Quote from: Mrsparks on April 22, 2019, 11:43:28 PM

After bitcoin proposed a unique means for perpetuating trustless , secured and efficient transactions bolstered by a distributed ledger unique in comparison to what is obtainable in the conventional world, ethereum brought about a new agenda that speaks loudly of blockchain technology unlimited possibility to evolve every aspect of the society.

Decentralized applications and smart contracts are one of the key concepts the Ethereum project has established in the crypto-space. Decentralized applications in contrast to centralized applications proposes an alternative free from internet censorship, open source in nature and a rewarding economy designed to be fault tolerant. A host of decentralized applications are in the market today providing top notch services I.e Etherdelta, Eosbet e.t.c .With more and more enthusiast entering the crypto space, it's expected that dApp technology will gain implementation across diverse industries in the Nearest future.

Smart contracts is another remarkable function that earmarked blockchain technology potentials . The ability to self regulate and input rules to govern Perpetuation of transactions among different parties and the elimination of third parties in transactions has endeared blockchain technology to the finance and trade systems of the world. Smart contracts gives room for a secured level of automation designed to govern transactions. No wonder most new blockchain platform have adopted the smart contract functionality introduced by ethereum due to the immense levels of efficiency it can provide for both monetary and non monetary transactions.

In conclusion, seamless integration of the ethereum blockchain makes ethereum forever ahead of the numerous copy cats in the market. Many people are of the opinion that the binance blockchain will be a strong contender to the ethereum blockchain but with the absence of supports for dApps and smart contracts, I find it hard to believe developers will migrate to Binance blockchain just for the meager privilege of getting listed on the binance exchange. Before Binance, the blockchain community has existed and even after binance will continue to exist because crypto is bigger than trade and market liquidity. Blockchain is a technology that should touch every aspect of human existence with remarkable features. With the looming of ethereum 2.0, I think the next phase of ethereum development will be a game changer.

What's your opinion? Which of the two features of blockchain technology discussed above do you find more endearing? And do u think Binance blockchain will replace Ethereum as every developer first choice?

I think binance developing it's own blockchain is not a bad idea. But I don't see it in competition with the ethereum rather I see it as a paradigm for swift and reliable exchange of all form of digital assets. After reading up a bit from the release I think binance blockchain technological architecture will make it fit for not just trade of cryptocurrencies assets but also international trades and finance activities.. With the reputable names behind the binance chain I think asides from developers, private investors and the governments of this world will seamlessly utilize the binance blockchain for diverse trades and finance activities..