Polygon vs BSC - page 4. | Bitcointalksearch.org

Tigerheart3026

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Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

in the current crypto market, those who network will provide at a lower fees in their network people will go use it.

bsc fee is gradually increasing, because it's transaction record in a day almost same with eth network.

still most cheap network fee provided in polygon, so projects migrating in there.

polygon almost heavy rival for bsc.

Ngewex Yuk

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The market is always unpredictable, what BSC is achieving today is certainly never expected 3 years ago, with full support from the exchange it is certainly difficult to compete with BSC, from the other side for example cost and speed many experts say Polygon is better, I hope there is surprise from Polygon so they can beat BSC.

SarangWallet

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Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

Polygon's opportunity to compete with BSC will become clearer, because without something that can make the perception of BSC enthusiasts confident to switch to using the Polygon Blockchain, it will be very difficult to become a competitor to BSC.
Maybe it can happen but I'm not sure when or even BSC is too smart to be a rival to Polygon, there are several advantages that Polygon currently has where transaction fees are much cheaper than BSC, but on the other hand BSC has already gained popularity in the market. The crypto market is proven by the number of projects that use the BSC network, but if Polygon is able to create many projects that have many interesting things in them so that they are able to attract investors to enter, let alone make them comfortable and confident that the project will provide huge profits.

Kanjeung

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Cryptocurrencies have truly made a breakthrough in 2021. Polygon is one of the many currencies that has shown significant improvement. Polygons have grown tremendously in recent years. This has a positive impact on price predictions for this crypto. In addition, Polygon is also expanding their partnerships and investments. Overall, these developments ensure that experts have positive expectations for Polygon in 2021, 2022 and beyond.

how about bsc?
i think bsc will be better than polygon, why? because they have a strong team and are present when ethereum has very large gas fees. What I'm amazed at is that Binance Chain is built so that users can trade quickly. However, this focus makes BC inflexible like other blockchains, in that it can be used to build several programs on it using smart contract technology. of all my words. I believe for both will definitely have a high price like ethereum. I really believe that.

the ghabbar

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Quote from: the ghabbar on September 27, 2021, 04:49:33 AM

Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

Polygons have a good opportunity next year, polygons have many advantages, both transaction costs and shorter timeframes compared to BSC, but to be able to compete with BSC is not easy, many changes must be made, not only on transaction advantages or timeframes , but must be able to perfect other things related to the value of buying and selling, but in the crypto world anything can happen, as long as the pattern they do will benefit everyone who joins in it, but for this year in my opinion Polygons has not been able to compete with BSC as a whole.

Still less feature with Polygon network maybe less investor want to trade and save money there, I think not many coin although with polygon network can sell on dex market like BSC available sell on pancakeswap, I will waiting with new feature added on dex polygon exchange where have new coin with polygon network can trade and sell there.

The lack of features possessed by polygon networks must be added or improved in the future, so that the use of polygon networks will attract more people's interest, if polygons want to compete with BSC, but if they don't make these improvements, most likely polygons will not be able to compete with BSC, considering BSC now has slightly more advanced features than Polygon, this improvement is what pushes polygons to compete in general with BSC.

Rahman11

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Matic has a few key areas where it beats out BSC.

It's faster: Actually, it's MUCH faster than BSC. If you use both side by side, you'd understand it. Matic is a few seconds faster than BSC, which is saying a lot considering how fast BSC is.
It's cheaper: it's much cheaper to use Matic than to use BSC. Matic fees are almost non existent, whereas you can *kind of* still see them on BSC. Actually, Matic fees are so low that they stop being a deciding factor in transactions, which is saying quite a lot.
Fully decentralised: Matic also keeps the complete decentralisation of the Ethereum blockchain. There's no rolling back chains or reversing transactions. It's completely decentralised.

How is BSC better than Matic?

