ETH OR BSC - page 9. | Bitcointalksearch.org

llecrf

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Quote from: _IRMAN on November 13, 2021, 06:09:47 AM

BSC already has its own fans, although one day the price of ETH gas will be cheap again, BSC will still stick with its fans. Just like what happened to ETH today, even though gas prices are getting more expensive, there are still a lot of users.

By the way, when will ethereum gas fee go down like in 2017, BSC already has a lot of fans and I think ethereum should quickly deal with the high gas fee issue at the moment, Altair ethereum is still being developed and it will be a surprise in future if both chains can be combined in 1 transaction

bct-user

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If ETH doesn't lower the transaction fee, I think people will leave it gradually. There are already some alternatives now, they offer a better service and cheap transaction fees. The best alternative is BSC, very possible to defeat ETH in the future. I think BSC is getting popular now, even some top crypto platforms already moved/added their network/chain to BSC.

Naficopa

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Quote from: senyorito123 on December 06, 2021, 06:51:30 PM

Quote from: Joseph_2 on November 13, 2021, 05:00:02 AM

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?

Even though ethereum gas fee will fall 50% than it's current cost, I don't think it makes bsc projects switches their project over erc20. Bnb has developed strong support from different upcoming project specially with gaming and other highly recommended cryto which is potentially increase in popularity. Certainly BSC is a ways better choice which is continuously happening this year and so on.

I agree that a 50% decrease may be too small .. But if it were much bigger, the situation would not be so beneficial for BSC. There is possibility that, Proof of Stake can make the Ethereum newtork fee drop by up to 99%, then in my opinion a very large part of the projects will return to ERC20.

senyorito123

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Quote from: Joseph_2 on November 13, 2021, 05:00:02 AM

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?

Even though ethereum gas fee will fall 50% than it's current cost, I don't think it makes bsc projects switches their project over erc20. Bnb has developed strong support from different upcoming project specially with gaming and other highly recommended cryto which is potentially increase in popularity. Certainly BSC is a ways better choice which is continuously happening this year and so on.

carrigan

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People have their flagship coin which they usually trade. Usually if they are comfortable with the coin then they will find it difficult to compete even though the price of the coin goes up. This is because they also have mastered the coin, even though the price of gas is expensive but they know how to manage the coin properly so that they get a profit. That's how if the cost of ETH gas drops, the BSC will still be held by the fans who have been trading BSC.

BuNga_cute

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Quote from: Cryptock on December 06, 2021, 06:05:59 PM

Quote from: livingfree on December 06, 2021, 05:46:55 PM

Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

Only we are not sure if Ethereum transaction fees will decrease. If it turned out that the decrease in fees for transactions in Ethereum 2 is not much smaller than the current one, the situation on the market could change significantly. I think BSC would have a very good future then and would probably catch up with Ethereum capitalization very quickly.

The shortage of Ethereum is that gas fees are still quite high and that makes Ethereum users very disappointed. Therefore, BSC, which has lower
transaction fees, is starting to get the attention of crypto users. Even quite a few Ethereum users are starting to switch to using BSC now, so I agree
that the future of BSC is quite promising. But it's still too early to say BSC will beat Ethereum, because the Ethereum team is also trying to fix this
high gas fees problem. Hopefully the Ethereum team can immediately provide good news for Ethereum users regarding this high gas fees problem.
Because if left too long without any improvement, this will make Ethereum increasingly abandoned by its users.

livingfree

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Quote from: Cryptock on December 06, 2021, 06:05:59 PM

Quote from: livingfree on December 06, 2021, 05:46:55 PM

Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

Only we are not sure if Ethereum transaction fees will decrease. If it turned out that the decrease in fees for transactions in Ethereum 2 is not much smaller than the current one, the situation on the market could change significantly. I think BSC would have a very good future then and would probably catch up with Ethereum capitalization very quickly.

Let's just hope for it.

It's not going to be forever high for the fees since the developers of ethereum are still active.

So there's a way to mitigate and fix that with their next upgrade. That's what I'm hoping for since it's the most popular blockchain and altcoin.

Rabi3

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Quote from: Joseph_2 on November 13, 2021, 05:00:02 AM

Or BSC will stay the way better choice over ethereum?

BSC is not the best choice over Ethereum and never was, despite the high fees ETH is suffering from, it still the first choice for big investors and its token is still the 2nd in market cap, if eth 2.0 will make transactions cheaper and faster I think we will see not just BSC but probably also cardano, Solana, avax...etc go down a little because most people will think this way and try to profit from Ethereum instead.

