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Author Topic: Give reasons why ETH is better than BSC  (Read 3311 times)
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April 24, 2021, 07:08:36 PM
 #141

I will choose BSc over Eth no matter the reason given here by anyone. Very annoying chain, I mean how can someone pay more than what they are sending. Even banks don't do that. The miners on Ethereum are greedy including the developers as well otherwise they would have done this transaction fee thing since it inception.
BSc on the other hand may be slow in transaction confirmation but it does all the transactions I want associated with very low fee.
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April 24, 2021, 08:09:16 PM
 #142

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.

Decentralization is ethereum's only real advantage over BSC but it is a very big one. You can say that ETH has a stronger network effect but that can be overcome and we have seen it flipped by weaker coins like XRP and BCH. BSC will never be decentralized because it is managed by Binance. If Binance goes down then the entire BSC network will collapse.

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April 25, 2021, 03:36:30 AM
 #143

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.
If ETH gas fee gets resolved people probably gonna go back to ETH again and it's gonna burden the traffic a lot more than current time where people are migrating to BSC that makes BSC hits its highest transactions volume and ETH gas fee problem could probably surface again.
It's true we should just wait until the real implementation of the update because it could either failed or success to solve the problem and as many people have mentioned, the price of ETH that reaches its new ATH also contribute to the rise of gas price.

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April 25, 2021, 06:16:15 AM
 #144

The decentralization of Ethereum is acceptable and yet this makes Ethereum somewhat hard to carry out the answer for fix the adaptability issue. It beds as a more developed biological system, a bigger local area, and more decentralized regardless of the great exchange costs as of now. BSC looks new, costs less and improves publicity.


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April 25, 2021, 08:21:23 AM
 #145

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.

Why do you only care about the gas fee and do not consider the security. The ethereum blockchain is very much secure as compare to binance smart chain.
People think that they will use pancakeswap over uniswap to save the fee but they forget that within last month pancakeswap was comprised.  Sad









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April 25, 2021, 01:40:12 PM
 #146

Ehereum has long been active in crypto, so it has a very large community and network, all cryptos transactions use etherem, whereas bsc has only become popular in recent years, although BNB exchanges are most popular because gas fees are very low compared to etherem, and in my opinion BNB  unable to surpass ETH's dominance any time soon,
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April 25, 2021, 01:50:49 PM
 #147

We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone.  Grin Grin Grin
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April 25, 2021, 03:02:52 PM
 #148

We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone.  Grin Grin Grin
Many new projects have adopted the BSC because of transaction cost problems that can hinder the development of new projects when they enter the market.
but currently, there seems to be a solution to ethereum transaction fees. they'll be competing again.
I myself use both. and move to the BSC for day trading. and some ERC tokens for temporary investment. I think both of them are comfortable to use.

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April 25, 2021, 04:09:47 PM
 #149

We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone.  Grin Grin Grin

I agree with you, but I disagree with 4 points. What kind of innovation are you talking about? This is the same project as Ethereum, there is nothing innovative here. If you consider the innovativeness of reducing commissions, then I can give you an example of 5-6 blockchains that offer such an opportunity. For example, Avalanche Waves are already working projects that you can use right now.

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April 25, 2021, 04:13:33 PM
 #150

ETH is more decentralized than BSC
ETH has a longer and more diverse development ecosystem than BSC. The BSC ecosystem is focused solely on DEFI and NFT.
Projects on ETH are turning to BSC to reduce costs. There are many projects on BSC that claim they will switch to ETH if the 2.0 upgrade of ETH is successful.

