Topic: Can Binance beat Ethereum - page 7. (Read 3050 times)

I don't think binance can beat ethereum . There are 2 big difference between them . Imagine if binance announces some hackers stole funds from their centralized exchange . There will be a big dump for binance coin .

Saying that Binance will beat Ethereum is like saying that XRP will beat Bitcoin. It's impossible for this to happen, since BNB is extremely centralized. People will always find themselves comfortable in using a decentralized cryptocurrency than a centralized one, because of the many benefits it provides. Centralization is only ideal for regulatory compliance, which means that BNB could gather the likes of mainstream businesses and companies alike.

Considering that Binance is the world's largest cryptocurrency exchange, it has all the "tools" needed to make its own blockchain ledger one of the prominent ones in the industry. Companies looking to issue regulatory-compliant securities or tokens, could simply use the Binance Chain for their own benefit. As far as ETH goes, it'll always be much more popular than BNB because of its decentralization and established ecosystem of dApps and tokens alike. The world's second-largest cryptocurrency by market cap will be the blockchain platform of the people, while BNB will be the preferred blockchain platform for the business industry.

In the end, ETH will survive for a very long time as no one controls it. BNB could fail in the future if Binance ceases operations. It may be superior than ETH in terms of scalability. But the fact that it has a single point of failure, could prevent the blockchain platform from lasting many generations. ETH will beat BNB but not the other way around. Let's hope for a fruitful journey of both blockchain platforms as the space matures over time. Just my thoughts

No way. Although i like the way binance has grown and developed into a supreme platform with dozens of featurrs and services and more coming but i think ethereum has its own class and its aim are much higher and due to eth network world will move towards mass adoption.

Binance and Ethereum head to head doesn't match, because they aren't built for the same use case, they are built for different purposes, for what ethereum is built for no project can win over, binance is an exchange with good team and CEO, they will surely keep fighting to always be the best exchange

It will never happen, Binance will thrive in the future. But it will not be strong enough to defeat ETH, the largest altcoin in this market. Binance's price may rise to $ 100 in the future, but then ETH may have gone up to $ 1000 or higher.

That remains to be seen, the hype maybe will come but what's important is the long term effect.

In terms of improvement, BNB is more visible since its an exchange it's widely use by traders and it can gain partnership, while ETH is just a platform having their blockchain like bitcoin, so the adoption is more on the system.. ETH 2.0 should be a success for us to see ETH to pump again, its been a long time, isn't it?

In my own point of view, both Binance and Ethereum has a great support and audience, but no one can really conclude if BNB can defeat Ethereum or not in the future because Binance is continuously developing and more people buys BNB. While Ethereum is also continuously developing that they are now working on ETH 2.0, so i think ETH will make a sudden improvement when it's launch.

I think for now binance cant beat ethereum. Binance and ethereum is good but etherum is way more popular than binance. Most ICO or IEO always accept convert to ETH or BTC. Maybe in the future binance have a chance to beat ethereum.

Binance will not able to beat thec ethereum in current state, as ethereum has much greater support and audience.

No doubt Binance is a force to reckon with in crypto exchanges while it coin is also waxing stronger however ethereum is a force in smart contract which other crypto coins are based on, personally I foresee eth having an edge over BNB coin in all ramifications.
Vitalik Buterin has been working all round the clock to see an improve eth 2.0

I wouldn't be surprise if binance beat ethereum. But i don't think, it would be happened. Both are created for different perpose & different use by function. But ethereum has their own platform where a lots of erc20 tokens being launched everyday and have high demand. So always ethereum would have increased than binance in future

I don't think if bnb can beat eth, for me bnb is just a little child but it can potentially to grow in the future. Both are good to invest but bnb can not beat eth.

It's possible that BNB will reach a new ATH, IIRC, its ATH was just over $30 and given the current price now, a 100% in a year is very minimal for a project that has overwhelming development and has an increasing support of people or the community.

Of course, Binance only works for money, but generally, without money, the project will be very difficult to exist in this market. For me, investing in ETH is no longer needed because I am no longer interested in projects using the ethereum platform, and the value of this coin is no longer increasing as before. At the moment, holding BNB is a much better option and will reach new ATH soon because many major investment funds support the coin.

It seems to me that in the first place it is necessary to say that Ethereum is a platform that is the result of the work of an independent team, while Binance is a project of a specific cryptocurrency cryptocurrency exchange. Based on this, we can confidently say that when creating new projects on the erc20 platform, the developer is convinced of its credibility and prospects. While Binance is only one of the rating cryptocurrency exchanges, which in functionality is very different from the ethereum platform and will not be able to provide the same capabilities as in ERC 20.

Binance plans to integrate the smart contract function into the Binance network, at first they said that they won't try to be an Ethereum competitor but now it seems that they try to participate on this field. The main advantage for BNB holders is a fact that Binance will regularly burn the coins from the circulating supply.

the development of binance is indeed very impressive, if binance arises before ethereum, it could be that ethereum cannot pursue binance. starting from the development of BNB, dex, and now coinmarketcap. little by little binance develops his company to become bigger, and this can be a threat to ethereum.
it's just that, the development that is happening right now, it seems like it hasn't been able to defeat the people's acceptance of ethereum. to be honest, I support ethereum more, so I really expect ethereum 2.0 development to be exactly what we want

I think so too, Binance can not afford to be more than Ethereum. Ethereum is an easy to develop platform. With a programming language suitable for all programmers, everyone can easily create interesting things on the Ethereum platform. I do not appreciate Binance because what they do is not the purpose of the future platform, they only do it for the money.

The BNB token does not compete with the Ethereum coin. These are completely different cryptocurrencies with different purposes and functionality. BNB will nevertheless remain the internal cryptocurrency exchange, while ethereum is the leader of altcoins and the leading cryptocurrency. BMB, in my opinion, will never bypass ethereum in the world of cryptocurrency.

Logically right, whoever wanted to develop promising project that aimed to be a leading crypto they should have their own mainnet to operate indepently. In terms of binance they've build the foundation if more supports comes on their way chances to grow is always possible, for now ETH still following Bitcoin in terms of stats.