Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. It acts as a kind of Bitcoin for the Internet—a distributed, worldwide system for applications (DApps) that run exactly as programmed without any chance of fraud, censorship or third-party interference.

Ethereum

The Binance chain is the native blockchain of Binance, the world’s largest cryptocurrency exchange by trading volume. The project was born of a need for a decentralized, transparent and immutable blockchain that can be used as a public ledger for recording all transactions on the platform. The new chain will serve as the foundation for Binance’s native DEX and will also feature tools that will enable third-party developers to develop their own decentralized applications (dApps) based on the technology. Binance hopes its blockchain will “provide an underlying layer of a seamless financial infrastructure, driving rapid growth in digital asset adoption.”

	Ethereum	BNB Chain
Created by	Vitalik Buterin	Changpeng Zhao
Native token	ETH	BNB
Consensus algorithm	PoS	PoS
Hashing algorithm	KECCAK-256	KECCAK-256
Supports EVM	Yes	Yes
TPS	27	2200
Block time (secs)	12	3
Layer	1	1
Supports smart contracts	Yes	Yes
Average transaction fee	$17.48	$0.35
Staking rewards (APR)	3.31%	%

Ethereum vs. BNB Chain

Overview

Table of Contents

Comparison

Is Ethereum faster than BNB Chain?

Is Ethereum cheaper than BNB Chain?