Topic: Polygon vs BSC - page 7. (Read 952 times)
Polygon is my choice. i think Binance smart chain is centralized and CZ is behind the dominance and control. although Binance has been a long term project and looks successful. i think polygon has a bright future. it is faster and very cheap. compared to bsc. in terms of adoption, more projects are adopting Binance because it is more popular than polygon and it offers more security and dominance than polygon. i prefer polygon becasue of its cheap transaction and in the future they plans to add more side chains to the platform.
How is Polygons potential in the future, can it rival with BSC?
I think polygon can rival with BSC. Till 2019 we can't think any project with BSC platform. Because ERC20 was the best platform in that time. Most of the project created their token by ERC20. After that when ETH transaction fee started increasing and people are being so fed up for transaction fees then most of the project started to choose BSC platform. Day by day i think that BSC transaction fee will also increasing and Polygon will get the position. In the present time polygon transaction fee is zero. How is Polygons potential in the future, can it rival with BSC?
Both coin had it's own potential.After Ethereum made some changes on fee for the transaction,the new technology was tried with bsc.The fees through the bsc was nearly ten times less than Ethereum.Nearly 60 percentage of transaction was made through the bsc.Even the usdt transaction was made through the BEP20 address and not through the trc20 address.Polygon had the good investors as like BNB and soon get good base in market.
I think BSC remains the best because BSC can achieve a block processing time of 3 seconds by using something called Proof of Staked Authority (PoSA), where participants stake BNB to become validators. Importantly, there is no subsidy for newly minted BNB as BNB is not inflationary and its supply decreases over time as Binance regularly "coins burn"
While Polygon currently only supports Ethereum bases, the network intends to expand support for additional bases, based on community suggestions and consensus. This will make Polygon an interoperable decentralized Layer 2 blockchain platform.
While Polygon currently only supports Ethereum bases, the network intends to expand support for additional bases, based on community suggestions and consensus. This will make Polygon an interoperable decentralized Layer 2 blockchain platform.
How is Polygons potential in the future, can it rival with BSC?
IMO, I believe both networks are very competitive, sophisticated, and sustainable due to their transaction speed and budget-friendly fees, but in terms of competition between the two networks I can say that BSC is ahead of Polygon in terms of popularity, but maybe soon Polygon can catch up with BSC all they need is make the Network more secure for deterrent against hacking.
How is Polygons potential in the future, can it rival with BSC?
From a market cap perspective, the answer is of course yes. Currently Polygon is at number 22 cmc, BNB is at number 4 CMC and if Polygon makes a new breakthrough, it will certainly boost their marketcap.In terms of price, of course it's impossible because their supply is very different
How is Polygons potential in the future, can it rival with BSC?
Rivaling BSC? maybe it could happen but I can't be 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. crypto market, it is evidenced by the many 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 be able to make them comfortable and confident that the project will provide huge profits, opportunities Polygon to compete with BSC will be increasingly clear, because without something that can make the perception of BSC enthusiasts sure to switch to using the Polygon Blockchain, it will be very difficult to become a competitor to BSC. 
How is Polygons potential in the future, can it rival with BSC?
They already know the flaws and problems in a certain network that needed to be fixed. Referring to the current networks we are using, they are adding building more useful integration in order for us to enjoy good scalability and cheap network fees.
Polygons can be rivals with BSC, just like what BSC did with ETH. More competition, more future plans to integrate and apply to their respective networks. More attempts to create another network.
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.
How is Polygons potential in the future,
The future is bright, more defi and nft platform come to the polygon. Some old projects are also thinking to do the same like the new projects migrated from ethereum to the polygon. can it rival with BSC?
It can. Even if polygon was a second layer solution like ethereum but it doesn't have a lot of differences compared with BSC. Smartcontract, NFT token, Defi platform, Launch pad, swap and many more. In my eyes oif polygon would become the best competitor for BSC rather than ethereum. These days people are looking for the scalable alternative chain to launch their defi and nft. This thing to make their users will be able to use their service use cheap fees. Remember any defi and nft transaction will be calling the contract in a few times. alternative solution for ethereum totally needed, BSC and polygon were the answer.
Highly possible but I still like BSC more but thats just personal choice must do potentially thesame thing like avax and solana or any l1 Is choice and also the potential and opportunities you find in chain of your chosen but I think maybe give both a look and decide. Most people still use ETH even with high gas fees
Right now, BSC is still leading over Polygon. We have seen more successful projects under BSC than Polygon at the moment. But maybe, give it a time and let us see how far can polygon reach out the community. Will there be a lot of successful projects that will emerge from polygon network? Can the team compete in terms of development?
Highly possible but I still like BSC more but thats just personal choice must do potentially thesame thing like avax and solana or any l1 Is choice and also the potential and opportunities you find in chain of your chosen but I think maybe give both a look and decide. Most people still use ETH even with high gas fees
How is Polygons potential in the future, can it rival with BSC?
Its already a rival of BSC and we heard a lot of good news with Polygon while BSC remains the same without big progress yet, but we can expect them to compete network by network since they both good and BSC wont let that things happen easily without a fight. The growing network options that we have is amazing, they are offering a better services and we deserve it. Its good that we have more options now. 
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.
How is Polygons potential in the future, can it rival with BSC?
Yes, it can rival BSC. Lots of things are now taking place to improve the network.
But the point here is, why rival? It's better to have lots of alternatives especially about working with cheaper fees. It's good that there are several chains looking for a solution compare during ETH days where people have no choice but to hug those high fees.
Let's see how Polygon can bring a good advantage to us.
How is Polygons potential in the future, can it rival with BSC?
Polygon has better scalability over BSC and it's also getting adopted by more and more defi and NFT related projects. Polygon can be a rival to the BSC as it has become a rival since the polygon smartcontract went live a few months ago. If you're watching both since Q1 of this year and you would be seen a fight between BSC and polygon although polygon was a new smartcontract platform at that time it shows very good growth just like BSC. the only thing that make it different if polygon didn't get support from the biggest exchange site in the world. I mean binance was also contributing a lot to the BSC ecosystem as it has hundreds of thousands of user bases. it can be instant marketing when binance was announcing its new service to be added to its ecosystem but i guess polygon was the most potent competitor against BSC. Polygon has very big potential like BSC. The time will tell us. TVL on polygon was also slowly growing too.
I have never used a polygon network, but I often use the BSC network, I think for now the BSC network is commonly used by all, low fees and fast transaction processing are an alternative choice to ETH. Polygon is a new project, they have to prove if their network is better than BSC or there is a unique advantage of polygon network from BSC to beat BSC and it takes a long time.
How is Polygons potential in the future, can it rival with BSC?
Any project can compete to BSC especially Polygon but there’s no assurance that Polygen will replace BSC on top, since we know the influence of Binance and BSC is also a good network, cheaper and a lot more faster compare to any network. Let’s just see, and let’s hope that this will be a healthy competition between the blockchain networks available in the market. 
How is Polygons potential in the future, can it rival with BSC?
They're both in different network, in fair perspective I think rivalry happened already and what I've observed some projects now started migrating to polygon network.
It came to my mind, that this would probably a strong competition between the two but BSC was already a stablished network. So it's a long struggle for polygon network before they could take over what bsc did to remain consistent with their service and many upcoming tokens will soon be launched with their platform.
How is Polygons potential in the future, can it rival with BSC?
of course that can happen, because gas fees from polygon are very cheap compared to BSC, it's just that for now BSC is still more popular than polygon, so there are still many new projects that use smart contract from BSC, therefore in my opinion the most important thing is how polygon can makes a new projects or investors comfortable to using blockchain from polygon, so it makes polygon can become more popular than BSC and made a lot of new projects start using smart contract from polygon instead of BSC.
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