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Author Topic: ETH OR BSC  (Read 1623 times)
Joseph_2 (OP)
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November 13, 2021, 10:00:02 AM
 #1

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
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November 13, 2021, 11:09:47 AM
 #2

BSC already has its own fans, although one day the price of ETH gas will be cheap again, BSC will still stick with its fans. Just like what happened to ETH today, even though gas prices are getting more expensive, there are still a lot of users.
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November 13, 2021, 11:17:16 AM
 #3

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
It will just stay the same. That's even good if Ethereum's fee goes low and that's going to make everyone happy again that does most of their transactions in ERC20 tokens.
Since there have been many crossover chains and swaps for various tokens, it's actually a good thing for us because we can choose ETH or BSC and whichever is cheap on them, then that's what shall we choose.



 

 

 

 

 

 


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November 13, 2021, 11:29:24 AM
 #4

ethereum is actually the best option but some problems in gas fees make me a small trader who rarely uses dex swap to be helpless ,how can it be swapped when the loss is caused by gas fee and even from trading profits it's not enough to do it ,not only that the fee of sending from ethereum to ethereum is also high ! BSC is the second favorite after ethereum fee skyrocketed but right now it's the best ,I pick BSC

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November 13, 2021, 11:31:53 AM
 #5

I think it depends on each projects' innovation at the end of the day. If BSC stays just like that meanwhile Ethereum has much more utilities and advantages, I believe people will move to ethereum again. It's a challenge for BSC developers to step up their game cause they started from the unbearable gas fee of ethereum, then they need to have something else after ethereum back to their crown. I'm excited to see what will happen in the future with those two

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November 13, 2021, 11:33:27 AM
 #6

Etheruem gas is discouraging investors to transact using the platform which is bringing cluster of transaction to BSC or Tron. But hopefully after the volatility of this season , the rush on the etheruem platform will reduce and the fee too. My choice of transaction is etheruem but fees really going high.

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November 13, 2021, 12:01:50 PM
 #7

what do you think will happen once ethereum gas expense goes lower in close few months?
They may still back again to the ethereum or there was another alternative solution just like they will be using both of blockchain like bridged system. We are still waiting for the next update from ethereum to decrease the gas price. People could also issue their asset back again in the ethereum blockchain.


Will BSC confronted same destiny as binance DEX?
It will not. Binance dex was the different case. Ethereum and binance chain can co exist and it will never be confronted as the choice will depend on the developer itself.


Or BSC will stay the way better choice over ethereum?
BSC will always be a better alternative chain for ethereum. I should remind you that BSC was L2 solution for ethereum and it you didn't know what this mean and you can search it on google.

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November 13, 2021, 01:01:37 PM
 #8

BSC already has its own fans, although one day the price of ETH gas will be cheap again, BSC will still stick with its fans. Just like what happened to ETH today, even though gas prices are getting more expensive, there are still a lot of users.
The price of Gas transactions on ETH will never be cheap as long as the price of ETH is still very expensive and still has the potential to increase again in the future, for BSC I'm sure there will be many fans forever.

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November 13, 2021, 01:04:22 PM
 #9

We will see it later because if the ethereum gas can reduce, it could compete with bsc, and the old investors in ethereum will still prefer to use ethereum. Right now, BSC is a solution to cover the high fee of the transaction, but still, bsc is hard to compete with ethereum. But bsc has a bright future as the fee is not too high.
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November 13, 2021, 01:16:26 PM
 #10

The ethereum London hard forks was meant to solve the problem of high ethereum gas fees but until now high fees in still experienced in the ethereum network, this is the mijat reasons why many projects adopt smart chain for their projects and the fact that Binance is world leading exchange it smart chain become so popular.
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November 13, 2021, 01:34:40 PM
 #11

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
BSC will continue to be good for everyone and will continue to be used by the community as well as new project developers, because the BSC network is very mature in terms of growth and development, so this will have absolutely no effect when Ethereum Gas costs have become cheap again.



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November 13, 2021, 01:40:19 PM
 #12

When it comes to the better and the best choice between Ethereum and BSC, of ​​course most people will choose Ethereum, but because of the very high gas costs on Ethereum, many people are switching to BSC.

The answer is obvious, when Ethereum returns with normal gas costs, I'm sure many people will switch to Ethereum instead of BSC.

R


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November 13, 2021, 01:49:35 PM
 #13

It's not just the expensive transaction fees, it's also the traffic that became the issue and when users switched to BSC everything went well.
But now, it's the other way around. BSC seems to be having the same problem as Ethereum before. The congested traffic in their chain although it is still cheap. Fast and inexpensive, that is what most users like and delays are making them doubt the chain of one service.
I'd like to see Ethereum 2.0 to never have that same problem again and of course if it does, it will topple the competition against BSC.
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November 13, 2021, 02:02:48 PM
 #14

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Ethereum fees are increased for over transaction every time.  and Ethereum gas, on the other hand, has increased relatively little since the launch of Ethereum 2.0. But it will not be stable for long, maybe it will be reduced again in the next few days

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November 13, 2021, 02:04:52 PM
 #15

The ethereum London hard forks was meant to solve the problem of high ethereum gas fees but until now high fees in still experienced in the ethereum network, this is the mijat reasons why many projects adopt smart chain for their projects and the fact that Binance is world leading exchange it smart chain become so popular.
The use of the Binance smart chain is purely because of the low cost and the development team can also further save the problem of excessive costs through the BSC network or the Binance smart chain, so in general it is not a wrong choice and it is still a very wise choice for anyone to choose.

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November 13, 2021, 03:37:24 PM
 #16

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
I am on both, but for fees i think i pick on BSC. Especially nowadays there are a lot of tokens which created with a lot of variation of network. So people not only tied in ERC20 tokens only and can pick token which only need small fees to made transaction.

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November 13, 2021, 03:41:24 PM
 #17

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
it seems that if it happens that the ethereum platform can reduce gas costs, it is certain that there will be a change again where the ethereum platform will be used again. although that possibility seems to be difficult to realize, because once ethereum has a high price, it is certain that the effect of high costs is always unavoidable.

Likewise, if the binance platform with its support for the BNB coin will also increase, it will also be difficult to reduce the costs that will occur. everyone must experience an incident because the coin is already high, then another platform will arise that will replace it.

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November 13, 2021, 04:14:44 PM
 #18

If after a few months ethereum's gas fee is lower than BSC, then people will definitely go back to the ethereum network. The main reason for people to switch to BSC network was high gas fee of ethereum network. But then transaction speed will be an important factor.
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November 13, 2021, 04:22:23 PM
 #19

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Binance is actively funding many good startup project that can rival those Dapps on Ethereum. There's no reason why investors will leave Binance if they are already settle down. Maybe many people will invest more on Ethereum Blockchain but that doesn't they will leave BSC network at all. There's a lot of existing blockchain that splitting different kind of investors like Solana, Avalanche, Polkadot, Cardano and many more.

These blockchain will coexist no matter what happened because there's a VC and loyal investors that backing it.

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November 13, 2021, 04:35:52 PM
 #20

I am on both, but for fees i think i pick on BSC. Especially nowadays there are a lot of tokens which created with a lot of variation of network. So people not only tied in ERC20 tokens only and can pick token which only need small fees to made transaction.
Of course fee-wise BSC wins, even though in some far future ETH might be cheaper again. The question is also whether one wants a more centralized platform (BSC) vs a more de-centralized one (ETH)
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November 13, 2021, 04:46:09 PM
 #21

You should choose Ethereum all the way if fees isn't something you are worried about. Even if fees was an issue, go try some other coins, but wouldn't suggest the BSC network. Ethereum network has a better ecosystem, trusted by thousands of people, better security and decentralized. BSC has a shitty ecosystem and you will see most of the scam coins operate under the BSC network. And they claim to be decentralized, but if you do a little digging, you will see how centralized the exchange owned network is.

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November 13, 2021, 04:57:49 PM
 #22

Centralization is always a bad thing in crypto. While BSC isn't half-bad, as a community you guys should be thinking about more than just personal profits. Those of you who have been in crypto during this buulrun no longer have the excuse of "cheap transactions".

There are plenty of cheap transactions available in other Alt-chains that are not Binance. Binance is leveraging the usage and users of its CEX to proliferate its DEX as well as manipulate the system by listing coins from BSC. This presents a huge centralization problem. Something like this would have been corrected through the ethos of the collective in case of Bitcoin.

Unfortunately, there is no ethos except money in case of Alt-coins.

If you guys don't seriously start thinking like this, there is not going to be much competition left and not much yield left for anybody for long. So if you have to choose between ETH and something else, atleast go try some L2s like Optimism, Arbitrum or just use some other Alt-chain like AVAX or FTM.

