Ethereum or Binance Chain (BNB)? | Bitcointalksearch.org

Kadal Ijo

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Quote from: aylabadia05 on August 12, 2021, 05:40:04 AM

Different from me. I am more interested in Ethereum than BNB which provides a lot of advantages with cheaper transactions than Ethereum. For me, Ethereum is still great with the sophistication it has so far. And I see that there are still a lot of people out there who are interested in Ethereum. Even though BNB is proving to be the highest transaction altcoin at the moment.

I always switch to TRON or BNB if I want to withdraw from exchanges, the thing that makes leaving ethereum is the high transaction fees, crypto should be easier than banks, but I once sent ETH with a fee of around $20, maybe the transaction fees are cheaper now but I think it was too late because the user was already disappointed.

NicNacCoin

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Ethereum and Binance Chain are two very popular platforms. We see that most people invest in these two platforms. However, in terms of popularity, we think Ethereum is more popular.However, due to the increase in the transaction gas fee of the Ethereum platform, people are now rushing to the platform of Binance Smart Chain. Now all the projects that come up are non-existent Let's see the smart chain platform.If the Binance Smart Chain platform continues like this, it will be seen that I have left Ethereum behind for a while.

Anonylz

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Aside from the now very expensive transaction fees (although occasionally at a reasonable fees) I don't see anything wrong with Ethereum network, after all it was the first smart contract and many of us were too familiar with it, I guess being the only one at the initial stage without any strong competition makes things take an unexpected turn, too much pressure with all the erc20 project under the network creating problems, but ever since bsc step in as a strong contender the pressure on ethereum network is much less which imo is not a bad idea, it seems they where bitten more than they could chew. Both network are good in their respective ways.

Farma

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Quote from: lenovop-70 on August 13, 2021, 12:21:12 AM

I think BSC exists to enhance ERC20, not to be rival the ERC20 blockchain, and I like both depending on where I need it. I usually use ERC20 as my long-term investment, and prefer BNB in BSC as my daily trading activity because it is more volatile with low transaction fees.

actually, I really like both, and I've always used ETH too, even collecting it. however, for now, I tend to use BNB. although sometimes I still use ETH, but my activities tend to use BSC as a transaction or investment tool. however, currently I still like both.

aylabadia05

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Quote from: Kadal Ijo on August 12, 2021, 11:58:02 PM

Quote from: aylabadia05 on August 12, 2021, 05:40:04 AM

Different from me. I am more interested in Ethereum than BNB which provides a lot of advantages with cheaper transactions than Ethereum. For me, Ethereum is still great with the sophistication it has so far. And I see that there are still a lot of people out there who are interested in Ethereum. Even though BNB is proving to be the highest transaction altcoin at the moment.

I always switch to TRON or BNB if I want to withdraw from exchanges, the thing that makes leaving ethereum is the high transaction fees, crypto should be easier than banks, but I once sent ETH with a fee of around $20, maybe the transaction fees are cheaper now but I think it was too late because the user was already disappointed.

It should be like that (in crypto it should be easier than banks).
Many people complain about Ethereum transaction fees.
But rest assured that after the hard fork things will get better on Ethereum.

lenovop-70

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I think BSC exists to enhance ERC20, not to be rival the ERC20 blockchain, and I like both depending on where I need it. I usually use ERC20 as my long-term investment, and prefer BNB in BSC as my daily trading activity because it is more volatile with low transaction fees.

Psynthax

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Quote from: CaptainCrapper on August 12, 2021, 01:22:53 PM

Both tokens are very favourite of my portfolio so I think recent lots of project is usually used BSC network for their low costing good to go with a quick service so I think BNB Will go leading position very soon.

Right now it's hard for BNB to go leading position replacing ETH, currently ETH market have been having a good sentiment but the same thing happened to BNB market too. But maybe if ETH keep having expensive gas then it's possible for BNB to replace ETH in the future and becoming leader. But with many popular projects appearing in BSC it will also help it leading the position too. It maybe depend on how many good quality projects appearing in BSC in the future to make the market bigger.

aylabadia05

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Quote from: ?? on ??

