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Author Topic: Give reasons why ETH is better than BSC  (Read 3322 times)
accounting 181293
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April 30, 2021, 11:09:00 AM
 #181

ethereum has a lot more users. Total transactions on the ethereum network are still the highest compared to other Dapps platforms. over 70% of the altcoins on the market today are erc20, and this will continue to increase. even so I also realized, bsc also has other advantages. transactions on bsc are cheaper and faster. but that doesn't mean ethereum can't solve this problem. When the new network is ready, I'm sure ethereum's transaction fees will drop.
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April 30, 2021, 11:29:13 AM
 #182

Ethereum was indeed much better than BSC from the start. but bsc was able to attract a lot of devlopers in because they had very good momentum, when ethereum couldn't get over their gass fees, and then bsc provided a fairly precise solution. but on the other hand, ethereum is still far superior

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April 30, 2021, 11:30:28 AM
 #183

It is a general belief that BSC is centralized, although I checked and saw that there are vvalidators on bsc that is not bsc foundational validators but the the first mover advantage of ethereum has given it so much leverage and althoughh projects seems to be looking for alterntive solutions, it will still have an inclusion of the ethereum chain as cross-chain features are coming up in the space.


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.

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April 30, 2021, 11:32:47 AM
 #184

Ethereum was indeed much better than BSC from the start. but bsc was able to attract a lot of devlopers in because they had very good momentum, when ethereum couldn't get over their gass fees, and then bsc provided a fairly precise solution. but on the other hand, ethereum is still far superior

What kind of start? When Ethereum "started", there were almost no other blockchains, at least there were no Binance Smart Chain. You say BSC appeared at the right moment, but when Ethereum appeared, he was also at the right moment, coz it was probably first who offered to create tokens easily and run ICOs.

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April 30, 2021, 01:00:27 PM
 #185

If you things BSC is don't have any problem right now.

I have some thread or tweet on twitter there has some issue on PancakeSwap, BSC transaction reached 1 million block delayed on PancakeSwap. This problem could be same as ETH with transaction problem make some AMM exchange build on BSC was also got the problem as well.

Still waiting for ETH 2.0 will be solved gas issue or not.

Who knows how long the gas problem in ETH will be resolved, and who knows when ETH2.0 can be realized, this is a big question for ETH

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April 30, 2021, 02:37:55 PM
 #186

ETH is a decentralized network with miners across the network participating in validation. ETH future will have confirmation nodes with high dispersion when ETH completely moves to POS.
BSC has only 12 nodes to confirm transactions so they have not reached a significant level of decentralization. Many think that BSC easily leads to concentration in the network.
In addition to decentralization, ETH has many programmers involved in developing projects. The ETH ecosystem is more diverse than BSC and has a history of many years of development. I believe that the projects will return to ETH after being upgraded to a version entirely based on POS instead of the current POW.
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April 30, 2021, 04:57:41 PM
 #187

If you things BSC is don't have any problem right now.

I have some thread or tweet on twitter there has some issue on PancakeSwap, BSC transaction reached 1 million block delayed on PancakeSwap. This problem could be same as ETH with transaction problem make some AMM exchange build on BSC was also got the problem as well.

Still waiting for ETH 2.0 will be solved gas issue or not.

Who knows how long the gas problem in ETH will be resolved, and who knows when ETH2.0 can be realized, this is a big question for ETH

The problem with transaction fees in ethereum is a common one, because of the density of transactions, which results in very high gas costs. but in my opinion for now there have been changes and are resolved.

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April 30, 2021, 05:10:32 PM
 #188

The problem with transaction fees in ethereum is a common one, because of the density of transactions, which results in very high gas costs. but in my opinion for now there have been changes and are resolved.
Yes, and one more thing is the influence of the price of Ethereum which continues to rise can also result in the Gas cost becoming irregular when making transactions, so I think this kind of thing should be tolerated by everyone.
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May 04, 2021, 01:00:31 PM
 #189

With people who manage to work with ETH chain, the benefits that it brought to their pocket is really something that keeps them coming back, no doubts that there are many traders and investors who continue to support this coin even the problem with high fees really hurting their investment,.
The good thing is with so many transactions that being held to this system people continue to embrace especially those big investors who
can take the fees for granted just to proceed with their transactions.
Yes, but as everyone knows that the problem of high fees will not be permanent forever because a few days ago the transaction fees on the Ethereum network have also started to decline a little and the price of ETH itself has increased, so this is a very good thing to take advantage of by everyone.

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May 04, 2021, 09:16:50 PM
 #190

The problem with transaction fees in ethereum is a common one, because of the density of transactions, which results in very high gas costs. but in my opinion for now there have been changes and are resolved.
Yes, and one more thing is the influence of the price of Ethereum which continues to rise can also result in the Gas cost becoming irregular when making transactions, so I think this kind of thing should be tolerated by everyone.

