000$ at the right time

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March 26, 2022, 04:27:45 PM
 #137

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

For me ETH because it's the most popular and much more investors, also the price of ETH is higher than BSC. but in making transactions I would prepare to use coins under the BSC chain.
Compared to ETH fees the lowest is 10$ in BSC is less than 1$.
Regardless of which one is the best in my opinion, it really depends on people's perspective because indeed this has to be seen from all perspectives and of course everyone's opinion will be different on this matter but for the price issue it is clear that BNB is under ETH and indeed that is proof because indeed, apart from having ETH much earlier, they are also very good for Altcoins.
Regarding gas, I will not discuss this, because the price determines, in my opinion, when the price is good, the gas will be higher

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March 26, 2022, 04:29:42 PM
 #138

I personally prefer Ethereum. This is because it can be seen that until now Ethereum is still a cryptocurrency with a large value, even leading the altcoins in the first place. Besides that, Ethereum's performance is getting better and better every year than before. This shows that Ethereum is powerful as well as Bitcoin. Even though Ethereum transaction fees are quite expensive, there are still many people who are chasing ETH, therefore the existence of crypto coins seems to need to be improved, as today many local artists are competing to create NFT.
But ethereum have reach higher price and small fund on trading will choose BNB coins have higher profitable than ethereum, I think not any different potential between BSC or ETH coins because when bitcoin pump between BSC and ETH keep going up. Just got little profit when investing with ethereum if have little fund but with BNB we can earn enough profit although have lower fund for trading. Between ETH and BSC as worth with short term trading because have change price between 25 until 5% every day and look interested as short term or have way with daily day trading.

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March 26, 2022, 05:13:56 PM
 #139

~
But there were times that ERC20 token transactions were no longer tolerable due to the fees that it projects, it seems too high and very discouraging to make transactions. Yet, there are still a lot of people that does the transaction because there is no option to make but to do sell those erc20 tokens that we have. If it's about saving fees, BSC is going to be the main choice of everyone.
I am holding a few tokens in ERC20 tokens for over a year and i really wanted to stake some of the tokens but the transaction fees are incredibly high that it wont be profitable enough to move those coins to stake and considering there is no fixed date on when these transaction charges will go down, it is not even profitable to spend that much money staking, i am sure there are many in that situation and basically stuck for over an year.
Well, if you don't have that much money to stake then that won't make sense to spend to pay for the transfer fees when they're too high.
Actually, you can wait until the fees drop and then that's the time that you should start sending it to those platforms or wallet where you're going to stake for it.

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March 26, 2022, 05:32:58 PM
 #140

Binance smartchain was fork from ethereum Chain and binance smartchain become very popular during high traffick on ethereum network that make transaction very expensive for regular users! Now that the volume of transaction have dropped, retail investors are back on ethereum network. Ethereumchain is secure and  better than smart chain.

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