Give reasons why ETH is better than BSC - page 9.

fosco333

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Quote from: CryptoATM on April 25, 2021, 01:04:48 PM

Everything about ETH is right except the high gas fee issue that BSC fixed, still developers and consumers will go back to eth once gas fee is finally fixed on Ethereum network, ETH is just a better coin for many reasons while the most important one is been fully decentralized and BSC is fully centralized

Now we can see that the Ethereum gas fee has become normal, below 100 gwei which is not too expensive for me.
Ethereum blockchain is better, because it is backed by the miners which means it is more decentralized than BSC which using validators to support the blockchain.

Princeofpoetry

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Quote from: FloridaKid on April 16, 2021, 08:12:21 AM

I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.

Yup, according to the information I got, the gas fees will be resolved by 2022. However eth is still the best platform with many validators, people still like decentralization without any party control. although bsc is on the rise at the moment I still prefer eth

seleme

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Both of them are the best currencies, but l think ETH is better than BSC, the first reason ETH is more decentralized than BSC. However everything is something different nowadays, that is why ETH has only one bad advantage and it is the high transaction fee. Due to the high gas fee, people prefer investing in BSC than in ETH. If a high gas fee will be solved in the future, l think people will be more interested in investing in ETH.

kidbounty

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Quote from: john1010 on April 25, 2021, 08:50:49 AM

We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone. Grin

In fact it's true, BSc is better than Ethereum. the only thing that is superior maybe from the price. ethereum is currently in the lead, but there is no guarantee in the future it will remain the same. a friendly and fast platform will definitely be more desirable and that will increase demand. sooner or later eth will also lose in terms of price.

CryptoATM

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Everything about ETH is right except the high gas fee issue that BSC fixed, still developers and consumers will go back to eth once gas fee is finally fixed on Ethereum network, ETH is just a better coin for many reasons while the most important one is been fully decentralized and BSC is fully centralized

slaman29

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Quote from: ?? on ??

I've been a fan of ethereum for a while but for now I'm sure BSC will be the future of crypto. Although ethereum is still the first, I feel that ethereum has been stuck for a while, especially with the problem of very expensive gas cost.

I was for a long time NOT a fan of Ethereum, and then finally kind of converted when their developers and future direction convinced me they weren't such assholes after all.

I have also admitted now BSC is maybe going somewhere after all but I don't see myself getting converted by them. They're just too much of a capitalist entity Binance.

Lantind

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Quote from: poodle63 on April 24, 2021, 10:36:30 PM

If ETH gas fee gets resolved people probably gonna go back to ETH again and it's gonna burden the traffic a lot more than current time where people are migrating to BSC that makes BSC hits its highest transactions volume and ETH gas fee problem could probably surface again.
It's true we should just wait until the real implementation of the update because it could either failed or success to solve the problem and as many people have mentioned, the price of ETH that reaches its new ATH also contribute to the rise of gas price.

Yes, now I have seen in the past two days that Ethereum Gas costs have decreased considerably so that people who used to complain about expensive Gas fees can make transactions at this point, in general this is very good, but I himself is also very worried that one day expensive costs will appear again if the implementation of Ethereum 2.0 fails.

grabpopcorn536

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ETH is more decentralized than BSC
ETH has a longer and more diverse development ecosystem than BSC. The BSC ecosystem is focused solely on DEFI and NFT.
Projects on ETH are turning to BSC to reduce costs. There are many projects on BSC that claim they will switch to ETH if the 2.0 upgrade of ETH is successful.

MishaSER

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Quote from: john1010 on April 25, 2021, 08:50:49 AM

We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone. Grin

I agree with you, but I disagree with 4 points. What kind of innovation are you talking about? This is the same project as Ethereum, there is nothing innovative here. If you consider the innovativeness of reducing commissions, then I can give you an example of 5-6 blockchains that offer such an opportunity. For example, Avalanche Waves are already working projects that you can use right now.