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April 25, 2021, 04:14:10 PM
 #151

If ETH gas fee gets resolved people probably gonna go back to ETH again and it's gonna burden the traffic a lot more than current time where people are migrating to BSC that makes BSC hits its highest transactions volume and ETH gas fee problem could probably surface again.
It's true we should just wait until the real implementation of the update because it could either failed or success to solve the problem and as many people have mentioned, the price of ETH that reaches its new ATH also contribute to the rise of gas price.
Yes, now I have seen in the past two days that Ethereum Gas costs have decreased considerably so that people who used to complain about expensive Gas fees can make transactions at this point, in general this is very good, but I himself is also very worried that one day expensive costs will appear again if the implementation of Ethereum 2.0 fails.

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slaman29
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April 25, 2021, 04:59:18 PM
 #152

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.

I was for a long time NOT a fan of Ethereum, and then finally kind of converted when their developers and future direction convinced me they weren't such assholes after all.

I have also admitted now BSC is maybe going somewhere after all but I don't see myself getting converted by them. They're just too much of a capitalist entity Binance.

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CryptoATM
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April 25, 2021, 06:04:48 PM
 #153

Everything about ETH is right except the high gas fee issue that BSC fixed, still developers and consumers will go back to eth once gas fee is finally fixed on Ethereum network, ETH is just a better coin for many reasons while the most important one is been fully decentralized and BSC is fully centralized
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April 25, 2021, 08:44:31 PM
 #154

We all know that BSC is much better rather than ETH
1. Fast Transaction
2. There's a lot of new project adopted BSC
3. Very low fees
4. and last but not the least, INNOVATION.

ETHEREUM SUCKS to the bone.  Grin Grin Grin

In fact it's true, BSc is better than Ethereum. the only thing that is superior maybe from the price. ethereum is currently in the lead, but there is no guarantee in the future it will remain the same. a friendly and fast platform will definitely be more desirable and that will increase demand. sooner or later eth will also lose in terms of price.

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April 25, 2021, 08:53:00 PM
 #155

Both of them are the best currencies, but l think ETH is better than BSC, the first reason ETH is more decentralized than BSC. However everything is something different nowadays, that is why ETH has only one bad advantage and it is the high transaction fee. Due to the high gas fee, people prefer investing in BSC than in ETH. If a high gas fee will be solved in the future, l think people will be more interested in investing in ETH.

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April 25, 2021, 09:19:01 PM
 #156

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.
Yup, according to the information I got, the gas fees will be resolved by 2022. However eth is still the best platform with many validators, people still like decentralization without any party control. although bsc is on the rise at the moment I still prefer eth

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April 26, 2021, 03:56:36 AM
 #157

Everything about ETH is right except the high gas fee issue that BSC fixed, still developers and consumers will go back to eth once gas fee is finally fixed on Ethereum network, ETH is just a better coin for many reasons while the most important one is been fully decentralized and BSC is fully centralized

Now we can see that the Ethereum gas fee has become normal, below 100 gwei which is not too expensive for me.
Ethereum blockchain is better, because it is backed by the miners which means it is more decentralized than BSC which using validators to support the blockchain.

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April 26, 2021, 09:43:58 AM
 #158

I always believe in Ethereum supremacy. The fees gradually decreasing thank you Berlin update, and hopefully, the London update will solve the issue entirely. Just like you said, one of the ethereum advantages compared to BSC is decentralization. Besides, ethereum is the pioneer that implemented smart contracts, one of the biggest and massive adopted features in cryptocurrency so I believe people behind the ethereum project won't let BSC passing ethereum popularity and utilities. It's always easier to use eth directly than bridging it into another network so yeah for me, ethereum is better than BSC in many aspects

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April 26, 2021, 01:28:09 PM
 #159

Everything about ETH is right except the high gas fee issue that BSC fixed, still developers and consumers will go back to eth once gas fee is finally fixed on Ethereum network, ETH is just a better coin for many reasons while the most important one is been fully decentralized and BSC is fully centralized
Yes, and recently the cost on the Ethereum platform has also decreased, although it is not as cheap as the Gas fee of the BSC, but at least small traders and small investors can use the Ethereum platform again for now.

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April 27, 2021, 06:42:29 AM
 #160

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.

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