Topic: Can Binance beat Ethereum - page 3. (Read 3039 times)

Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.

But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.

Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.

Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.

We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.

• Binance Exchange
• Binance DEX
• Binance Chain
• Binance Fiat services
• Binance Launchpad
• Having giant partners

Binance acquire Trust Wallet, WazirX Indian Market.

Binance coin will make history buy using like these above mentioned features and many more.

I think someday BNB will beat ETH, What you Think

The two coins are to fit to be put head to head, binance chain got launched not very long and Ethereum smart contract have been around since 2010 I think,

Absolutely BNB can beat ETH one day because if you are an investor interested in making profits, then BNB is the first choice that you think of. In addition, holding BNB will bring a lot of opportunities for you to participate in some IEO projects proposed by Binance. Of course, that is why I like BNB because IEO projects always bring investors huge profits.

Agree, BNB coins become popular because they have a large Exchange, many Crypto Traders around the world use their Exchange, So their coins get more attention from the traders. I personally consider if the Binance Team able to maintain this good reputation then I am sure BNB can beat ETH.

Now, let's wait for another 2 years, and let's re-assess the developments between ETH and BNB. But right now, I still go for eth as more people are using it as compared to BNB. BNB is an exchange coin, so whatever happens to the exchange, will affect their performance as well. Though they are pretty strong right now, but ethereum's coverage is wider than BNB.

That's certainly true, mate. Binance has been delivering innovation ever since it came into inception back in 2017. While it's own blockchain platform is still new to the world, it can become a huge contender of Ethereum if it obtains mainstream adoption from businesses and companies alike. Binance chain's biggest feature is unparalleled scalability with low fees and high transaction processing times. This could make BNB an attractive option for "decentralized" commerce. Since ETH is still clogged with high transaction load, settlement times are slow and fees are ridiculously high at times.

Of course, ETH will scale with the upcoming PoS upgrade. But it won't be enough since Binance Chain's "Tendermint BFT" is superior. Perhaps, BNB will be able to complement Ethereum serving as a separate platform for security tokens, IEOs, and more. The world's second-largest cryptocurrency by market cap (ETH) will remain unbeatable due to its decentralized and censorship-resistant properties. Neither Binance will be able to replace Ethereum or vice versa because of the different ways they're organized (either centralized or decentralized). With use cases in life, both chains will head their separate ways for the foreseeable future. Just my opinion

There is no point in comparing BNB with Ethereum, because they had different goals when they were created. The goal of creating Ethereum is to create decentralized services based on the blockchain. And the purpose of creating BNB was to attract funds from investors to create the Binance exchange.

Binance team are the most hardworking team I've ever seen in crypto space, they managed to deliver what many projects can't do, now we have binance chain which is a smart contract network like ethereum but I doubt developers will have interest more in binance chain over ethereum, that's the most important part

There is possible happen that binance can beat ethereum if binance keeps improvement. Well we don't know what will happen in the future but for sure both were good investment.

why do you think this will not happen? Just analyze how BNB develops and how ETH develops. I believe that the development of BNB is faster and the Binance community is very strong. Blockchain transactions are cheaper and faster. BNB has more advantages. this is what I see in the past 2 years

In my mind it is just possible for BNB to overcome ETH. It doesn't matter BNB was hit to coinmarketcap or not. It is just doubt to think about that for me. It doesn't mean that BNB is not good or bad coin, but ETH is better than other altcoins. BNB can have some many products, it can not help BNB to make something better than ETH. No exaggeration to say that l don't believe that there can be also other cryptocurrency, which can beat ETH.

This year I prefer to invest in BNB because this coin gives me more investment benefits and if you are an investor who likes to make a profit then BNB is the right choice. In addition, you can also join IEO at this exchange because the IEO projects at Binance all force users to use BNB and this caused BNB's price to increase very rapidly last year. I think this year the price of BNB will probably reach new ATH soon and this is the investment you should consider instead of investing Ethereum.

binance and ethereum are both potential coins, and we know that binance has great confidence as the best exchange at the moment. even though they have experienced a disaster, but the comfort of consumers is still maintained, so that if this is maintained or even improved, binance will still be ranked top in the coin marketcap. but I still doubt if binance can beat ethereum