Most importantly, don't you guys get bored with more of the same?
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November 13, 2021, 05:11:34 PM
 #23

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Nothing will happen, people will continue to use bsc because it provide equal service as eth network, it is always good to have different options, eth can not be the only smart contract network, other network should be able to provide the service too, the space is big enough for both chain exist.
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November 13, 2021, 07:09:24 PM
 #24

You should choose Ethereum all the way if fees isn't something you are worried about. Even if fees was an issue, go try some other coins, but wouldn't suggest the BSC network. Ethereum network has a better ecosystem, trusted by thousands of people, better security and decentralized. BSC has a shitty ecosystem and you will see most of the scam coins operate under the BSC network. And they claim to be decentralized, but if you do a little digging, you will see how centralized the exchange owned network is.
You could also see a lot of projects are not decentralized outside of ETH and BSC as well as in them too. Like SOL literally frozen their system for a while and then restarted it, that is the most dangerous thing in all of crypto and people are not even phased by it. So, decentralization is a very important thing but we do not care about it anymore at all unfortunately, so many projects are centralized like crazy these days.

Plus, if it is the scam you claim to worry about, there are thousands of scams in ETH as well, or simply projects that creators build to get rich and they do not care about anything else. I am not saying that BSC is better, all I am saying is just because we prefer one, doesn't mean we should diminish the other one. I would say something like "ETH is better for me but BSC is not bad either" as a way to get around this problem.
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November 13, 2021, 08:50:34 PM
 #25

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I guess nothing with happen though, BSC has established itself already to be one good project and has proven it has many advantages on ETH not just the gas fees. So many new and current projects are switching to their main net.

So if ever the gas fee of ETH goes down, I don't think that there will be a shift of power again. Again, BSC has proven itself already, it has many developments on the pipeline and I doubt that ETH can match BSC's cheap price.

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November 13, 2021, 10:57:30 PM
 #26

BSC is already a home for many NFT projects and even if the gas in ETH has reduced significantly in the future i’m sure that BSC could hold its standing pretty well.
The NFT projects that are already in BSC will not move over to ETH just because the gas has reduced there’s always chance that the gas could be increasing again anytime when it comes to ETH, even right now it’s fluctuating a lot, it could be very cheap and in the next hour it could be very costly.
The fate of BSC when ETH has finally fixed its gas fluctuation will also be the same as other similar platform basically could also hold on quite well. The worst case scenario is the newer NFTs will not be using BSC anymore and move back again to ETH but even so, there will always some that will still use BSC considering that BSC itself was made by binance to increase the chance of having relationship with binance to basically boost the fame and recognition although it’s just a marketing strategy. BSC will stay as a better choice over ethereum blockchain.

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November 13, 2021, 10:58:57 PM
 #27

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

The major reason to use BSC right now is for the fees.

However, when ETH2.0 comes about there may not be that advantage left anymore.

I would hold a mixture of both, but honestly I would still put the majority of my position into ETH in anticipation for ETH2.0 to come out. Plus BSC is still a bit more centralized compared to ETH which makes me less willing to hold it.

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November 14, 2021, 05:23:37 AM
 #28

When the fee from Ethereum changes to lower, there will probably be a lot of new erc20 projects, but that doesn't mean there won't be new projects on the Bsc chain, both of them have their advantages and disadvantages; which one is better? I will go for erc20 if the eth gas goes down.
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November 14, 2021, 05:47:39 AM
 #29

Of course fee-wise BSC wins, even though in some far future ETH might be cheaper again. The question is also whether one wants a more centralized platform (BSC) vs a more de-centralized one (ETH)
It is a long hope to expect that Ethereum fees will be lower ever again, they are planning radical changes which is a high risk move changing the consensus mechanism and you never know what all bugs we will encounter, despite these changes i do not believe that the issues will be sorted. The solution is having multiple chains and everyone sharing the load so that the network does not get congested.
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November 14, 2021, 05:58:34 AM
 #30

When the fee from Ethereum changes to lower, there will probably be a lot of new erc20 projects, but that doesn't mean there won't be new projects on the Bsc chain, both of them have their advantages and disadvantages; which one is better? I will go for erc20 if the eth gas goes down.
I will still use both when the Gas cost on Ethereum has started to fall again, because for now I still prefer to use BSC and Polygon even though it's not to hate ETH, it's just to avoid the problem of excessive fees when transacting.

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November 14, 2021, 10:54:54 AM
 #31

When the fee from Ethereum changes to lower, there will probably be a lot of new erc20 projects, but that doesn't mean there won't be new projects on the Bsc chain, both of them have their advantages and disadvantages; which one is better? I will go for erc20 if the eth gas goes down.
there is a fairly interesting story that has been heard so far, that if a project on the ethereum platform will usually make coins always valuable compared to other platforms. so don't be surprised if gas costs can be reduced, many will return to the ethereum platform.

but the big question is, is it possible with the already high price of ethereum then he will sacrifice calculations by making gas costs cheaper? it seems the law is always where the price is already high the cost will come along too.

I will still use both when the Gas cost on Ethereum has started to fall again, because for now I still prefer to use BSC and Polygon even though it's not to hate ETH, it's just to avoid the problem of excessive fees when transacting.
it looks like you will continue to use other platforms, because with ethereum already high it is unlikely that they will be able to reduce gas costs. no one wants to suffer losses and want to continue to be able to get those profits. as well as other platforms will also experience the same dilemma if the supporting coin has reached a high price.
Of course all of that can't be avoided because the price is already quite high

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November 14, 2021, 04:14:57 PM
 #32

ethereum is actually the best option but some problems in gas fees make me a small trader who rarely uses dex swap to be helpless ,how can it be swapped when the loss is caused by gas fee and even from trading profits it's not enough to do it ,not only that the fee of sending from ethereum to ethereum is also high ! BSC is the second favorite after ethereum fee skyrocketed but right now it's the best ,I pick BSC

Yes, you are absolutely right. I am agree with you. Ethereum is the best option but the gass fee is the major problem. But the bsc is now very good for its gass fee.So,i also support bsc.

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November 14, 2021, 06:40:57 PM
 #33

BSC already has its own fans, although one day the price of ETH gas will be cheap again, BSC will still stick with its fans. Just like what happened to ETH today, even though gas prices are getting more expensive, there are still a lot of users.

I can only assume that currently only traders with large working capital use DEX on the Ethereum blockchain. The profit that could replenish the trader's wallet, almost all goes to pay the commission. Therefore, now alternative blockchains have priority for users due to the low commission.

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November 14, 2021, 07:22:50 PM
 #34

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Binance Dex and BSC are from the same source, namely Binance, but BSC is superior to Binance Dex. BSC is a blockchain similar to the Ethereum blockchain. The transaction method is also easier and you can still use the same wallet. We can still use the MEW wallet to receive BSC tokens just by changing the mainnet system. Whereas Binance Dex is a separate blockchain, only the dedicated Binance Dex wallet can accept the token.
If Ethereum transaction fees return to normal, will Binance Smart Chain die as it did with Binance Dex?
Binance Dex died while Ethereum transaction fees were still very low. So the loss of crypto users towards Binance Dex has nothing to do with Ethereum. Of course the fate of BSC is much different from Binance Dex. When the BSC Blockchain was developed, and interest was increasing, it was still at a time when Ethereum transaction fees were low. Then the users grew even more after the Ethereum blockchain transaction fees increased. We can see that every token developed now and before is also available in BEP20 and ERC20 versions, meaning that the combination of these two blockchains makes BSC even stronger.
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November 14, 2021, 10:06:46 PM
 #35

For now, I prefer the Bsc network for cheap fees and speed. When the gas returns to normal in the eth network, I start using the eth network. Currently I do not approach the eth network unless I have to. Actually, apart from this difference, there is not much difference between the two networks because it is a network similar to ethereum bsc network.
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November 14, 2021, 10:12:51 PM
 #36

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

We can't be 100% sure what will happen, but in my opinion the popularity of BSC will decline. If the Ethereum 2.0 launch proceeds without any nasty surprises, I think the eyes of the whole crypto world will turn to ETH. Of course, it all depends on whether the transfer fees will drop to a level like BSC. If transfer fees do not go down, BSC will continue to grow very fast.

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November 14, 2021, 10:32:23 PM
 #37

I do not think that the demand for the bsc network will decrease. Because binance turned this gas fee event into a very good opportunity and made a very good move. Many projects have started to join its structure and it has provided a good place for itself in this market. The drop in the ETH gas price will only allow people to trade more comfortably. Other than that, I don't think there will be a loss of the BSC network, frankly.
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November 15, 2021, 04:01:57 AM
 #38

New projects don't have the time to wait for Ethereum Devs to sort out their expensive network transaction fees issue even old projects on ETH Blockchain are migrating to BSC and Polygon Matic etc., so that investors and user base can remain and also expand.
I think ETH Devs are enjoying the rewarding transaction fees otherwise they would have solved that problem long ago, I have lots of token in my Ethereum wallet that are not profitable to sell because of the gas fees.
By the time ETH Devs decided to fix the problems, I hope it won't be too late for them.

