Which is better: Ethereum or the Binance Smart Chain?

[Desscount]

Binance Smartchain? Ethereum? Of course, Binance Smartchain is better, in terms of Gas Fees, BSC is cheaper than Ethereum,
in terms of the ecosystem, both are the same, but if you look at the progress, BSC is better than Ethereum,
how? you are interested in BSC? 

[Mosharafhh]

I prefer BNB because of gas fee also without BNB and there is lots of chain like sol and matic also in my fvrt list why not all others they are also growing very fast. And they are also one day will compete Eth so and there is another important part of choosing BSc network is it is organized by top 1 exchange so every time they will work hard for do their chain in top 1 list in blockchain ecosystem!!

[Woodie]

These are two similar coins in every way and based on the general response by others its clear that the high transaction fees has led ethereum to fall out of favor otherwise its still the biggest name in terms of smart contract coins as it houses the most coins but  for now Binance smart chain is the go to coin.

[MinMan]

I have always said that BNB is a lot better because there is a company behind it. The logic is that, if ETH gets better, Vitalik and the people working on ETH would be happy, and they would even make some money because they probably hold a lot of ETH, but that's about it. Whereas if BNB makes profit, that would be a whole company making a lot of profit and that is why companies exist, they want to make a profit and earn money.

So, obviously BNB will be focusing on getting better based on what Binance is trying to achieve, and that should be good enough of a reason to trust them. The better BNB does, the better Binance does, and that incentive is good enough for me.

[viananda2525]

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.

alot people confuse why ethereum still be top smartcontract platfrom in this cryptospace, and maybe it could answer our doubt. ethereum as first smart contract platform has huge community and developtment progress day by day. we complaininng about gas fee in few months or years ago , but today its decrease massively. ethereum has its own attractiveness.

[Sayeds56]

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.

It is true that BSC transaction fee is much lower compared to Ethereum network and it has attracted huge investment during the past years and stands second best DEFI player  but now Terra Luna network transaction fee is even lower than BSC and this network is also becoming very popular for new projects which made it second biggest DEFI player where 18 Billion dollars have been invested which is more than BSC network.

[Smitty Werben Man Jensen]

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.

It is true that BSC transaction fee is much lower compared to Ethereum network and it has attracted huge investment during the past years and stands second best DEFI player  but now Terra Luna network transaction fee is even lower than BSC and this network is also becoming very popular for new projects which made it second biggest DEFI player where 18 Billion dollars have been invested which is more than BSC network.

When talking about the Terra Luna network, although it is not as popular as the Binance smart chain network or Ethereum, we can't underestimate it,
by continuing to develop so far and now as you say the network is becoming popular,
maybe in the future the Terra Luna network will get bigger we'll see

[llecrf]

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

Both are good, but you can look at it from different points of view, such as speed, security and cost.
Ethereum has a problem with gas fees, but ethereum is safer because it uses POW consensus, then BSC comes with lower transaction fees and makes a lot of changes because of lower transaction fees, but what you need to see is, before BSC was created, Ethereum had seen problems that and they will activate the Beacon chain, both networks are good and you can use both as you wish.

[SistaFista]

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.

But some people or companies prefer to use Ethereum because there are more good projects on Ethereum smart chain than on BSC.
On BSC, there are many scam projects because anyone can create the smart contract in BSC with cheap gas fee unlike in Ethereum smart contract, that is my opinion.

[Marvell1]

Binance Smartchain? Ethereum? Of course, Binance Smartchain is better, in terms of Gas Fees, BSC is cheaper than Ethereum,
in terms of the ecosystem, both are the same, but if you look at the progress, BSC is better than Ethereum,
how? you are interested in BSC? 

I don't think Binance smartchain is better because has cheaper gas fees. The ETH network is considered more secure and decentralized than the rest of the networks. Binance smartchain is a clone of ETH and modified for faster speeds and cheaper gas but at the same time Binance smartchain becomes a more centralized, non-scalable network.

In addition, ETH is also about to complete its upgrade to POS and the future is promising. It will be a fierce race between ecosystems when the king of ETH returns to the race.

[lixer]

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

Are you a newbie in cryptos aren't you? Obviously because of your rank but if you only knew that eth was the popular coin used by the time ICO boom, you will say that eth or ICO scam tokens is much worst than the scam tokens that you saw today under the binance network.

ICO have died down and with the unexpected rise fees in eth that's the time most of the coin devs migrated on a cheaper option. That was also the time where binance smart chain have created. Your into bounty? why try joining bounties managed by reputable managers because they are doing measures to prevent handling scam bounties. You will have a higher chance to get paid that way.

[|MINER|]

Both are good, but you can use BSC-20 blockchain if you want to transact with low gas fee. And you can use ERC-20 blockchain  if you want to invest huge amount. Because ERC-20 is more secure than BSC-20. This is because ERC-20 uses more nodes than BSC-20. Although I have heard many times that it will reduce gas fees, but I have not yet seen any such effective measures.

[RussianEnglishTranslation]

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

They both are going to do well so it's hard to say. I prefer ETH because it doesn't have the risk of being regulated out of existence like Binance does. If you want to make a lot of money though, consider undervalued L1s that haven't mooned yet like Celo, NEAR, IOTA, ICP, Fantom, Gnosis...

[doctor877]

Better is a general statement, if you are asking about gas price then BNB is preferable because its low. In other terms, ETH is much better. If the eth gas fee is solved today, usage will Tripple like we use to have.

[Desscount]

Better is a general statement, if you are asking about gas price then BNB is preferable because its low. In other terms, ETH is much better. If the eth gas fee is solved today, usage will Tripple like we use to have.

Apart from that for me basically every network whether it's Ethereum or Binance Smart Chain has its own advantages and disadvantages,
Indeed, what is most highlighted is that the gas costs of Binance Smart Chain are lower when compared to Ethereum

[rojan]

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.

Here are some of the cases where if we say from here they are the best reason that what is your own network without face is very important.  I do

[Republikcoin.com]

Apart from that for me basically every network whether it's Ethereum or Binance Smart Chain has its own advantages and disadvantages,
Indeed, what is most highlighted is that the gas costs of Binance Smart Chain are lower when compared to Ethereum

Because the issue of gas costs is always related to the issue of money that must be spent by everyone who makes a transaction, it is clear that this is something that will continue to be highlighted.
Even though in popularity and also in terms of advantages and disadvantages there are always both, but for those who often make small transactions, they are always more suitable to use Binance Smart Chain than Ethereum.
Although Ethereum is an old coin that has had smart contracts in the past and has also been used by many large projects in the past.

[Victorik]

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

Both are good, depends on what you want. Binance is preferred today over ETH because of it low gas fees. But also, BSC has its own shortcomings.
Some project like to build their projects on the ETH network because of ETH usecases. ETH is considered the biggest layer one protocol, maybe when they deploy ETH 2.0, the high transactions fees will be taken care of.
So, I wouldn't say which is better between both, it only depends on what you want

[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.

[domoy77]

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