Regardless of the fact that it's completely centralised, the Binance ecosystem has a robust and extremely skilled team that can handle issues as fast as possible. This will be very important if any issues come in down the line.
That's apparently the only thing I can see that BSC beats Matic at.

Jasper HODL

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At present, mature public chains only have ETH and BSC. As the first public chain with applications, ETH has huge user resources. Behind BSC are Binance's funding and operations team, as well as Chinese people who want to participate in cryptocurrency. From this point of view, polygon has no significant advantages in the face of both. It has neither a huge user base nor sufficient funds. At the same time, it also faces competition from SOL and FTM. It is very difficult for Polygon to surpass BSC, but it is almost impossible to surpass ETH.

Unless his team has innovations that change the world.

LUCKMCFLY

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Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

Right now there are many projects that are being launched with Polygon, they are also doing many beta tests, which is a very good method to test projects and platforms, in fact not only are there other networks such as Ropsten, Mumbai, among others. For now Binance Smart Chain is being the leader, the ETH network is good but the fee is incredible, because they are very high, the Polygon network is not yet at the level of BSC, I think it still needs a lot of development and not really I could say which one will be better in about 5-10 years, it is very difficult to predict something like that.

pjwaffle

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Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

Both are in different network, in fairness point of view, I think the competition has happened and what I observed some projects are now starting to move to the polygon network. So that's it. a long struggle for the polygon network before they could take over what bsc did to stay consistent with their service.
If you are watching both since Q1 of this year and you will see a war between BSC and polygon even though polygon was a new smart contract platform at the time, it showed very good growth just like BSC And of course, in the future, I think BSC and polygon (MATIC) networks will compete quite fiercely in many aspects in the market.

Em00n01

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I can't predict but i saw there are several things that shows Matic can competition with BSC.

I have used polygon network several times. The transaction was almost instant and fee was very low. On the other hand BSC is costing almost 0.6$-1$ sometimes.
BSC has some good number of dex but Matic don't have like this. May be it's need some time to implant some dex like pancake.

wiss19

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Quote from: aylabadia05 on September 27, 2021, 07:02:10 AM

Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

Regarding the future I can't speculate because the future for me is hope that can't be sure. During this time Polygon and Binance Smart Chain or BSC are equally good in terms of the network and for me both becomes an alternative to many people when the Ethereum has a big gas cost problem when the transaction. I see all this time BSC is still very good from Polygon because it is very much using BSC in every project in crypto.

Your point is valid polygon is a new smart contract platform at time it shows very good growth, the only thing that make it different polygon didn't get support from any platform like BSC. Now we can talk why they are rivals, It's because now we have many chains looking for solutions compare to Ethereum era when peoples have no choice.

Polygon is able to create many projects that have many interesting things in them, so they are able to attract investors to enter alone be able to make them comfortable and confident that the project will provide huge profits.

RealMalatesta

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Quote from: bixiiMaphi321 on September 27, 2021, 11:22:12 AM

While Binance Smart Chain (BSC) is facing congestion issues. Polygon re-emerged with low transaction fees and fast transaction processing speed. This caused the two networks to clash. Both Binance Smart Chain and Polygon have significant advantages over Ethereum in terms of price and speed. While Binance Smart Chain is focused on creating its own thriving and diverse ecosystem, Polygon presents itself as an exit valve for Ethereum itself.

While there are some that could be considered better in blockchain technology level, the fact that there are higher ones with lower blockchain is the proof that people do not care only about the blockchain use of it, but they also care about the adoption and the general use as well.

For example, I always say that bitcoins blockchain is one of the worst ones we have, there is really nothing that you can do on it and it is a slow congested boring blockchain, we have blockchains much much better than that, but we are still seeing bitcoin at the top rank, why? Because it is the most used and most traded one, which shows that people do not care about blockchain alone. This doesn't mean that people do not care about blockchain at all, of course the better the blockchain of a coin is, the better chances it has to be great in the rankings as well, it just doesn't mean automatically better that is all.