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November 15, 2021, 04:27:16 AM
 #39

for me the reasons for the questions is so simple that i think the cause why most people currently more prefer use BSC than ETH not always stuck to the transactions fees itself and it because there are so many projects tokens based on BSC network and people can get more benefit and money from it so it is all about the trend and i must to admit that the current trend is BSC and the tokens based from it
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November 15, 2021, 05:14:45 AM
 #40

in my opinion, both have different characteristics and it could be a habitual factor that will make people choose ethereum or bsc. currently the main factor is that it is on ethereum because the costs are already very high so it is certain that there will be many complaints about this. the possibility that it will be able to make costs go down will experience its own problems because ethereum is already of high value.

but not for bsc, because BNB as a support is still at a price that can be suppressed because the price is still relatively affordable. but what if BNB has increased high then binance can also provide a cheap price? looks like they will be constrained like ethereum.
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November 15, 2021, 05:39:30 AM
 #41

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
I foresee trades on Pancakeswap going to $5 soon. That's just the way L1s go unless they implement L2s or sharding like Ethereum and NEAR protocol. Fortunately there is a BSC bridge to NEAR coming Q4 so I can move all of my funds to Ref Finance to trade rather than pancakeswap. Both AMMs have similar pool reward APY.
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November 15, 2021, 06:09:25 AM
 #42

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
BSC fees already be good alternative when ETH fees be a problem for users. But i think although ETH fees goes lower, wouldn't affect much because nowadays mostly project is use BSC network or any other network like MATIC network. But ETH will still be favourite for some people include me because in crypto i seen it for long time in market.

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November 15, 2021, 06:37:52 AM
 #43

Now the choice is obvious, the lowest cost of transfer of money, promising projects using it. Ether is now too expensive for investment work with him, although many people expect to continue his explosive growth after the commission of Protocol 2.0.
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November 15, 2021, 04:57:34 PM
 #44

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
BSC fees already be good alternative when ETH fees be a problem for users. But i think although ETH fees goes lower, wouldn't affect much because nowadays mostly project is use BSC network or any other network like MATIC network. But ETH will still be favourite for some people include me because in crypto i seen it for long time in market.
When we talk about the two networks between BSC and Ethereum both have their respective advantages and disadvantages,
Until now, BSC has indeed low transaction fees, besides that, as you said, many projects use the BSC network

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November 16, 2021, 05:56:40 PM
 #45

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Binance Smart chain has a big ecosystem that is comparable to Ethereum, so I think that even when Ethreum’s transaction fees will be decreased, BSC will still be popular as there is a big variety of projects that don’t give in to defies on Ethereum. What is more success of BSC is also associated with growth of Binance exchange, that is the best CEX with a lot of activities and opportunities to make money.

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November 16, 2021, 09:21:50 PM
 #46

I think BSC has stand it chance right now, because almost all new project target BSC SmartChain, because it's easy and affordable to traders. But Ethereum gas fee has made people to trade BEP-20 token so as to take the little profit they have, not to be consumed by Gass fee of Ethereum.

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November 16, 2021, 09:33:46 PM
Merited by The Sceptical Chymist (3)
 #47

How do you know ETH gas fees will be lower in near few months? I don't think it will happen soonTM, so I believe BNB's rise will go on in next couple of months. Even if they fix ETH gas fee problem it won't be near as BNB's low fees. People get tired over 100$ swaps so they switch out. ETH swap fees won't be 1$ anytime.

In October 2021 the Ethereum fees are around $49 million per day and for this about 1300 transactions were made. Ethereum transaction fee (Average transaction fee in USD) - Source: https://bitinfocharts.com/comparison/ethereum-transactionfees.html#1y

I have made trades on both chains in the last days and it is an extreme difference. I will only use bsc in the future when I have the choice. A current comparison:

Binance Smart Chain Gas Tracker
Standard / 5 Gwei / (30-60 secs)
Fast / 5 Gwei / (10-30 secs)
Rapid / 5 Gwei / (5-10 secs)

Ethereum Gas Tracker
Low / 154 gwei | ~ 10 mins
Average / 155 gwei | ~ 3 mins
High / 155 gwei | ~ 3 mins

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November 16, 2021, 09:59:08 PM
 #48

Now the choice is obvious, the lowest cost of transfer of money, promising projects using it. Ether is now too expensive for investment work with him, although many people expect to continue his explosive growth after the commission of Protocol 2.0.
I think it depends on what exactly you're looking for. In terms of speed and cost, bSC is by far the best option.

Ethereum of course is good because it is everywhere so you're not limited on its usage but gets short when it comes down to interacting with any ETH smart contract. Most DeFi is still largely ETH based, something BSC and other network is trying to improve on.

So whether you go for BSC or ETH, it is simply a circumstantial choice, there are ups and downs with each - nothing is yet perfect (we're getting there, slowly).
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November 17, 2021, 09:54:38 PM
 #49

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
The possibility of lowering the cost of gas against Ethereum will create new difficulties for the binance smart chain, but it doesn't make binance suffer the same fate as binance DEX, Binance thrives on being widely supported by many smart chains for large projects, so it's unlikely that binance will suffer the same thing with binance DEX, but the cost of ethereum gas which is getting cheaper is the best solution and choice for people to transact.

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November 17, 2021, 10:58:03 PM
 #50

I will go with bsc network anytime of the day.Cant afford to spend lots of money for transportation.The bsc network has a very low transaction fee compared to the ethereum network .I used to spends hundred of dollar swapping my altcoins that are under the ethereum network.Most of my assets are now those under bsc cause I can't handle the fees anymore.

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November 17, 2021, 11:43:30 PM
 #51

Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Maybe I'm very pessimistic if gas on ethereum will go down but if gas on ethereum goes down then it's likely that some project developers will reconsider using the ethereum platform to create their new projects but with gas prices on BSC being cheap so far even though BNB prices are rising fast it probably won't like DEX on binance.

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November 17, 2021, 11:49:44 PM
Merited by The Sceptical Chymist (3)
 #52

The gas fee of the Ethereum network will commonly rise up again whenever the price of Ethereum itself is rising up significantly and altcoins price especially under the Etheruem network is also increasing.
More crowded the transactions, the gas will be rising up.
And this will also happen after the next bear market to head up the bullish era. In such a previous cycle, the gas will be lower but t will be rising up again.
And this always becomes the main problem of ethereum network, with very high fees, even more than $100 for only transaction fees when we are going to transfer ERC20 tokens in a certain amount.
If BSC can maintain its lower fees whatever the condition, even in high or low prices, it seems that BSC will still have its fans to stay using the network. 

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November 18, 2021, 03:33:21 AM
 #53

All advantage of BSC compared to ETH is the price of transactions. There is nothing else. If ETH will be more accessible then it will be hard to catch up.

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November 18, 2021, 03:42:24 AM
 #54

For me, the choice is obvious - the BSC. Fast and cheap transactions, rich ecosystem and many projects including NFT and DeFi. Quickly create a smart contract that you don't have to pay thousands of dollars for. The game is played by the number one BSC in the world. I would pose the question BSC or DOT or Solana?

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November 18, 2021, 06:33:26 AM
 #55


If one day the ETH gas fee starts to decrease, then the BSC fee rate will follow it and become much cheaper. Smiley
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November 18, 2021, 08:00:45 AM
 #56

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

ETH blockchain is still more popular since there are a lot of major projects build on it. Right now, BSC  still has only two coins on top 100 market cap (if we don’t count BNB and BUSD) GRT and CAKE.
To be honest, BSC is exciting right now mostly because of meme coins which can bring you quick fortune of quick liquidation. I am sure after the hype is over and ETH gas goes down, ETH will gain popularity back.

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November 18, 2021, 08:40:33 AM
 #57

If you want to make a profit, you can use both ethereum and bnb. But if you want to send your funds, you can use bsc because bsc offers a low fee and fast confirming transactions. Maybe ethereum can do that in the future after they finish solving the cost of the fee. Hopefully, bsc will still grow no matter if the ethereum fee can reduce in the future because many new projects are now using smart contracts in the bsc network.

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November 18, 2021, 10:05:37 AM
 #58

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
See the statistics of Ethereum Level 2 solutions.
https://l2beat.com/#about
https://polygon.technology/stats/
L1 Ethereum is very expensive for small transfers, but large fees are not a problem for large players.
But the Ethereum ecosystem has a much higher potential than the binance smart chain. Although the interface is the same and the only difference is the coins, which are used to pay the commission.