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Quote from: john1010 on April 25, 2021, 08:50:49 AM

We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone. Grin

Many new projects have adopted the BSC because of transaction cost problems that can hinder the development of new projects when they enter the market.
but currently, there seems to be a solution to ethereum transaction fees. they'll be competing again.
I myself use both. and move to the BSC for day trading. and some ERC tokens for temporary investment. I think both of them are comfortable to use.

john1010

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We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone. Grin

susuberuang

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Ehereum has long been active in crypto, so it has a very large community and network, all cryptos transactions use etherem, whereas bsc has only become popular in recent years, although BNB exchanges are most popular because gas fees are very low compared to etherem, and in my opinion BNB unable to surpass ETH's dominance any time soon,

MFahad

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Quote from: ?? on ??

I've been a fan of ethereum for a while but for now I'm sure BSC will be the future of crypto. Although ethereum is still the first, I feel that ethereum has been stuck for a while, especially with the problem of very expensive gas cost.

Why do you only care about the gas fee and do not consider the security. The ethereum blockchain is very much secure as compare to binance smart chain.
People think that they will use pancakeswap over uniswap to save the fee but they forget that within last month pancakeswap was comprised. Sad

Benefactor

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The decentralization of Ethereum is acceptable and yet this makes Ethereum somewhat hard to carry out the answer for fix the adaptability issue. It beds as a more developed biological system, a bigger local area, and more decentralized regardless of the great exchange costs as of now. BSC looks new, costs less and improves publicity.

poodle63

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Quote from: Lantind on April 24, 2021, 12:37:00 PM

Quote from: Fredomago on April 23, 2021, 02:03:02 PM

Just need to wait and see if how things will work after this update.

That's right, it's just a matter of waiting to see what happens and if it really is going to have a big change in fees, then I really believe that everyone will be very happy with ETH and will come back to praise it with beautiful words.

If ETH gas fee gets resolved people probably gonna go back to ETH again and it's gonna burden the traffic a lot more than current time where people are migrating to BSC that makes BSC hits its highest transactions volume and ETH gas fee problem could probably surface again.
It's true we should just wait until the real implementation of the update because it could either failed or success to solve the problem and as many people have mentioned, the price of ETH that reaches its new ATH also contribute to the rise of gas price.

FinneysTrueVision

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Quote from: FloridaKid on April 16, 2021, 08:12:21 AM

I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.

Decentralization is ethereum's only real advantage over BSC but it is a very big one. You can say that ETH has a stronger network effect but that can be overcome and we have seen it flipped by weaker coins like XRP and BCH. BSC will never be decentralized because it is managed by Binance. If Binance goes down then the entire BSC network will collapse.

Princejebs

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I will choose BSc over Eth no matter the reason given here by anyone. Very annoying chain, I mean how can someone pay more than what they are sending. Even banks don't do that. The miners on Ethereum are greedy including the developers as well otherwise they would have done this transaction fee thing since it inception.
BSc on the other hand may be slow in transaction confirmation but it does all the transactions I want associated with very low fee.

Btcvilla

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Ehereum have been old year and BSC just popular few year, how ever although BNB have exchange market I think most profit and have higher price ethereum than BSC. Depend now many ICO still believe with ethereum as coin platform and every day growing up faster than BSC coin, maybe BSC only working when have new launchpad on Binance.

Lantind

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Quote from: ?? on ??

I've been a fan of ethereum for a while but for now I'm sure BSC will be the future of crypto. Although ethereum is still the first, I feel that ethereum has been stuck for a while, especially with the problem of very expensive gas cost.

How do you know that Ethereum has been stuck for a while?
Have you ever communicated with the Ethereum team in the past or just an educated guess at this point in your own mind?

Ridwan Fauzi

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Quote from: FloridaKid on April 16, 2021, 08:12:21 AM

I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.

I guess the people will not see the centralized or decentralized anymore they will only see the lower fee for the transaction itself. Because ETH and BSC already has a good reputation in the crypto currency sphere so as the people will see it anymore.

They will choose the network that can give them an easy way with the low fee per transaction. Like me, have been a few years ago I move to BSC network for the transaction especially for withdraw my fund because the fee per one transaction is really cheap than I choose ETH network.

Topic: Give reasons why ETH is better than BSC - page 9. (Read 3396 times)