Of course fee-wise BSC wins, even though in some far future ETH might be cheaper again. The question is also whether one wants a more centralized platform (BSC) vs a more de-centralized one (ETH)
It is a long hope to expect that Ethereum fees will be lower ever again, they are planning radical changes which is a high risk move changing the consensus mechanism and you never know what all bugs we will encounter, despite these changes i do not believe that the issues will be sorted. The solution is having multiple chains and everyone sharing the load so that the network does not get congested. 
Topic: ETH OR BSC - page 15. (Read 1626 times)
When the fee from Ethereum changes to lower, there will probably be a lot of new erc20 projects, but that doesn't mean there won't be new projects on the Bsc chain, both of them have their advantages and disadvantages; which one is better? I will go for erc20 if the eth gas goes down.
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 major reason to use BSC right now is for the fees.
However, when ETH2.0 comes about there may not be that advantage left anymore.
I would hold a mixture of both, but honestly I would still put the majority of my position into ETH in anticipation for ETH2.0 to come out. Plus BSC is still a bit more centralized compared to ETH which makes me less willing to hold it.
BSC is already a home for many NFT projects and even if the gas in ETH has reduced significantly in the future i’m sure that BSC could hold its standing pretty well.
The NFT projects that are already in BSC will not move over to ETH just because the gas has reduced there’s always chance that the gas could be increasing again anytime when it comes to ETH, even right now it’s fluctuating a lot, it could be very cheap and in the next hour it could be very costly.
The fate of BSC when ETH has finally fixed its gas fluctuation will also be the same as other similar platform basically could also hold on quite well. The worst case scenario is the newer NFTs will not be using BSC anymore and move back again to ETH but even so, there will always some that will still use BSC considering that BSC itself was made by binance to increase the chance of having relationship with binance to basically boost the fame and recognition although it’s just a marketing strategy. BSC will stay as a better choice over ethereum blockchain.
The NFT projects that are already in BSC will not move over to ETH just because the gas has reduced there’s always chance that the gas could be increasing again anytime when it comes to ETH, even right now it’s fluctuating a lot, it could be very cheap and in the next hour it could be very costly.
The fate of BSC when ETH has finally fixed its gas fluctuation will also be the same as other similar platform basically could also hold on quite well. The worst case scenario is the newer NFTs will not be using BSC anymore and move back again to ETH but even so, there will always some that will still use BSC considering that BSC itself was made by binance to increase the chance of having relationship with binance to basically boost the fame and recognition although it’s just a marketing strategy. BSC will stay as a better choice over ethereum blockchain.
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 guess nothing with happen though, BSC has established itself already to be one good project and has proven it has many advantages on ETH not just the gas fees. So many new and current projects are switching to their main net.
So if ever the gas fee of ETH goes down, I don't think that there will be a shift of power again. Again, BSC has proven itself already, it has many developments on the pipeline and I doubt that ETH can match BSC's cheap price.
You should choose Ethereum all the way if fees isn't something you are worried about. Even if fees was an issue, go try some other coins, but wouldn't suggest the BSC network. Ethereum network has a better ecosystem, trusted by thousands of people, better security and decentralized. BSC has a shitty ecosystem and you will see most of the scam coins operate under the BSC network. And they claim to be decentralized, but if you do a little digging, you will see how centralized the exchange owned network is.
You could also see a lot of projects are not decentralized outside of ETH and BSC as well as in them too. Like SOL literally frozen their system for a while and then restarted it, that is the most dangerous thing in all of crypto and people are not even phased by it. So, decentralization is a very important thing but we do not care about it anymore at all unfortunately, so many projects are centralized like crazy these days.Plus, if it is the scam you claim to worry about, there are thousands of scams in ETH as well, or simply projects that creators build to get rich and they do not care about anything else. I am not saying that BSC is better, all I am saying is just because we prefer one, doesn't mean we should diminish the other one. I would say something like "ETH is better for me but BSC is not bad either" as a way to get around this problem.
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?
Nothing will happen, people will continue to use bsc because it provide equal service as eth network, it is always good to have different options, eth can not be the only smart contract network, other network should be able to provide the service too, the space is big enough for both chain exist.
Centralization is always a bad thing in crypto. While BSC isn't half-bad, as a community you guys should be thinking about more than just personal profits. Those of you who have been in crypto during this buulrun no longer have the excuse of "cheap transactions".
There are plenty of cheap transactions available in other Alt-chains that are not Binance. Binance is leveraging the usage and users of its CEX to proliferate its DEX as well as manipulate the system by listing coins from BSC. This presents a huge centralization problem. Something like this would have been corrected through the ethos of the collective in case of Bitcoin.
Unfortunately, there is no ethos except money in case of Alt-coins.
If you guys don't seriously start thinking like this, there is not going to be much competition left and not much yield left for anybody for long. So if you have to choose between ETH and something else, atleast go try some L2s like Optimism, Arbitrum or just use some other Alt-chain like AVAX or FTM.
Most importantly, don't you guys get bored with more of the same?