Yes, that is very true as you say, meaning that not everyone has to blame ethereum. In fact, it is all due to the density of transactions that have occurred in Ethereum, resulting in high transaction costs as it is today

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May 06, 2021, 04:53:56 AM
 #191

Ethereum have stable price and keep grow to higher every time depend when bitcoin up, may time see with ethereum always up above $200 every day and good for long or short term investment. Still have chance and not late if you try to invest and but ethereum but always check how bitcoin price and situation stable.
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May 06, 2021, 05:10:34 AM
 #192

Ethereum have stable price and keep grow to higher every time depend when bitcoin up, may time see with ethereum always up above $200 every day and good for long or short term investment. Still have chance and not late if you try to invest and but ethereum but always check how bitcoin price and situation stable.
In the current bullish market, the increase is quite large. including with ethereum. if you observe now that ethereum has increased because of the altcoin season. as bitcoin dominance has decreased, altcoin prices have increased. and for altcoins like Ethereum, of course, it will increase. The topic between ETH and BSC is certainly far superior to Ethereum. based on market cap and also the number of BSC users, including new ones

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May 06, 2021, 08:33:37 AM
 #193

Well, binance smart chain is just a copy of ethereum, without Proof of Work mechanism.
We all know that ethereum price is very bullish, even without the dev burn the coin like in BNB coin.
Also, there are many good projects using ethereum as their main blockchain, in other words, many people and companies already trust ethereum.

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May 06, 2021, 01:16:57 PM
 #194

Well, binance smart chain is just a copy of ethereum, without Proof of Work mechanism.
We all know that ethereum price is very bullish, even without the dev burn the coin like in BNB coin.
Also, there are many good projects using ethereum as their main blockchain, in other words, many people and companies already trust ethereum.
Sure.. but it doesn't mean that BSC network can not grow faster than ethereum network.
less than 6 month BNB already increase in value by more than 1000%. Some claim that one of the largest DEX on BSC network has more transactions than all transactions on the ETH network combined
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May 06, 2021, 01:33:31 PM
 #195

Ethereum have stable price and keep grow to higher every time depend when bitcoin up, may time see with ethereum always up above $200 every day and good for long or short term investment. Still have chance and not late if you try to invest and but ethereum but always check how bitcoin price and situation stable.

the habit is true as you say, when bitcoin soars so ethereum will follow suit. when 2017 ago the ethereum price also reached ATH and now in 2021 it also exceeds that. this means that ethereum is the best altcoin after bitcoin

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May 06, 2021, 01:54:51 PM
 #196

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.
Well, your opinion is correct. The issue of transaction fees has affected ETH, but it is still a reputable and good coin today. It's second only to bitcoin, although BCS is very well developed, I don't think it would be a better option than Ethereum.
Ethereum is still chosen by many people to invest anyway. I'm one of them, too.





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May 06, 2021, 01:55:58 PM
 #197

Ethereum have stable price and keep grow to higher every time depend when bitcoin up, may time see with ethereum always up above $200 every day and good for long or short term investment. Still have chance and not late if you try to invest and but ethereum but always check how bitcoin price and situation stable.

the habit is true as you say, when bitcoin soars so ethereum will follow suit. when 2017 ago the ethereum price also reached ATH and now in 2021 it also exceeds that. this means that ethereum is the best altcoin after bitcoin
I agree. Even before Ethereum is the best altcoin after Bitcoin, many companies accepted either BTC or ETH payment. When the bitcoin prices going up, sure Ethereum will also follow up for it.
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May 06, 2021, 02:09:12 PM
 #198

the habit is true as you say, when bitcoin soars so ethereum will follow suit. when 2017 ago the ethereum price also reached ATH and now in 2021 it also exceeds that. this means that ethereum is the best altcoin after bitcoin
Yes, and it has been very clearly seen in the past and also at this time where Ethereum has only reached ATH several times this year so that other Altcoins have been very difficult to beat.
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May 06, 2021, 02:39:19 PM
 #199

Well, your opinion is correct. The issue of transaction fees has affected ETH, but it is still a reputable and good coin today. It's second only to bitcoin, although BCS is very well developed, I don't think it would be a better option than Ethereum.
Ethereum is still chosen by many people to invest anyway. I'm one of them, too.
The problem of transaction fees that exist on the Ethereum network is not a big problem for Ethereum so it has only a slight impact, because I myself was also surprised when Ethereum was able to rise in the market at a time when some people had left it because of fees and chose another for a cheaper fee.

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Kasabus
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May 06, 2021, 03:08:42 PM
 #200

I really don't think that we need to argue which one is better or not because we have also a different market preference. And we know also that both coins are having an important role in crypto.

We have a choice and I think we need to choose the one that could help me a lot without considering the price and transaction fee. I choose ETH because I was confident enough to hold this coin for many years and I see such potential to rally than BSC. And the other reason is that I know more about ETH, which seems to be an advantage when you are investing in a project.

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