It may be fast but wont really be enough for ERC20 token users or supporters to switch up on Binance chain.It would still be a good alternative though and it wont really cross the borders.
4 ERC20 tokens already switched to Binance chain
Many more coming.. ETH is really way too slow compare to Binance chain 1 sec block
It might be too slow right now but I expect ETH to do more better. There will be a new upcoming upgrade with ETH and it can be a good reason for an ERC20 token to stay with ETH blockchain. Well, its their choice after all maybe those 4 ERC20 tokens needs more exposure in the market and put their coin where the hype is high is good strategy.
This is also my view on where these 4 erc20 tokens do tend out to switch just for them to be dragged on the current Hype of Binance Chain and might really give some traction or demand with their tokens
but i dont think it would be a worthy shot.
This time around, the first step is to define what is the competitor? Binance Chain does not presently have smart contracts, it becomes meaningless to treat it as a competitor
Well said but as said above and been trying to fight for is about that Binance chain 1 second block time and 1 second confirmation.