Launched in 2020, BSC directly targeted Ethereum’s weaknesses: high gas fees and slow transaction speeds. Backed by Binance’s massive user base and liquidity, BSC offered ultra fast transactions and low fees, quickly becoming the go to chain for DeFi and NFT projects priced out of Ethereum.

While Ethereum emphasized decentralization and security, BSC prioritized speed and affordability even if it meant more centralization. This trade off sparked a fierce debate in the crypto community: should usability outweigh ideological purity?

The result? BSC exploded in activity in 2021, stealing massive market share and proving that a faster, cheaper alternative,even if less decentralized could compete with a crypto giant.