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Topic: Tron network VS Binance Smart Chain - page 6. (Read 798 times)

jr. member
Activity: 222
Merit: 8
Bounty Campaign Manager
October 04, 2021, 03:06:47 AM
#41
If Tron developers create their exchange then it will be much easier to grow the TRC20 network and it will get a lot more stakeholders. I would love to see a CEX exchange from Tron because they already have JustSwap on the DEX side and I see it working well, if they can create a well-designed and secured CEX exchange similar to Binance, Gate, then they will go far.
Tron developers already had DEX and CEX. it doesn't give any impact on the growth of tron. Tron needs something different. TRON has poloniex but the performance of this exchange site was not so good like a few years ago when poloniex has become the leading exchange site in the crypto currency.

I see Poloniex as a very common exchange compared to big CEXs like Binance, Coinbase, Gate, KuCoin, Kraken, and so on. The competition is so huge at the moment, Tron should come up with something much better and with enough features! Personally, I think they should improve Poloniex or maybe they should create a brand new CEX with the best features and be user-friendly.
member
Activity: 181
Merit: 14
$CYBERCASH METAVERSE
October 04, 2021, 02:52:05 AM
#40
Tron smart contract is worst, I remember few projects abandoning Tron smart chain for ETH a year ago, it seems that Tron Dev doesn't obey the law of Decentralisation for developers that want to use their network, Tron maker tend to keep his nose into new projects that runs on Tron network, trying to get his hands on some quantities of the coins
jr. member
Activity: 222
Merit: 8
Bounty Campaign Manager
October 04, 2021, 02:51:06 AM
#39
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?
TRON chain was not so easy as BSC to be used to develop decentralized application, binance chain was also owned by the biggest exchange site in the cryptocurrency. This is also boosting the demand for binance chain instead of tron. TRON was lack of development to follow the trend. BSC was also compliant with ethereum and polygon. This makes BSC can attract users from Polygon and ethereum to did bridge for their assets.
I agree. Binance exchange has boosted the demand for the Binance Smart Chain network, and it's really easy for project owners to develop Dapps using BSC than the Tron network. Maybe Tron needs to be upgraded with some new features so that it can be useful as BSC and other chains.

Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
BSC is far better than TRON. The marketcap will not lie about the best one from both. BSC in the same level with ethereum and ADA.
Absolutely! I believe Tron developers will do something so they can increase their demand in the future.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
October 04, 2021, 02:31:11 AM
#38

I think Tron developer should establish or create their own platform in form of an exchange be it centralized or decentralized in a bid to promote Tron network to more users, it's very obvious the network is fast and cheap but hasn't got widespread popularity in cryptocurrencies.
Tron already acquired cex last year. Poloniex shares already bought by tron CEO ? Justin Sun. Poloniex is already owned by the tron developers.
Tron already developer its own dex called Justswap. The problem was not on the cex or dex but on the team and tron ceo itself.


If Tron developers create their exchange then it will be much easier to grow the TRC20 network and it will get a lot more stakeholders. I would love to see a CEX exchange from Tron because they already have JustSwap on the DEX side and I see it working well, if they can create a well-designed and secured CEX exchange similar to Binance, Gate, then they will go far.
Tron developers already had DEX and CEX. it doesn't give any impact on the growth of tron. Tron needs something different. TRON has poloniex but the performance of this exchange site was not so good like a few years ago when poloniex has become the leading exchange site in the crypto currency.
jr. member
Activity: 222
Merit: 8
Bounty Campaign Manager
October 04, 2021, 02:15:15 AM
#37
I think Tron developer should establish or create their own platform in form of an exchange be it centralized or decentralized in a bid to promote Tron network to more users, it's very obvious the network is fast and cheap but hasn't got widespread popularity in cryptocurrencies.

If Tron developers create their exchange then it will be much easier to grow the TRC20 network and it will get a lot more stakeholders. I would love to see a CEX exchange from Tron because they already have JustSwap on the DEX side and I see it working well, if they can create a well-designed and secured CEX exchange similar to Binance, Gate, then they will go far.
jr. member
Activity: 840
Merit: 6
October 04, 2021, 01:52:31 AM
#36
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?

Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
Frankly I give the edge tech wise to TRON but that doesn't matter because they never implemented a cross chain bridge like BSC and Polygon. This means that their ecosystem is stunted and will not grow at the same rate as other chains with interoperability. I think NEAR protocol and the exchange token REF are better investments that offer better tech than BSC and TRON but if you must choose one of the two options suggested, I would have to say BSC is your best bet. It pains me to say it but TRON dropped the ball.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
October 04, 2021, 01:28:39 AM
#35
Binance Smart Chain network will always have an edge over Tron network despite the fact that both are cheaper however the former is backed up by a reputable and trusted exchange which guarantee a continuous usage of the network by many users, while the latter hasn't any back up, I think Tron developer should establish or create their own platform in form of an exchange be it centralized or decentralized in a bid to promote Tron network to more users, it's very obvious the network is fast and cheap but hasn't got widespread popularity in cryptocurrencies.
member
Activity: 518
Merit: 45
October 04, 2021, 12:04:43 AM
#34
The difference is simple, the binance smart chain has more users than the Tron network, but apart from the volume on BSc trading volume Tron still has more user-friendly features and fast processing of transactions mechanisms compared to the binance chain.
full member
Activity: 1750
Merit: 186
October 03, 2021, 11:12:19 PM
#33
Any reason why coinbase/gemini can't have usdt/usdc with those networks?  They only have it with ETH network
full member
Activity: 686
Merit: 103
www.fintropy.io
October 03, 2021, 10:35:34 PM
#32
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?