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November 18, 2021, 12:56:07 PM
 #59

If you want to make a profit, you can use both ethereum and bnb. But if you want to send your funds, you can use bsc because bsc offers a low fee and fast confirming transactions. Maybe ethereum can do that in the future after they finish solving the cost of the fee. Hopefully, bsc will still grow no matter if the ethereum fee can reduce in the future because many new projects are now using smart contracts in the bsc network.
I'm pretty sure BSC will continue to grow even as fees for ethereum decrease. however, currently BSC seems to dominate over the use of ethereum because ethereum fees are very high.
however, I agree that it would be very easy if we were flexible and used both. Personally, I tend to use BSC at the moment, but if there's some thing that ethereum needs to be used for, I'll use that too.

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November 18, 2021, 01:09:54 PM
 #60

how low the cost of etherium gas is, I'm not sure the cost of eth gas will be lower than bsc but even if the costs involved in handling both networks are the same, BSC will continue to grow due to several advantages and support from BSC users

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November 18, 2021, 01:58:17 PM
 #61

Currently BSC network transaction gas fee is too low than ETH. Ethereum transaction gas is very high right now.BSC will continue to grow. I Think ETH they will solve their problemes and wil be development and update ETH 2.0.For me,I'm usually using BSC now and many project use the BSC.
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November 18, 2021, 02:19:13 PM
 #62

All advantage of BSC compared to ETH is the price of transactions. There is nothing else. If ETH will be more accessible then it will be hard to catch up.

Recently, due to the increased load of the Balance Smart Chain, transactions in this network are becoming slower. Accordingly, those who want to shorten the transaction time increase the commission, which entails a higher transaction cost. But even in this case, the transaction price in BSC remains a thousand times lower than in the Ethereum network.

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November 18, 2021, 02:31:32 PM
 #63

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

ETH is still the king of decentralized blockchain and DEFI.
The only reason why BSC gained such popularity is the abnormal gas fee's. In essence, BSC is a bad copy of ETH mainnet
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November 18, 2021, 07:48:07 PM
 #64

Currently BSC network transaction gas fee is too low than ETH. Ethereum transaction gas is very high right now.BSC will continue to grow. I Think ETH they will solve their problemes and wil be development and update ETH 2.0.For me,I'm usually using BSC now and many project use the BSC.
If you look at the number of transactions between the two, then BSC has the upper hand for now, but this is not just talking about the value of the gas that the two produce, the two coins have different networks, and strangely both are able to be in a pretty good position at the moment in crypto, ETH has shortcomings in terms of gas transactions, while BSC is the opposite, and almost all development projects use BSC at this time, that's why BSC is considered to be growing.

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November 18, 2021, 09:29:36 PM
 #65

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

The only reason why people are using BSC is because of the current gas fee problems with ETH.

I don't think that once this is resolved with ETH2.0 that BSC adoption will continue on its current trajectory.

Plus, a lot of the use cases of BSC is for meme tokens which is not necessarily going to be around in a few years (or months).

Smiley
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November 18, 2021, 09:48:39 PM
 #66

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

The only reason why people are using BSC is because of the current gas fee problems with ETH.

I don't think that once this is resolved with ETH2.0 that BSC adoption will continue on its current trajectory.

Plus, a lot of the use cases of BSC is for meme tokens which is not necessarily going to be around in a few years (or months).
Shit projects on BSC will ruin its reputation just like what happened before with ERC20 where almost the new project are scam so technically BSC will experience this later on. Yes, the problem with ETH is the fees though its normal that its congested but its not normal to pay such huge fees.
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November 18, 2021, 11:45:03 PM
 #67

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

The only reason why people are using BSC is because of the current gas fee problems with ETH.

I don't think that once this is resolved with ETH2.0 that BSC adoption will continue on its current trajectory.

Plus, a lot of the use cases of BSC is for meme tokens which is not necessarily going to be around in a few years (or months).
Shit projects on BSC will ruin its reputation just like what happened before with ERC20 where almost the new project are scam so technically BSC will experience this later on. Yes, the problem with ETH is the fees though its normal that its congested but its not normal to pay such huge fees.
Both of them Are good coin. But ETH has more expensive fees. and Yeah, we always see scam token on bsc day by day, they take an advantage with bsc's low fees to attract the investor. In bsc, we always find scam Coin, shitcoin and meme Coin everyday. We can find those Coins too in ETH, but the investor Will think Twice because of ETH's high fees.
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November 19, 2021, 12:56:07 AM
 #68

If you want to make a profit, you can use both ethereum and bnb. But if you want to send your funds, you can use bsc because bsc offers a low fee and fast confirming transactions. Maybe ethereum can do that in the future after they finish solving the cost of the fee. Hopefully, bsc will still grow no matter if the ethereum fee can reduce in the future because many new projects are now using smart contracts in the bsc network.
I'm pretty sure BSC will continue to grow even as fees for ethereum decrease. however, currently BSC seems to dominate over the use of ethereum because ethereum fees are very high.
however, I agree that it would be very easy if we were flexible and used both. Personally, I tend to use BSC at the moment, but if there's some thing that ethereum needs to be used for, I'll use that too.
I also use BSC at the moment because I want to avoid paying the high fees in ethereum. People like us prefer to save our ethereum and hold it to make a profit in the future because we want to maximize our profit in ethereum. But BNB price itself can continue to rise so that can make BSC grow in use. But in the future, as crypto becomes more developed, ETH and BSC can get more competition from the other projects because the fee is the concern from people when they want to make a transaction.

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November 19, 2021, 01:29:27 AM
 #69

Basically I always see profit from ethereum and bnb so diversification is necessary for me as that is what i believe in this market.
It's unnecessary to try to compare which one is better because the facts that are happening tell us that. Maybe ethereum is not attractive to new entrants but think about what you are looking for in this market, things in this market are not as smooth as we see crazy bullish coins. Crazy, instead experience with it, you will know satisfaction and accept the risks that come with it.

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November 19, 2021, 02:04:30 AM
 #70

If you want to make a profit, you can use both ethereum and bnb. But if you want to send your funds, you can use bsc because bsc offers a low fee and fast confirming transactions. Maybe ethereum can do that in the future after they finish solving the cost of the fee. Hopefully, bsc will still grow no matter if the ethereum fee can reduce in the future because many new projects are now using smart contracts in the bsc network.
I'm pretty sure BSC will continue to grow even as fees for ethereum decrease. however, currently BSC seems to dominate over the use of ethereum because ethereum fees are very high.
however, I agree that it would be very easy if we were flexible and used both. Personally, I tend to use BSC at the moment, but if there's some thing that ethereum needs to be used for, I'll use that too.
I also use BSC at the moment because I want to avoid paying the high fees in ethereum. People like us prefer to save our ethereum and hold it to make a profit in the future because we want to maximize our profit in ethereum. But BNB price itself can continue to rise so that can make BSC grow in use. But in the future, as crypto becomes more developed, ETH and BSC can get more competition from the other projects because the fee is the concern from people when they want to make a transaction.

Ethereum has been in the crypto industry for quite some time, so now there are more Ethereum users than BSC. But slowly BSC is growing and
starting to be able to compete with Ethereum. If Ethereum doesn't fix the high gas fees problem soon, it's likely that more and more Ethereum
users will start switching to BSC. Competition between Ethereum and BSC is necessary so that they can compete to provide the best for their users.
In addition, it is very likely that other competitors will appear, seeing the crypto world becoming increasingly popular in the world, there will always
be people who want to create something better than Ethereum and BSC.

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November 19, 2021, 03:53:14 AM
 #71

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

It depends. Choose based on what you think will be convenient for you.

For now, I'm with BSC because of fees. I will use ETH again if there's a solution now for their insane fees.

If ETH gas will be lowered, same as usual, no need to use BSC as an alternative especially for ERC20 token transfers. It doesn't mean BSC users will decrease since there are now lots of users who are using the BSC network that didn't have experience of using ETH transactions.

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November 19, 2021, 06:41:26 AM
 #72

what do you think will happen once ethereum gas expense goes lower in close few months?
I have been waiting for eth gas fees to go lower but looks like this will not happen soon until eth shift to POS aka eth 2.0. The recent upgrade eip 1559 promise to solve eth gas fees but what happened is the opposite gas fees recorded even higher than before implementation, imagine trading in Dex for $250 fees crazy. Both BSC and Eth have huge userbase but like OP said once Eth fees it goes lower this will actually attract to BSC projects to finally shift to eth again, network security, efficiency and a more decentralized nature of eth will some of the reasons I think why eth will be more dominant over BSC chain.

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November 19, 2021, 07:04:09 AM
 #73

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I have to admit, that i also use the binance smart chain at the moment whenever i can and i even bridge most erc20 tokens that i have to the bsc chain because i don't have that big amounts and it is just not worth it to do anything with them on the eth chain on the ethereum chain because of the high gas fees. So most of my erc20 tokens are just laying around in my wallet doing nothing even though i could stake them for some additional free bucks. I hope the fees of eth go down in the near future again.
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November 19, 2021, 07:57:52 AM
 #74

Its interesting to me that BSC fees have even gotten this far. To be fair, yesterday they had their most transactions but that goes to prove the fees go way up when the books are jammed. Both are gonna get much more expensive in my eyes and the fees will also increase likewise.

