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Author Topic: Give reasons why ETH is better than BSC  (Read 3389 times)
btcltcdigger
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April 23, 2021, 07:18:00 AM
 #121

I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.

ETH is the king of smart contracts
ETH is the king of DeFi
ETH is the king of NFT's

What other reason do you need?
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April 23, 2021, 09:55:56 AM
 #122

all that matters is money. One who charges low will rise no matter what anyone thinks. If ETH doesn't solve it's fee problem soon. BNB will rise very high and high and only high. It's high time ETH take some move because ETH simply blocks your way to do small amount transactions. 
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April 23, 2021, 12:10:44 PM
 #123

The main reason I don't like BSC is that it's centralized. BSC has only 21 validators. Also, they are determined by 11 validators. This made BSC more centralized.

Source:
1. https://twitter.com/WilsonWithiam/status/1381420702918664194?s=20

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April 23, 2021, 12:34:16 PM
 #124

The cost of memnag gas is the main factor causing the turmoil in the current ethic body. why not, because for the shipping cost alone we need 0.005. this is a very painful thing for traders. indeed ETH will reclaim its glory, but that is not now

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April 23, 2021, 01:18:24 PM
 #125

BSC isn't the most perfect cos it has issue with delays once there are multiple transactions ongoing, also ETH owns BSC still because we still use our ETH address on BSC, the cheap transaction is the oy thing BSC have to offer, things will change once ETH fix it's high gas fee by July 2021
Is it fixed in July 2021 that ETH will fix the problem of high costs at this time? if indeed it has been fixed, then everyone will definitely be waiting for the arrival of July as soon as possible, because I am sure that at this time there are so many people who postpone their transactions on the ETH platform because of the high cost.
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April 23, 2021, 01:40:53 PM
 #126

I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.


for now, yes eth is still better than BSC this is because ETH is already integrated with many projects, exchanges and altcoins, therefore eth is much bigger than BSC. but now BSC has also begun to be known to many people, and has begun to integrate with various projects, and most importantly because gas fees are much cheaper than eth, this makes the future of BSC more potential

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April 23, 2021, 06:47:39 PM
 #127

Ethereum become best think and destination by many ICO project using this platform, almost ICO success raise higher price by adopting eth as platform payment and coin support, although fees still higher this not way for investor left with eth coin. I believe with bitcoin can fight many bad news maybe eth become higher altcoin price few year again.
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April 23, 2021, 07:03:02 PM
 #128

BSC isn't the most perfect cos it has issue with delays once there are multiple transactions ongoing, also ETH owns BSC still because we still use our ETH address on BSC, the cheap transaction is the oy thing BSC have to offer, things will change once ETH fix it's high gas fee by July 2021
Is it fixed in July 2021 that ETH will fix the problem of high costs at this time? if indeed it has been fixed, then everyone will definitely be waiting for the arrival of July as soon as possible, because I am sure that at this time there are so many people who postpone their transactions on the ETH platform because of the high cost.

There are many holders who are trapped because of this high transaction fees, coming that day the network will surely experienced high volumes of transactions.

Those people are waiting for this to happened, they are willing to wait just to make sure their assets are fruitful for them and they'll be able to maximized the profits.

Just need to wait and see if how things will work after this update.

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April 23, 2021, 07:36:09 PM
 #129

Both BSC and ETH are good but depend with how fees transaction between both network, BSC have lower fess during his coin still cheapest than ethereum, the same for eth when price still down they have cheapest fees to and now have higher because price eth wake up above $2,600.
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April 23, 2021, 07:50:48 PM
 #130

Both BSC and ETH are good but depend with how fees transaction between both network, BSC have lower fess during his coin still cheapest than ethereum, the same for eth when price still down they have cheapest fees to and now have higher because price eth wake up above $2,600.

If you look at the transaction fees, BSC is more superior plus they do a burn event, while Eth is still good because they have a large community. but the fee actually depends on the need, when it is necessary to make transactions with eth, the consequence is that the costs will be more expensive, and I cannot say that it is bad because eth fundamental is not in doubt

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April 23, 2021, 08:29:12 PM
 #131

all that matters is money. One who charges low will rise no matter what anyone thinks. If ETH doesn't solve it's fee problem soon. BNB will rise very high and high and only high. It's high time ETH take some move because ETH simply blocks your way to do small amount transactions. 
When you say that BNB will go up very high just because Gas costs on Ethereum are still expensive, have you forgotten that Ethereum is a very strong Altcoin in the crypto space that can still experience price increases even though the transaction fees on the platform are still very high when compared to BNB, or did you fall asleep when Ethereum experienced a pump in its price?
Handsome Boy
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April 24, 2021, 04:10:48 AM
 #132

because ETH has a better function than BSC, it's just that for now gas fees from ETH are an obstacle (very expensive), but I'm sure if ETH has been updated and ETH 2.0 has been launched, then of course gas fees from ETH will be be low and this will make ETH be better than before, so ETH will remain the best blockchain than any blockchain including BSC.
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April 24, 2021, 06:30:57 AM
 #133

I've been a fan of ethereum for a while but for now I'm sure BSC will be the future of crypto. Although ethereum is still the first, I feel that ethereum has been stuck for a while, especially with the problem of very expensive gas cost.
Ethereum can't update that fast if all the decision need to go through some kind of consensus so there's no opposition and if there really is an opposition exists that opposes the upgrade then it's gonna be another problem meanwhile BSC is like modified version of ETH blockchain having all the validators ran by the company behind it themselves i'm pretty sure it could perform better but that's just the perk of being kinda "centralized". It's always like that though, you see swap platform usually are a little bit more complicated compared to cex.
But not gonna stuck anymore after july I guess when EIP1559 rolls out.

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April 24, 2021, 07:00:41 AM
 #134

eth has been around for a long time before bnb came out of course it has more capitalization and users than bsc, but the problem is now eth fees are very high and new bsc users have recently increased rapidly because bsc has lower fees the rest other than that their network system is the same and there is almost no difference at all.
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April 24, 2021, 05:17:48 PM
 #135

There are many holders who are trapped because of this high transaction fees, coming that day the network will surely experienced high volumes of transactions.

Those people are waiting for this to happened, they are willing to wait just to make sure their assets are fruitful for them and they'll be able to maximized the profits.

Just need to wait and see if how things will work after this update.
I am one of those people. I have over $400 in metamask, all from different projects, highest became $60 recently which I could have maybe withdrawn or swapped but I didn't had approve neither so the cost was way too much. I would sell them all right now if it was on BSC because it would take maybe 5 bucks at total to sell them all, here it takes more than the money itself so why would I do that. This is why I am still waiting, and for all my newer stuff I have stopped going for ETH and I am only checking ethereum as well, it is a much better deal and it helps me a lot better as well.

This will not result with ETH going down or being bad or anything, it is just too crowded right now and 14th July is the date set for eipt 1559 which means maybe soon enough we will be capable of selling and I feel like most erc20 tokens will drop as well when eth transactions are cheap and people can sell right away.
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April 24, 2021, 05:24:42 PM
 #136

Everyone had different opinion towards this concept.Firstly people had a experience towards the Ethereum.It mean, they was familiar with the usage and process.When they was new to the platform, they may forced to get into some loss by less knowledge. People mindset will be they satisfy with the loss by market.But they won't accepted the loss by inaccurate knowledge towards technology.

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April 24, 2021, 05:37:00 PM
 #137

Just need to wait and see if how things will work after this update.
That's right, it's just a matter of waiting to see what happens and if it really is going to have a big change in fees, then I really believe that everyone will be very happy with ETH and will come back to praise it with beautiful words.
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April 24, 2021, 05:41:59 PM
 #138

I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.
I guess the people will not see the centralized or decentralized anymore they will only see the lower fee for the transaction itself. Because ETH and BSC already has a good reputation in the crypto currency sphere so as the people will see it anymore.

They will choose the network that can give them an easy way with the low fee per transaction. Like me, have been a few years ago I move to BSC network for the transaction especially for withdraw my fund because the fee per one transaction is really cheap than I choose ETH network.
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April 24, 2021, 06:01:16 PM
 #139

I've been a fan of ethereum for a while but for now I'm sure BSC will be the future of crypto. Although ethereum is still the first, I feel that ethereum has been stuck for a while, especially with the problem of very expensive gas cost.
How do you know that Ethereum has been stuck for a while?
Have you ever communicated with the Ethereum team in the past or just an educated guess at this point in your own mind?
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April 24, 2021, 06:14:57 PM
 #140

Ehereum have been old year and BSC just popular few year, how ever although BNB have exchange market I think most profit and have higher price ethereum than BSC. Depend now many ICO still believe with ethereum as coin platform and every day growing up faster than BSC coin, maybe BSC only working when have new launchpad on Binance.
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