Topic: will Binance be the next Ethereum? - page 20. (Read 9649 times)
BNB and Binance Smart Chain are already close to Ethereum and Ethereum blockchain, and if Ethereum developers will not solve the problem with expensive transactions on the Ethereum blockchain in the near future, then of course Ethereum will have big problems, but I do not think that BNB will overtake Ethereum this year, but in the next couple of years, everything is certainly possible, so I will follow closely BNB and Binance Smart Chain because I have invested in BNB and in some projects that use Binance Smart Chain.
I don't know if binance could be the next ethereum or not? but based on the current market situation, Binance has attracted a large market investment, in one week Binance can pump more than + 135% and this increase is completely unexpected. on the other hand Binance also has top platforms and smart contract platforms like erc20. Even now, many Defi projects use the BCS platform. In addition, transaction fees using BSC are also very cheap. In this regard, I think BNB is Ethereum's toughest competitor at the moment.
In my opinion, Binance is not a replacement or competitor to Ethereum, but rather Binance is compatible with Ethereum. Binance actually gives smart contract makers more options with lower-cost options. Moreover, Ethereum market cap is higher than Binance
Actually the market cap of ethereum is higher than BNB presently however with investors embracing BNB as alternative to eth I foresee BNB market cap competiting with eth in the nearest future with eth whern eth failed network issues with regards to high cost of gas for transactions and congestions binance had already capitalized on that shortcomings by addressing it with BNB the price of BNB will pump massively being the choice new investors.
Looking at the current price movement of BNB in the crypto market, it is highly likely that Binance will become the next Ethereum. Especially now that Binance has designed a BSC that runs on a high-performance layer to ensure a fast and smooth user experience. That might give Binance an edge over Ethereum. Where scalability limitations sometimes create bottlenecks leading to surging transaction fees and extended confirmation times.
BNB and ETH are not bad investments, but the reason why BNB is experiencing a high rise is because users from the ethereum platform are moving to Binance,
if eth is not a bad investment why will eth investors need to transfer from bnb and if they did why eth value remains the same . its high and continues to soar high . is that a sign that eth investors are fleeing from the other block .Quote
yes, because of the high transfer fees, if ethereum doesn't address that, I'm sure Binance will overtake Ethereum in second place.
its been a long time ever since we feel this issue in eth and eth users seem to become hopeless already but i believe that eth can pass this unfortunate events soon . too early for binance to celebrate but eth isnt the only enemy of binance but binance may check the coins below it 
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
When Binance hasn't been increased by this much, the only competitors of Ethereum are Cardano, Polkadot and others. Now they included it because of its price increase 
.When it comes to DeFi, Ethereum has been the first one to introduce it to us but Binance duplicated it. The only problem right now with Ethereum is the gas fees which Binance shines with because of its low fees. When EIP1559 will be released and when the TX fees of Ethereum go down, new projects will come again in the Ethereum Blockchain. Its just that the fees of it are very high that is why they prefer BSC.
Just saw few hours ago that the Berlin Hard Fork of Ethereum will be done April of this year base on this website;
https://www.coindesk.com/ethereum-core-developers-mid-april-berlin-hard-fork
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
Somehow I have the same thoughts that Binance could possibly be the next Ethereum, particularly for DeFi environment since there lots of new projects launched and some of them start to move on Binance smart chain lately. BNB and ETH are not bad investments, but the reason why BNB is experiencing a high rise is because users from the ethereum platform are moving to Binance, yes, because of the high transfer fees, if ethereum doesn't address that, I'm sure Binance will overtake Ethereum in second place. .
I don't think that Binance smart chain is the next Ethereum but it is a new revolution in the cryptosystem. With the big reputation of Binance exchange, Binance smart chain can be bigger than Ethereum itself. We know that Binance is the main target of all crypto projects to list their tokens. If Binance provides Binance smart chain with lower fees, all crypto developers surely prefer to choose Binance smart chain as their best option for now. It is very strange to see the fee transactions on the Ethereum platform now. It is too expensive!!
particularly for DeFi environment since there lots of new projects launched and some of them start to move on Binance smart chain lately.
