Bitcoin Forum

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.




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.

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.

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.

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.

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

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.   

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.

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 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.

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.

Polygon has the ability and capability to beat Binance Smart Chain in the future. But the issue is that Binance Smart Chain has a strong team and backed by CZ's billions it can swing a lot in its favor

Hard to say,
BSC has a centralized exchange and strong traffic support, so it is difficult for ordinary platforms to compete with it, but it is hard to say in the future.BSC is not completely decentralized. It does not match the future development.

Polygon can be a competitor for BSC but needs more time since it is a new project and needs to reach its plan one by one. Time will tell if Polygon can be bigger in the future and that will depend on how hard the team can work for the project. I see Polygon have a chance to grow in the future but it will not be easy to compete with BSC as they get support from Binance. It will need more to lift the price or position at the market to see how Polygon will survive at the market.

I also believe that Polygon is potential to compete Binance but we know everything should have enough courage to finance the wide and big plans to compete in Binance. Polygon is potential but need more achievements to on day become like Binance. Maybe we can see it someday if Polygon will become on the top 5.

Yes, I think the time is coming when Eth upgrades sharding, it is time to prove the direction and activism of Polygon will confirm its position or not.  But with ZKrollup it seems like a good direction to move the polygon to avoid dependence on Eth.  On the other hand, Polygon is still the top coin with a layer 2 scale dependent on ETH at the very beginning.  But BSC is also heavily dependent on price of BNB.  While Binance has become increasingly unfriendly towards the crypto space, having refused to grant futures contract rights to Australia, it appears they have serious problems to deal with.  Both have their own problems at this point.  But I think BSC still has the potential to grow bigger because it's still layer 1

They can both co-exist. There are many projects who build on both blockchains and they also share some of their user base. Binance Smart Chain is a little bit older and has more financial backing so it has a bigger ecosystem currently. Polygon is not far behind though because they are relying a lot on Ethereum's network effects to gain attention. Many of ETH's top dapps are available on Polygon.

Polygon is very potential for the future there is no doubt, also BSC is very potential. why you are comparing both of them?
Both of them solving huge problems now. Most of the time I like to use the BSC network and polygon network because of the fees. The fees are very low and transaction speed is very fast. If you want to hold polygon, Then just go for it and come back after a few years. You will be rewarded, Also don't forget to buy a few BNB. I am a fan of both of projects and trying to accumulate both coins as a long-term investment.

Are you guys not tired of talking about fast confirmations when all of these fast block speeds just means less security? 1 block confirmation for Bitcoin means many more blocks confirmation for other chains,,, or does BSC chain also only take 1 confirmation to mean something final?

Also, you do not call a coin deflationary simply because it regularly burns coins. BNB was never mined, just all premined. Remember that :)

Personally I consider both of these networks to be very efficient and convenient. There are small transaction fees on both of these nets, so I use both of them.  Actually, I think that Polygon is quite promising, moreover it is active in terms of NFT. There are many NFT-platforms on it, so while hype of NFTs continues, Polygon will be also very popular. Trading volume on Polygon sometimes even overtake Ethereum’s and Binance Smart Chain’s.

there is a potential in polygon because like bsc its also solves crypto world problems such as high fees in the transactions but for me i think that bsc is more user friendly because its easy to setup in any supported wallet and there are wallets that are already configured with the bsc network and is ready to use with bsc .
 polygon may require additional steps to convert your coins on to its network . oh well i guess thats because bsc is older than ploygon .

Many projects that are created on top of ETH are using Polygon to overcome the huge transaction fees in ETH and it is not a direct rival to BSC as Polygon is a second layer solution. There is too much competition in the market right now with the increase in fees for ETH and BSC is taking this opportunity to expand their network.

As long as there is a big delay in sorting the transaction fees of ETH, projects like Polygon will have their importance and so does other network.

I think for now Bsc is still superior to polygons.  But not always the advantage of Bsc can last.  Considering a lot of scam coins that use the bsc network.  Polygons are still a new network. Judging from its development, there is a possibility that polygons will develop and become popular in the future.

I think both are dealing very well, but the problem is in the market. And both Matic and BNB have given a lot of return on their investment before, but in reality BNB is still slightly better than Matic because their ecosystem is showing superiority.

In terms of competition between POLYGON vs BSC.
 I think BSC is more dominant, bro.  This is because BSC has a very wide community and popularity in today's crypto market.
 In fact, we can see so many big projects that use the platform from BSC.
 So I believe that polygons can't pass through bsc yet.

why not ?

