referred token - page 5. | Bitcointalksearch.org

asriloni

legendary

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Here's my answer

I prefer BEP 20 and ERC 20 but not for PEPEWX.

Even though ERC 20 may charge you a lot of fees but it's far better rather than wasting all of our money to invest in the shitty scam coin that has been shilling by you like PEPEWX.

It sounds like that if PEPEWX was just a scam coin for the money grabber purpose. You will get nothing from shilling your thread. I meant people are very smart these days to identify legit and scam tokens.

What you have promoted was a shady token that used for scamming purpose only. Cool

mdzahed134

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If comparing both of networks, i think ERC-20 is very strong and mostly using network then BEP-20. But in the last few years erc-20 network fees is crazy and it’s not affordable specially for the small traders, so BEP-20 is my favorite considering low transaction fees. Now i preferred BEP-20 until ERC-20 will reduce their fees.

raidarksword

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I like both of them hence they are one of the invested project in the industry and both have renowned CEO in the industry. Though they have both pros and cons but they played a great part of the industry that has solid projects under their respective blockchain smart contracts.

jossiel

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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.

Abiky

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Quote from: btctalk-memeboss on June 09, 2023, 02:08:58 PM

So which one, is better in your overall opinion to work with and why
Erc has higher fees and its slower but still remains the favorite

ERC-20 tokens are better. They're programmable and flexible to work with on other chains using the same EVM. The higher fees are only because Ethereum is more crowded than Bitcoin itself. But upcoming network upgrades should solve this issue in the long run. I don't think BRC-20 tokens have a future, especially since Bitcoin is not designed for smart contracts. You can't just make a token with robust features on the BTC blockchain.

The hype on BRC-20 will be short-lived as people realize Bitcoin's true limitations relative to the Ethereum blockchain. With developers announcing their intentions to block Ordinals inscriptions, you can say goodbye to BRC-20 tokens for good. Just my opinion

yazher

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Quote from: FahriZah on June 09, 2023, 03:32:02 PM

Actually both network are good and very stronger but if we compare with transaction fees about coin transfer than Bep-20 is better than Erc-20 because ERC-20 need transfer fees so high and when we use Bep-20 Networks for transfer our token/coins than Bep-20 Fees very cheap / low. So my best options is Bep-20 selected network is always BETTER and faster transaction also very faster Bep-20.

Mostly both are preferred by investors but depends on which kinds of projects we are talking to because both have lots shit tokens that are circulating right that has no value and they were sent to your address randomly just to confuse you about scamming you your tokens that have some value. In this case I highly prefer ERC-20 because of their continues development but the only bad thing about it is the gas fees which is high when the network is congested.

nakamura12

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Both have good use and whatever decision you make depends on what crypto are you using either it's in bep20 or in erc20. Therr are crypto that are profitable in both network and I don't see any problem using either of it but if you are not sure what to choose or prefer to use then why not use both. If you ask me both have disadvantages and advantages so it will really depends on which one you prefer the most but in my case, I use both base on the advantages that I am looking for in both network.

JayTrain

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I used to always use the erc-20 network, but at one fine moment, namely, when the gas price increased all allowable norms, I switched to bep-20 to this day, so my choice is bep-20. But if the gas price is in erc-20 will be as low as bep-20, then of course I will use erc-20.

dimonstration

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Dimon69

Quote from: speeder on June 11, 2023, 11:16:53 AM

Both ERC20 and BEP20 networks are in demand. However, in terms of use, it has been seen that people are using the BEP20 network a little more than the erc20 network. Because BEP20 network cost is comparatively less than erc20 network. So everyone prefers BEP20 in usage. Although the two networks are almost the same, the two have different characteristics. In some cases BEP20 tokens are not valued as much. Transactions on the erc20 network also have lower costs at times. After that I would choose the BEP20 network for use

Ethereum is still the most use blockchain compared to BSC. There’s more liquidity on Ethereum that’s why project is still building on It despite the slow and high fee blockchain. BSC is really fast and cheap but there’s a lot of other blockchain too with same or better feature.

Blockchain is now fighting for liquidity instead of the TPS since there’s a bunch of existing blockchain available now in the market. Ethereum is still holds most of the liquidity while other blockchain including BSC shares on the remaining of Ethereum. In terms of profitability, Ethereum is still the best because of the liquidity available that usually pump the project tokens.

speeder

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Both ERC20 and BEP20 networks are in demand. However, in terms of use, it has been seen that people are using the BEP20 network a little more than the erc20 network. Because BEP20 network cost is comparatively less than erc20 network. So everyone prefers BEP20 in usage. Although the two networks are almost the same, the two have different characteristics. In some cases BEP20 tokens are not valued as much. Transactions on the erc20 network also have lower costs at times. After that I would choose the BEP20 network for use

noorman0

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Based on the length of its establishment, ERC20 has a better maturity level than BSC20. Increasing network fees has its own advantages in some cases such as measuring the seriousness of an ethereum network based project in targeting potential investors where ERC20 is currently only used by middle and high end users who do not consider high costs as not a major consideration.
In contrast, the low txfees offering allows low quality tokens to be widely deployed. While ethereum used to have the same thing, post network fee spikes have shifted the mainstream of amateur developers towards L2 based networks.

bussybuddy

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Quote from: shinratensei_ on June 10, 2023, 08:14:38 PM

BEP20 too overly populated with shit coins, nowadays rarely i see coin from this blockchain rising high, meanwhile ERC20 have the advantage of having maturing ecosystem and there are the pioneer of the smart contract.

