Topic: Can Binance beat Ethereum - page 6. (Read 3039 times)

They are growing every day, but not enough. In any case, BNB is just a utility token used at Binance exchange. The value of BNB will definitely increase in the future, but to be able to defeat ETH is an impossible task for them.

At this point there is not chance. Even if Cardano proclaims to be and have a livid community, there is no Ethereum killer in sight. Ethereum has the power and team behind to make it even more an industry standard as it already is. If they can get rid of all the issues with the switch to POS, they are at the forefront of scalable and trustworthy blockchains. That means more apps get developed, more Ethereum tokens, more acceptance if everything goes according to the plan.
The Binance coin was intended to be a representative of the Exchange, a self-made necessary asset to coerce people to buy to get lower trading fees at the platform. It´s a mere asset, not somethign to build the future upon

no one can be an Ethereum killer until now, Ethereum will always be the project choice for their platform,
although many token platforms are developing, ethereum will be number one

Don't forget, now Binance also gets Coinmarketcap. It is remarkable that the growth of the Binance business. Of course this makes BNB also grow, their community is getting better. Most likely it will happen if Ethereum doesn't do something.

Binance don't need to go head to head with ethereum, binance is an exchange and of course trying to expand it's features, but unless if you don't know what ethereum is all about, many new projects have even try to introduce their smart contracts but ethereum just works better, remains the people's favourite

First I think that NEO just one of the projects that was announced like ethereum killer! If I remember correctly they said the same for tezos, stellar, tron and some other platforms, like some of them can close to eth!? For now they can only dream about it, and maybe with a lot of work some of them can come close to ethereum, but that is a big question.
Binance is doing a good job in last two years, it's a fact. They entered strong and they are active everywhere! But it's the same thing for bnb, they will have to do a lot more to get closer to ethereum.

You can directly purchase Ethereum with credit card on Binance. We offer the best route to buy Ethereum using debit card or credit card. Binance doesn't offer any fiat trading at all. Binance DEX is created on a high powerful blockchain engine Tendermint Core with one-second block times, that provides the speed, which is also the same to centralized exchanges. This means that users can only fund their accounts, and trade, with cryptocurrencies. However, Binance offers a much better selection of cryptocurrency trading than Coinbase.

Exactly. BNB has more to lose than Ethereum because it's too tied to Binance. In case the world's most popular crypto exchange fails, you can expect the Binance Chain to fail altogether. That's not the case with Ethereum, thanks to its decentralized and permissioned-less design. I believe that at some point in the future, the BNB chain will be used for security tokens since it's more regulatory compliant than ETH itself. The world's second-largest cryptocurrency by market cap, will be used for other purposes mainly De-Fi and utility tokens. For each person's tastes, will be the Blockchain to use for mainstream digital payments.

In terms of BNB replacing ETH, it's impossible since the latter has years of development and innovation. Many people know more about Ethereum than they do with BNB. Ethereum has a large ecosystem of dApps, and tokens with many developers around the world supporting it. In contrast, BNB is relatively new to the space with very low mainstream adoption. Even if Binance continues to build upon its Binance Chain platform (powering BNB), it'll always be one step behind the original smart contract platform (ETH). People might as well use BNB for trading discounts, while they use ETH for tokens, lending platforms, and blockchain-based gaming. Rather than being a direct competitor to ETH, Binance's BNB token could simply help fill the gaps of ETH, if it becomes extremely clogged in the future. Just my thoughts

NEO has gone with his protocol. The fact that if the majority of new smartcontracft platforms only sold the gimmick to the buyers. NEO can't even defend its position from the newcomers. NEO has already planned to relaunch its platform

My expectation is also same as you after Ethereum 2.0. But still haven't accurate time to launch Ethereum 2.0. Binance first service was exchange and after Dex it was become more popular last year. I don't see any news or service from Binance but Binance maximum supply is left some millions. Overall Binance can't beat Ethereum.

Not at the moment even the binance show many development still ethereum is the best of it and ethereum has many uses and also ethereum will be having a nee version which is ethereum 2.0 so still I will stay on ethereum rather than binance, on ethereum you will trace which account is connected while on binance was not.

Etherum is the king of altcoins, and that aside the bnb tokens is still far off the mark to compete with etherum.
Belive come the launch of etherum 2.0, you wouldn't want to dare the etherum blockchain to the best amongst altcoins.

Investment wise, even etherum is very bullish too, do your own research

It might not be an easy task like that. 80% of the project is built on ETH platform so what is the big deal. Where us the NEO today that was termed Ethreum killer?

I think the way Binance has been promoting its native token BNB and it's exchange the chance of it reaching the top 4 cryptocurrency according to market cap is very high. I highly doubt it will be able to beat Ethereum as people believe in transparency which Binance lack a lot.

that is actually one of the drawbacks being an exchange coin. once the exchange suffers a very damaging situation like hacking or inside job, which is very possible to happen again in the future, the value of their coin will suffer. though BNB has insurance funds but we don't know what will happen if they will encounter massive hacking again. remember hackers are aggressive and always finding ways how to penetrate even the high secured system. whereas, ethereum is an open source and still doing their upgrades. numerous projects are based on their network and up until now, many developers are still utilising their platform. i guess eth has many advantages over BNB, and would take years if in case they will take over eth. but for now, i dont see it in the horizon that BNB will beat ETH.

Ethereum is an open-source, blockchain-based distributed computing platform that runs smart contracts. In other words, Ethereum is a blockchain with a built-in programming language that allows people to build applications on top of it. To pay for operations run on the Ethereum network, people use Ethereum’s cryptocurrency, called Ether.
Binance’s is a world-class matching engine, supports up to 1,400,000 orders per second. This ensures that one  can buy Ethereum quickly and in a reliable manner.



The crypto exchange Binance is preparing to enter the smart contracts market by launching a new Ethereum-compatible blockchain. The move is set to increase the utility of Binance’s native token, BNB, which could see its price jump.

Binance to Enable Smart Contracts
Binance announced the introduction of Binance Smart Chain (BSC). It will run in parallel to the exchange’s current Binance Chain and will enable support for smart contracts.

The world’s largest cryptocurrency exchange by trading volume revealed that BSC will employ the interoperability and programmability features of the Ethereum Virtual Machine (EVM).

“BSC chooses to be compatible with the existing Ethereum mainnet. This means most of the dApps, ecosystem components, and toolings will work with BSC and require zero or minimum changes,” reads the whitepaper.

The Binance Chain Development Community is responsible for maintaining the new blockchain. This community will work to entice developers and entrepreneurs to build their decentralized applications and digital assets on top of BSC.

Binance Coin (BNB) will help power BSC, similar to how Ether runs on Ethereum.

BNB which is used as the gas to perform any transaction or run contract on the new protocol. It will also allow holders to earn staking rewards.

Undecided for now

i find binance a fine exchange and also own some bnb but to beat ethereum? , not sure about that , for sure BNB can reach another ATH and binance can become bigger , but ethereum is awaiting of the implementation of 2.0 and also a lot of people own some so i give ethereum a better chanche

Well in order for there to be an equal ground for comparison we can only compare their blockchain architectures. Binance seems to be more interested in diversifying the relevance within to space as a whole while ethereum for the most part let's other project develop on their blockchain.

I'd prefer to hodl eth rather than binance. BNB may beat eth but I don't think it will be that easy unless there is a whale behind that make the BNB price increase.

Everything can happen in the cryptocurrency market, but Binance Coin takes a very long time to beat ETH. At the moment ETh is still the second largest cryptocurrency in the cryptocurrency market and there are very few altcoins comparable to it.