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Topic: Is Binance Chain a treat to Ethereum? - page 9. (Read 14681 times)

copper member
Activity: 294
Merit: 1
April 19, 2019, 02:13:36 AM
#7
Etherium will still remain the best and largest platform for contract development, it may affect its price but eventually everything will be stable, so far etherium has successfully launched a lot of coins and tokens through its platform, it will take any other platform million miles to get there. Soon they will all be living in their separate world. Bnb should just be careful, they can't be master of all trades. A lot however will depend on how successful their first launch is.
member
Activity: 756
Merit: 14
April 19, 2019, 02:11:51 AM
#6
Binance coin is a very good altcoin and a must to serious investors but comparing to ethereum is not making sense because ETH has something  bnb doesn't and that's smartcontract
hero member
Activity: 3080
Merit: 603
April 19, 2019, 02:09:05 AM
#5
The power and popularity of Binance can't be questioned.

But about the chain, obviously it is run by a company (BNB) and that looks like a centralized chain.
sr. member
Activity: 910
Merit: 252
April 19, 2019, 01:41:02 AM
#4
It is no longer news that Binance is launching their own chain on the 23rd of April, 2019. All BNB holders can convert their ERC 20 to Binance Chain and MITH has announce to be the first to migrate to Binance Chain and pumped 60% overnight. Is Binance Chain decentralized or semi-decentrilized considering that they will be in control of their chain network. With the lack of smart contract, are they really pulling any challenge to ETH? Well. If the purpose is for crowdfunding and the possibility of getting listed, BNB might receive a lot of attention. In my own opinion, Binance Team is setting the pace for other exchanges and they are doing really well.
that chain should be a centralized chain. this time people are getting a big hype caused by that but that will not be so long. People was expecting a lot with it when it gets released and there will be a U turn.
This is a speculation market
If it is a centralised even semi decentralised  there will be chances huge manipulation . BNB one of the most rusted coin now it is moving away form ERC20 token . After EOS launched mainnet ethereum price decreased now another one of the most popular coin going out of ethereum smart contract definitely it will effect ethereum for soem time
legendary
Activity: 1596
Merit: 1011
April 19, 2019, 01:36:28 AM
#3
It is no longer news that Binance is launching their own chain on the 23rd of April, 2019. All BNB holders can convert their ERC 20 to Binance Chain and MITH has announce to be the first to migrate to Binance Chain and pumped 60% overnight. Is Binance Chain decentralized or semi-decentrilized considering that they will be in control of their chain network. With the lack of smart contract, are they really pulling any challenge to ETH? Well. If the purpose is for crowdfunding and the possibility of getting listed, BNB might receive a lot of attention. In my own opinion, Binance Team is setting the pace for other exchanges and they are doing really well.
Binance has such great strength because it has a strong support in the market. but if you notice that ethereum has built a very large community so that to defeat ethereum domination is a very heavy work. takes a long time to realize this, binance is a strong threat.
hero member
Activity: 1540
Merit: 507
April 19, 2019, 01:33:32 AM
#2
It is no longer news that Binance is launching their own chain on the 23rd of April, 2019. All BNB holders can convert their ERC 20 to Binance Chain and MITH has announce to be the first to migrate to Binance Chain and pumped 60% overnight. Is Binance Chain decentralized or semi-decentrilized considering that they will be in control of their chain network. With the lack of smart contract, are they really pulling any challenge to ETH? Well. If the purpose is for crowdfunding and the possibility of getting listed, BNB might receive a lot of attention. In my own opinion, Binance Team is setting the pace for other exchanges and they are doing really well.
that chain should be a centralized chain. this time people are getting a big hype caused by that but that will not be so long. People was expecting a lot with it when it gets released and there will be a U turn.
This is a speculation market
full member
Activity: 1316
Merit: 104
CitizenFinance.io
April 19, 2019, 01:28:53 AM
#1
It is no longer news that Binance is launching their own chain on the 23rd of April, 2019. All BNB holders can convert their ERC 20 to Binance Chain and MITH has announce to be the first to migrate to Binance Chain and pumped 60% overnight. Is Binance Chain decentralized or semi-decentrilized considering that they will be in control of their chain network. With the lack of smart contract, are they really pulling any challenge to ETH? Well. If the purpose is for crowdfunding and the possibility of getting listed, BNB might receive a lot of attention. In my own opinion, Binance Team is setting the pace for other exchanges and they are doing really well.
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