Real-Time TPS
BNB Chain TPS is 3.66X more than Ethereum TPS
Max Recorded TPS
BNB Chain max TPS is 28X more than Ethereum max TPS
Max Theoretical TPS
BNB Chain max theoretical TPS is 19X more than Ethereum max theoretical TPS
Block Time
BNB Chain block time is 75.03% less than Ethereum block time
Finality
BNB Chain finality is 99.21% less than Ethereum finality
Type
BNB Chain and Ethereum are both layer 1 blockchains
Governance Model
BNB Chain on-chain governance is better than Ethereum off-chain governance
Launch Date
BNB Chain was launched 5 years after Ethereum
Other Comparisons
About Blockchains
What is BNB Chain?
The BNB Chain, formerly known as Binance Smart Chain (BSC), is a blockchain platform introduced by the cryptocurrency exchange Binance. Its native token, BNB, serves various roles within the ecosystem. BNB acts as the network's transaction fuel, similar to gas on Ethereum, and grants users governance rights to participate in on-chain decision-making. In September 2020, Binance introduced the BNB Smart Chain alongside the BNB Beacon Chain, extending BNB's functionality. The BNB Smart Chain supports smart contracts and staking, offering an Ethereum Virtual Machine (EVM)-compatible infrastructure. This dual-chain design aims to provide a high-performance, cost-effective environment for the blockchain community, ensuring compatibility with existing Ethereum tools and dApps while improving scalability and user experience.
What is Ethereum?
Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside dApps. Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.