Polygon vs BSC - page 5. | Bitcointalksearch.org

Bonenx14

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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.

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)~~

CaptainCrapper

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Quote from: Luqman on September 22, 2021, 05:48:36 PM

Of course, Polygon will compete with BSC. It is going to be more popular right now, many developers move their chain/network to Polygon (Matic). As long as Ethereum has expensive fees, I think developers will try to have other ways to deal with transaction fees. One of the ways is to move to another chain with low transaction fees. So, people now have some options, not only BSC, but we have Polygon (Matic) as well. Both BSC and Polygon (Matic) will be rivals.

Personally, I use both network polygons trying to go BSC but BSC is exceptional where we can get very fast service and lots of pair is available there. But if we think the cost of the network we all of telling polygon is best from BSC for the transaction cost.

MarjorieZimmermanGinger

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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?

The potential of Polygons for now in the market is quite good, with steady movement, but needs a lot of improvement for polygons to be able to compete with BSC, the crypto world will be open for any coin in that position to be obtained, as long as the coin can provide good bargaining value in the market, when the bargaining value becomes very meaningful for the selling price of each coin, and can be done well, then the opportunity for polygons to compete with BSC is quite wide open, this depends on the development and promotion team can do or not.

irsykes

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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?

Some people said that it can possibly happen, and honestly i think that too. For now there are so many tokens that use polygon chain and people don't face a problem to use it, fees also not be a problem because only need small amount to swap. Maybe only need more exchanges so we have more choice to trading in market about tokens with polygon chain.

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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?

Judging from the development that is being carried out by the two projects at this time, it is very likely that BSC and Polygon will continue to grow and both will be used by many people, but in my personal opinion to compete with BSC, Polygon certainly takes longer and requires more development to attract people's attention as the BSC project has done.

Ultegra134

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I'm quite new to DeFi projects and do not have much experience. I've only used the Binance network so far, but I'm intrigued to try Polygon soon. I'm mostly investing in Stable LPs, and I've noticed that Polygon offers a wider variety of vaults, while few of those offer higher yield results.

indah rezqi

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In my opinion, Polygon or MATIC cannot compete with BNB or BSC (Binance Smart Chain). 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.

OgNasty

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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?

They’re pretty different. I think a lot of people wouldn’t touch BSC because of it’s relationship with Binance, while Polygon is considered a more decentralized project. BSC is awesome though. It has a much more established DeFi and use case infrastructure along with a seemingly endless supply of funds supporting it. If you don’t mind Binance and centralization, it’s hard to knock BSC.

Mkmanik

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Quote from: Shallow on September 25, 2021, 06:24:55 PM

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

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

If we can remember the potential of BSC network on the onset or the attention it gathered on the onset, then we can understand that same case scenario is likely to play out with Polygon. Let's go this way, BSC was the centre of attention because of low gas fee, in fact a lot of people said many things about ETH due to high gas fee, but gradually the BSC network gas fee is increasing and no one is saying anything again.
A lot of blockchain networks are now being developed of which many of them leverages the feature of low fee to stand and one of them is Polygon. Now the reason I believe Polygon will rival BSC is because, Polygon gas fee is very cheap and the transaction very fast, thus the Polygon network will bank on this for the time being to develop and grow, in addition the team are very serious with what they are working on hence keeping Polygon on a better chance of lasting and/or beating BSC.
Moreover today, many projects are already on the Polygon network while some are migrating from ETH and/or BSC to Polygon.

Nowadays BSC network transaction fees are also increasing because a lot of people using this blockchain. It's increasing because of Decentralized Exchange uses. The fees are increasing but still, it's low if you compare it with the Ethereum blockchain. However, Matic is a good solution right now. High transaction speed and low fees make it very popular. They have very strong community support and so far doing very well. A lot of projects migrating their project into a polygon. However, Still, I believe Eteherum is the queen in the crypto industry. After Bitcoin, Ethereum is the most used, safe, and secure blockchain. The fees are high, So people showing their interest for the other blockchain. But when the fees will be reduce everything will be fine

Shallow

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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?

If we can remember the potential of BSC network on the onset or the attention it gathered on the onset, then we can understand that same case scenario is likely to play out with Polygon. Let's go this way, BSC was the centre of attention because of low gas fee, in fact a lot of people said many things about ETH due to high gas fee, but gradually the BSC network gas fee is increasing and no one is saying anything again.
A lot of blockchain networks are now being developed of which many of them leverages the feature of low fee to stand and one of them is Polygon. Now the reason I believe Polygon will rival BSC is because, Polygon gas fee is very cheap and the transaction very fast, thus the Polygon network will bank on this for the time being to develop and grow, in addition the team are very serious with what they are working on hence keeping Polygon on a better chance of lasting and/or beating BSC.
Moreover today, many projects are already on the Polygon network while some are migrating from ETH and/or BSC to Polygon.

chaser15

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Quote from: ?? on ??