I quite like and use Matic because of the cost as well as the fast transaction speed and that is also on BSC. Of course the diversity of the market gives us great options and the potential that Matic is showing is really impressive given that it is also one of the leading platforms of the crypto market.

Polygon and BSC I think are both good. but maybe its adoption in some bigger projects and exchanges BSC.
looks like the development of Polygon and BSC will be better than the planning of the Cardano blockchain.

Polygon and BSC both networks are proven a good blockchain. Most of the people already started to use it and they find it good. I also used both of them and I am very happy with both of them. Low transaction fees and high transaction speed attracted most people. Both of the projects have very strong developer team and fundamentally both of project is very strong. Cardano is a very old and strong project also. Now there is a hype ongoing and the price also pumped a lot. Hope the Cardano blockchain also does good for the crypto industries.

I can't compare Polygon and BSC, they have the same ecosystem to continue to develop, but what I do know is that BSC is the top caste, which until now still has much better development than Polygon, but in terms of price it's still too early to compare. , but we take a look at every where my project is running successfully, whether the Polygon network or the BSC.

On the other hand, there are still many ecosystems like this that continue to show extraordinary development, so in the future more will be developed regarding their respective goals.

In my opinion polygon and binance are the best networks at the moment, because they have low transaction values ​​and are very fast, although Polygon is a new network but it can be a solution to the high cost of ETH gas so far, but for now the popularity of binance is still superior to polygon because  has a very broad smart contract, but if Polygon can maintain its consistency, it is not impossible that Polygon can match Binance's achievements.

Polygon has the lowest transaction fees. That's a huge advantage in DEFIs and DAPPs. BSC transaction are nearing $1 while Polygon transaction are around 1 cents.
BSC on the other hand has a support of largest centralized exchange and it has many popular and high volume projects like Pancakeswap. Though polygon is rising quicker, there are no prominent and large volume defis for Polygon like Pancakeswap. But with similar working, it's likely to get some good projects sooner. I believe the lower fees of Polygon is going to make it better than BSC chain.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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).

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.

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

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.

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.

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.

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.

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.

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.

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.

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)

This will change when there are more transactions. Matic is a promising project, but it is not easy to catch up with BSC. Without DEFI and NFT any blockchain is now empty.

Whether or not Polygon can compete with the Binance Smart Chain (BSC) lies on their own. How they developed the Matic network so that many people are interested in using it like Binance is today with its BSC. Usability-wise, we have to admit that both are currently good.

For now, it may be true that Polygon is not ready to compete with BSC due to several advantages that BSC has. But maybe one day Polygon can go hand in hand with BSC. If currently there are 700 projects as you mentioned in BSC and 150 projects in Polygon, what if one day the number can be the same as 700:700?  ;D

Thanks for the advice. There is a typo in the Binance Smart Contract that I wrote should be Binance Smart Chain and I have edited it.

The difference between BNB and BSC is indeed separate. But I immediately said that because I think a lot of people know that BSC comes from BNB and that's true even though in reality BSC is a network and BNB is a coin.

Polygons have a good opportunity next year, polygons have many advantages, both transaction costs and shorter timeframes compared to BSC, but to be able to compete with BSC is not easy, many changes must be made, not only on transaction advantages or timeframes , but must be able to perfect other things related to the value of buying and selling, but in the crypto world anything can happen, as long as the pattern they do will benefit everyone who joins in it, but for this year in my opinion Polygons has not been able to compete with BSC as a whole.

Regarding the future I can't speculate because the future for me is hope that can't be sure. During this time Polygon and Binance Smart Chain or BSC are equally good in terms of the network and for me both becomes an alternative to many people when the Ethereum has a big gas cost problem when the transaction. I see all this time BSC is still very good from Polygon because it is very much using BSC in every project in crypto.

While Binance Smart Chain (BSC) is facing congestion issues. Polygon re-emerged with low transaction fees and fast transaction processing speed. This caused the two networks to clash. Both Binance Smart Chain and Polygon have significant advantages over Ethereum in terms of price and speed. While Binance Smart Chain is focused on creating its own thriving and diverse ecosystem, Polygon presents itself as an exit valve for Ethereum itself. Polygon is currently still a small part of the larger Ethereum network, if more projects move to Polygon it could conceivably reach as far as Ethereum itself. Polygon gives Binance Smart Chain plenty of reasons to consider its role and create further separation, but BSC is now able to attract more users. With no indication that Ethereum will fix its scaling problems on its own in the near future, users can expect both Binance Smart Chain and Polygon to thrive.