Quote from: aylabadia05 on August 12, 2021, 05:40:04 AM

Different from me. I am more interested in Ethereum than BNB which provides a lot of advantages with cheaper transactions than Ethereum. For me, Ethereum is still great with the sophistication it has so far. And I see that there are still a lot of people out there who are interested in Ethereum. Even though BNB is proving to be the highest transaction altcoin at the moment.

All coins have their advantages in attracting enthusiasts in the crypto space, so that can provide many options for everything we need, BNB has been very good so far and ETH continues to be the best with several upgrades it has, so it all depends on what we need, so we can adapt it.

Right. Because each coin has its advantages, we can choose according to our wishes. But among the good there must be a better coin for us to choose.

juanda

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cro.baby

Quote from: Abiky on May 21, 2021, 03:56:34 PM

There's a new kid in town named "Binance Smart Chain" focused on rivaling Ethereum into becoming the world's second-largest cryptocurrency by market cap. It went all the way from being worth cents (in USD) to just hundreds of dollars in an instant. Unlike Ethereum, Binance's smart contract platform offers a greater degree of flexibility with ultra-low fees and blazing-fast transaction processing times.

Of course, no other cryptocurrency (except Bitcoin) can outmatch Ethereum's level of decentralization. I guess that's why most developers continue to build dApps on ETH instead of migrating to BNB altogether. For different tastes, needs, and/or purposes in life, will be the type of cryptocurrency to use.

I prefer Binance Chain over Ethereum anytime because of its benefits. But some people will prefer Ethereum over Binance Chain because of its decentralized and censorship-resistant design.

What's your choice? Ethereum or Binance Chain? Why did you select such cryptocurrency? Will one of them fade into oblivion sometime in the future? Or will they co-exist for many generations? Your input will be greatly appreciated. Thank you

maybe before everyone used ethereum but after the presence of the Binance chain, so many people switched to using the binance chain because of the low transaction fees and fast processing. especially when ethereum transaction fees were very high a few months ago and made many users switch to the binance chain. and for now I'm comfortable using binance chain.

CaptainCrapper

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Both tokens are very favourite of my portfolio so I think recent lots of project is usually used BSC network for their low costing good to go with a quick service so I think BNB Will go leading position very soon.

topbitcoin

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Quote from: Abiky on May 21, 2021, 03:56:34 PM

What's your choice? Ethereum or Binance Chain? Why did you select such cryptocurrency?

My choice is on Binance Chain. Honestly because of fees. About there are a lot of fake tokens or scam, since first we must know how to made ourself in a safe condition. Since in past even to open myetherwallet i type the website manually and all my exchanges and wallet, i put 2fa. And we must really suspicious if we get coin but not do anything with it, i never touch it btw.

indah rezqi

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I chose Ethereum. Of course because Ethereum is decentralized and censorship resistant.
Ethereum and Binance I think will survive as two good Altcoins that exist in cryptocurrency even though ETH is better and I also believe they will coexist as you said.

Rocky993

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All coinmarket tokens and coins are built on these two, Ethereum Blockchain and BSC Smartchain. The use cases of these two smartchains are different. The only way to compete with the Ethereum smartchain is with the BSC Smartchain. At the current rate of increase in Ethereum gas fees, BSC Smartchain will not take much time to overtake Ethereum blockchain due to low gas fees. You should also see the top coin of all cryptomarket create on Ethereum Blockchain.

ardydyon

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very interesting, bnb and eth are two coins that have smart contract eth is the second large market set eth which was once the only coin that has a smart contract.for so long no one rivals now there is already bnb that began to shift from the existence of eth.bnb is currently a coin that is very widely used by people because it has excellent liquidity and has a very cheap gas cost when compared to the cost of gas from eth.I think that's the reason why bnb many people use it.i also certainly prefer bnb over eth.most projects are now under bnb smart chain network.for the future eth will continue to be side by side for several generations ahead because smart contracts are very easy for new develop actors who enter the crypto world is also likely eth and bnb will get new rivals because some coins have started to have their own smart contracts, for example cardano, tron, and sol

spyderbilt

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Quote from: criket on August 12, 2021, 10:05:01 AM

instead, I see too many meme tokens now coming from the BSC network.
you can see for yourself how many projects are finally popular only for a moment and then destroyed.
but indeed, for now, BSC is still superior to the development carried out than ERC.
I also switched from Uni Swap to Pancake Swap.

