Topic: Polygon vs BSC - page 2. (Read 952 times)
Both BSC and Polygon network are good for the users but when it comes to potential that's on developers that tend to run their new projects on either one of the two, as for me ERC 20 became a turn off because of high gas fee if not ETH erc20 is better
I think contention happened as of now and what I've noticed a few undertakings presently began relocating to polygon organization. I mean binance was likewise contributing a great deal to the BSC environment as it has countless client bases. The developing organization choices that we have is stunning, they are offering a superior administrations and we merit it.
Both are the best networks for now. In addition, both are digital currencies that have better potential for the future and have low and fast transaction fees. Polygon that we know is the latest network for now, but polygon can be a solution to the high price of ETH Gas so far. However, the popularity of binance is still superior to polygon because it has a wide range of smart contracts. But if Polygon is able to maintain its consistency, it is possible that Polygon can compete and match Binance's current achievements.
I don't think it's a big competitor, right now Binance Smart Chain is the leader of the game. Majority of people use it easily, low transaction fees, easy to use, fast and secure. Polygon is more complicated. There are some good projects in Polygon but statistically it's so low that you can't compare these chains yet.
I like Polygon but I don't see anybody use it in any environment. They need something bigger to get mass adoption, otherwise it will be another failed chain in the ecosystem.
I like Polygon but I don't see anybody use it in any environment. They need something bigger to get mass adoption, otherwise it will be another failed chain in the ecosystem.
Polygon is a new project which is launched in Binance Launchpad. BNB is ore hyped and due to the functions, fast transaction, less fees, many projects are using BSC blockchain also people are using BSC very much. BNB is a very big project as compared to MATIC. Matic blockchain is not supporting on every platform where we can see BSC blockchain on almost all platforms. Polygon blockchain requires for development also many projects are coming slowing to this new network which will help this project to grow more but it will take time for sure. Polygon blockchain takes less fees as compared to BSC. But due to popularity and the CZBinance involvement BSC future will be very good and there will be very nice competition between BSC & Polygon. In final both have a good future.
In my opinion, Polygon or MATIC cannot compete with BNB or BSC (Binance Smart Contract). BSC is still very superior to Matic, especially the number of transactions. But for the next few years, who knows Matic can beat BSC instead of competing.
This must be separated first because BNB is a coin while BSC (Binance Smart Chain) is a network of BNB that has not appeared for so long, as well as Matic whose network name is Polygon where he has also not been operating in the crypto space for so long that it needs to be analyzed thoroughly. comprehensive so that everyone can know it in full, because the development of BSC and Polygon was running separately and also not at the same time so that BSC became more popular than Polygon which only recently became popular.Note: BSC (Binance Smart Chain) not
The difference between BNB and BSC is indeed separate. But I immediately said that because I think a lot of people know that BSC comes from BNB and that's true even though in reality BSC is a network and BNB is a coin.
A more detailed explanation regarding that, I think at this time no longer needs to be explained because almost all communities active in crypto already know where the difference between BSC and BNB is.
How is Polygons potential in the future, can it rival with BSC?
I think this can happen, because the gas cost of polygons is also very cheap compared to BSC, it's just that for now BSC is still more popular than polygons, so there are still many new projects that use smart contracts from BSC, therefore I think the most important thing is is how polygons can create projects or new investors comfortable using blockchain of polygons, so the polygons may be more popular than the BSC and create many new projects started using smart contracts of polygons instead of BSC. 
Every project in the cryptocurrency market is always looking for a way to improve. Polygon is good, it just depends on what the developers really want, but you can’t compare Polygon to BinanceSmart Chain which has over sevenhundreds of projects on it, whilePolygon is around hundred (the last time I checked I think it’s around 150 projects). And that doesn’t mean BSC has a plan to just end it there, they also want to improve and be better than it is today.
I also know Polygon has that thought as well, so it's something that will have to do with the developers and the choice they are going to make when they want to create a new project. Before now I’ve even seen people that make statements that Polygon is going to be better than Ethereum, which I don’t really think is going to happen.
I also know Polygon has that thought as well, so it's something that will have to do with the developers and the choice they are going to make when they want to create a new project. Before now I’ve even seen people that make statements that Polygon is going to be better than Ethereum, which I don’t really think is going to happen.
In my opinion I think it can happen in the future because polygon is a good network it has very potential, the transaction fee is very cheap compared the binance smart chain. For now only few people knows about polygon network, it's not yet big like BSC but if people find that BSC fee is getting increase maybe people will switch to polygon.
I've became interested with Polygon when I see those infographics about how much you've already earned if you have invest a $1k capital at the start of the year.
And the profit of it is interesting and as I know BSC already, I think I'll do more research about Polygon.
And the profit of it is interesting and as I know BSC already, I think I'll do more research about Polygon.
This is good to hear from users who experienced polygon network as I don't have experience yet. So I know at least have an idea. So far, aside from ETH, I have experienced in transacting via BSC network and they are quite cheap. This is the reason why a lot of eth users are migrating to BSC. But right now, there are not so many popular projects built under Polygon, the reason why a lot don't have their first-hand experience yet on this network.