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November 19, 2021, 12:12:16 PM
 #75

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

BSC is never as decentral as ETH. And I doubt it will ever be. It is semi decentralised and could prove to be vulnerable for attacks. However, looking away from that aspect alone, it is waaay cheaper than ETH when it comes to transaction fees. Even if ETH finally catches up, I doubt it will ever have fees as low as BSC and by the time its newest updates bear fruit, there will be better alternatives to ETH. So I do not see ETH having much of a future, or at least not having a future which is a sucessful as it was before. But things remain to be seen. I might be wrong. Undecided

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November 19, 2021, 01:24:47 PM
 #76

Ethereum is a very good decision to invest solely and specifically in the long term but Ethereum Blockchain is by no means an acceptable choice in any trading, transaction.  BSC performance outstanding really great in all respects.
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November 19, 2021, 01:30:15 PM
 #77

Of course BSC, the reason for gas transactions is the most important thing for me, and since gas is expensive then I always switch to other coins such as BNB or TRX, if expensive gas can't be overcome then I'm sure in 2022 ETH will come out of the top 10, Solana, BNB and Polygon will shift ETH.



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November 19, 2021, 01:45:49 PM
 #78

If you look, many people are starting to move away from ETH now. The main reason is their fees. Now BSc is keeping their fees low. All the projects are running towards them.  But many are trying to find out if ETH will solve it. If not solved then BSc will be in the market as second best

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November 19, 2021, 01:52:03 PM
 #79

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

There is weakness for ETH all time by crypto lovers as its best alt token in market but people are now out of ETH just for gas fees. Its natural that people or investors search benefit all time and now BSC transaction free are cheaf and easy to transact so that people moved to BSC chain. But if ETH come just like previous, no doubt that people will move to ETH platform again and me also. Grin
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November 20, 2021, 04:27:17 AM
 #80

Ethereum has been in the crypto industry for quite some time, so now there are more Ethereum users than BSC. But slowly BSC is growing and
starting to be able to compete with Ethereum. If Ethereum doesn't fix the high gas fees problem soon, it's likely that more and more Ethereum
users will start switching to BSC. Competition between Ethereum and BSC is necessary so that they can compete to provide the best for their users.
In addition, it is very likely that other competitors will appear, seeing the crypto world becoming increasingly popular in the world, there will always
be people who want to create something better than Ethereum and BSC.
The competition between ETH and BSC has become tight because ETH is still trying to lower the fee gas, which will be the main problem for ETH, while BSC has a low gas fee that makes BSC can benefit the users to save their cost. If ETH can lower the fee gas, it will have a big chance to beat BSC as many people already know that ETH has a big potential to grow higher in the future.

But for this time, BSC can solve the gas fee problem so the investors use ETH for their investment and BSC to send the tokens.

Yes, in the future, there will be new competitors who offer better services than ETH and BSC and that can make the investors also use them to compare the advantages and disadvantages.

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November 20, 2021, 05:34:13 AM
 #81

If you look, many people are starting to move away from ETH now. The main reason is their fees. Now BSc is keeping their fees low. All the projects are running towards them.  But many are trying to find out if ETH will solve it. If not solved then BSc will be in the market as second best
The average use of the ETH network today is a large number of traders and investors because it is no longer suitable for those who only use $100 on the ETH network, and this is a very large cost effect that makes small traders have to stay away from ETH in the future at the moment.

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November 20, 2021, 05:43:10 AM
 #82

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Used to love Ehereum and was expecting that they will forever charge less fee than or compared to Bitcoin three or four years ago I can send hundred dollars worth of coins that are Ethereum based for only 10 to 50 cents and this is what makes Ethereum based token the most in-demand for developers, never could imagine that Bitcoin and Ethereum will trade place, just the other day I traded Bitcoin for less than 1 dollar and Ethereum charges up to $20 fees, right now Binance smart chain is the best pick to trade because of fee and transaction fee, I don't know if one day they will also trade place.

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November 20, 2021, 05:47:16 AM
 #83

The competition between ETH and BSC has become tight because ETH is still trying to lower the fee gas, which will be the main problem for ETH, while BSC has a low gas fee that makes BSC can benefit the users to save their cost. If ETH can lower the fee gas, it will have a big chance to beat BSC as many people already know that ETH has a big potential to grow higher in the future.

But for this time, BSC can solve the gas fee problem so the investors use ETH for their investment and BSC to send the tokens.

Yes, in the future, there will be new competitors who offer better services than ETH and BSC and that can make the investors also use them to compare the advantages and disadvantages.

The high gas fees of ETH became the biggest drawback of this blockchain and it's also the reason why if ever I have to transact my asset as long as there is another way than dealing with the high gas fee I would probably choose the low gas fee like BSC. Ethereum is a good token and everyone see's the true value however due to this drawback BSC see's the disadvantage of the blockchain and took it as the opportunity to improve the usecase of project which also many crypto users benefits most. I do believe also that in the future there will be new or many competitors that will rise and will offer the services that was a disadvantage of the old blockchain.
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November 20, 2021, 07:48:00 AM
 #84

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Very nice question, See ETH is 4 yr old to BSC but ETH is GROOT So both are doing well but ETH is GROOT !
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November 20, 2021, 08:05:03 AM
 #85

I'm confused with my ERC20 tokens I have, if the total value is around $2500 (spread around 22 tokens), between 2015 and 2018 I actively invest in ICOs and earn with airdrops, when I become a participant in airdrops I automatically get tokens, after being inactive almost 3 years many tokens that used to be worthless have now become expensive, such as Monaco Card (Crypto), ETH Lend (AAVE), Chainlink, Loopring, Fantom and so on, unfortunately the transfer fee is between $80 to $130, especially if ETH Lend migration to AAVE takes up to $280.
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November 20, 2021, 09:31:49 AM
 #86

Neither, its avalanche now. just hit ATH https://www.coingecko.com/en/coins/avalanche
traderjoe is the cake, and its only starting out https://www.coingecko.com/en/coins/joe
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November 20, 2021, 03:57:28 PM
 #87

I think if the fee from ETH can be as cheap as the fee from BSC, people will still be in their choice, for example, myself. As a trader I will use any network to do so as long as it's still worth it, so it doesn't matter if I trade or move assets within the above network.
There is a positive thing if the ETH fee becomes cheap : we have many options in transacting.
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November 20, 2021, 06:00:36 PM
 #88


The average use of the ETH network today is a large number of traders and investors because it is no longer suitable for those who only use $100 on the ETH network, and this is a very large cost effect that makes small traders have to stay away from ETH in the future at the moment.
Yes, ETH is no longer for small business. Maybe ETH doesn't like small business anymore.lol

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November 20, 2021, 06:11:44 PM
 #89

If you look, many people are starting to move away from ETH now. The main reason is their fees. Now BSc is keeping their fees low. All the projects are running towards them.  But many are trying to find out if ETH will solve it. If not solved then BSc will be in the market as second best
many leave because some of them have a budget that may be small and this does not suit eth. Even the last time I made a transaction there with gas costs only up to $120 and this is already very large and of course small traders avoid this.
Regardless of anything, I think this ETH gas will continue to be a never ending problem because even though ETH 2.0 and London Hardfork are expected to solve this problem, no action has been heard until now.
it is very difficult to make them lower their gas because their prices are getting bigger and bigger and of course the gas will be affected even more

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November 20, 2021, 06:19:00 PM
 #90

We can't compare Ethereum with Binance. Ethereum is a much more established, advanced and proven blockchain. BSC currently has quite a fan base, but none of us can fully trust it. I think Ethereum will one day be the leader of this market but BSC may not be able to hold its ground.

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November 20, 2021, 07:45:04 PM
 #91

We can't compare Ethereum with Binance. Ethereum is a much more established, advanced and proven blockchain. BSC currently has quite a fan base, but none of us can fully trust it. I think Ethereum will one day be the leader of this market but BSC may not be able to hold its ground.
If today we make a small survey of ethereum trading with BSC, then BSC is definitely the winner, even though the ethereum blockchain is much better and sophisticated, the transactions involving BSC are quite large for now, even BSC has a fairly high level of trust , only because of the small transaction gas fees, when compared to Ethereum, but for other advantages ethereum is still at the number two crypto position.

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November 20, 2021, 08:49:22 PM
 #92

If today we make a small survey of ethereum trading with BSC, then BSC is definitely the winner, even though the ethereum blockchain is much better and sophisticated, the transactions involving BSC are quite large for now, even BSC has a fairly high level of trust , only because of the small transaction gas fees, when compared to Ethereum, but for other advantages ethereum is still at the number two crypto position.