NicNacCoin

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We can see that all the current ones are coming from the Binans smart chain platform. Binance Smart Chain Platform The platform has become very popular in a few days.Currently the Polygon Matic Network platform is moving. Now we can see that some of the projects are in the Polygon Matic Network. The transaction fee is very low here. The Polygon network platform will move forward much faster.However, in terms of popularity, Binance is ahead of the smart chain platform.

bixiiMaphi321

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While Binance Smart Chain (BSC) is facing congestion issues. Polygon re-emerged with low transaction fees and fast transaction processing speed. This caused the two networks to clash. Both Binance Smart Chain and Polygon have significant advantages over Ethereum in terms of price and speed. While Binance Smart Chain is focused on creating its own thriving and diverse ecosystem, Polygon presents itself as an exit valve for Ethereum itself. Polygon is currently still a small part of the larger Ethereum network, if more projects move to Polygon it could conceivably reach as far as Ethereum itself. Polygon gives Binance Smart Chain plenty of reasons to consider its role and create further separation, but BSC is now able to attract more users. With no indication that Ethereum will fix its scaling problems on its own in the near future, users can expect both Binance Smart Chain and Polygon to thrive.

aylabadia05

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Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

Regarding the future I can't speculate because the future for me is hope that can't be sure. During this time Polygon and Binance Smart Chain or BSC are equally good in terms of the network and for me both becomes an alternative to many people when the Ethereum has a big gas cost problem when the transaction. I see all this time BSC is still very good from Polygon because it is very much using BSC in every project in crypto.

the ghabbar

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Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

Polygons have a good opportunity next year, polygons have many advantages, both transaction costs and shorter timeframes compared to BSC, but to be able to compete with BSC is not easy, many changes must be made, not only on transaction advantages or timeframes , but must be able to perfect other things related to the value of buying and selling, but in the crypto world anything can happen, as long as the pattern they do will benefit everyone who joins in it, but for this year in my opinion Polygons has not been able to compete with BSC as a whole.

indah rezqi

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Quote from: Bonenx14 on September 26, 2021, 06:41:57 AM

Quote from: indah rezqi on September 26, 2021, 12:34:34 AM

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 ~~BSC (Binance Smart Contract)~~

Thanks for the advice. There is a typo in the Binance Smart ~~Contract~~ that I wrote should be Binance Smart Chain and I have edited it.

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.

indah rezqi

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Quote from: indah rezqi on September 26, 2021, 12:34:34 AM

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.

These two projects are currently the choice of many people because BSC and Polygon can solve the problems that Ethereum has, but lately BSC is superior and very popular because in the BSC network there are more than 700 projects in it, while the Polygon network only has about 150 projects, so it can be concluded that Polygon cannot compete with BSC.

For now, it may be true that Polygon is not ready to compete with BSC due to several advantages that BSC has. But maybe one day Polygon can go hand in hand with BSC. If currently there are 700 projects as you mentioned in BSC and 150 projects in Polygon, what if one day the number can be the same as 700:700? Grin

indah rezqi

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Quote from: indah rezqi on September 26, 2021, 12:34:34 AM

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.

So far, the two networks (Polygon and BSC) are good and can be a solution to many people's complaints regarding the high cost of gas on Ethereum. But going forward, if Binance Smart Contract is able to maintain the power and convenience as it exists today, I can say that Polygon will not be able to either.

Whether or not Polygon can compete with the Binance Smart Chain (BSC) lies on their own. How they developed the Matic network so that many people are interested in using it like Binance is today with its BSC. Usability-wise, we have to admit that both are currently good.

coinzzzpro

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Quote from: errorcode99 on September 16, 2021, 01:34:50 PM

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.

This will change when there are more transactions. Matic is a promising project, but it is not easy to catch up with BSC. Without DEFI and NFT any blockchain is now empty.

Topic: Polygon vs BSC - page 4. (Read 952 times)