Which is better: Ethereum or the Binance Smart Chain? - page 11.

Psynthax

hero member

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Merit: 504

Quote from: Howard@1 on February 07, 2022, 04:03:51 AM

Which is a better platform? Ethereum or the Binance Smart Chain?

The answer will be very subjective depend on the personal opinion.

I will try to explain the answer from the different perspective.

Ethereum seems to be better in term of decentralization as ethereum has been running by thousands of nodes in the world. This means ethereum will be more secure and safe compared with the binance smart chain. In this case BSC is loosing against ethereum caused by BSC is only running by a few nodes. It's around tens or more.

When you are seeing this from the scalability and i will say BSC is leading and then ethereum. It's caused by ethereum was not scalable like BSC. the transaction fees is also very high compared with BSC.

tbct_mt2

hero member

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Merit: 838

Better on what aspect?

Ethereum is better if you are considering the size of its ecosystem but it is worse if you are considering about gas price, transaction fee on ERC-20 chain.
Binance Smart Chain is better if you are considering about its gas price and transaction fee which is much lower than ERC-20 chain.

However, if you are only considering quality of a project like this, shit altcoins are better than both Ethereum and Binance Smart Chain because they have nearly zero transaction fee. Seriously they are shitcoins and mostly can not survive more than 4 years. So are they actually better than Ethereum or Binance Smart Chain? In my opinion, they are not.

Back to your question, Binance Smart Chain is not better than Ethereum.

avikz

legendary

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Merit: 1500

I personally prefer BNB because of the less gas fees. But ETH is quite good as an investment. But due to its high gas fees, I don't prefer to do any transactions in ETH chain. But Polygon is even better because it has zero gas fees.

I would recommend you to read this article,

https://uk.finance.yahoo.com/news/ethereum-binance-smart-chain-blockchain-defi-crypto-074504608.html

It's quite useful!

Howard@1

newbie

Activity: 4

Merit: 0

Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.

Topic: Which is better: Ethereum or the Binance Smart Chain? - page 11. (Read 1546 times)