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Topic: ETH and BSC (Read 7007 times)

sr. member
Activity: 1414
Merit: 326
February 03, 2022, 12:07:04 AM
I think ETH's influence is getting less and less competitive with the faster and cheaper BSC, devs. certainly won't be using an old platform like ETH so I'm sure in 2 or 3 years ETH will be out of the top 50 rankings.
In my opinion the value of both currencies in the crypto market is a lot but ethereum ranks highest among altcoins ethereum is a reliable currency even though its turnover is low due to high gas fees. Long term investment is very profitable BSC is currently becoming popular in the market the fee for the transaction is lower.
jr. member
Activity: 546
Merit: 4
February 02, 2022, 12:03:46 AM
Both are good coins, having good fundamental too, but you can the negative and positive sides of them, but if that's me, I'll choose bsc/bnb.
Eth has higher price but higher trx fee too, and more holders
Bsc has a little price and lower price, some products, features, and anything has been developed by the ceo
sr. member
Activity: 546
Merit: 250
January 25, 2022, 12:03:37 PM
I think ETH's influence is getting less and less competitive with the faster and cheaper BSC, devs. certainly won't be using an old platform like ETH so I'm sure in 2 or 3 years ETH will be out of the top 50 rankings.
Are you still healthy when you say this ? or you do not know the name ETH Cheesy ?
Before you say this, it's a good idea to read about the history of ETH and also about the birth of BSC in the crypto space, because it would be very stupid if you said this just because you saw a cheaper BSC, even though there are others that are cheaper than BSC, such as example TRC20, Polygon and others, but they can't topple ETH to the bottom of the rankings.
Hope you are well Mate.
The market cap comparison on Altcoins will not be comparable to ETH coins, so it is unlikely that ETH coins will drop from the highs in altcoins just because of the transaction gas fee issue but from another point of view ETH will not be comparable to any coin platform, I think ETH coins will be in the top 2 coin position forever.
jr. member
Activity: 382
Merit: 1
December 30, 2021, 02:18:23 AM
True, BSC will still be a better choice than ethereum in terms of exchange because gas costs are relatively cheap, even though this coin has a very serious developer, the BSC chain is under Binance control but ethereum will still be the king of altcoins, remember ethereum is one the first smart contract platform in the crypto industry.
            
sr. member
Activity: 1358
Merit: 253
December 30, 2021, 02:14:34 AM
I think ETH's influence is getting less and less competitive with the faster and cheaper BSC, devs. certainly won't be using an old platform like ETH so I'm sure in 2 or 3 years ETH will be out of the top 50 rankings.
full member
Activity: 1025
Merit: 100
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December 09, 2021, 01:12:52 PM
ETH and BNB are the best investments right now because they have very high popularity and potential, but I prefer to use the binance network over ethereum, binance has very low gas fees compared to the ethereum network, so it is very profitable in exchanging or transferring for market, especially since the assets I currently own are spread across a number of projects with a limited number of tokens, of course choosing the binance network is the right decision in my opinion.
hero member
Activity: 952
Merit: 503
December 09, 2021, 12:33:44 PM
I love both networks but my favorite one is the BSC network because It has a low transaction fee. And BSC is going to be famous day by day. if you want to invest then I suggest that you should make investment in BSC.
The Matic network also has a much lower fee than BSC, but for some reason in the past two days the Polygon network has not worked at all unless it is switched to BEP20, but it will be very unfortunate for those who use a wallet on metamask or trustwallet.
member
Activity: 714
Merit: 16
December 09, 2021, 12:26:58 PM
For me I will say it makes transaction easier especially for people in my Country
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
December 09, 2021, 11:30:35 AM
I love both networks but my favorite one is the BSC network because It has a low transaction fee. And BSC is going to be famous day by day. if you want to invest then I suggest that you should make investment in BSC.
sr. member
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
December 09, 2021, 11:17:13 AM
it is undeniable that ethereum has a very high popularity compared to other altcoins, the price is also much higher which makes ETH ranked no. 2 CMC, but the ethereum network has very high gas costs, so many traders and crypto users are have a few ETH tokens can't transfer their tokens to the exchange because the fees are very high, the difference is with Binance being one of the most popular networks because it has very low gas fees, one transaction only costs 2-5 cents of course, currently the binance network is an alternative choice to replace ethereum, even though the price has not increased rapidly but binance has provided the right solution for small traders, I personally highly recommend binance over ethereum to do token exchange transactions,
sr. member
Activity: 2324
Merit: 263
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December 09, 2021, 08:27:52 AM
yes, it looks like our partner is not experiencing gas fees on the ethereum platform which is very expensive and I also don't understand seeing where it differs slightly from the binance platform. it's clear that up until now everyone was complaining about the ethereum platform and not a few are now turning new projects to the binance platform in order to avoid the still expensive fees.
maybe our partner doesn't experience it or maybe there is a way and we don't know it.
There is no other way to make transaction Gas fees on Ethereum cheap, because basically the transaction Gas fees are formed based on the number of Gwei that changes frequently on the Ethereum network itself, so there is no way to make it cheap.
full member
Activity: 1708
Merit: 105
December 04, 2021, 05:28:53 AM
ethereum is a popular coin now ethereum's gas free a little more tie I think ethereum's gas free will be a little less in front
But bsc's gas free is much less
I still don't understand what you are saying because many Ethereum users are still complaining about the problem of Gas transaction fees so they have moved and chose other alternatives such as BSC which is in BNB
yes, it looks like our partner is not experiencing gas fees on the ethereum platform which is very expensive and I also don't understand seeing where it differs slightly from the binance platform. it's clear that up until now everyone was complaining about the ethereum platform and not a few are now turning new projects to the binance platform in order to avoid the still expensive fees.
maybe our partner doesn't experience it or maybe there is a way and we don't know it.
sr. member
Activity: 2324
Merit: 263
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December 03, 2021, 11:15:31 PM
ethereum is a popular coin now ethereum's gas free a little more tie I think ethereum's gas free will be a little less in front
But bsc's gas free is much less
I still don't understand what you are saying because many Ethereum users are still complaining about the problem of Gas transaction fees so they have moved and chose other alternatives such as BSC which is in BNB
member
Activity: 644
Merit: 10
December 03, 2021, 05:43:41 AM
There's no reason to choose ETH, I'm disappointed that I haven't been able to send around $1200 spread across multiple tokens due to the exorbitant cost of gas, whereas for BSC I'm free to sell on pancake swaps for just 21 cents.
member
Activity: 252
Merit: 10
December 03, 2021, 12:23:39 AM
ethereum is a popular coin now ethereum's gas free a little more tie I think ethereum's gas free will be a little less in front
But bsc's gas free is much less
legendary
Activity: 2982
Merit: 1485
December 02, 2021, 03:37:01 PM
BSC Smart Chain is the new trend and the innovative way of cryptocurrency. Compared to ethereum network, many says ut has a low fee transactions and easy transactions online. Since ethereum now gains high value on cryptocurrency market, maybe it is the reason to have it's own pace to have a higher transaction gas fees. But many hopes that ethereum gas fee would come back to it's own to have a lower fees like bsc smart chain.