As I previously assumed, when the BSC network is more loaded, the commissions in this network will also increase. But I could not even imagine that the swap price in the BSC network could be 0.47 BNB, which at today's exchange rate is equal to 280 USDT. I think other participants have already faced such a problem.


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November 20, 2021, 09:46:31 PM
 #93

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

First of all I don't believe that gas fee of ethereum will become cheaper like how much it was years ago and that why we actually need eth 2.0 to increase the capability of chain to process more transactions. Whereas Binance smart chain is centralized so the fee will always going to be cheaper hopefully so the upcoming projects have no other choice than choosing BSC because it almost need $40 for a token transaction in ethereum network.

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November 21, 2021, 01:25:23 AM
 #94

The competition between ETH and BSC has become tight because ETH is still trying to lower the fee gas, which will be the main problem for ETH, while BSC has a low gas fee that makes BSC can benefit the users to save their cost. If ETH can lower the fee gas, it will have a big chance to beat BSC as many people already know that ETH has a big potential to grow higher in the future.

But for this time, BSC can solve the gas fee problem so the investors use ETH for their investment and BSC to send the tokens.

Yes, in the future, there will be new competitors who offer better services than ETH and BSC and that can make the investors also use them to compare the advantages and disadvantages.

The high gas fees of ETH became the biggest drawback of this blockchain and it's also the reason why if ever I have to transact my asset as long as there is another way than dealing with the high gas fee I would probably choose the low gas fee like BSC. Ethereum is a good token and everyone see's the true value however due to this drawback BSC see's the disadvantage of the blockchain and took it as the opportunity to improve the usecase of project which also many crypto users benefits most. I do believe also that in the future there will be new or many competitors that will rise and will offer the services that was a disadvantage of the old blockchain.
I am also doing the same as you to cover the high fee. I used BSC but still, we need to convert it many times, which need gas too but fortunately, the gas fee is not too high compared to ETH gas. The gas fee is a crucial matter that the ETH team needs to solve if they want to still be at the second position and have a larger market cap below bitcoin so they will not lose the investors who have already become a fan of the ETH project. The existing project needs to adapt to the current situation because the new technology will be invented in the future. If they can follow the technology, people will not leave the project, instead of staying with it and supporting it.

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November 21, 2021, 01:50:57 AM
 #95

If today we make a small survey of ethereum trading with BSC, then BSC is definitely the winner, even though the ethereum blockchain is much better and sophisticated, the transactions involving BSC are quite large for now, even BSC has a fairly high level of trust , only because of the small transaction gas fees, when compared to Ethereum, but for other advantages ethereum is still at the number two crypto position.

As I previously assumed, when the BSC network is more loaded, the commissions in this network will also increase. But I could not even imagine that the swap price in the BSC network could be 0.47 BNB, which at today's exchange rate is equal to 280 USDT. I think other participants have already faced such a problem.


That's a lot, I've never seen that before. I'm still very curious as to why can happen, I often do bsc swap, but the gas fee is not that big.
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November 21, 2021, 12:18:16 PM
 #96

That's a lot, I've never seen that before. I'm still very curious as to why can happen, I often do bsc swap, but the gas fee is not that big.

Such a commission was due to the high load on the network caused by participation in the launchpad, when it was necessary to quickly redeem your allocation. Obviously, in order for the transaction to be completed quickly, some traders have increased the amount of gas. After the end of the sale, the transaction price returned to normal values.

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November 21, 2021, 12:54:17 PM
 #97

Yes, ETH is no longer for small business. Maybe ETH doesn't like small business anymore.lol
It's not that I don't like small businesses, but because the prices are already very expensive so it's not suitable for small businesses because it is influenced by the amount of transaction fees.

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November 21, 2021, 12:58:32 PM
 #98

If today we make a small survey of ethereum trading with BSC, then BSC is definitely the winner, even though the ethereum blockchain is much better and sophisticated, the transactions involving BSC are quite large for now, even BSC has a fairly high level of trust , only because of the small transaction gas fees, when compared to Ethereum, but for other advantages ethereum is still at the number two crypto position.

As I previously assumed, when the BSC network is more loaded, the commissions in this network will also increase. But I could not even imagine that the swap price in the BSC network could be 0.47 BNB, which at today's exchange rate is equal to 280 USDT. I think other participants have already faced such a problem.



If BSC is compared to ETH for gas fee transactions it should be cheaper BSC and always succeed in every transaction and I have never failed while for ETH gas fee I have also spent 100$ with failed transactions 6 times and it really frustrates me using ERC20, BEP20 is an option the good one. I assume why your fee is expensive, is it because you use Network BEP2 or swap from ERC20?

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November 21, 2021, 02:45:37 PM
 #99

I think the competition will be getting tougher, if eth really lowers the cost of gas, people will have the potential to switch to eth again. But in my opinion, bnb not only has a smart contract project that has low gas costs, but they have the largest exchange in the world. The facilities they offer are a new atmosphere in the crypto world such as launchpad staking which can be done if you have bnb coins. I don't think it will matter if eth really lowers gas costs because bnb not only offer cheap gas costs but their big projects are also amazing

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November 22, 2021, 12:27:15 PM
 #100

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

After ethereum fee skyrockets then bsc is the developer choice because of the fee is small. But now there are many compatitor who will face bsc. Solana, polkadot and other good blockchain will compete bsc. I heard bsc fees also going higher nowadays though..



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November 22, 2021, 01:46:46 PM
 #101

I would be happy if the ethereum gas fee will go down so I can move my ERC20 tokens to the exchange. About BSC I think there will be no affect or will go down the popularity of the network if that happens, I believe BSC will still popular network. It's good to have 2 networks so that we have an option to choose which network is cheap because sometimes Eth gas fee will high again.
Transaction fee of Ethereum will definitely drop if ERC20 is fully implemented, however when it going to be fully operational remain unknown, I agreed with you that it full implementation will provide alternative for developers to choose their preferred network among the available ones like BSC, TRON and ERC20, it is very unfortunate that transaction of ERC enabled tokens requires high fees at this point in time, it is obvious many investors and crypto enthusiasts still have their tokens in their respective wallets eagerly waiting for the fee to drop.

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November 22, 2021, 02:53:19 PM
 #102

Ethereum is famous and strong as one of the leaders in blockchain technology, but it is not good for crypto transactions. First, because of its high fees/tax, second, because not all investors are wealthy to tolerate spending hundreds of dollars just to do simple deposits or withdrawals!

Apart from BSC, I personally see huge potential in using other projects to save more. Projects like Avalanche, Fantom are great for this reason. Also, more Defi projects (like CatenaX) are entering the space using BSC to expand the end-user possibilities.

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November 27, 2021, 12:51:51 PM
 #103

I think the competition will be getting tougher, if eth really lowers the cost of gas, people will have the potential to switch to eth again. But in my opinion, bnb not only has a smart contract project that has low gas costs, but they have the largest exchange in the world. The facilities they offer are a new atmosphere in the crypto world such as launchpad staking which can be done if you have bnb coins. I don't think it will matter if eth really lowers gas costs because bnb not only offer cheap gas costs but their big projects are also amazing

I agree with you, in fact one of the networks that are giving the most talk is called Polygon, it is a network that is economical, which will monopolize most of the NFT projects based on the metaverse, in fact there are already some announcements that are join this network where you will have a great price in fee and are already beginning to do the respective advertising. The truth is that I have not come across a fee like the one shown in the publication that is so expensive, because it is even sometimes more expensive than the ERC-20 network itself And I know that the ERC-20 network is very expensive because it makes days I had to make a transaction where I got more than 150USD.

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November 27, 2021, 01:58:57 PM
 #104

100% I choose BSC, now ETH is only suitable for whales, many tokens that are in ETH I can't send to exchanges because transaction fees are expensive, especially for swaps it costs more than $150, and from ETH speed is very bad, while BSC cheap transaction fees and better speed so many devs. who switched to BSC.


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November 27, 2021, 02:04:58 PM
 #105

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

After ethereum fee skyrockets then bsc is the developer choice because of the fee is small. But now there are many compatitor who will face bsc. Solana, polkadot and other good blockchain will compete bsc. I heard bsc fees also going higher nowadays though..
hopefully the cost of the bsc is not as expensive as the cost of the eth network, although it is increasing. because for now I think many people are comfortable using the BSC network, which is one of the reasons because gas costs are cheap and fast. but there are several other networks that give us more choices to make transactions, and of course we will continue to choose the most profitable ones

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November 27, 2021, 04:17:15 PM
 #106

High gas fees are a problem that hinders a lot of users and projects using ETH. Most projects now choose BSC to develop due to low gas fees, it is also supported by many users. However, I think ETH is still good, it is still developing quite well despite its high transaction fees. New ETH upgrades will probably fix the gas fee problem, let's wait.
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November 27, 2021, 04:25:30 PM
 #107

High gas fees are a problem that hinders a lot of users and projects using ETH. Most projects now choose BSC to develop due to low gas fees, it is also supported by many users. However, I think ETH is still good, it is still developing quite well despite its high transaction fees. New ETH upgrades will probably fix the gas fee problem, let's wait.

