Re: WHAT IS BINANCE SMART CHAIN? WILL BINANCE BECOME NEW ETHEREUM RIGHTS?
BNB holders who are interested in staking BNB can also assist in the development of Binance Smart Chain and earn bonuses. Can Binance replace Ethereum?
binance is one from many ethereum competitors, and this altcoin is the best one
but, i never think if binance will replace ethereum, because ethereum marketcap almost 10x from binance marketcap mate
Marketcap is clearly not the point here, but the technology. And binance also knows the problems in the ethereum blockchain since they are built on top of ethereum to start with. Ethereum's blockchain is experiencing many issues in terms of scalability and speed which will become a bigger problem in the future.
Binance smart chain on the other hand has a wider scalability, faster speed, and a future proof technology compared to ethereum. Binance does not aim to replace ethereum though, they wanted to offer a better platform and product, an alternative, they even made it compatible with the ethereum blockchain.