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Author Topic: Polygon vs BSC  (Read 951 times)
CryptoATM
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October 04, 2021, 04:34:39 PM
 #121

Both BSC and Polygon network are good for the users but when it comes to potential that's on developers that tend to run their new projects on either one of the two, as for me ERC 20 became a turn off because of high gas fee if not ETH erc20 is better
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October 04, 2021, 04:44:25 PM
 #122

Both BSC and Polygon network are good for the users but when it comes to potential that's on developers that tend to run their new projects on either one of the two, as for me ERC 20 became a turn off because of high gas fee if not ETH erc20 is better
Every coin that has been very alive and growing through a platform and network that has been very well built, then all of them are still very good to use, regardless of the comparisons that can be made by anyone, what is clear is that BSC, Polygon and ERC20 are already very good things to do used according to their needs.
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October 04, 2021, 06:15:16 PM
 #123

I think contention happened as of now and what I've noticed a few undertakings presently began relocating to polygon organization. I mean binance was likewise contributing a great deal to the BSC environment as it has countless client bases. The developing organization choices that we have is stunning, they are offering a superior administrations and we merit it.
This is a natural thing, because indeed when talking about companies, both individuals and groups, I think the goal is the same thing, namely to seek as much profit as possible.
and indeed for polygon now the network is the cheapest after tron when compared to bsc and eth of course the gas will be different.
and of course the companies want to make a profit even in the amount of gas fees.
so it's very natural about this, but that doesn't mean bsc and eth are losing their fans. and it is precisely this that can be compared as they are competitors who provide services in exchange.
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October 04, 2021, 07:20:57 PM
 #124

now of course BSC. The matic network is hanging and has been delaying transactions for several days. Of course, I remember that there are a lot of transactions there, but this does not mean that the network should freeze.

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October 04, 2021, 08:10:55 PM
 #125

Matic and BSC are both performing well in this market. Polygon has not gained much popularity yet as much as BSC got. Currently due to low Fee in BSC and being potential. Many projects are coming up in BSC. Hopefully in the future we will see such a hype in Polygon.
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October 04, 2021, 08:20:06 PM
 #126

Currently, Polygon cannot compete with BSC because BSC still has many conveniences that people can get. However, I think currently BSC and Polygon are both in the good category. If time after time Polygon is able to provide the best, then in the future Polygon may be able to compete with BSC.
The advantage of Polygon at this time is the transaction fee is very cheap, but it still hasn't been able to make it more popular than the already popular BSC, so in general Polygon still needs time to shift the BSC so that new project developers can be more interested in using it Polygons later.
It's not enough to just rely on cheap transaction fees, but Polygon must have other conveniences so that people are interested in Polygon. I agree that Polygon needs time to continue to develop, but they must really work hard in providing the best because the opportunity for Polygon to become like BSC is still there.

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October 04, 2021, 08:27:27 PM
 #127

Currently, Polygon cannot compete with BSC because BSC still has many conveniences that people can get. However, I think currently BSC and Polygon are both in the good category. If time after time Polygon is able to provide the best, then in the future Polygon may be able to compete with BSC.

anything can happen, considering that polygons are currently in the spotlight, especially the low gas cost compared to BSC is an advantage of polygons, it's just that the popularity of BSC is still very superior, Polygon still needs to work a lot if it wants to compete with BSC in the future , there is a need for new polygon-based projects that can make investors comfortable to linger in them.
If only Polygon had several advantages besides gas costs which were cheaper than BSC such as the ease of swapping tokens, then I can assure you that many investors will switch to Polygon. But something like that would take a long time. That's why I say at this time Polygon can't compete with BSC.

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October 04, 2021, 08:45:03 PM
 #128

Matic and BSC are both performing well in this market. Polygon has not gained much popularity yet as much as BSC got. Currently due to low Fee in BSC and being potential. Many projects are coming up in BSC. Hopefully in the future we will see such a hype in Polygon.
Afaik both networks have low transaction fees and I think it doesn't have really huge difference, in my opinion why polygon has less popularity compared to BSC wasn't due to merely the fees instead of it was late for the "hype" moment.
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October 04, 2021, 10:49:38 PM
 #129

Currently we can see BSc platform but a lot has gone ahead. All the projects that we are currently seeing in the market are seen on the token BSc platform.But now the polygon matic The platform is moving forward a lot. Teams from various projects have now moved to the Polygon platform.However, it is not correct to say that everything is possible and nothing is impossible in cryptocurrency.
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October 04, 2021, 11:20:43 PM
 #130

How is Polygons potential in the future, can it rival with BSC?