Cryptock

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Quote from: livingfree on December 06, 2021, 05:46:55 PM

Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

Only we are not sure if Ethereum transaction fees will decrease. If it turned out that the decrease in fees for transactions in Ethereum 2 is not much smaller than the current one, the situation on the market could change significantly. I think BSC would have a very good future then and would probably catch up with Ethereum capitalization very quickly.

livingfree

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Quote from: Erdogan on December 06, 2021, 03:49:36 PM

There is no doubt that in the current situation, due to the very high price of transaction fees in Ethereum network, it is better to use the BSC. However, this situation could change completely with the introduction of Ethereum 2. It is still unclear how big the difference will be, but Ethereum still has many more users than BSC.

Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

Erdogan

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There is no doubt that in the current situation, due to the very high price of transaction fees in Ethereum network, it is better to use the BSC. However, this situation could change completely with the introduction of Ethereum 2. It is still unclear how big the difference will be, but Ethereum still has many more users than BSC.

Fredomago

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Quote from: dunfida on December 06, 2021, 02:34:29 PM

Quote from: aquafinewater on December 02, 2021, 11:58:10 AM

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

We've been complaining about high gas fee on ETH for a while now and that talks of 2.0 is still on that indefinite question on when it would be finalized.

That London fork didnt really put up that much effect on to the overall network and it did end up on have nothing change but lets see on what

would be their next update but for now the best choice would be BSC. Fast and cheap fees.

So far there's none coming from the developing team, still have high fees and if traders and investors have to choose in terms of usages inside exchange using BSC is more practical, especially if you are just a small time trader.

If you can't afford to pay high fees, there's no need to continue using ERC, unless you don't have any other option and you got stuck with your asset that's attached to ERC chain.

Leonardo7

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Op, try to improve on your sentense contruction. I got you anyway but poorly passed. Well, when ETH2. finally goes live, other chains will still exist side by side ETH and they all provide various solutions and have projects built on them. BSC with continuous improvement will sill be a major player, but their fees really need to be addressed since it's s Proof-Of-Stake protocol.

Queenboss

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Ethereum had a large number of users and that is still the case till date, though some users switched to binance smart chain owing to the cheaper transaction fees, but I'm certain that ethereum developers are still working on modalities to curb the issue. I personally would choose ethereum over binance smart chain owing to the fact that ethereum blockchain is more stable and we rarely had issues of the network going down or inability to make transactions due to one issue or another.

dunfida

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Quote from: aquafinewater on December 02, 2021, 11:58:10 AM

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

We've been complaining about high gas fee on ETH for a while now and that talks of 2.0 is still on that indefinite question on when it would be finalized.

That London fork didnt really put up that much effect on to the overall network and it did end up on have nothing change but lets see on what

would be their next update but for now the best choice would be BSC. Fast and cheap fees.

Tumanggor

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Quote from: Joseph_2 on November 13, 2021, 05:00:02 AM

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 is a cheap version of ethereum, if ethereum gas fee becomes low again then people will definitely go back to ethereum and leave bsc

but ethereum developers are very good friends with bsc developers so I believe ethereum gas fees will never be cheap again

the ghabbar

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Quote from: Joseph_2 on November 13, 2021, 05:00:02 AM

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 current condition of the Binance smart chain is very beneficial, considering that gas costs are quite cheap, in fact many project developments are now using the Binance chain for collaboration, but we also can't ignore ethereum, considering the exchange rate against ethereum is still very high for now, it's just people who have small investment will choose Binance Smart Change to transact, considering ethereum has very high gas costs.

lizarder

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Quote from: Joseph_2 on November 13, 2021, 05:00:02 AM

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?

Currently the Binance smart chain is the solution for most people to make transactions, considering the low gas price guarantees their continued use, but if you look at the current condition of ethereum, they are also in a good position, even though the cost of ethereum gas is still very high, and I think BSC and ethereum have an equal chance for now, even to judge both are still at a standard stage, apart from the gas cost of each.

terrorJR

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Quote from: dEjAvOU on December 02, 2021, 12:58:03 AM

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.

maybe I am 1 percent of what you say because I am still on the ETH route even though it requires large finances for transaction fees.
It's true that most will use BSC in this case but they also have a lot of shitcoins and scammers problems.
I personally still use these two networks, because they both have their own advantages.
gass fe as much as $35-$100 for me it doesn't really matter when the results are appropriate

kaka manteng

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Quote from: globalpain on December 02, 2021, 01:54:09 AM

Quote from: kaka manteng on December 02, 2021, 01:29:14 AM

Quote from: Joseph_2 on November 13, 2021, 05:00:02 AM

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

That's very true because seeing the expensive transaction fees from ETH of course it's very unfortunate and I hope the fees can be cheap again,
different from BSC which has low transaction costs, besides that many projects use the BSC network

yes, of course this is a problem that ethereum users are still facing. but for someone who uses the erc20 platform also has another alternative to reduce shipping costs by using metamask to switch networks.

Topic: ETH OR BSC - page 9. (Read 1626 times)