that's how the BSC network has the advantage and good capitalization at the moment. but the ETH network is definitely stronger. this is not a comparison only based on each person's taste to choose BSC or ETH

imstillthebest

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Quote from: criket on August 12, 2021, 10:05:01 AM

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If we look at the transaction speed and the fees given when we make transactions, of course BSC is superior to ERC, especially with the inclusion of DEFI and NFT in BSC, proving that the development of BSC is more dominant than before ERC and today. BSC also has a lot of featured coins so I will still go for BSC for now.

instead, I see too many meme tokens now coming from the BSC network.
you can see for yourself how many projects are finally popular only for a moment and then destroyed.
but indeed, for now, BSC is still superior to the development carried out than ERC.
I also switched from Uni Swap to Pancake Swap.

eth has no meme coins but there are lots of ico scam coins before in eth so i think they are the same but bsc can be a winner to some due to its cheap fees but will the bsc ever retain this when the users grow and the bnb price grow ? same happens with eth that also started with cheap fees but later on it changed .

criket

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If we look at the transaction speed and the fees given when we make transactions, of course BSC is superior to ERC, especially with the inclusion of DEFI and NFT in BSC, proving that the development of BSC is more dominant than before ERC and today. BSC also has a lot of featured coins so I will still go for BSC for now.

instead, I see too many meme tokens now coming from the BSC network.
you can see for yourself how many projects are finally popular only for a moment and then destroyed.
but indeed, for now, BSC is still superior to the development carried out than ERC.
I also switched from Uni Swap to Pancake Swap.

Abiky

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Quote from: OZmaster on July 25, 2021, 12:39:38 PM

Maybe "utterly" centralized is a tiny little bit of an exaggeration as they do have 21 validators. What I don't know though is how the geolocation of those validators is distributed and whether they also frequently change or are fixed (for a fixed period of time?)? I haven't been reading enough about it to tell whether collusion between validators could ever be a serious threat or whether there are any counter measures in place. 21 is still a very very low number compared to a decentralized network like Ethereum, but it is at least not a one man show as it is with real centralization.

21 validators securing the network is an extremely small number compared to other blockchain networks like Bitcoin and Ethereum. This increases centralization as we speak. We don't know if validators are distributed in different regions worldwide. What if all of those validators are controlled by a single entity concentrated on a single place? Whatever it is, we cannot deny that Binance Chain is less decentralized than Ethereum itself. The alternative blockchain network (BNB) decided to sacrifice decentralization/security/reliability in exchange of scalability/convenience/ease-of-use. I'm sure most people will prefer ETH on top of BNB because of its decentralization and censorship-resistance. Neither coin will replace the other because they're two completely different things. How long will they last will greatly depend on mainstream adoption and community support. Just my thoughts Grin

airdata

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Quote from: voteformeg on August 12, 2021, 07:30:32 AM

Quote from: airdata on August 12, 2021, 07:23:18 AM

i understand your choiche to put binance above ethereum but isn't binance smart chain much less decentralised then ethereum , also i think there is a lot of scam's ongoing on bsc because of the low fees? , i also took part in bsc projects but i keep prefering ethereum

I'm not denying your opinion about BSC Network fees, i totally agree with your opinion. Nowadays many scam project has comed on market for low transaction fee. Have both side on bsc network.

voteformeg

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Quote from: airdata on August 12, 2021, 07:23:18 AM

A large number of crypto user used Etherium blockchain for Transaction and for others reason, but now Binance Smart Chain is one of the favorite blockchain system for user, its transaction speed is fast, network fees is very low. So as my opinion BSC is best then Eth blockchain.

i understand your choiche to put binance above ethereum but isn't binance smart chain much less decentralised then ethereum , also i think there is a lot of scam's ongoing on bsc because of the low fees? , i also took part in bsc projects but i keep prefering ethereum

Topic: Ethereum or Binance Chain (BNB)? (Read 1242 times)