I think like many have already said before, they both are just as good it's just that ethereum is the first default choice for any smart contract devs to deploy their platform smart contracts in.
maybe because they see having contract deployed etiher token or some dapps have easier time building and growing their capital in ethereum blockchain than bsc.
but the fact that meme coin that is in ethereum have usually higher market capitalisation than the other alternatives, kinda proves that fact to be true.

I agree with what you mentioned with each ecosystem, looking at them every ecosystem has its potential and limitations. And most of that is only seen more closely at the growth stage when every altcoin wants to compete for money, the limitations of one can be an opportunity for the other to grow and vice versa. With both the ERC20 and the BEP20, I find them to be among the top brands in the market so the choice here is a personal opinion on their usage behavior.

Husires

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Quote from: smile1218 on June 10, 2023, 04:20:14 AM

One major difference between the two is their underlying blockchain technology. The Binance Smart Chain is a newer blockchain network that was created by Binance, while Ethereum has been around since 2015 and is widely considered to be the first blockchain network to support smart contracts. The choice would depends on your specific needs and use.

The history of the creation of the blockchain does not change anything in the use of the blockchain.we have some blockchain since 2011 and no one knows them and its value is low. which is considered a criterion for the decentralization of the network and the number of miners or validators within the network. Ethereum has a large number of validators and increases according to the decentralization of the network while in BSC the number is fixed, which is 21 validators chooses by Binance which make it central.

shinratensei_

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BEP20 too overly populated with shit coins, nowadays rarely i see coin from this blockchain rising high, meanwhile ERC20 have the advantage of having maturing ecosystem and there are the pioneer of the smart contract.

I think like many have already said before, they both are just as good it's just that ethereum is the first default choice for any smart contract devs to deploy their platform smart contracts in.
maybe because they see having contract deployed etiher token or some dapps have easier time building and growing their capital in ethereum blockchain than bsc.
but the fact that meme coin that is in ethereum have usually higher market capitalisation than the other alternatives, kinda proves that fact to be true.

btctalk-memeboss

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Good stuff. Definitely some of all of the above mentioned stands as its all possible nowadays in the crypto environment.

MAAManda

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Quote from: btctalk-memeboss on June 09, 2023, 02:08:58 PM

So which one, is better in your overall opinion to work with and why
Erc has higher fees and its slower but still remains the favorite

Talking about personal opinion, of course I think BEP-20 tokens are better, that's because of some things that I like there such as lower fees, and also transaction speed. These 2 things mean a lot to me as a small investor who doesn't want to lose a lot of money just for fees.

About why the ERC-20 with its slow and expensive network is still a favorite, Of course because ERC-20 is more decentralized than BEP-20, I'm not saying that ERC-20 is a decentralized network because since they switched from PoW to PoS, they don't have full decentralization anymore. But yeah, they're still more decentralized than BEP-20 which only has around 29 Validators.

glendall

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both networks are good in my opinion, but back to the needs of which network supports and is cheaper at the moment looking for, usually traders with small capital prefer to use BSEP20 for shipping transactions, the cost is quite cheap compared to ERC20, but for investment I prefer ERC compared to BEP20

Doan9269

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Choosing which one is the best between erc20 token and brc20 token depends on the level of research you have conducted and how convinced you're about them, there's no guarantee in cryptocurrency because everyone tries his best and risk the remaining, but for now the two are still invoke and people are going for them because they are still having higher opportunities for investment profitability, but still yet, one need to conduct more research.

Gladitorcomeback

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Quote from: btctalk-memeboss on June 09, 2023, 02:08:58 PM

So which one, is better in your overall opinion to work with and why
Erc has higher fees and its slower but still remains the favorite

ERC20 tokens project are most successful than Bep-20 despite of high fee. Possible reason maybe sustainability, security and also that Ethereum is first Blockchain having great network than bsc chain. After successful launch if bsc network, most of big project Erc20 projects issues to their tokens on bsc chain also.

I found many scam and failed project in bsc chain due to easily creation of contract. ERC20 chains tokens are less then bsc but very less failed. The only issue with Ethereum chain is high gas fee and sometimes we have to pay more than 10$ for one transaction especially when we swap through uniswap or other dex.

Adbitco

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Quote from: $crypto$ on June 09, 2023, 04:03:23 PM

Quote from: Adbitco on June 09, 2023, 02:42:07 PM

Both are good to use but depending on what you wanna do with them, ERC20 is more secure and most times due to its gas fee people don't prefer using it rather launching their project on BSC. BEP20 (BSC) are not that secure unlike ERC20, you see lots of spam token in bsc with fake price and when you attempt to sell them you got phished and likely lose your asset the only benefits i know you got from bep20 is just reduction of gas fee. However, to me it was built as an alternatives to ERC20. I would like you to properly read this article here to understand their differences, i mean all you need to know about the both network it is self explanatory.

The two ecosystems are good but often the BSC network is always abused by people who are not responsible for the spam tokens they generate, often I also get tokens sent from nowhere, maybe because the low cost of the BSC network makes it easy for scammers to do the action is by sending tokens anywhere so that the wallet is dusted.

The ERC20 network is more flexible even though the network costs are expensive but there are many projects that stand well on their network so this network is stronger than BSC, seeing some of the tokens active on the ERC20 network are more promising than on the BSC network.

That is to say op while making investment he should also consider that aspect, bsc are too vulnerable for hacker, as a user you need to determine what you want and what you need as well. For start up project cost efficiency is what is being considered mostly maybe after the project has some base then it may calls for network bridging whereby users or holders would easily flex the both network without any interference and about 50 to 60 percent projects out their are on a reflex network operation ( interoperability between both networks, erc20, bsc and polygon).

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