We can see that all the current ones are coming from the Binans smart chain platform. Binance Smart Chain Platform The platform has become very popular in a few days.Currently the Polygon Matic Network platform is moving. Now we can see that some of the projects are in the Polygon Matic Network. The transaction fee is very low here. The Polygon network platform will move forward much faster.However, in terms of popularity, Binance is ahead of the smart chain platform.

While there are some that could be considered better in blockchain technology level, the fact that there are higher ones with lower blockchain is the proof that people do not care only about the blockchain use of it, but they also care about the adoption and the general use as well.

For example, I always say that bitcoins blockchain is one of the worst ones we have, there is really nothing that you can do on it and it is a slow congested boring blockchain, we have blockchains much much better than that, but we are still seeing bitcoin at the top rank, why? Because it is the most used and most traded one, which shows that people do not care about blockchain alone. This doesn't mean that people do not care about blockchain at all, of course the better the blockchain of a coin is, the better chances it has to be great in the rankings as well, it just doesn't mean automatically better that is all.

Your point is valid polygon is a new smart contract platform at time it shows very good growth, the only thing that make it different polygon didn't get support from any platform like BSC. Now we can talk why they are rivals, It's because now we have many chains looking for solutions compare to Ethereum era when peoples have no choice.

Polygon is able to create many projects that have many interesting things in them, so they are able to attract investors to enter alone be able to make them comfortable and confident that the project will provide huge profits.

I can't predict but i saw there are several things that shows Matic can competition with BSC.

I have used polygon network several times. The transaction was almost instant and fee was very low. On the other hand BSC is costing almost 0.6$-1$ sometimes.
BSC has some good number of dex but Matic don't have like this. May be it's need some time to implant some dex like pancake.

Both are in different network, in fairness point of view, I think the competition has happened and what I observed some projects are now starting to move to the polygon network. So that's it. a long struggle for the polygon network before they could take over what bsc did to stay consistent with their service.
If you are watching both since Q1 of this year and you will see a war between BSC and polygon even though polygon was a new smart contract platform at the time, it showed very good growth just like BSC And of course, in the future, I think BSC and polygon (MATIC) networks will compete quite fiercely in many aspects in the market.

Right now there are many projects that are being launched with Polygon, they are also doing many beta tests, which is a very good method to test projects and platforms, in fact not only are there other networks such as Ropsten, Mumbai, among others. For now Binance Smart Chain is being the leader, the ETH network is good but the fee is incredible, because they are very high, the Polygon network is not yet at the level of BSC, I think it still needs a lot of development and not really I could say which one will be better in about 5-10 years, it is very difficult to predict something like that.

At present, mature public chains only have ETH and BSC. As the first public chain with applications, ETH has huge user resources. Behind BSC are Binance's funding and operations team, as well as Chinese people who want to participate in cryptocurrency. From this point of view, polygon has no significant advantages in the face of both. It has neither a huge user base nor sufficient funds. At the same time, it also faces competition from SOL and FTM. It is very difficult for Polygon to surpass BSC, but it is almost impossible to surpass ETH.

Unless his team has innovations that change the world.

Matic has a few key areas where it beats out BSC.

It's faster: Actually, it's MUCH faster than BSC. If you use both side by side, you'd understand it. Matic is a few seconds faster than BSC, which is saying a lot considering how fast BSC is.
It's cheaper: it's much cheaper to use Matic than to use BSC. Matic fees are almost non existent, whereas you can *kind of* still see them on BSC. Actually, Matic fees are so low that they stop being a deciding factor in transactions, which is saying quite a lot.
Fully decentralised: Matic also keeps the complete decentralisation of the Ethereum blockchain. There's no rolling back chains or reversing transactions. It's completely decentralised.
 
How is BSC better than Matic?

Regardless of the fact that it's completely centralised, the Binance ecosystem has a robust and extremely skilled team that can handle issues as fast as possible. This will be very important if any issues come in down the line.
That's apparently the only thing I can see that BSC beats Matic at.

The lack of features possessed by polygon networks must be added or improved in the future, so that the use of polygon networks will attract more people's interest, if polygons want to compete with BSC, but if they don't make these improvements, most likely polygons will not be able to compete with BSC, considering BSC now has slightly more advanced features than Polygon, this improvement is what pushes polygons to compete in general with BSC.

