Both have bright futures but my favorite is BSC because it has low transaction fees. And now you can see many investors are investing in BSC. And also many new bounties are coming
which are based on the BSC network. so I choose BSC for my Future.
Topic: ETH OR BSC - page 10. (Read 1626 times)
ETH transection fees are too high so Bsc network is best to build any project However, eth transection fee can b less in only in this case if Eth 2 launced otherwise not possible
Due to the high Eth transection fees, I use BSC most of the time for transection, but many top projects use the Eth network for their builds, and even a few airdrops do Eth transection, although eth transection fee would be less if Eth 2 launched.
100% I choose BSC. since crazy transaction fees on ETH made me not want to see assets stored in ERC-20, some time ago I swapped on uniswap and it took up to $120, then I migrated ETH Lend to AAVE and it took up to $200 so I canceled all transactions, while the swap in Pancake only costs a maximum of $1.
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
I think that some users will leave the network and this outflow will be much greater than now but still,I believe that about half of the current users will continue to use the network because commissions on ethereum will still be more than on bsc. One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
BSC for time being since ethereum gas is a way too expensive for small transactions. But if I have a chance to use other coins, I will pick one with relatively low fees tho. I wish ethereum gas will be lowered soon that way, it will get its massive users back.
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
For Now we can see that the choice is clear, first from the side of the lowest money transfer fees and many promising projects also use Bsc. Erc20 now in my opinion is too expensive in conducting transactions, for investment and working with ethereum. seems like what i said everyone feels it especially for bounty hunters
different from BSC which has low transaction costs, besides that many projects use the BSC network
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
For Now we can see that the choice is clear, first from the side of the lowest money transfer fees and many promising projects also use Bsc. Erc20 now in my opinion is too expensive in conducting transactions, for investment and working with ethereum. seems like what i said everyone feels it especially for bounty hunters
I'm sure 99% of people will choose BSC over ETH, no one wants to store cryptocurrencies for years, no one likes to spend $15 or hundreds of dollars in transaction fees, let alone bad transaction speeds make me forget about ETH. BSC is a better network than ERC because it is proven to be more effective, cheaper and certainly faster.
in fact one of the networks that are giving the most talk is called Polygon, it is a network that is economical, which will monopolize most of the NFT projects based on the metaverse, in fact there are already some announcements that are join this network where you will have a great price in fee and are already beginning to do the respective advertising. The truth is that I have not come across a fee like the one shown in the publication that is so expensive, because it is even sometimes more expensive than the ERC-20 network itself And I know that the ERC-20 network is very expensive because it makes days I had to make a transaction where I got more than 150USD.
I would say that Matic does have a future, but I wouldn't say it is the "best" one right now. I am not saying it is bad or anything, like I said at the start it is a good project with a future. However I believe that if we were to believe that NFT and smart contracts are the future, then I would put SOL above Matic right now. In fact, I would put Avax in front of them all.Avax seems to have a much better long term solution to the gas fee problem, and they are doing great marketing at the right places as well. Starting a new NFT collection costs less than 100 bucks there, with distribution included. Go ahead and try to create one single NFT with 1k copy, and say you are giving it away for free if people tweet under you with 3 other mentions of people so it grows. You will be out of that 1k in a single day (if you could distribute that much), they have a VERY active community like that.
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
both cryptos have equally large holders and both platforms continue to perform well. As for the reason for the increase in the binance platform, it is not because of the high cost of GAS in ERC20 in my opinion. despite the high ERC20 Transaction fees there are also users using the platform. even if in the future erc20 has a low transaction fee, then there will be no effect for the bsc network to continue to grow. this shows that both are big platforms that are constantly being developed.
The Etherium Network is one of the most popular sites. But small investors are suffering because of the current high gas transaction prices. Compared to that, the transaction value in Binans Smart Chain or BSc is comparatively less. If the price of etherium gas goes down, it will be everyone's first choice but now the people of BSc are solving the problem.
in fact one of the networks that are giving the most talk is called Polygon, it is a network that is economical, which will monopolize most of the NFT projects based on the metaverse, in fact there are already some announcements that are join this network where you will have a great price in fee and are already beginning to do the respective advertising. The truth is that I have not come across a fee like the one shown in the publication that is so expensive, because it is even sometimes more expensive than the ERC-20 network itself And I know that the ERC-20 network is very expensive because it makes days I had to make a transaction where I got more than 150USD.
I would say that Matic does have a future, but I wouldn't say it is the "best" one right now. I am not saying it is bad or anything, like I said at the start it is a good project with a future. However I believe that if we were to believe that NFT and smart contracts are the future, then I would put SOL above Matic right now. In fact, I would put Avax in front of them all.Avax seems to have a much better long term solution to the gas fee problem, and they are doing great marketing at the right places as well. Starting a new NFT collection costs less than 100 bucks there, with distribution included. Go ahead and try to create one single NFT with 1k copy, and say you are giving it away for free if people tweet under you with 3 other mentions of people so it grows. You will be out of that 1k in a single day (if you could distribute that much), they have a VERY active community like that.
Eth and BSC two chains are very popular now adays. However, we know that the swap fee in Eth is much higher. Due to which small investments cannot be made here. BSC is the 1st choice of investors as it has low fees.
Depending on the current situation, the main reason why the administration in ether is not affordable to small investors is. its gas fees. Against this,BSC is becoming very popular as low gas fees and wide class prefer BSC. If there is less gas in ERC 20 then people will like it. Even today many people transact in ERC 20 also.
The average use of the ETH network today is a large number of traders and investors because it is no longer suitable for those who only use $100 on the ETH network, and this is a very large cost effect that makes small traders have to stay away from ETH in the future at the moment.
but indeed for now it is not worth it when we want to start with eth especially with minimal capital.
I think this is the reason for small traders to be in BSC because indeed if they are in ETH it is not profit that is obtained but on the contrary when we only have a little capital
It is not surprising that Binance is using this momentum with high gas prices on the Ethereum network to attract new supporters and promote its products in the general competition. Why not, if it is beneficial for us, consumers.
indeed one of the advantages of BSC is that the fee is cheap and easy to use, only launched in a few days Binance Smart Chain already has a total user that exceeds Ethereum,
this is what makes BSC more popular, if BSC does not have the same problem as Ethereum in the future,
then I really believe BNB will become a phenomenal coin and will beat Ethereum in 2nd position Coinmarketcap
It is not surprising that Binance is using this momentum with high gas prices on the Ethereum network to attract new supporters and promote its products in the general competition. Why not, if it is beneficial for us, consumers.
legendary
Activity: 2380
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Well, I honestly think that if this happens, BSC is definitely going to loose alot of customers cus binance smart chain can't be compared to Ethereum in the first place, just like you've said, many people flocking to binance smart chain to build their project are doing so mainly because fees on the network is very cheap compared to that of Ethereum, Infact, to justify this, there this token I found on poocoin ads, after a very little research, I decide to invest in it, when I asked the admin where to buy, he said I should on uniswap, I was like 😳, I asked if the token is an erc20 token.? They said "yes", and instantly, I gave up the idea of investing in that project, atleast, until they are listed on a centralized exchange., so currently, new projects built on Ethereum are actually loosing investors due to the high transaction fees. 
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
BSC isnt "way better" choice over ETH, right now it has just this advantage, that the fees are cheaper but if BSC would get as popular as ETH, or get its marketcap even close to ETH, then we would see the same story over and over again. We need to get to POS as soon as possible, otherwise we will come to a halt with every blockchain being clogged with high fees.
Jump to: