BSC already created to be a solution for the scalability problem that faced by ethereum and that means if binance is fully compliant with ethereum network. I see no differences except the TPS. In my opinion if BSC was adopting the second layer solution for ethereum and that will be letting the users to wrap or use BSC as an alternative chain for ethereum. There are some wrapped asset but I can't deny that if BSC just like a double edge sword for ethereum.
There's no lots of differences.
Topic: ECR20 BSC BNB difference - page 2. (Read 294 times)
They are basically the same, the only difference is some terminologies like ERC20 for ETH and BEP20 for BSC
Don't confuse this terminologiesERC20 is Ethereum network and ETH is Ethereum token while BEP20 and BSC is Binance Smart Chain network, there's no such BSC coin but BNB.
Different although beginning with 0x keep make your assets not income if sent using wrong address, before sending coin from one exchange to other exchange check firstly what network using, BSC or ERC20 because when you use different network forget to get your coin and never have any refund back.
You're contradicting yourself, it's not wrong address but wrong networkIf the exchanges support both of the network, your coins will not lose since it will appear either BSC or ERC20 network.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
What kind of NFT platform? NFT available in many smart contracts blockchain so it's hard to know which one but the step actually simple just change your network in metamask to the right one then if you really connected to the same network as the NFT platform you mentioned the dapps or any service will work normally. Otherwise you need to start asking the NFT platform which blockchain they choose to deploy their ERC721
actually can someone explain me the difference of each chain? i'm very confused, each NFT say me to change network and i just do it but i don't know what's it
Dont be confuse, its just a network change. If you are using metamask, youll see that network can easily be change and add so easily. From eth, bsc even with matic and fantom, and avalanche you can switch swiftly either way. The difference is simply the network you are using but all same works as a blockchain that convey nft tokens. 
actually can someone explain me the difference of each chain? i'm very confused, each NFT say me to change network and i just do it but i don't know what's it
They are basically the same, the only difference is some terminologies like ERC20 for ETH and BEP20 for BSC, But you can use your smartcontract in ETH and deploy it too in BSC without any issues or changes in the smart contract code.
ERC20 are over crowded, too slow, congested, has a high fees in transaction until Eth fix this issue they will never get their to climb the price up to 10K usd, while the BSC network already address the ETH problem, they solve it, that's why BSC network or BNB has a speed on their transaction, low fees, lots of good project specially NFT are found in BSC network.
If you want a more basic explanation, BSC is a clone of the Ethereum network with a higher gas limit. The increase allows fees to be lower for transferring tokens on BSC compared to Ethereum. You can use the same address/wallet to access both networks.
There's no a significant difference between ERC20 and BEP20 as BSC assets. The specification from BSC is the same as ethereum but the only thing that makes it different must be BSC much more scalable than ethereum network. When NFT told you to change your network means you must change your RPC network to be able to connect to the both ethereum and BSC network.
You can find so many guides on the internet about how to do that.
ERC20 is a standard protocol for creating token in Ethereum blockchain, you can call a token an ERC20 token if it follows the standard, BSC or Binance Smart Chain is a chain owned by binance (different to Binance Chain) that uses EVM for dapps, etc and to become a alternative chain for ETH due to high fees. BNB is binance's coin in a nutshell running in Binance Chain (different than BSC) but have its wrapped version in various chains as well in form of token (ERC20 or BEP20). CMIIW.
when an NFT platform tells you to change network that possibly means their platform running on different blockchain than what you currently connected to, so to change network is to either choose other network in metamask option or to add a custom network using an RPC URL provided.
when an NFT platform tells you to change network that possibly means their platform running on different blockchain than what you currently connected to, so to change network is to either choose other network in metamask option or to add a custom network using an RPC URL provided.
actually can someone explain me the difference of each chain? i'm very confused, each NFT say me to change network and i just do it but i don't know what's it
Jump to: