ETH and BSC

[ashmodeus]

for me if that happen, i mean eth has changed, fee back to low, BSC will still alive , as a secondary option for creating a business project or even why not both, u know what, lately i've seen a new chain grown rapidly like a solana ecosystem, polkadot ecosystem , it is a variant for business space, not mean try to kill each other.

[Moeda]

One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

I think Ethereum's gas costs are high due to the current high Ethereum price. However this will be normal. BSC is indeed a good project, it can provide a solution in the midst of the high cost of Ethereum gas. However, BSC will also experience the same thing when BNB prices are high.

[DU18]

If the ETH platform continues to maintain the current high gas costs, of course it will only increase the popularity of the BSC platform, because now complaints about expensive gas costs are the reason many traders and project developers have started making BSC as an alternative platform in developing their projects, however In several articles that I have read, if the release of Ethereum 2.0 has been officially launched, it will certainly speed up every transaction that occurs and it is also said that one of the advantages contained in ethereum 2.0 is that it is able to reduce gas costs which have been a classic problem on the ethereum platform.

[Lantind]

If the ETH platform continues to maintain the current high gas costs, of course it will only increase the popularity of the BSC platform, because now complaints about expensive gas costs are the reason many traders and project developers have started making BSC as an alternative platform in developing their projects, however In several articles that I have read, if the release of Ethereum 2.0 has been officially launched, it will certainly speed up every transaction that occurs and it is also said that one of the advantages contained in ethereum 2.0 is that it is able to reduce gas costs which have been a classic problem on the ethereum platform.

Although many developers and traders will use the BSC platform as a cheaper alternative, but in essence the Ethereum platform will also not die and will remain in its current position, I think you can see that the price of Ethereum continues to increase despite the users of the platform have started a little at this point.

[masulum]

Although many developers and traders will use the BSC platform as a cheaper alternative, but in essence the Ethereum platform will also not die and will remain in its current position, I think you can see that the price of Ethereum continues to increase despite the users of the platform have started a little at this point.

Ethereum already has a lot of usecases, it's not going to be easy to die. for some people, high gas prices are still in line with the increasing of ETH prices. Indeed, BSC offers cheaper prices, but the problem is that the scam is also increasing in the BSC network. As usual, scammers will look for alternatives to get as much profit as possible through these low fees. Maybe, ETH could be left out by many new projects, but projects that have used ETH from beginning will be more likely to use BSC as a second layer.

[deepblue01]

maybe the BSC effect will decrease when the ETH fee decreases. so I don't think the BSC trend will last long at the top, ETH will still be one of the BSC rivals in crypto platforms

today ETH have 315B $ marketcap and BSC or BNB only have 86B $ marketcap. so there are much room to grow for them.
still can be half ETH marketcap if BNB rise to 1k $. BSC still continue to grow as daily transaction reach 10million but ETH can't even touch 2M transaction per day

[AhmadM]

One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

I think Ethereum's gas costs are high due to the current high Ethereum price. However this will be normal. BSC is indeed a good project, it can provide a solution in the midst of the high cost of Ethereum gas. However, BSC will also experience the same thing when BNB prices are high.

Nah the high fees isn't merely because the ETH price goes up in the recent time, it's true if we see it in fiat value become more expensive. Still from the gas price itself become more higher than early last year, if I rememer correctly at that time the gas price only costs tens of gwei for each transactions but as of now we all know it will costs more than one hundred gwei per transaction.

[SistaFista]

One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

I think Ethereum's gas costs are high due to the current high Ethereum price. However this will be normal. BSC is indeed a good project, it can provide a solution in the midst of the high cost of Ethereum gas. However, BSC will also experience the same thing when BNB prices are high.

No, Ethereum gas price is not high anymore mate. BSC is only alternative to avoid high gas fee on Ethereum network.
When ethereum gas fee come back to normal, i think we better to use ethereum blockchain because many scam shit pump hype tokens has been created on BSC.

[imamusma]

One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

I prefer BSC to exist so that it can be Ethereum's main competitor either now or in the future. A good business ecosystem for users is when there is no monopoly going on who are very greedy. So far, Ethereum has been the only altcoin that has had a huge influence on the ecosystem, especially DeFi. Now BSC is another alternative for users to be able to get more attractive offers and crazier innovations from each platform. And in the end, the user is the king will still be valid.

Let's see Eth 2.0 launch, what will Binance do?

[Pasnik]

Actually its balance for me to use BSC and ETH it will depend to the token that you love to trade.Also depend to the quality of the coin,some of projects that coming choosing to have BSC base its because some community wants to a low fee.Actually the fee of ETH is low now than before few months ago.

[deepblue01]

One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

I think Ethereum's gas costs are high due to the current high Ethereum price. However this will be normal. BSC is indeed a good project, it can provide a solution in the midst of the high cost of Ethereum gas. However, BSC will also experience the same thing when BNB prices are high.

No, Ethereum gas price is not high anymore mate. BSC is only alternative to avoid high gas fee on Ethereum network.
When ethereum gas fee come back to normal, i think we better to use ethereum blockchain because many scam shit pump hype tokens has been created on BSC.

hahaha, why are you blame on scam pump and dump token??? back then ETH also has alot of shit and scam token.
gas price is not high?? 5$ vs 0.5$ fee?

[kenelmark]

i don't know. but i think as long as BSC network fee are cheaper than ethereum.
they will keep using it and it's really hard for ETH to beat BSC network fee.
90% possibility BSC network fee will remain cheaper than ETH

ETH doesn't have to bother to beat BSC in terms of costs because they run on a different mainnet and also ETH is still in a higher position than BNB so it's not a big problem for ETH even though 90% of ETH users are already using BSC to minimize costs exaggeration, but on the other hand ETH continues to experience very good price increases now and will even approach $ 3000 in a single unit soon.

[Ten98]

I think Ethereum's gas costs are high due to the current high Ethereum price. However this will be normal. BSC is indeed a good project, it can provide a solution in the midst of the high cost of Ethereum gas. However, BSC will also experience the same thing when BNB prices are high.

It is true, currently the Gas price benchmark on each platform is very visible in the token price of the platform itself so that everyone doesn't have to deny this because whether they realize it or not, this Gas cost will look expensive when the token price becomes expensive.

[Almasani]

One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

If the ERC20 project changes its smart contract to BSC or uses two smart contracts ERC20 and BEP20, then BSC will be superior. This is not something that is impossible, as many people choose to transaction USDT TRC20, compared to OMNI and USDT ERC20.
Fee is the main problem. It's possible that Ethereum will return to normal. But when crypto conditions are booming, fees are high, people will choose an alternative path.

[ahmia39]

If the ERC20 project changes its smart contract to BSC or uses two smart contracts ERC20 and BEP20, then BSC will be superior. This is not something that is impossible, as many people choose to transaction USDT TRC20, compared to OMNI and USDT ERC20.
Fee is the main problem. It's possible that Ethereum will return to normal. But when crypto conditions are booming, fees are high, people will choose an alternative path.

Yes, and if we look generally at real life, the Ethereum Founders are very good friends with Binance's CEO, CZ, so the possibility of collaborating on such matters is clearly very possible even though on the other hand they are competing normally in the market, so naturally excellence is likely to be almost the same in both.

[abralzain17]

High gas costs have recently been a complaint of many crypto enthusiasts including complaining about ethereum fans, but this is only natural because of the density of transactions carried out. In such circumstances, Binance will look for loopholes how to continue to provide the best for its holders in order to divert the attention of Ethereum holders to move in the binance space. because both tokens have reliable technology, in my opinion BSC and ETH continue to compete to find a better position.

[retreat]

<...>

Yes, and if we look generally at real life, the Ethereum Founders are very good friends with Binance's CEO, CZ, so the possibility of collaborating on such matters is clearly very possible even though on the other hand they are competing normally in the market, so naturally excellence is likely to be almost the same in both.

I see a very clear collaboration between Vitalik and CZ, so eth and BNB can remain strong in the market. I suspect bsc is not created to beat eth, bsc was created to cover the shortcomings that exist in eth CMIIW.

[Lantind]

Ethereum already has a lot of usecases, it's not going to be easy to die. for some people, high gas prices are still in line with the increasing of ETH prices. Indeed, BSC offers cheaper prices, but the problem is that the scam is also increasing in the BSC network. As usual, scammers will look for alternatives to get as much profit as possible through these low fees. Maybe, ETH could be left out by many new projects, but projects that have used ETH from beginning will be more likely to use BSC as a second layer.

Yes, that's right, in general Ethereum has been really strong and has proven to be able to revive many new projects in the past which are now very strong, so there is no reason whatsoever to say Ethereum is dead, because Ethereum has many lives in the crypto space. give color to each project, so it will not be possible for me to doubt Ethereum, if anyone doubts Ethereum, it means that he is still a newbie and not familiar with Ethereum.

[Davian144]

High gas costs have recently been a complaint of many crypto enthusiasts including complaining about ethereum fans, but this is only natural because of the density of transactions carried out. In such circumstances, Binance will look for loopholes how to continue to provide the best for its holders in order to divert the attention of Ethereum holders to move in the binance space. because both tokens have reliable technology, in my opinion BSC and ETH continue to compete to find a better position.

If you compare the two only by Gas cost, then the Tron platform is still much cheaper of the two, but why is the Tron platform not so popular and trending now? This means that there is some Ethereum power that Binance doesn't have at the moment so Ethereum is still one notch above BNB, so the competition is not just about Gas costs.

[mulia sabee]

One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

In my opinion, what makes the Binance smart chain bigger and in demand as it is today is because the Binance developer itself Cz, the Binance developers have committed to make the future of Binance better and will not disappoint its holders. As for the high Ethereum transaction fees it is also one reason why BNB is increasingly in demand nowadays. in my opinion like that