Both is becoming slower thanks to its crowded and clogged network. But not at all times BEP20 is clogged and yes, it's cheaper than the ERC20.
We do get that a lot when it's already attached to our minds that if we're talking about ERC20, it's quite expensive and this is just for the fees and that's why we choose BEP20 or even BSC for these tokens.
Your choice, what you prefer is gonna save you some fees or even the fees aren't that down but you're happy to pay it.
It is better, of course, to use BEP-20 in terms of a minimal fee per transaction. However, for Layer 2 or Web 3.0 for erc-20, the transaction speed will be greater and fee less. Therefore, in the future, it is more expedient to use the latter option for a token.
That's one factor and it really depends on the project on what they're with and what they're focusing on.
Both is becoming slower thanks to its crowded and clogged network. But not at all times BEP20 is clogged and yes, it's cheaper than the ERC20.
We do get that a lot when it's already attached to our minds that if we're talking about ERC20, it's quite expensive and this is just for the fees and that's why we choose BEP20 or even BSC for these tokens.
Your choice, what you prefer is gonna save you some fees or even the fees aren't that down but you're happy to pay it.
I honestly hardly see BSC kind of clogged, the fee itself rarely increase in there, i guess it have to do with the fact that BSC is actually modifier version of the usual smart contract where it's focused in scaling alone, in which definitely gonna boost the capability of the blockchain itself in containing massive transactions, though nowadays rarely i see good project being deployed there.
meanwhile ethereum is like the pioneer of smart contract blockchain, their blockchain was initially didn't created for this massive scalability, the traffic in ethereum is just so many that there are layer 2 being created as a solution for ethereum which even right now also fails as well mainly because they still one or in another way depends on ethereum fee since they also need to submit their batches of transactions in ethereum blockchain.
They've solved the scalable and fee issue that has been visible with ERC20 and that's why they're able to do that. The choice would matter and differ from the perspective of the person that's talking with these options.
The perspective on an investor, I mean a daily investor who always do transactions and transfers to profit from these tokens is different from the dev's point of view.