Still a hope from many investors to see the adjustment coming from ETH team, way back
there's  some time that they are only charging small amount compared to how much they are
charging right now.

But that's already history and we can't see that anymore maybe after another update the team
will take care of this concern.

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November 27, 2021, 05:13:47 PM
 #108

Bsc is now one of the popular blockchain and around all of the big companys token has make in bsc. And people now can use around 80% token in bsc chain. which is cost very low transcation fees. On the other hand ETH still have very high gas fee. that's why people now leaving Ethereum Network and property use bsc.

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November 27, 2021, 06:02:48 PM
 #109

I have always been happy with the eth blockchain which remains my favorite because it has many tokens and many nft inside it, i had folded temporarily on the bsc blockchain because the fees for the eth transfers had become unsustainable but now the situation seems to be returning to normal thanks to the eip-1559 protocol and the twin blockchain arbitrum so slowly i'm going back to using eth and i'm abandoning bnb
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November 27, 2021, 06:21:59 PM
 #110

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

BSC isnt "way better" choice over ETH, right now it has just this advantage, that the fees are cheaper but if BSC would get as popular as ETH, or get its marketcap even close to ETH, then we would see the same story over and over again. We need to get to POS as soon as possible, otherwise we will come to a halt with every blockchain being clogged with high fees.

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November 27, 2021, 06:31:11 PM
 #111

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Well, I honestly think that if this happens, BSC is definitely going to loose alot of customers cus binance smart chain can't be compared to Ethereum in the first place, just like you've said, many people flocking to binance smart chain to build their project are doing so mainly because fees on the network is very cheap compared to that of Ethereum, Infact, to justify this, there this token I found on poocoin ads, after a very little research, I decide to invest in it, when I asked the admin where to buy, he said I should on uniswap, I was like 😳, I asked if the token is an erc20 token.? They said "yes", and instantly, I gave up the idea of investing in that project, atleast, until they are listed on a centralized exchange., so currently, new projects built on Ethereum are actually loosing investors due to the high transaction fees.

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November 27, 2021, 06:37:29 PM
 #112

It is not surprising that Binance is using this momentum with high gas prices on the Ethereum network to attract new supporters and promote its products in the general competition. Why not, if it is beneficial for us, consumers.
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November 27, 2021, 06:42:26 PM
 #113

It is not surprising that Binance is using this momentum with high gas prices on the Ethereum network to attract new supporters and promote its products in the general competition. Why not, if it is beneficial for us, consumers.
indeed one of the advantages of BSC is that the fee is cheap and easy to use,
only launched in a few days Binance Smart Chain already has a total user that exceeds Ethereum,
this is what makes BSC more popular, if BSC does not have the same problem as Ethereum in the future,
then I really believe BNB will become a phenomenal coin and will beat Ethereum in 2nd position Coinmarketcap

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November 27, 2021, 06:45:34 PM
 #114


The average use of the ETH network today is a large number of traders and investors because it is no longer suitable for those who only use $100 on the ETH network, and this is a very large cost effect that makes small traders have to stay away from ETH in the future at the moment.
Yes, ETH is no longer for small business. Maybe ETH doesn't like small business anymore.lol
their current price is too high and this will definitely affect their gas.
but indeed for now it is not worth it when we want to start with eth especially with minimal capital.
I think this is the reason for small traders to be in BSC because indeed if they are in ETH it is not profit that is obtained but on the contrary when we only have a little capital

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November 27, 2021, 07:31:20 PM
 #115

Depending on the current situation, the main reason why the administration in ether is not affordable to small investors is. its gas fees.  Against this,BSC is becoming very popular as low gas fees and wide class prefer BSC.  If there is less gas in ERC 20 then people will like it.  Even today many people transact in ERC 20 also.
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November 27, 2021, 08:05:05 PM
 #116

Eth and BSC two chains are very popular now adays. However, we know that the swap fee in Eth is much higher. Due to which small investments cannot be made here. BSC is the 1st choice of investors as it has low fees.
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November 27, 2021, 09:32:19 PM
 #117

in fact one of the networks that are giving the most talk is called Polygon, it is a network that is economical, which will monopolize most of the NFT projects based on the metaverse, in fact there are already some announcements that are join this network where you will have a great price in fee and are already beginning to do the respective advertising. The truth is that I have not come across a fee like the one shown in the publication that is so expensive, because it is even sometimes more expensive than the ERC-20 network itself And I know that the ERC-20 network is very expensive because it makes days I had to make a transaction where I got more than 150USD.
I would say that Matic does have a future, but I wouldn't say it is the "best" one right now. I am not saying it is bad or anything, like I said at the start it is a good project with a future. However I believe that if we were to believe that NFT and smart contracts are the future, then I would put SOL above Matic right now. In fact, I would put Avax in front of them all.

Avax seems to have a much better long term solution to the gas fee problem, and they are doing great marketing at the right places as well. Starting a new NFT collection costs less than 100 bucks there, with distribution included. Go ahead and try to create one single NFT with 1k copy, and say you are giving it away for free if people tweet under you with 3 other mentions of people so it grows. You will be out of that 1k in a single day (if you could distribute that much), they have a VERY active community like that.
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November 29, 2021, 04:28:22 AM
 #118

The Etherium Network is one of the most popular sites. But small investors are suffering because of the current high gas transaction prices. Compared to that, the transaction value in Binans Smart Chain or BSc is comparatively less. If the price of etherium gas goes down, it will be everyone's first choice but now the people of BSc are solving the problem.

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November 29, 2021, 06:51:05 AM
 #119

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

both cryptos have equally large holders and both platforms continue to perform well. As for the reason for the increase in the binance platform, it is not because of the high cost of GAS in ERC20 in my opinion. despite the high ERC20 Transaction fees there are also users using the platform. even if in the future erc20 has a low transaction fee, then there will be no effect for the bsc network to continue to grow. this shows that both are big platforms that are constantly being developed.

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December 02, 2021, 05:14:59 AM
 #120

in fact one of the networks that are giving the most talk is called Polygon, it is a network that is economical, which will monopolize most of the NFT projects based on the metaverse, in fact there are already some announcements that are join this network where you will have a great price in fee and are already beginning to do the respective advertising. The truth is that I have not come across a fee like the one shown in the publication that is so expensive, because it is even sometimes more expensive than the ERC-20 network itself And I know that the ERC-20 network is very expensive because it makes days I had to make a transaction where I got more than 150USD.
I would say that Matic does have a future, but I wouldn't say it is the "best" one right now. I am not saying it is bad or anything, like I said at the start it is a good project with a future. However I believe that if we were to believe that NFT and smart contracts are the future, then I would put SOL above Matic right now. In fact, I would put Avax in front of them all.

Avax seems to have a much better long term solution to the gas fee problem, and they are doing great marketing at the right places as well. Starting a new NFT collection costs less than 100 bucks there, with distribution included. Go ahead and try to create one single NFT with 1k copy, and say you are giving it away for free if people tweet under you with 3 other mentions of people so it grows. You will be out of that 1k in a single day (if you could distribute that much), they have a VERY active community like that.
Yes, and I am actually surprised that the BSC network is already giving as a minimum requirement to be able to operate from BInance to Metamax in 100USD, which for those who liked to do very small operations will not be able to do it due to network congestion, this is becoming a problem just like ETH, a better network could probably emerge, but the one that sounds the most at least for metaverses is the Polygon network, and one of the things they recommend the most is because of the very low fees that required. I do not know to what extent the best network could be, only that everything is moving there.