I think that the main reason why BSC is more popular than Tron is that BSC is more compatible to Ethereum as it also can be run on Metamak and the address is the same 0x, while Tron uses other wallets and addresses start with T. If we compare transaction fees, they are almost on the same level, so it is exactly not a reason why developers prefer launching their projects on BSC instead of Tron.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
October 03, 2021, 09:46:21 PM
#31
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?
TRON chain was not so easy as BSC to be used to develop decentralized application, binance chain was also owned by the biggest exchange site in the cryptocurrency. This is also boosting the demand for binance chain instead of tron. TRON was lack of development to follow the trend. BSC was also compliant with ethereum and polygon. This makes BSC can attract users from Polygon and ethereum to did bridge for their assets.


Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
BSC is far better than TRON. The marketcap will not lie about the best one from both. BSC in the same level with ethereum and ADA.
full member
Activity: 1050
Merit: 104
October 03, 2021, 09:03:44 PM
#30
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?

Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
Tron as a premium access payment tool is increasingly being used in the future. Why? Because many people are willing to pay to access premium content. Starting from hundreds of silver per coin in early 2021.
The Binance Smart Chain (BSC) is perhaps best described as a blockchain that runs in parallel with the Binance Chain. BSC offers smart contract functionality and compatibility with Ethereum Virtual Machine (EVM). The design goal is to keep the high throughput of Binance Chain as it is, while introducing smart contracts into its ecosystem.
jr. member
Activity: 222
Merit: 8
Bounty Campaign Manager
October 03, 2021, 07:44:26 PM
#29
Tron has a cheaper and quicker network but they don't have much popular defis and dapps while on the other hand, BSC dominates in the number and volume held on defis, farms, pools and also in dapp gaming. Polygon has came up as a competitor to Binance chain but they have a clear domination. I don't know what's stopping people to create similar defis and dapps on tron ecosystem. The underlying programming for tron which in a way is different than Ethereum might be one of the reason as most developer are familiar with Ethereum dapps and its compatible to Binance chain.

I really can not say one is best over the other since despite their similarity as network they still have little differences, perhaps one has cheaper transaction fees than the other, in my own case, I haven't done any serious transaction with the tron network maybe one or two, but bsc on the other hand there are many projects develop on the network like you already said, so bsc I would say has the upper hand in terms of more usage than tron network (this is base on my observation there is no statistical data attached to it)

Can dapps, defi, NFT works on Tron ? Even if they can Tron is just less popular in the eye of developers, Tron has the cheapest and fastest network but lack of popularity makes it less attractive to developers, BSC and Polygon network wins over Tron hands down.

I can't prioritize one of the two networks. It's about which network is currently launching the most projects? Tron or BSC? when it comes to low cost levels and speed time then both are equally fast and you don't end up wasting a bottle of beer.

As for if you really want to know the speed level comparison is only there when the way are you talking about sending between private wallets or sending from one exchange to another?

We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?

Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?

Tron and BSC are currently two blockchain networks with low transaction fees, and the block confirmation speed is also very fast. Although the Tron smart contract network was developed earlier than the BSC, the adoption of the BSC network was superior to that of Tron. This is because most of the projects launched on the BSC network have been successful. Perhaps investors see the value and advantages of successful BNB in crypto investing. Tron is in decline at the moment, even from the best rankings continue to slide down. But we know that the price of Tron will rise, and the value of Tron will also increase in the future. Whale has not attempted to pump Tron coins.

Technically, both are excellent, with low transaction fees and the fastest transaction times, but BSC is my preferred blockchain. The reason for this is that most successful projects, particularly NFT games, are currently in BSC. I haven't done any transactions in Tron, but I believe it's evident that it's less popular than BSC, which is why few projects just use the Tron Network, thus BSC is the superiority if you ask me because it's the one I use.

I don't have a problem with other blockchains because I'm happy with the one I'm using right now.

Tron network and Binance Smart Chain has faster transaction network. Both transaction gas fee are very low.I think, Binance smart chain is a lot of hype.Most people like BSC transaction network.I personally use in BSC network. But thoose Network transaction fee too much cheaper.

I have read all these comments slowly and found something;

  • Tron and BSC networks are both acceptable and reliable
  • Tron network leads in lower fees compared to BSC
  • Both Tron and BSC network has quick transactions
  • BSC has more features than Tron
  • BSC has more Dapps than Tron
  • BSC has more successful projects than Tron
  • Many people trust BSC more because of Binance exchange and BNB coin
  • Many people still trust Tron because of USDT-TRC20 and TRX

So here we can say there is a ratio of maybe 70% to 30% against Tron network and BSC network. All in all, they are all good and reliable networks. They all have their pros and cons, personally, I use them all! Thank you all for your feedback.
jr. member
Activity: 222
Merit: 8
Bounty Campaign Manager
October 03, 2021, 07:20:20 PM
#28
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?
The basic reason why majority of the projects are using BSC network is simply because of the ease of deploying them and the liquidity they can get if they list them in PancakeSwap. I am yet to trade in a Tron specific DeX and hence i cannot comment on that.

Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
For USDT i usually use the Tron network as the transaction charges are really low while the rest of the networks have a much higher transaction charges. Everyone who transact wants to give the smallest fees possible and whichever network provides them, i will choose them.

Sure! I think it's very easy to list a token on Pancake Swap and get liquidity from BSC stakeholders that's why we see new projects almost every day.

I do the same, most of the time I use USDT-TRC20 to keep my money because Tron has the cheaper fees, and the giant exchange "Gate" does not take anything from you when you withdraw USDT-TRC20, I mean 0 transaction fees but you must pay when withdraw USDT in BEP20 or ERC20.
legendary
Activity: 2282
Merit: 1023
October 03, 2021, 07:03:05 PM
#27
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?
The basic reason why majority of the projects are using BSC network is simply because of the ease of deploying them and the liquidity they can get if they list them in PancakeSwap. I am yet to trade in a Tron specific DeX and hence i cannot comment on that.

Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
For USDT i usually use the Tron network as the transaction charges are really low while the rest of the networks have a much higher transaction charges. Everyone who transact wants to give the smallest fees possible and whichever network provides them, i will choose them.
jr. member
Activity: 222
Merit: 8
Bounty Campaign Manager
October 03, 2021, 06:56:12 PM
#26
Can dapps, defi, NFT works on Tron ? Even if they can Tron is just less popular in the eye of developers, Tron has the cheapest and fastest network but lack of popularity makes it less attractive to developers, BSC and Polygon network wins over Tron hands down.

BSC would always stand in top of those you've mentioned because it's backed by the great platform (Binance) which brought more traffic by its large popularity. The same apply for Polygon and other networks who compete with BSC.
Note that BSC has significant use-cases than other networks and even Ethereum network seems to be lacked a lot of development stuff to compete with it.

The result of such comparison becomes trivial, as the BSC made giant steps in a too short period of time.  

Probably its because BSC with Binance names more popular than Tron itself, also the address model of BEP20 is similar to ERC20 which is make the adoption from Ethereum to BSC is smoother than TRC20 on TRX network.

Bsc is more popular because the BNB token and the market they have have a very large trading volume while Tron is not popular enough and if we look at the transaction speed of the two tokens they have a fairly fast transaction speed but in terms of transaction fees it is clear Tron provides a very cheap fee but if Tron develops Dapps and trading platforms such as Defi and NFT there may be several new projects that will enter the Tron network and in my opinion Tron is much better than BSC with the same composition.

Very strong points! I think apart from everything we talked about, but the value of Binance is what has given BSC so much power and made it so high because Binance is trusted by so many people in the world. It is very difficult for the Tron network to achieve the value that BSC has achieved because of the Binance exchange and Binance coin (BNB)!
jr. member
Activity: 222
Merit: 8
Bounty Campaign Manager
October 03, 2021, 06:50:31 PM
#25
BSC has been more hyped, has way more pegged tokens and after all has so many features, bridges etc that they won the war against all other smartchains. I personally have a much smoother experience with BSC, especially since I can use it with Pancake Swap easily. A better experience overall imo.
When you mentioned Pancake Swap, it reminded me that I like using BSC more than Tron  Grin Absolutely, I think many projects choose BSC because it has many features for both project owners and investors, also it's very simple to use especially when you use it with exchanges like Pancake Swap and so on. I really like Tron because it has cheaper and quick transactions but I think they need to add some new features so that it can be on top as well.
full member
Activity: 644
Merit: 105
October 03, 2021, 06:19:09 PM
#24
Probably its because BSC with Binance names more popular than Tron itself, also the address model of BEP20 is similar to ERC20 which is make the adoption from Ethereum to BSC is smoother than TRC20 on TRX network.
full member
Activity: 539
Merit: 100
BIB Exchange
October 03, 2021, 05:40:03 PM
#23
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?

Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
Certainly BSC dominates in number and volume held on defis, farm, pool and also in dapp game. Polygon has become a competitor to the Binance chain they have clear dominance. And BSC is a network of the largest exchange in the world, what do you think about strong growth in the future. binance exchange they will burn BSC quarterly the scarcity will start and of course they will take the BNB coin to the highest value in the next few years.
sr. member
Activity: 1680
Merit: 263
October 03, 2021, 05:26:28 PM
#22
Bsc is more popular because the BNB token and the market they have have a very large trading volume while Tron is not popular enough and if we look at the transaction speed of the two tokens they have a fairly fast transaction speed but in terms of transaction fees it is clear Tron provides a very cheap fee but if Tron develops Dapps and trading platforms such as Defi and NFT there may be several new projects that will enter the Tron network and in my opinion Tron is much better than BSC with the same composition.
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