Topic: Which is better: Ethereum or the Binance Smart Chain? - page 3. (Read 2857 times)

There is no such thing as a dark horse, now there are already many coin networks that can be used like the example you mentioned, but there are also those that are not as advanced as Tron but for Polygon and Solana I'm sure both of them will be competitors for BSC in the future.

Obviously these two things are not in the same direction. In addition to Ethereum and the BSC network, there is also DOT. I think the real dark horse needs time to ferment.

Ethereum is too heavy and hard to use now - because of its huge fees. If you operating with sums below 1000 USD, using ethereum blockchain is insane for you. You will lose half of your capital after several transactions

Both are good. We saw a big pump in both coins price. Etherium or binance Smart Chain are good coins for investment. Etherium is too expensive if you not have assets to buy ETH you can invest in Binance Smart Chain and there are many predictions that it will fire.

Despite the huge differences in their fee charge with ETH charging the highest, there is more to look upon that could stand as the reason why it is so., and due to the statistics which I will likely outline shortly, it will be clear why ETH is the higher and better blockchain..
ETH still holds the second highest price on the market, with potential for huge growth of DeFi as the biggest network out of all cryptocurrencies.
Taking a look at the data for Binance Coin, it’s  clear that the vast majority of tokens are in Binance-owned wallets. It’s likely that many of the BNB tokens are held in unaffiliated addresses and do not show up on data sites. At present, there are just over 315,000 BNB holders, with the top 100 holders collectively owning just over 95% of the total coins. While the number of holders is significantly lower than what we see with ETH, the even-handed distribution lends to the idea that the community is more democratic overall.
The utility of Ethereum is unrivalled for the most part, outside of direct payments, the Ethereum ecosystem offers a range of utilities. As i mentioned before, ETH supports a variety of DApps, nearly 3000 in fact, as well as supporting gambling and financial systems.

While BNB is divided, offering two main utilities. It provides a centralized finance (CeFi) system, which is it’s central platform, the Binance cryptocurrency exchange. As well as that, BNB has a decentralized finance (DeFi) utility, offering the native token of Binance Smart Chain.

Ethereum and binance are the best altcoins right now, as their popularity is increasing over time, but a very basic complaint is coming from et because gas fees are very high compared to binance, for the time being personally I focus more on binance to make transactions, because  can save the amount of assets I have, but that does not mean I will leave ETH,

Eth = expensive fee
BSC = cheap fee

Everything has its positives and negatives and both coins are developing well year after year. I think questions like this shouldn't exist. Because it will only cause debate among fellow members of this forum. Obviously it all depends on each of us, self-confidence will be the best solution to the question.

BSC is not only better but also an excellent platform for now a days. The only cause to me is the lower fee of bsc network. But Ethereum is not neglected, once when the fee problem will be solved then the eth platform will also be better. Thanks.

How Ethereum will be better in the future? If this network an unable to reduce the gas fee, There are no reason to see, It will comfortable in the future without fix this issue. Where BSC you can use incredibly lowest fees. Right now Matic is my favorite network because their blockchain even lower cost than BSC.

Any blockchain can end up with high fees and slow confirmation times if network load grows at a fast pace. ETH was once cheap and fast to use, as not many people were using it. Things are quite different now that ETH reached mainstream adoption. Gas fees are extremely high, while transactions take hours to confirm on the Blockchain. This could happen with BSC in the future if it continues to grow in popularity. That's why it's important for developers to focus on scaling the Blockchain in order to keep fees as low as possible.

Regarding the question to which coin is better, I'd say ETH is better than BSC simply because it's decentralized. Of course, ETH is ridiculously expensive and slow to use. But that's nothing if you care most about decentralization, security, and reliability. BSC may be cheaper and faster to use than Ethereum, but it's utterly centralized (largely controlled by Binance itself). Projects have to either sacrifice decentralization to obtain scalability or vice versa. For different needs will be the type of cryptocurrency to use in real life. I think both ETH and BSC will survive for a very long time because of their strong communities backing them every step of the way. Just my thoughts

although Binance Smart Chain has very low gas costs, I think ethereum is better for the future. even though the cost of eth gas is high, there are still many fans. I hope that in the long term ethereum will also try to reduce gas costs

Yeah the only reason I prefer more BSC is fees. I have been playing some NFT games on BSC and it's such a joy being able to play without to worry to much about fees.

I don’t have any complain with ether except transaction fees which is getting out from its normal range day by day and making the transaction process slower where binance has its solution and so its become more trustworthy and more used by people. Recently London fork was also a step but still no noticeable change and don't know this step could work or not. if they or 2.0 get successful, then eth is best. Otherwise bsc smart chain

I am certain there are loads of individuals who will going to go to Binance Smart Chain since they definitely realize how their administrations ensured a greatest security. The way that ETH is presently encountering issues with network burden and high charges for commissions truly ruins Ethereum's standing and numerous crypto stages and organizations are currently changing to other blockchain stages, including Binance Smart Chain.

Two of the most popular and powerful coins in the crypto market, both have their own advantages and disadvantages, but I personally prefer BSC, because it is clearly cheaper transaction fees, several times I use ETH very burdened with more frequent transaction fees. to more expensive.

That's right, at the launch of BSC, my mind was already racing when people shouted FEE BSC was cheaper than ETH. I asked, wasn't ETH Fee also cheap before? and it is because of transaction density that ETH FEE soars. But I believe this incident could have happened to BSC if it was at the same point in ETH

It's a problem that we need to talk more about when people are so focused on seeing which is better to choose when both are good.
The demand for crypto is increasing day by day and ETH is still doing very well, only now is not a good time to talk about the ETH ecosystem when it has not met the demand. But the problem is they are building everything to be perfect, I believe ETH 2.0 will really make us happy with it.

Now these days is just a matter of which is cheaper and which your pocket can afford Most people use BSC because mehn the whole profit you can make in ETH network can be engulfed my the raging gases hungrily for more While BSC is mostly micros but the truth is not all projects are on BSC so some rich defi farmers stick to their ETH no matter what and then again some stubborn people

BSC for me is a good alternative for ETH while they are still in the process of solving the high fees. Maybe that's the reason why BNB is more popular now, but it's a long way to go as BSC network has not achieved yet the number of projects using ETH network that cause the spike of fees, and maybe you are right, eventually in the long run BSC network will be congested and the fees will increase.