There are plenty of cheap transactions available in other Alt-chains that are not Binance. Binance is leveraging the usage and users of its CEX to proliferate its DEX as well as manipulate the system by listing coins from BSC. This presents a huge centralization problem. Something like this would have been corrected through the ethos of the collective in case of Bitcoin.
Unfortunately, there is no ethos except money in case of Alt-coins.
If you guys don't seriously start thinking like this, there is not going to be much competition left and not much yield left for anybody for long. So if you have to choose between ETH and something else, atleast go try some L2s like Optimism, Arbitrum or just use some other Alt-chain like AVAX or FTM.
Most importantly, don't you guys get bored with more of the same?
You should choose Ethereum all the way if fees isn't something you are worried about. Even if fees was an issue, go try some other coins, but wouldn't suggest the BSC network. Ethereum network has a better ecosystem, trusted by thousands of people, better security and decentralized. BSC has a shitty ecosystem and you will see most of the scam coins operate under the BSC network. And they claim to be decentralized, but if you do a little digging, you will see how centralized the exchange owned network is.
I am on both, but for fees i think i pick on BSC. Especially nowadays there are a lot of tokens which created with a lot of variation of network. So people not only tied in ERC20 tokens only and can pick token which only need small fees to made transaction.
Of course fee-wise BSC wins, even though in some far future ETH might be cheaper again. The question is also whether one wants a more centralized platform (BSC) vs a more de-centralized one (ETH) copper member
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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?
Binance is actively funding many good startup project that can rival those Dapps on Ethereum. There's no reason why investors will leave Binance if they are already settle down. Maybe many people will invest more on Ethereum Blockchain but that doesn't they will leave BSC network at all. There's a lot of existing blockchain that splitting different kind of investors like Solana, Avalanche, Polkadot, Cardano and many more.
These blockchain will coexist no matter what happened because there's a VC and loyal investors that backing it.
If after a few months ethereum's gas fee is lower than BSC, then people will definitely go back to the ethereum network. The main reason for people to switch to BSC network was high gas fee of ethereum network. But then transaction speed will be an important factor.
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?
it seems that if it happens that the ethereum platform can reduce gas costs, it is certain that there will be a change again where the ethereum platform will be used again. although that possibility seems to be difficult to realize, because once ethereum has a high price, it is certain that the effect of high costs is always unavoidable. Likewise, if the binance platform with its support for the BNB coin will also increase, it will also be difficult to reduce the costs that will occur. everyone must experience an incident because the coin is already high, then another platform will arise that will replace it.
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 am on both, but for fees i think i pick on BSC. Especially nowadays there are a lot of tokens which created with a lot of variation of network. So people not only tied in ERC20 tokens only and can pick token which only need small fees to made transaction. 
The ethereum London hard forks was meant to solve the problem of high ethereum gas fees but until now high fees in still experienced in the ethereum network, this is the mijat reasons why many projects adopt smart chain for their projects and the fact that Binance is world leading exchange it smart chain become so popular.
The use of the Binance smart chain is purely because of the low cost and the development team can also further save the problem of excessive costs through the BSC network or the Binance smart chain, so in general it is not a wrong choice and it is still a very wise choice for anyone to choose. 
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?
Ethereum fees are increased for over transaction every time. and Ethereum gas, on the other hand, has increased relatively little since the launch of Ethereum 2.0. But it will not be stable for long, maybe it will be reduced again in the next few days
It's not just the expensive transaction fees, it's also the traffic that became the issue and when users switched to BSC everything went well.
But now, it's the other way around. BSC seems to be having the same problem as Ethereum before. The congested traffic in their chain although it is still cheap. Fast and inexpensive, that is what most users like and delays are making them doubt the chain of one service.
I'd like to see Ethereum 2.0 to never have that same problem again and of course if it does, it will topple the competition against BSC.
But now, it's the other way around. BSC seems to be having the same problem as Ethereum before. The congested traffic in their chain although it is still cheap. Fast and inexpensive, that is what most users like and delays are making them doubt the chain of one service.
I'd like to see Ethereum 2.0 to never have that same problem again and of course if it does, it will topple the competition against BSC.
When it comes to the better and the best choice between Ethereum and BSC, of course most people will choose Ethereum, but because of the very high gas costs on Ethereum, many people are switching to BSC.
The answer is obvious, when Ethereum returns with normal gas costs, I'm sure many people will switch to Ethereum instead of BSC.
The answer is obvious, when Ethereum returns with normal gas costs, I'm sure many people will switch to Ethereum instead of 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 will continue to be good for everyone and will continue to be used by the community as well as new project developers, because the BSC network is very mature in terms of growth and development, so this will have absolutely no effect when Ethereum Gas costs have become cheap again. 
The ethereum London hard forks was meant to solve the problem of high ethereum gas fees but until now high fees in still experienced in the ethereum network, this is the mijat reasons why many projects adopt smart chain for their projects and the fact that Binance is world leading exchange it smart chain become so popular.
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