BSC is not a new trend, it's already used by majority of people. New trend is other networks such as Polygon and Avalanche. Binance Smart Chain prove itself already. You see network congestion time to time. BSC should fix that. A lot of people use it and when two different projects have some kind of sale or something, the network goes down. It can't handle all the traffic. It needs new upgrades. I don't even mention ETH because it's going to be impossible to use it day by day.
sr. member
Activity: 1176
Merit: 282
December 02, 2021, 09:16:48 AM
BSC Smart Chain is the new trend and the innovative way of cryptocurrency. Compared to ethereum network, many says ut has a low fee transactions and easy transactions online. Since ethereum now gains high value on cryptocurrency market, maybe it is the reason to have it's own pace to have a higher transaction gas fees. But many hopes that ethereum gas fee would come back to it's own to have a lower fees like bsc smart chain.
with the growth of bnb the price of transactions will also increase and we will have to look for new networks for cheap transactions, but I think we have a few more years for adequate commissions in the bsc network.
member
Activity: 784
Merit: 10
December 02, 2021, 08:53:03 AM
BSC Smart Chain is the new trend and the innovative way of cryptocurrency. Compared to ethereum network, many says ut has a low fee transactions and easy transactions online. Since ethereum now gains high value on cryptocurrency market, maybe it is the reason to have it's own pace to have a higher transaction gas fees. But many hopes that ethereum gas fee would come back to it's own to have a lower fees like bsc smart chain.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
November 16, 2021, 02:49:39 PM
Ethereum has been trusted by many projects that have used its network, the expensive gas costs are reasonable because ethereum always follows the bitcoin chart so I still maintain ethereum, many projects or platforms have used the bsc network in the future binance smart chain is growing while ethereum remains the king of altcoins.
on the other hand, there are now a lot of eth fans who complain about this gas and actually this gas problem still hasn't been resolved since a few months ago.
This is why many people are starting to switch to gas-friendly ones especially now maybe BSC is one of them.
On the other hand, for eth itself, there are fewer scams because it is definitely hampered by gas costs and this is very good for minimizing scam projects.
on the other hand the increase in very expensive gas is also the reason they are abandoned.
but for the altcoin king it is true that eth still dominates.

Currently days ago I made an exchange in the ETH network and I spent more than 150usd that is something exaggeratedly expensive, however the projects that are based on the BSC network I love them for their low fees, when they are ERC-20 projects I have to study them very Well if they are worth it or not, now every project in the BSC network is excellent for me, because it does not require any fee, however the risk for which it is exposed is very great, because in decentralized exchanges, there is a lot scamer who make contracts with almost the same name causing the contracts and investors to be confused and defraud, that way it always happens, or that the project that is being done keeps the funds.
here are the advantages and disadvantages of each.
On the other hand, from a project perspective, eth is very good because it's rare for scammers to be in this network because the gas is in a different level.
on the other hand BSC is more friendly in transaction fees but as you said a lot of coins and projects are being misused because of their low prices. so it's no stranger now in the BSC network, many coins are only temporary and rely on pumps.

on the other hand you are so brave to use $150 just for gas and that is one effort that is quite expensive and of course the level of profit will certainly be very much more than that.

That's right, I used that but the truth is a very expensive gas, and the advantages are obvious, but I really believe that the projects in which they come will migrate to the Polygon network, because it is a network that is being very strong, with the fees lower still and many projects such as metaverses are going to be developed there, so it would not be bad because competition to the BSC network is a very good thing so that it does not become monopolized as happened with the ETH network. And not only that network, there are many networks that for now are in betatest and promise a lot, especially they are attractive for their low fees, and people will always seek to earn more by paying less, that is the trend.
sr. member
Activity: 2324
Merit: 263
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November 13, 2021, 01:08:08 AM
In fact, it is unavoidable that the ethereum platform will charge expensive gas, because with the price of ethereum continuing to increase it is difficult to avoid gas costs will be made cheap. so while binance is clearly receiving the blessing of ethereum's high gas costs, many are looking for alternatives to binance. but maybe binance will also experience the same impact if BNB later is also of high value.
That's a very definite thing to happen because when the price of BNB has started to approach the price of Ethereum, and the impact for the cost will also be almost the same as what has happened to Ethereum so the project developers will look for other alternatives for this like Polygon which is still very cheap in terms of transaction fees.
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