I dont really into Polygon but since many altcoin has its own unique protocol and strong community, i believe all of them can compete each other.
My alternative for BSC at this time is ICX, even its not have so popular and not many project deployed, its now developing its BTP protocol, its like HTTP on internet but its on Blockchain, to connect Blockchain each other.

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October 05, 2021, 06:16:59 AM
 #131

I think competition happened as of now and what I've noticed a few ventures presently began relocating to polygon organization. It rung a bell, that this would presumably a solid rivalry between the two yet BSC was at that point a stablished network. Polygon is another undertaking, they need to demonstrate if their organization is superior to BSC or there is a one of a kind benefit of polygon network from BSC to beat BSC and it consumes a large chunk of the day.


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October 05, 2021, 09:05:45 AM
 #132

How is Polygons potential in the future, can it rival with BSC?

In terms of the popularity of polygons (Matic) Of course Polygon will soon compete with BSC. we can see for now because ethereum has high transaction costs, many have moved using the Polygon chain/network. Previously, BSC was a solution for cheaper transaction fees, but for now, Polygon is also the solution behind expensive transaction fees. this is what polygons compete with Bsc

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October 05, 2021, 10:52:32 AM
 #133

I see now a lot of token or coin projects that choose mainet with their own smart contracts,The good side is that the fees are cheap.but sometimes i wonder if they can be big like BNB or ETH due to many smart contracts? I think the bnb moment will not be repeated on matic

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October 05, 2021, 11:21:24 AM
 #134

I see now a lot of token or coin projects that choose mainet with their own smart contracts,The good side is that the fees are cheap.but sometimes i wonder if they can be big like BNB or ETH due to many smart contracts? I think the bnb moment will not be repeated on matic
the price for transactional actions in matic can be much higher if the price for it will not be 1 dollar as now, for example 10-20. Or in the long run for a few years or more, while not twisting the price of the transaction will buy more

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October 05, 2021, 11:52:01 AM
 #135

I want to give predictions about the future of polygon. I have made several transactions using this network. with only a little fee we have to spend to transact, of course this is the right choice for us at this time, even though it is still below the BSC.

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October 05, 2021, 12:29:26 PM
 #136

How is Polygons potential in the future, can it rival with BSC?

Polygons potential in the future is good, because transaction costs are cheaper than BSC, but regarding the selling price it may not necessarily provide the best value, to compete with BSC is not the target for now, what Polygons needs to do is provide maximum selling value for now, considering the current BSC is still quite stable and promising in the market, so to compete with them is quite difficult.

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October 05, 2021, 02:06:00 PM
 #137

Matic and Binance Smart chain, this both network is popular and its one of the main reason is their low transaction fees, high speed. But i personally like bsc network for my work.        
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October 05, 2021, 02:40:58 PM
 #138

How is Polygons potential in the future, can it rival with BSC?

Its all in promotion and popularity. BSC has a huge exchange and a whole ecosystem behind, that is why it gained traction. Polygon is for now just another potential blockchain, who will need to attract some real project on it if they want to get more users. The good think is, they have a lot of followers already, they just need to use that smart in their advantage.

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October 05, 2021, 07:45:02 PM
 #139

Matic and Binance Smart chain, this both network is popular and its one of the main reason is their low transaction fees, high speed. But i personally like bsc network for my work.        

Speaking of liking or in terms of work, I think it depends on our use, if we use the Polygon token then the Polygon network will be the solution, if we use the BSC token, the BSC network will be the solution. However both provide alternative benefits for certain tokens by using the Polygon or BSC network.
But the level of popularity, the BSC network is superior to Polygon . Because the BNB coin is superior to Matic, it is impossible for the two to be the same in popularity if there is a difference in advantage.

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October 05, 2021, 08:20:54 PM
 #140

Matic and Binance Smart chain, this both network is popular and its one of the main reason is their low transaction fees, high speed. But i personally like bsc network for my work.        

Speaking of liking or in terms of work, I think it depends on our use, if we use the Polygon token then the Polygon network will be the solution, if we use the BSC token, the BSC network will be the solution. However both provide alternative benefits for certain tokens by using the Polygon or BSC network.
But the level of popularity, the BSC network is superior to Polygon . Because the BNB coin is superior to Matic, it is impossible for the two to be the same in popularity if there is a difference in advantage.

BNB has that edge in terms of popularity and as a good alternative from ETH network. Matic though is also a good system if you study the structures, and like what you have said, everything will rely on how end users choose to use a network. So far, BSC is more used by those investors who are being disappointed with how high ERC fees were.

They find BSC as a good alternative so with developers who also aiming f0r interest from this kind of investors; they use BSC to continue
competing with the trend.

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