Cryptocurrencies have truly made a breakthrough in 2021. Polygon is one of the many currencies that has shown significant improvement. Polygons have grown tremendously in recent years. This has a positive impact on price predictions for this crypto. In addition, Polygon is also expanding their partnerships and investments. Overall, these developments ensure that experts have positive expectations for Polygon in 2021, 2022 and beyond.

how about bsc?
i think bsc will be better than polygon, why? because they have a strong team and are present when ethereum has very large gas fees. What I'm amazed at is that Binance Chain is built so that users can trade quickly. However, this focus makes BC inflexible like other blockchains, in that it can be used to build several programs on it using smart contract technology. of all my words. I believe for both will definitely have a high price like ethereum. I really believe that.

Polygon's opportunity to compete with BSC will become clearer, because without something that can make the perception of BSC enthusiasts confident to switch to using the Polygon Blockchain, it will be very difficult to become a competitor to BSC.
Maybe it can happen but I'm not 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. The crypto market is proven by the number of 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 make them comfortable and confident that the project will provide huge profits.

The market is always unpredictable, what BSC is achieving today is certainly never expected 3 years ago, with full support from the exchange it is certainly difficult to compete with BSC, from the other side for example cost and speed many experts say Polygon is better, I hope there is surprise from Polygon so they can beat BSC.

in the current crypto market, those who network will provide at a lower fees in their network people will go use it.

bsc fee is gradually increasing, because it's transaction record in a day almost same with eth network.

still most cheap network fee provided in polygon, so projects migrating in there.

polygon almost heavy rival for bsc.

BSC has long occupied the top crypto market even most of the project developers nowadays are using the Binance blockchain due to its relatively low fees and Polygon also has a blockchain which is almost the same as BSC in all respects including low fees. for me personally, BSC and Pollygon are very worthy coins for future investment.

I Think that can happen. BSC gas fee always low than others transaction network gas fee.Many cryptocurrency break Through this year.I think Polygon will be more development in future.Now Polygon and BSC not rival but it can happen in future.ETH network transaction gas fee high right now,I think it will be solve this problem. Right now BSC gas fee too low.

BSC is one of the most popular and mature network now. But polygon network is a relatively new network. The transaction fee of both the networks is much less. However, in order to compete with BSC, Polygon Network has to be developed a lot. But what if the transaction fee of Ethereum network goes down like BSC or Polygon network?

Because of the various conveniences that exist on the Binance Smart Chain such as the creation of new tokens and the ease of doing swaps as you described, this is what makes BSC more attractive to project developers and I feel that way. Polygon networks also have convenience. That's why I say currently BSC and Polygon are both good.

Project collaboration with Binance is much higher than with Polygon, this makes the Binance blockchain much superior to Polygon. Apart from that the Binance exchange which is currently ranked 1st exchange will also increase its influence on the BSC. I think it's a bit difficult to compete with Binance in terms of adoption. However, in terms of transaction fees or gas, the Polygon network is much cheaper than BSC, so this is also a consideration for project developers.

especially for now tokens that are in polygons, I don't think it can be used as material for investment, in contrast to BSC, which there are still some, maybe even BSC tokens, which are quite good.
so it's very natural when talking about adoption of course polygons are still lagging behind.
For gas, I think the difference is only a little, it doesn't need to be exaggerated and indeed until now it is indeed the most friendly on gas but this may only be a bait because considering that BSC gas was also very cheap at first and was often debated by BSC and ETH lovers, and Here, too, there will be some comparisons for that, but even so, BSC will definitely win in all respects, whether it's adoption or coin development, it's still much different.

Yup, and the fact that both are very good now that the problems from ERC20 have not been solved the layer2 solutions are really great that both matic and bnb are doing.
The great potential of Matic is undisputed when it has received so many positive reviews and that is the reason why the project has the current attraction, what we need to do is sit back and see what they do upcoming show.

Polygon has been developing very quickly lately and many cryptocurrencies are releasing their tokens on Polygon blockchain, but so far I see that BSC is gaining immense popularity and so far more cryptocurrency companies are issuing their tokens on BSC than on Polygon, but since Polygon blockchain is becoming more and more popular, it is possible that in future Polygon blockchain will be able to catch up with BSC, but of course it will take some time, and in general, maybe another blockchain may appear that will be much more popular than Polygon and BSC, so let's not think ahead, we will just wait and will watch how BSC and Polygon are developing.

