BNB not competing with Ethereum Chain
BNB is a simple chain, where as Ethereum having smart contracts.. mostly ethereum competitors are EOS, NEO, ICX, Tezos, ETC, TRON
But this BNB chain will bring revolution to the crypto world. 1 second block time and 1 confirmation is a killer..
everyone knows the pain of transferring btc to exchange or making payment with btc and waiting for sweet 20-30 mins.
5 tokens already switched to binance chain. MITH, NOW, ATOMIC, Redpulse Phoenix, Spendcoin & 7 more tokens from ETH chain will move to BNB chain.