That's the main reason why binance coin is gaining so much traction from the market. People didn't wanna a lot of their money to pay the miners on ethereum. This problem caused by the miners that rejected the latest EIP that being introduced by ethereum core developers. If this is always happening and that will be a big problem for ethereum. so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
Somehow I have the same thoughts that Binance could possibly be the next Ethereum, particularly for DeFi environment since there lots of new projects launched and some of them start to move on Binance smart chain lately. 
Although Binance is gaining a lot of popularity these days because its impossible for the small traders to do transactions at the uniswap and other decentralized platform because of high fee. But remember that binance is a centralized platform so there is always a risk if you hold too much bnb.
If we talk about cryptocurrency in general, then risks are present everywhere and BNB is no exception, as well as ETH. And at the same time, we should not forget that ethereum is also centralized as Binance Coin. Therefore, the risks of using these blockchains will be approximately the same for the trader
as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
I agree with you, because if gas fees from Ethereum are still expensive, then I believe Binance has a great chance to become more popular than Ethereum, because the transaction fees using Binance are very cheap, besides that I think Binance also has a very good reputation and a lot of people are investing in BNB, so it is very easy for Binance to replace Ethereum, then I also saw that all project using Binance smart chain were very successful and the price has risen very high, so I believe that in the future Binance could be the next Ethereum. so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
I am sure you mean Binance coin aka BNB not centralised exchange Binance, the price of BNB is going to higher than $340 according to the coinmarketcap statistics. The price of BNB is still low considering the high demand by the market investors after the BTC total marketcap has gone above 1 trillion marketcap. The Binance as the main crypto exchange will pump its BNB for a long time and the BNB can replace the ETH one day.
as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
I woke up to bnb at $320+ which is insanely high, still can't believe I didn't bag any bnb when it was at $18 last year, i think one of the few reasons why it's pumping insanely is because it is owned by the biggest crypto exchange market binance, also with the issues alot of investors are finding in Ethereum transaction fees becoming too high whereas on Binance Smart Chain the transaction fee is less, this has made so many projects along with the investors move from the Ethereum blockchain to binance smart chain, Ethereum team needs to solve this high gas fees issue else bnb will just take its place. so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
Considering that now the Binance exchange has not been working for more than an hour, then I think it's too early to talk about it! Binance, of course, has risen sharply in price, but it is still far from Ethereum. Now the network could not stand the load, it is not clear whether this will affect the price.
We cannot distinguish between the two networks BNB and ETH are one of the networks that coexist with many projects that stand on it, it's just that this time ETH is still experiencing costs that are too high so that many have switched sides to cheaper smartchain networks for in use today, surely people will think that once a transaction requires a large fee, even a single swap of $ 85-100 is really burdensome, but with the BNB network we can choose other options instead of at this time but this is not to completely replace ETH in fact, the more smart contracts that are provided, the more people build projects from various networks.
as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
I don't understand why we keep on thinking that binance smart chain will replace Ethereum or Polkado is a eth killer. These statements does not look professional. I think all these platforms like binance smart chain, ehtereum, polkadot, ada will co exists and we will find many projects built on these platforms.
We should all be glad to see competiton instead of being lock with only one option. With those moves from binance chain most likely developers will start moving if they'll advantages using different chain, as most of them still patronizing ETH. With current gas fees
finding alternatives will take place.
As mentioned above, Binance got much cheaper fees one of those factors that's been looking for old and new developers, taking this
as part of the strategy, attracting investors since a lot of them are being stuck with tokens that can't be move due to higher gas fees.
as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
I don't understand why we keep on thinking that binance smart chain will replace Ethereum or Polkado is a eth killer. These statements does not look professional. I think all these platforms like binance smart chain, ehtereum, polkadot, ada will co exists and we will find many projects built on these platforms.
as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
Obviously binance has great future as it is one of the most dominating projects in crypto sphere but i do not think that there is need to create unnecessary rivalry among different projects all of them are holding their own place.so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
Although Binance is gaining a lot of popularity these days because its impossible for the small traders to do transactions at the uniswap and other decentralized platform because of high fee. But remember that binance is a centralized platform so there is always a risk if you hold too much bnb.
as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).
so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
Obviously binance has great future as it is one of the most dominating projects in crypto sphere but i do not think that there is need to create unnecessary rivalry among different projects all of them are holding their own place. so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?
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