Polygon doesn't have as many conveniences as Binance Smart Chain already has, because at the Swap token stage using the Polygon network it still requires conversion through another network as I've seen in Citizen Finance tokens where the token runs on two networks, namely BSC and Polygon, but if someone wants to swap, then he has to do it over the BSC network, even though the token also runs on Polygon.

Both are good and working on the LAYER 2 the Polygon is still in its early stage the best point about the matic transaction fees is really low as compared to BSC but the biggest draw back of polygon is there is no proper Dex to use like in BSC it is pancakeswap and many other it means their is variety of option but in case of polygon it is only anyswap and their is no to much option to swap the token

Polygons are a great project. But if asked, will it be able to compete with BSC? I don't think so, because BSC was built by Binance, and Binance is the number 1 Exchange in the world today which is also a very strong influence on the price of BSC with strong Binance branding

everything new can't be used as a reference, because it can't prove what it does and the benefits that are at least useful for all who use it. but of course we appreciate the presence of polygons of course there will be many platforms that can be used and of course very competitive. once again it still takes time for polygons to be able to prove and be useful and be able to provide new alternatives.

Currently, ERC20 has begun to be reduced by many new project makers and changed to BSC where of course we also know that BSC takes time to be trusted. it just so happens that the existence of BSC is very right at the moment where ERC20 is experiencing high costs, they can come at a low cost even though there are other platforms too, but BSC is more widely used.

we are waiting for further developments with the existence of polygons, of course everything will certainly go through stages that cannot be trusted quickly. hopefully it can be another alternative that is very much awaited.

The typical cost of a transaction on Binance Smart Chain is a few cents. Compare this with a transaction on ploygon which While the cost of transacting on Binance Smart Chain is low, the cost on Polygon is lower still, just a fraction of a cent.

Speed of Transaction times on Polygon are near instantaneous.
and Speed of Transaction times on BSC are instantaneous.

What I do know is that Polygon is currently cheaper than Binance Smart Chain (BSC). But in my opinion, BSC is still superior to Polygon. Potential for the future, I think BSC is difficult for Polygon to compete even though at the moment both are equally good and equally a solution when many people complain about Ethereum's high transaction fees.

Polygon is a highly potential blockchain. In this network, transaction fee is very low. So many project now using this blockchain. Its denand is increasing day by day. Still now it is not rival with BSC. But with times it may superior than BSC.

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, It's a multichain network. Nowadays people showing a lot of interest in this project because of low transaction fees and very fast speed. BSC network is doing very well. Nowadays I am using both of the networks for my regular use. Instead of Ethereum BSC and polygon are the best choise. I am not going to compare BSC with polygon networks. both are doing very well at this moment, both are solving a huge problem in this crypto industry. Personally, I am holding Polygon for now. It's very undervalued to me and the current development stage brings interest to me to buy polygon.

Last night I found a great update from the official Twitter page of Polygon network: Switzerland national postal service to debut crypto stamp on Polygon (https://cointelegraph.com/news/switzerland-national-postal-service-to-debut-crypto-stamp?__cf_chl_captcha_tk__=pmd_sUkAUi2LTiEZaVq726AkHPQJ9piuOZT018p_Ib2uJfs-1633158849-0-gqNtZGzNAvujcnBszQh9)

Another good news is Polygon eclipsed ETH in daily active users for the first time(Source (https://twitter.com/MihailoBjelic/status/1443041767725674499))
Polygon 351k Daily active user
Etehreum 326k Daily active user
Both articles bring a lot of new investors for Polygon that I believe.

Both are very good networks and have great potential for growth in the future. Currently, in my opinion, BSC is being used by more people than Polygon, many projects have been successful with the BSC network. However, Polygon has the advantage with very cheap gas fees. In the future, I think it can be comparable to BSC, there are also many projects starting with Polygon.

Of course, because polygon's gas fees are far lower than BSC's, this may happen; it's only that BSC is still more popular than polygon at the moment, thus many new projects are still using BSC smart contracts. The Proof-of-Stake (PoS) consensus process is used by Polygon, while Proof-of-Stake-Authority (PoSA) is used by BSC. Validators are picked for the PoS consensus method depending on how dedicated a member in the community is to the network; the larger the stake, the higher the possibility of being chosen as a validator.

I find both Binance Smart Chain and Polygon have a significant advantage over Ethereum in terms of fees and speed.
While Binance Smart Chain is focused on creating its own thriving and diverse ecosystem, Polygon presents itself as an exit valve for Ethereum itself.
Polygon is currently still a small part of the larger Ethereum network, if more projects move to Polygon it could conceivably reach as far as Ethereum itself.
Polygon gives Binance Smart Chain plenty of reasons to consider its role and create further separation, but BSC is now able to attract more users. With no indication that Ethereum will fix its scaling problems on its own in the near future, users can expect both Binance Smart Chain and Polygon to thrive.

Although BNB and Solana are good coins but for now I will focus on Solana, out of the top 50 rankings only Solana looks stable and this is a strong indication of investor confidence in Solana, of course investing in Solana long term is the most profitable.

It's no doubt that either Matic, BSC or Solana, does have a good future and is fit for our long-term goals. But for now, I will mostly use the BSC network for most of my transactions as the advantage of low fees while having a quick transaction is a big deal for me nowadays that fees are always an issue.

On my portfolio list, those 3 are listed and part of my list. I will never miss a chance acquiring to holding these coins. They are promising and worth investing our money in. Not financial advice but do your part of doing your own research.

Basically attendance is to solve problems
blockchain so that it will not be constrained by high operational offerings that are often felt and prevent data manipulation from happening.
Hard Polygon Network also accomplishes scalability and usability without sacrificing decentralization and leveraging the community within the ecosystem for development.

Currently, Polygon cannot compete with BSC because BSC still has many conveniences that people can get. However, I think currently BSC and Polygon are both in the good category. If time after time Polygon is able to provide the best, then in the future Polygon may be able to compete with BSC.

Actually the most important foundation for making devs. switching to Polygon is low cost and transaction speed, and it's already in Polygon, the thing Polygon has to do to beat BSC is to have a big exchange like Binance so it will easily beat BSC.

anything can happen, considering that polygons are currently in the spotlight, especially the low gas cost compared to BSC is an advantage of polygons, it's just that the popularity of BSC is still very superior, Polygon still needs to work a lot if it wants to compete with BSC in the future , there is a need for new polygon-based projects that can make investors comfortable to linger in them.

If Ethereum is next into Bitcoin, And Bnb or BSC is next to ETH, perhaps Polygon(MATIC) is next into BSC.
In fact, I had been holding little by little this Matic in my wallet. Because, I know it will become like
Bnb 3 years from now. And as you can noticed little by little that some of the new projects used the
Polygon platform to promote their token. But of course, try to make a research in your own way.

That's true, from my point of view, BSC is what made BNB explode, on top of that it made the exchange a lot more famous than it was already. I started using BSC in February, DeFi wasn't that saturated back then, while BNB was worth merely worth $50-60. I'm more of a BSC supporter rather than Polygon, which I haven't tried to be honest, due to it being backed by a reputable exchange.

I honestly love the Polygon network my only issue with it is the ridiculous fees it takes to move funds from one chain to another. Once this is solved and there are cheaper ways to move things cross chains then I will be fully behind Poly or whatever network can accomplish this. Currently, unless you are moving a large number of coins from one chain to the other you are getting eaten alive with fees and it limits users who want to try different things out if they know they cannot get their coins back to ETH or other networks easily.

This is good to hear from users who experienced polygon network as I don't have experience yet. So I know at least have an idea. So far, aside from ETH, I have experienced in transacting via BSC network and they are quite cheap. This is the reason why a lot of eth users are migrating to BSC. But right now, there are not so many popular projects built under Polygon, the reason why a lot don't have their first-hand experience yet on this network.

Polygon is a truly new project that is rapidly evolving at different layers. It was formerly called Matic Network and thus inherited the coin name.

I have a little experience operating with Polygon. I can say that its blockchain is very fast. A new block is added almost every second. I also noticed that Polygon currently supports all popular stable assets, including the highly capitalized USDT token.

As far as I know, Binance Smart Chain does not support this stable token on its blockchain. I don't know why exactly. Perhaps because Tether is a strong competitor to BUSD. I also assume that they have some financial conflict in the cryptocurrency business.

From my point of view, Polygon looks like a neutral coin. My guess is that the "Tether Ltd" company will always help the Matic team so that USDT holders can make cheap transfers.

I've became interested with Polygon when I see those infographics about how much you've already earned if you have invest a $1k capital at the start of the year.
And the profit of it is interesting and as I know BSC already, I think I'll do more research about Polygon.

In my opinion I think it can happen in the future because polygon is a good network it has very potential, the transaction fee is very cheap compared the binance smart chain. For now only few people knows about polygon network, it's not yet big like BSC but if people find that BSC fee is getting increase maybe people will switch to polygon.

Every project in the cryptocurrency market is always looking for a way to improve. Polygon is good, it just depends on what the developers really want, but you can’t compare Polygon to BinanceSmart Chain which has over sevenhundreds of projects on it, whilePolygon is around hundred (the last time I checked I think it’s around 150 projects). And that doesn’t mean BSC has a plan to just end it there, they also want to improve and be better than it is today.

I also know Polygon has that thought as well, so it's something that will have to do with the developers and the choice they are going to make when they want to create a new project. Before now I’ve even seen people that make statements that Polygon is going to be better than Ethereum, which I don’t really think is going to happen.

I think this can happen, because the gas cost of polygons is also very cheap compared to BSC, it's just that for now BSC is still more popular than polygons, so there are still many new projects that use smart contracts from BSC, therefore I think the most important thing is is how polygons can create projects or new investors comfortable using blockchain of polygons, so the polygons may be more popular than the BSC and create many new projects started using smart contracts of polygons instead of BSC.

What is conveyed is true that BSC and BNB are separate. BSC is a network while BNB is a coin and it needs to be rebuked if we write wrong.
A more detailed explanation regarding that, I think at this time no longer needs to be explained because almost all communities active in crypto already know where the difference between BSC and BNB is.

Polygon is a new project which is launched in Binance Launchpad. BNB is ore hyped and due to the functions, fast transaction, less fees, many projects are using BSC blockchain also people are using BSC very much. BNB is a very big project as compared to MATIC. Matic blockchain is not supporting on every platform where we can see BSC blockchain on almost all platforms. Polygon blockchain requires for development also many projects are coming slowing to this new network which will help this project to grow more but it will take time for sure. Polygon blockchain takes less fees as compared to BSC. But due to popularity and the CZBinance involvement BSC future will be very good and there will be very nice competition between BSC & Polygon. In final both have a good future.

I don't think it's a big competitor, right now Binance Smart Chain is the leader of the game. Majority of people use it easily, low transaction fees, easy to use, fast and secure. Polygon is more complicated. There are some good projects in Polygon but statistically it's so low that you can't compare these chains yet.
I like Polygon but I don't see anybody use it in any environment. They need something bigger to get mass adoption, otherwise it will be another failed chain in the ecosystem.

Both are the best networks for now. In addition, both are digital currencies that have better potential for the future and have low and fast transaction fees. Polygon that we know is the latest network for now, but polygon can be a solution to the high price of ETH Gas so far. However, the popularity of binance is still superior to polygon because it has a wide range of smart contracts. But if Polygon is able to maintain its consistency, it is possible that Polygon can compete and match Binance's current achievements.

I think contention happened as of now and what I've noticed a few undertakings presently began relocating to polygon organization. I mean binance was likewise contributing a great deal to the BSC environment as it has countless client bases. The developing organization choices that we have is stunning, they are offering a superior administrations and we merit it.

Both BSC and Polygon network are good for the users but when it comes to potential that's on developers that tend to run their new projects on either one of the two, as for me ERC 20 became a turn off because of high gas fee if not ETH erc20 is better

Every coin that has been very alive and growing through a platform and network that has been very well built, then all of them are still very good to use, regardless of the comparisons that can be made by anyone, what is clear is that BSC, Polygon and ERC20 are already very good things to do used according to their needs.

This is a natural thing, because indeed when talking about companies, both individuals and groups, I think the goal is the same thing, namely to seek as much profit as possible.
and indeed for polygon now the network is the cheapest after tron when compared to bsc and eth of course the gas will be different.
and of course the companies want to make a profit even in the amount of gas fees.
so it's very natural about this, but that doesn't mean bsc and eth are losing their fans. and it is precisely this that can be compared as they are competitors who provide services in exchange.

now of course BSC. The matic network is hanging and has been delaying transactions for several days. Of course, I remember that there are a lot of transactions there, but this does not mean that the network should freeze.

Matic and BSC are both performing well in this market. Polygon has not gained much popularity yet as much as BSC got. Currently due to low Fee in BSC and being potential. Many projects are coming up in BSC. Hopefully in the future we will see such a hype in Polygon.

It's not enough to just rely on cheap transaction fees, but Polygon must have other conveniences so that people are interested in Polygon. I agree that Polygon needs time to continue to develop, but they must really work hard in providing the best because the opportunity for Polygon to become like BSC is still there.

