Binance Smart Chain versus Ethereum

Binance Smart Chain versus Ethereum

Ethereum is still far ahead in market share as it hosts 69% of DeFi applications and has a total value lock of $135.05bn. Photo: Mateusz Slodkowski/SOPA Images/Sipa USA

In mid-October, the Binance Smart Chain (BSC) received a cash injection of $1bn (£725.5m) to encourage widespread engagement by both users and developers. This billion-dollar adoption drive has placed pressure on competing crypto networks, particularly Ethereum, the world’s largest and most established blockchain for…


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