Basically I always see profit from ethereum and bnb so diversification is necessary for me as that is what i believe in this market.
It's unnecessary to try to compare which one is better because the facts that are happening tell us that. Maybe ethereum is not attractive to new entrants but think about what you are looking for in this market, things in this market are not as smooth as we see crazy bullish coins. Crazy, instead experience with it, you will know satisfaction and accept the risks that come with it.
Topic: ETH OR BSC - page 13. (Read 1626 times)
If you want to make a profit, you can use both ethereum and bnb. But if you want to send your funds, you can use bsc because bsc offers a low fee and fast confirming transactions. Maybe ethereum can do that in the future after they finish solving the cost of the fee. Hopefully, bsc will still grow no matter if the ethereum fee can reduce in the future because many new projects are now using smart contracts in the bsc network.
I'm pretty sure BSC will continue to grow even as fees for ethereum decrease. however, currently BSC seems to dominate over the use of ethereum because ethereum fees are very high.however, I agree that it would be very easy if we were flexible and used both. Personally, I tend to use BSC at the moment, but if there's some thing that ethereum needs to be used for, I'll use that too.
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?
The only reason why people are using BSC is because of the current gas fee problems with ETH.
I don't think that once this is resolved with ETH2.0 that BSC adoption will continue on its current trajectory.
Plus, a lot of the use cases of BSC is for meme tokens which is not necessarily going to be around in a few years (or months).
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?
The only reason why people are using BSC is because of the current gas fee problems with ETH.
I don't think that once this is resolved with ETH2.0 that BSC adoption will continue on its current trajectory.
Plus, a lot of the use cases of BSC is for meme tokens which is not necessarily going to be around in a few years (or months).
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?
The only reason why people are using BSC is because of the current gas fee problems with ETH.
I don't think that once this is resolved with ETH2.0 that BSC adoption will continue on its current trajectory.
Plus, a lot of the use cases of BSC is for meme tokens which is not necessarily going to be around in a few years (or months).
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
Currently BSC network transaction gas fee is too low than ETH. Ethereum transaction gas is very high right now.BSC will continue to grow. I Think ETH they will solve their problemes and wil be development and update ETH 2.0.For me,I'm usually using BSC now and many project use the BSC.
If you look at the number of transactions between the two, then BSC has the upper hand for now, but this is not just talking about the value of the gas that the two produce, the two coins have different networks, and strangely both are able to be in a pretty good position at the moment in crypto, ETH has shortcomings in terms of gas transactions, while BSC is the opposite, and almost all development projects use BSC at this time, that's why BSC is considered to be growing. 
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?
ETH is still the king of decentralized blockchain and DEFI.
The only reason why BSC gained such popularity is the abnormal gas fee's. In essence, BSC is a bad copy of ETH mainnet
All advantage of BSC compared to ETH is the price of transactions. There is nothing else. If ETH will be more accessible then it will be hard to catch up.
Recently, due to the increased load of the Balance Smart Chain, transactions in this network are becoming slower. Accordingly, those who want to shorten the transaction time increase the commission, which entails a higher transaction cost. But even in this case, the transaction price in BSC remains a thousand times lower than in the Ethereum network.
Currently BSC network transaction gas fee is too low than ETH. Ethereum transaction gas is very high right now.BSC will continue to grow. I Think ETH they will solve their problemes and wil be development and update ETH 2.0.For me,I'm usually using BSC now and many project use the BSC.
how low the cost of etherium gas is, I'm not sure the cost of eth gas will be lower than bsc but even if the costs involved in handling both networks are the same, BSC will continue to grow due to several advantages and support from BSC users
If you want to make a profit, you can use both ethereum and bnb. But if you want to send your funds, you can use bsc because bsc offers a low fee and fast confirming transactions. Maybe ethereum can do that in the future after they finish solving the cost of the fee. Hopefully, bsc will still grow no matter if the ethereum fee can reduce in the future because many new projects are now using smart contracts in the bsc network.
I'm pretty sure BSC will continue to grow even as fees for ethereum decrease. however, currently BSC seems to dominate over the use of ethereum because ethereum fees are very high.however, I agree that it would be very easy if we were flexible and used both. Personally, I tend to use BSC at the moment, but if there's some thing that ethereum needs to be used for, I'll use that too.
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?
See the statistics of Ethereum Level 2 solutions.https://l2beat.com/#about
https://polygon.technology/stats/
L1 Ethereum is very expensive for small transfers, but large fees are not a problem for large players.
But the Ethereum ecosystem has a much higher potential than the binance smart chain. Although the interface is the same and the only difference is the coins, which are used to pay the commission.
If you want to make a profit, you can use both ethereum and bnb. But if you want to send your funds, you can use bsc because bsc offers a low fee and fast confirming transactions. Maybe ethereum can do that in the future after they finish solving the cost of the fee. Hopefully, bsc will still grow no matter if the ethereum fee can reduce in the future because many new projects are now using smart contracts in 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?
ETH blockchain is still more popular since there are a lot of major projects build on it. Right now, BSC still has only two coins on top 100 market cap (if we don’t count BNB and BUSD) GRT and CAKE.
To be honest, BSC is exciting right now mostly because of meme coins which can bring you quick fortune of quick liquidation. I am sure after the hype is over and ETH gas goes down, ETH will gain popularity back.
If one day the ETH gas fee starts to decrease, then the BSC fee rate will follow it and become much cheaper.
For me, the choice is obvious - the BSC. Fast and cheap transactions, rich ecosystem and many projects including NFT and DeFi. Quickly create a smart contract that you don't have to pay thousands of dollars for. The game is played by the number one BSC in the world. I would pose the question BSC or DOT or Solana?
All advantage of BSC compared to ETH is the price of transactions. There is nothing else. If ETH will be more accessible then it will be hard to catch up.
The gas fee of the Ethereum network will commonly rise up again whenever the price of Ethereum itself is rising up significantly and altcoins price especially under the Etheruem network is also increasing.
More crowded the transactions, the gas will be rising up.
And this will also happen after the next bear market to head up the bullish era. In such a previous cycle, the gas will be lower but t will be rising up again.
And this always becomes the main problem of ethereum network, with very high fees, even more than $100 for only transaction fees when we are going to transfer ERC20 tokens in a certain amount.
If BSC can maintain its lower fees whatever the condition, even in high or low prices, it seems that BSC will still have its fans to stay using the network.
More crowded the transactions, the gas will be rising up.
And this will also happen after the next bear market to head up the bullish era. In such a previous cycle, the gas will be lower but t will be rising up again.
And this always becomes the main problem of ethereum network, with very high fees, even more than $100 for only transaction fees when we are going to transfer ERC20 tokens in a certain amount.
If BSC can maintain its lower fees whatever the condition, even in high or low prices, it seems that BSC will still have its fans to stay using the network.
Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Maybe I'm very pessimistic if gas on ethereum will go down but if gas on ethereum goes down then it's likely that some project developers will reconsider using the ethereum platform to create their new projects but with gas prices on BSC being cheap so far even though BNB prices are rising fast it probably won't like DEX on binance.
I will go with bsc network anytime of the day.Cant afford to spend lots of money for transportation.The bsc network has a very low transaction fee compared to the ethereum network .I used to spends hundred of dollar swapping my altcoins that are under the ethereum network.Most of my assets are now those under bsc cause I can't handle the fees anymore.
Jump to: