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Author Topic: Forget about ETH Era, We are on BINANCE Era right now!!! Long Live BSC!!!  (Read 749 times)
susuberuang
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April 16, 2021, 11:42:22 AM
 #41

Yes, I admit that bsc is popular at the moment, and many crypto communities have moved to the binance network, because it has very low gas, so it is very profitable for small traders, but I don't agree if etherem is said to have run out at this time because I see that  very many people still use the ETH network, even though the fees are very high, etherem is still much higher than Binance, I really hope ETH management can find a solution to this problem, so that the popularity of ETH is not taken over by BSC,
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April 16, 2021, 11:50:44 AM
 #42

I haven't fully accept that BSC is ahead of ETH because very soon ETH gas fee is going lower, this is the best time to start putting ETH and BSC head to head to see which is better and even devs will be the ones making decisions here, I'm not giving up on ETH yet because of high gas fee

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April 16, 2021, 12:15:33 PM
Last edit: April 16, 2021, 12:32:08 PM by numanoid
 #43

You guys who believe ETH gas would be decreased is too naive and stupid. Read on here https://www.google.com/amp/s/cryptopotato.com/eip-1559-might-not-lower-the-high-ethereum-transaction-fees-report/%3famp

ETH itself is fine, but not all project which still using ETH as main platform. Even dogecoin itself already using Binance Smart Chain (BSC) now



While Binance already lowered their fee by half now,  Grin Grin Grin




Keep dreaming with your imagination to hope ETH gas fee goes down. Hahahahah
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April 16, 2021, 04:01:21 PM
 #44

You guys who believe ETH gas would be decreased is too naive and stupid. Read on here https://www.google.com/amp/s/cryptopotato.com/eip-1559-might-not-lower-the-high-ethereum-transaction-fees-report/%3famp

ETH itself is fine, but not all project which still using ETH as main platform. Even dogecoin itself already using Binance Smart Chain (BSC) now



While Binance already lowered their fee by half now,  Grin Grin Grin




Keep dreaming with your imagination to hope ETH gas fee goes down. Hahahahah
Only 2 billion Doge are printed on the BSC blockchain. I think it is the same as renDoge, a token that encapsulates Doge on the Ethereum blockchain. Doge's choice of BSC is beneficial to the project as they can bring Doge into the DEFI and maintain value for the project and ensure low, high-speed transaction costs.
BSC is trending, being the choice of new projects as they can create their project on a 100% ETH compatible chain. Many types of wallets make BSC easy to access. Developers on BSC have the backing of CZ and funds for Binance developers.
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April 16, 2021, 04:36:15 PM
 #45

Binance Chain is great however the major issue is that its centralized. I think if there was a way to make it decentralized that many people would start using it. I am not surprised that the network activity increased on BSC because the fees for ETH were just pure crazy. Its nuts paying $10 for an ETH transaction or $25 for an ERC20 transaction or almost $100 for a DeFI transaction, hence why BSC started to gain network usage.

However I think most people don't want to make the switch because they are worried about its centrazliation issue. Which is very important to many people. Hence one of the reasons why alot of people don't like XRP since the owners have too much control. However people are making crazy money with all these projects that they don't really care at the moment.

I think fewer and fewer of these people, now a new generation of people who are open and open and they do not worry about their anonymity. We have to accept this, there are too few followers of anonymity.

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April 17, 2021, 01:27:01 PM
 #46

You guys who believe ETH gas would be decreased is too naive and stupid. Read on here https://www.google.com/amp/s/cryptopotato.com/eip-1559-might-not-lower-the-high-ethereum-transaction-fees-report/%3famp

ETH itself is fine, but not all project which still using ETH as main platform. Even dogecoin itself already using Binance Smart Chain (BSC) now

I had no idea dogecoin had already moved to BSC,,, when did this happen? I always thought dogecoin people were quite closely aligned to both Bitcoin and Litecoin. If this is true then it really shows me just how long I have stayed away from all the updates on this community coin. Very interesting choice of platform to move though.

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April 17, 2021, 02:03:59 PM
 #47

if ethereum can solve the problem of high transaction fees won't it remove the reason people switch to other platforms. so I'm sure the BSC won't be able to kill ethereum. ethereum will again be the top choice in the future. which is why I believe this is not the end for ethereum.

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April 17, 2021, 03:29:03 PM
 #48

It's hard to disagree with you, because Binance was really able to help many of the crypto community start making money using cryptocurrency again. Ethereum's problem with high fees has shaken its reputation and now we can say that Binance has taken over this initiative. I am of course also a supporter of ETH, but lately it has not been very profitable to use its network. If this Ethereum problem is not resolved soon, then Binance may well take the place of the leader of altcoins.
- The ethereum network has a specific schedule for solving emerging problems but the gap from now to that point, it will probably take a few months and the impact is quite large as you say, ethereum's reputation is relatively plummeting but fortunately they are compensating investors with profits through price hikes. But this situation may not last too long, BNB is approaching investors in many different forms of investment, competing for networks, competing on opportunities and robbing projects, the BSC era seems to be starting


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April 17, 2021, 05:32:41 PM
 #49

A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
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April 17, 2021, 06:43:27 PM
 #50

A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
I have to agree on this, I’d rather hold them both because they are the best and I’m sure, profit will come as they continue to go up. BNB might be on a good hype right now but ETH is also doing its best and reached its new ATH silently, if the update will be great we’ll see a more active competition between this two.