If only Polygon had several advantages besides gas costs which were cheaper than BSC such as the ease of swapping tokens, then I can assure you that many investors will switch to Polygon. But something like that would take a long time. That's why I say at this time Polygon can't compete with BSC.

Afaik both networks have low transaction fees and I think it doesn't have really huge difference, in my opinion why polygon has less popularity compared to BSC wasn't due to merely the fees instead of it was late for the "hype" moment.

Currently we can see BSc platform but a lot has gone ahead. All the projects that we are currently seeing in the market are seen on the token BSc platform.But now the polygon matic The platform is moving forward a lot. Teams from various projects have now moved to the Polygon platform.However, it is not correct to say that everything is possible and nothing is impossible in cryptocurrency.

I dont really into Polygon but since many altcoin has its own unique protocol and strong community, i believe all of them can compete each other.
My alternative for BSC at this time is ICX, even its not have so popular and not many project deployed, its now developing its BTP protocol, its like HTTP on internet but its on Blockchain, to connect Blockchain each other.

I think competition happened as of now and what I've noticed a few ventures presently began relocating to polygon organization. It rung a bell, that this would presumably a solid rivalry between the two yet BSC was at that point a stablished network. Polygon is another undertaking, they need to demonstrate if their organization is superior to BSC or there is a one of a kind benefit of polygon network from BSC to beat BSC and it consumes a large chunk of the day.

In terms of the popularity of polygons (Matic) Of course Polygon will soon compete with BSC. we can see for now because ethereum has high transaction costs, many have moved using the Polygon chain/network. Previously, BSC was a solution for cheaper transaction fees, but for now, Polygon is also the solution behind expensive transaction fees. this is what polygons compete with Bsc

I see now a lot of token or coin projects that choose mainet with their own smart contracts,The good side is that the fees are cheap.but sometimes i wonder if they can be big like BNB or ETH due to many smart contracts? I think the bnb moment will not be repeated on matic

the price for transactional actions in matic can be much higher if the price for it will not be 1 dollar as now, for example 10-20. Or in the long run for a few years or more, while not twisting the price of the transaction will buy more

I want to give predictions about the future of polygon. I have made several transactions using this network. with only a little fee we have to spend to transact, of course this is the right choice for us at this time, even though it is still below the BSC.

Polygons potential in the future is good, because transaction costs are cheaper than BSC, but regarding the selling price it may not necessarily provide the best value, to compete with BSC is not the target for now, what Polygons needs to do is provide maximum selling value for now, considering the current BSC is still quite stable and promising in the market, so to compete with them is quite difficult.

Matic and Binance Smart chain, this both network is popular and its one of the main reason is their low transaction fees, high speed. But i personally like bsc network for my work.        

Its all in promotion and popularity. BSC has a huge exchange and a whole ecosystem behind, that is why it gained traction. Polygon is for now just another potential blockchain, who will need to attract some real project on it if they want to get more users. The good think is, they have a lot of followers already, they just need to use that smart in their advantage.

Speaking of liking or in terms of work, I think it depends on our use, if we use the Polygon token then the Polygon network will be the solution, if we use the BSC token, the BSC network will be the solution. However both provide alternative benefits for certain tokens by using the Polygon or BSC network.
But the level of popularity, the BSC network is superior to Polygon . Because the BNB coin is superior to Matic, it is impossible for the two to be the same in popularity if there is a difference in advantage.

BNB has that edge in terms of popularity and as a good alternative from ETH network. Matic though is also a good system if you study the structures, and like what you have said, everything will rely on how end users choose to use a network. So far, BSC is more used by those investors who are being disappointed with how high ERC fees were.

They find BSC as a good alternative so with developers who also aiming f0r interest from this kind of investors; they use BSC to continue
competing with the trend.

it could be true what you say that polygons will be a threat to bsc, because what is in polygons can better accommodate transaction users who will do it. but it takes time for polygons to be able to do that shift and be able to convince in advance that what they have can indeed be very useful and better than its rivals.

we have to admit that the BSC is very good at this time and is supported by the exchange itself so that it is possible to make innovations that can make it easier. bsc is still in the process of being considered as an alternative to erc20 and even then, it will take time for people to believe in using it. so I think it's still too early that polygon will be able to compete with bsc, let time decide because there are also many other platforms that exist and will still compete in crypto.