Currently the Polygon network is starting to be in demand by Crypto users because it is fast and efficient which has a very low gas transaction value, but this network is still less popular than Binance, because Binance is a smart contract that has a very high selling and the connectivity is very wide in crypto, so a lot of projects are being developed using the binance network,

Of course Binance is much popular lol. MATIC is a new term to others but in terms of scalability, it can also give users a good experience that we are experiencing in Binance Smart Chain too. Ethermon I think contributes to the awareness of the Polygon network although the game is not yet Play-To-Earn. We can include Polygon on our portfolio list. The price is cheap today and it's worth risking our money. When it pumped, there are lots of regrets again that they should buy that coin early.

Luqman

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Quote from: ?? on ??

I can't predict about Polygon network more popular than BSC because still less investor use Polygon network

You don't need to predict if you can't, OP only asked about the possibility of Polygon to compete (rival) with BSC in the future. Fundamentally, as long as Polygon has a good development, it has the chance to grow well and not impossible to be the rival. Sure, we don't know how Polygon popularity in the future. But considering the current progress, I am confident more people continues to support this network.

Quote from: ?? on ??

but if you want hold coin support with Polygon is worth during still new and have lower price.

I think Polygon (MATIC) isn't really new, it is already in the market for a few years. Yes, the price is still cheap, it is a good time to buy. To be honest, Matic is also one of the coins to keep a long time in my wallet. I believe this coin will be one of the most favorite coins in the next 2-3 years. Moreover, if developers prefer to move to Polygon chain (network).

Anonymous100

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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 and BSC use mainnet, of course, the concept is almost the same. However, BSC is more dominantly used because of its background the Binance, which was successful first compared to Polygon, which made its first move in the blockchain system. Is Polygon able to compete with BSC? I think this is not a difficult thing for Polygon to compete with BSC. The Polygon ranking is slowly getting better on the cmc list, this of course will affect crypto users to pay attention to Polygon.

tvplus006

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At the moment, the Polygon ecosystem is hundreds of times smaller than the one that developed at BSC. In addition, such a crypto giant as the Binance exchange is behind the BSC network, which inspires confidence in the users of this network. So at the moment there is no special competition between these networks, since the advantage of BSC is obvious.

Darktongue

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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?

We switched from ETH to BSC, only for transaction cost. Now we wanted to switch to Polygon. That's how the cryptocurrency future is changing. But I think we need different blockchain ( different from ETH) with low transaction cost. Because now Polygon is offering lower cost and in future a new one will. None of this blockchain future is good until we take the real taste of the Ethereum 2.0.

Galley

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We are already seeing increased competition between polygons and BSC. We can say that new projects stand at a crossroads between reliable and stable BSC and new, fast and inexpensive polygons. And the competition between them will be long, and most likely there will be no winner. Everyone chooses what he likes, and there are a lot of opinions, and they are very different.

pealr12

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Till now I have only use to eth and bsc network and their projects, I haven't had the opportunity to use polygon matic network to use it and make a verdict, but I heard it is fast with a low transaction fees, if this is the case then I think it can compete well with bsc in no time, once more project started building on the polygon network it will be a strong contender to bsc.

martina14

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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?

The polygon now has a high chance to become like BSC in the future. For now the charge for Polygon was very cheap in every transactions
that we are going to make. And as far as I know too that some of the NFT new project arise here in crypto world are using the platform of the polygon and one of this are loserchick, Simba if I am not mistaken and more. And this Matic/polygon is really good for the long term.

Nasuhalugu

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From the development of these two coins as far as I have followed, the famous Polygon MATIC has not been able to compete with the famous BNB with BSC. The use of BSC so far by various parties is very large compared to the MATIC network and the potential for BSC will still not be able to be rivaled by Polygon and will still exist for the next few years.

zulfi125

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BSC is strong than Polygon and Polygon will take more time to the rival BSC blockchain because the BSC chain is popular after Etheruem and Polygon blockchain is not more popular, this is in growing phase and may be a good blockchain in the future.

Topic: Polygon vs BSC - page 5. (Read 952 times)