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April 17, 2021, 11:45:49 PM
 #51

Maybe you have idolized BNB, and I think it's too hasty.  BSC has been launched recently.  With a simple, hype-like appearance with the bred platform, the BNB looks like the cradle of clone.  Lol.  Although BSC has great backing, it will take a long time to be trusted as ETH did and create a similar link.  Let's wait and see, buddy! Cheesy

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April 17, 2021, 11:50:49 PM
 #52

A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
I have to agree on this, I’d rather hold them both because they are the best and I’m sure, profit will come as they continue to go up. BNB might be on a good hype right now but ETH is also doing its best and reached its new ATH silently, if the update will be great we’ll see a more active competition between this two.

I don't think ETH team is sleeping on their gas fee problem.
Right now, a lot are going to BSC because of their cheaper fees.
But what I am curious about is once ETH resolves their gas efficiency, will developers still choose BSC over ETH?
For the moment, ETH is still no. 2 and I don't think it will be surpassed anytime soon.
They have established their market and they have really solid foundation when it comes to development.
Maybe, it is too early to say that ETH has already lost its market, because it is not.
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April 18, 2021, 03:54:23 AM
 #53

The current era of BSC is booming with them selling low fees from ETH, the strategy is proven to work and many people turn to BSC. but other statements arise whether until in the future BSC will continue to apply low fees or raise prices like ETH? This is a question that is likely to become the BSC benchmark in the future

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April 18, 2021, 04:04:08 AM
 #54

Current BSC boom is possibly because of success with Pancakeswap in bsc as billions of dollars worth crypto is locked there. And also Binance leading whole crypto trading gave them great opportunity to convert people. But I think Ethereum era isn't over yet. They will have nice competition after bull run ends for sure and Ethereum will give answer.
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April 18, 2021, 01:27:17 PM
 #55

Maybe you have idolized BNB, and I think it's too hasty.  BSC has been launched recently.  With a simple, hype-like appearance with the bred platform, the BNB looks like the cradle of clone.  Lol.  Although BSC has great backing, it will take a long time to be trusted as ETH did and create a similar link.  Let's wait and see, buddy! Cheesy

Loads of people have. Just check out the Telegram channels for BSC or Twitter,,, people are proving that things are wrong and are centralized with Binance products but they get attacked for spreading FUD.

People are totally blinded. Just saying dude,,, stake your cake and BNB and earn non stop round the clock:)

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April 18, 2021, 01:48:28 PM
 #56

A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
It's too late, I'm afraid, BSC has already got a large user base to use their network. Therefore, reducing fees on the Ethereum network will not be enough.

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April 18, 2021, 03:14:08 PM
 #57

A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
It's too late, I'm afraid, BSC has already got a large user base to use their network. Therefore, reducing fees on the Ethereum network will not be enough.

But if the ethereum network fee problem can be resolved it will make Ethereum the top choice again. bsc may have gained a user base, but remember the number of active Dapps on the ethereum network is still the highest. So I doubt Ethereum will ever be left out. Even though there are no new projects that use smartcontrac ERC20, the number of transactions on the ethereum network is still quite high. so ethereum will survive in the future.

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April 18, 2021, 08:10:00 PM
 #58

How you could say that ? Ethereum is still way more secure then bsc nowaday. Bsc only have 200 nodes for its network. Meanwhile ethereum have thousand and thousand nodes all over the world. It is still too early to say that bsc could replace ethereum.
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April 19, 2021, 02:34:31 AM
 #59

It must be admitted that Binance's popularity is increasing since Ethereum gas fees are very high and Binance provides a solution by creating a BSC.
So starting to switch Ethereum users to using BSC, but the problem is Ethereum has a very large and loyal community. And even Ethereum users still
have confidence that gas fees will decrease. So it's too early to actually say the Ethereum era will end and be replaced by the Binance era. Moreover,
we should not underestimate Ethereum which has been in the crypto industry for a long time,  so they must have more experience to be able to
compete against Binance. We'll see if it is true that Binance can beat Ethereum

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April 19, 2021, 09:08:36 AM
 #60

How you could say that ? Ethereum is still way more secure then bsc nowaday. Bsc only have 200 nodes for its network. Meanwhile ethereum have thousand and thousand nodes all over the world. It is still too early to say that bsc could replace ethereum.

Well said, and this difference will remain for a long time is my guess. Nobody will forget about ETH, rest assured. Wink ETH is so strong and has so many high profile investors, it's going nowhere but will stay at the top.

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