Polygon is a truly new project that is rapidly evolving at different layers. It was formerly called Matic Network and thus inherited the coin name.
I have a little experience operating with Polygon. I can say that its blockchain is very fast. A new block is added almost every second. I also noticed that Polygon currently supports all popular stable assets, including the highly capitalized USDT token.
As far as I know, Binance Smart Chain does not support this stable token on its blockchain. I don't know why exactly. Perhaps because Tether is a strong competitor to BUSD. I also assume that they have some financial conflict in the cryptocurrency business.
From my point of view, Polygon looks like a neutral coin. My guess is that the "Tether Ltd" company will always help the Matic team so that USDT holders can make cheap transfers.
I honestly love the Polygon network my only issue with it is the ridiculous fees it takes to move funds from one chain to another. Once this is solved and there are cheaper ways to move things cross chains then I will be fully behind Poly or whatever network can accomplish this. Currently, unless you are moving a large number of coins from one chain to the other you are getting eaten alive with fees and it limits users who want to try different things out if they know they cannot get their coins back to ETH or other networks easily.
This is good to hear from users who experienced polygon network as I don't have experience yet. So I know at least have an idea. So far, aside from ETH, I have experienced in transacting via BSC network and they are quite cheap. This is the reason why a lot of eth users are migrating to BSC. But right now, there are not so many popular projects built under Polygon, the reason why a lot don't have their first-hand experience yet on this network.
I honestly love the Polygon network my only issue with it is the ridiculous fees it takes to move funds from one chain to another. Once this is solved and there are cheaper ways to move things cross chains then I will be fully behind Poly or whatever network can accomplish this. Currently, unless you are moving a large number of coins from one chain to the other you are getting eaten alive with fees and it limits users who want to try different things out if they know they cannot get their coins back to ETH or other networks easily.
Actually the most important foundation for making devs. switching to Polygon is low cost and transaction speed, and it's already in Polygon, the thing Polygon has to do to beat BSC is to have a big exchange like Binance so it will easily beat BSC.
Do you think Binance will agree to that? LOL 
, especially if the intention is to beat BSC which is completely owned by Binance, BSC became famous because he was born from a well-known exchange so he could immediately get a good response from new project Devs, unlike Polygon which does not have any exchange to date.
How is Polygons potential in the future, can it rival with BSC?
If Ethereum is next into Bitcoin, And Bnb or BSC is next to ETH, perhaps Polygon(MATIC) is next into BSC.
In fact, I had been holding little by little this Matic in my wallet. Because, I know it will become like
Bnb 3 years from now. And as you can noticed little by little that some of the new projects used the
Polygon platform to promote their token. But of course, try to make a research in your own way.
Currently, Polygon cannot compete with BSC because BSC still has many conveniences that people can get. However, I think currently BSC and Polygon are both in the good category. If time after time Polygon is able to provide the best, then in the future Polygon may be able to compete with BSC.
anything can happen, considering that polygons are currently in the spotlight, especially the low gas cost compared to BSC is an advantage of polygons, it's just that the popularity of BSC is still very superior, Polygon still needs to work a lot if it wants to compete with BSC in the future , there is a need for new polygon-based projects that can make investors comfortable to linger in them.
Currently, Polygon cannot compete with BSC because BSC still has many conveniences that people can get. However, I think currently BSC and Polygon are both in the good category. If time after time Polygon is able to provide the best, then in the future Polygon may be able to compete with BSC.
The advantage of Polygon at this time is the transaction fee is very cheap, but it still hasn't been able to make it more popular than the already popular BSC, so in general Polygon still needs time to shift the BSC so that new project developers can be more interested in using it Polygons later.Actually the most important foundation for making devs. switching to Polygon is low cost and transaction speed, and it's already in Polygon, the thing Polygon has to do to beat BSC is to have a big exchange like Binance so it will easily beat BSC.
How is Polygons potential in the future, can it rival with BSC?
Currently, Polygon cannot compete with BSC because BSC still has many conveniences that people can get. However, I think currently BSC and Polygon are both in the good category. If time after time Polygon is able to provide the best, then in the future Polygon may be able to compete with BSC. maybe we need to see polygoin ecosystem growth before comparing with binance smartchain. i am believe by testing network when traffic full be good way to compare. which one of them have stability and consistancy in sending transaction. at this time polygon ecosystem still growing and we need to wait it.
Basically attendance is to solve problems
blockchain so that it will not be constrained by high operational offerings that are often felt and prevent data manipulation from happening.
Hard Polygon Network also accomplishes scalability and usability without sacrificing decentralization and leveraging the community within the ecosystem for development.
Although BNB and Solana are good coins but for now I will focus on Solana, out of the top 50 rankings only Solana looks stable and this is a strong indication of investor confidence in Solana, of course investing in Solana long term is the most profitable.
It's no doubt that either Matic, BSC or Solana, does have a good future and is fit for our long-term goals. But for now, I will mostly use the BSC network for most of my transactions as the advantage of low fees while having a quick transaction is a big deal for me nowadays that fees are always an issue.
On my portfolio list, those 3 are listed and part of my list. I will never miss a chance acquiring to holding these coins. They are promising and worth investing our money in. Not financial advice but do your part of doing your own research.
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