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December 02, 2021, 05:58:03 AM
 #121

I'm sure 99% of people will choose BSC over ETH, no one wants to store cryptocurrencies for years, no one likes to spend $15 or hundreds of dollars in transaction fees, let alone bad transaction speeds make me forget about ETH. BSC is a better network than ERC because it is proven to be more effective, cheaper and certainly faster.
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December 02, 2021, 06:29:14 AM
 #122

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

For Now we can see that the choice is clear, first from the side of the lowest money transfer fees and many promising projects also use Bsc. Erc20 now in my opinion is too expensive in conducting transactions, for investment and working with ethereum. seems like what i said everyone feels it especially for bounty hunters

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December 02, 2021, 06:54:09 AM
 #123

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

For Now we can see that the choice is clear, first from the side of the lowest money transfer fees and many promising projects also use Bsc. Erc20 now in my opinion is too expensive in conducting transactions, for investment and working with ethereum. seems like what i said everyone feels it especially for bounty hunters
That's very true because seeing the expensive transaction fees from ETH of course it's very unfortunate and I hope the fees can be cheap again,
different from BSC which has low transaction costs, besides that many projects use the BSC network

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December 02, 2021, 07:17:43 AM
 #124

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

BSC for time being since ethereum gas is a way too expensive for small transactions. But if I have a chance to use other coins, I will pick one with relatively low fees tho. I wish ethereum gas will be lowered soon that way, it will get its massive users back.
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December 02, 2021, 08:39:25 AM
 #125

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
I think that some users will leave the network and this outflow will be much greater than now but still,I believe that about half of the current users will continue to use the network because commissions on ethereum will still be more than on bsc.
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December 02, 2021, 01:52:23 PM
 #126

100% I choose BSC. since crazy transaction fees on ETH made me not want to see assets stored in ERC-20, some time ago I swapped on uniswap and it took up to $120, then I migrated ETH Lend to AAVE and it took up to $200 so I canceled all transactions, while the swap in Pancake only costs a maximum of $1.
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December 02, 2021, 04:53:34 PM
 #127

Due to the high Eth transection fees, I use BSC most of the time for transection, but many top projects use the Eth network for their builds, and even a few airdrops do Eth transection, although eth transection fee would be less if Eth 2 launched.

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December 02, 2021, 04:58:10 PM
 #128

ETH transection fees are too high so Bsc network is best to build any project However, eth transection fee can b less in only in this case if Eth 2 launced otherwise not possible

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December 02, 2021, 05:15:15 PM
 #129

Both have bright futures but my favorite is BSC because it has low transaction fees. And now you can see many investors are investing in BSC. And also many new bounties are coming 
which are based on the BSC network. so I choose BSC for my Future.

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December 06, 2021, 05:26:36 PM
 #130

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

For Now we can see that the choice is clear, first from the side of the lowest money transfer fees and many promising projects also use Bsc. Erc20 now in my opinion is too expensive in conducting transactions, for investment and working with ethereum. seems like what i said everyone feels it especially for bounty hunters
That's very true because seeing the expensive transaction fees from ETH of course it's very unfortunate and I hope the fees can be cheap again,
different from BSC which has low transaction costs, besides that many projects use the BSC network
yes, of course this is a problem that ethereum users are still facing. but for someone who uses the erc20 platform also has another alternative to reduce shipping costs by using metamask to switch networks.

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December 06, 2021, 05:41:50 PM
 #131

I'm sure 99% of people will choose BSC over ETH, no one wants to store cryptocurrencies for years, no one likes to spend $15 or hundreds of dollars in transaction fees, let alone bad transaction speeds make me forget about ETH. BSC is a better network than ERC because it is proven to be more effective, cheaper and certainly faster.
maybe I am 1 percent of what you say because I am still on the ETH route even though it requires large finances for transaction fees.
It's true that most will use BSC in this case but they also have a lot of shitcoins and scammers problems.
I personally still use these two networks, because they both have their own advantages.
gass fe as much as $35-$100 for me it doesn't really matter when the results are appropriate

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December 06, 2021, 05:53:05 PM
 #132

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Currently the Binance smart chain is the solution for most people to make transactions, considering the low gas price guarantees their continued use, but if you look at the current condition of ethereum, they are also in a good position, even though the cost of ethereum gas is still very high, and I think BSC and ethereum have an equal chance for now, even to judge both are still at a standard stage, apart from the gas cost of each.

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December 06, 2021, 06:42:05 PM
 #133

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
The current condition of the Binance smart chain is very beneficial, considering that gas costs are quite cheap, in fact many project developments are now using the Binance chain for collaboration, but we also can't ignore ethereum, considering the exchange rate against ethereum is still very high for now, it's just people who have small investment will choose Binance Smart Change to transact, considering ethereum has very high gas costs.
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December 06, 2021, 07:22:18 PM
 #134

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

bsc is a cheap version of ethereum, if ethereum gas fee becomes low again then people will definitely go back to ethereum and leave bsc

but ethereum developers are very good friends with bsc developers so I believe ethereum gas fees will never be cheap again

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December 06, 2021, 07:34:29 PM
 #135

ETH transection fees are too high so Bsc network is best to build any project However, eth transection fee can b less in only in this case if Eth 2 launced otherwise not possible
We've been complaining about high gas fee on ETH for a while now and that talks of 2.0 is still on that indefinite question on when it would be finalized.

That London fork didnt really put up that much effect on to the overall network and it did end up on have nothing change but lets see on what

would be their next update but for now the best choice would be BSC. Fast and cheap fees.

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December 06, 2021, 07:41:19 PM
 #136

Ethereum had a large number of users and that is still the case till date, though some users switched to binance smart chain owing to the cheaper transaction fees, but I'm certain that ethereum developers are still working on modalities to curb the issue. I personally would choose ethereum over binance smart chain owing to the fact that ethereum blockchain is more stable and we rarely had issues of the network going down or inability to make transactions due to one issue or another.
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December 06, 2021, 08:13:56 PM
 #137

Op, try to improve on your sentense contruction. I got you anyway but poorly passed. Well, when ETH2. finally goes live, other chains will still exist side by side ETH and they all provide various solutions and have projects built on them. BSC with continuous improvement will sill be a major player, but their fees really need to be addressed since it's s Proof-Of-Stake protocol.
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December 06, 2021, 08:45:52 PM
 #138

ETH transection fees are too high so Bsc network is best to build any project However, eth transection fee can b less in only in this case if Eth 2 launced otherwise not possible
We've been complaining about high gas fee on ETH for a while now and that talks of 2.0 is still on that indefinite question on when it would be finalized.

That London fork didnt really put up that much effect on to the overall network and it did end up on have nothing change but lets see on what

would be their next update but for now the best choice would be BSC. Fast and cheap fees.

So far there's none coming from the developing team, still have high fees and if traders and investors have to choose in terms of usages inside exchange using BSC is more practical, especially if you are just a small time trader.

If you can't afford to pay high fees, there's no need to continue using ERC, unless you don't have any other option and you got stuck with your asset that's attached to ERC chain.

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December 06, 2021, 08:49:36 PM
 #139

There is no doubt that in the current situation, due to the very high price of transaction fees in Ethereum network, it is better to use the BSC. However, this situation could change completely with the introduction of Ethereum 2. It is still unclear how big the difference will be, but Ethereum still has many more users than BSC.
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December 06, 2021, 10:46:55 PM
 #140

There is no doubt that in the current situation, due to the very high price of transaction fees in Ethereum network, it is better to use the BSC. However, this situation could change completely with the introduction of Ethereum 2. It is still unclear how big the difference will be, but Ethereum still has many more users than BSC.
Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

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December 06, 2021, 11:05:59 PM
 #141

Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

Only we are not sure if Ethereum transaction fees will decrease. If it turned out that the decrease in fees for transactions in Ethereum 2 is not much smaller than the current one, the situation on the market could change significantly. I think BSC would have a very good future then and would probably catch up with Ethereum capitalization very quickly.

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December 06, 2021, 11:10:53 PM
 #142

Or BSC will stay the way better choice over ethereum?
BSC is not the best choice over Ethereum and never was, despite the high fees ETH is suffering from, it still the first choice for big investors and its token is still the 2nd in market cap, if eth 2.0 will make transactions cheaper and faster I think we will see not just BSC but probably also cardano, Solana, avax...etc go down a little because most people will think this way and try to profit from Ethereum instead.

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December 06, 2021, 11:12:07 PM
 #143

Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

Only we are not sure if Ethereum transaction fees will decrease. If it turned out that the decrease in fees for transactions in Ethereum 2 is not much smaller than the current one, the situation on the market could change significantly. I think BSC would have a very good future then and would probably catch up with Ethereum capitalization very quickly.
Let's just hope for it.

It's not going to be forever high for the fees since the developers of ethereum are still active.

So there's a way to mitigate and fix that with their next upgrade. That's what I'm hoping for since it's the most popular blockchain and altcoin.

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December 06, 2021, 11:20:10 PM
 #144

Everyone agrees.

BSC is cheaper than ETH.

As we can see, the gas fee for ethereum has never went down to the amount that we're all not going to complain just as before.

By next year, they've said that the fees will go down eventually.

Only we are not sure if Ethereum transaction fees will decrease. If it turned out that the decrease in fees for transactions in Ethereum 2 is not much smaller than the current one, the situation on the market could change significantly. I think BSC would have a very good future then and would probably catch up with Ethereum capitalization very quickly.

The shortage of Ethereum is that gas fees are still quite high and that makes Ethereum users very disappointed. Therefore, BSC, which has lower
transaction fees, is starting to get the attention of crypto users. Even quite a few Ethereum users are starting to switch to using BSC now, so I agree
that the future of BSC is quite promising. But it's still too early to say BSC will beat Ethereum, because the Ethereum team is also trying to fix this
high gas fees problem. Hopefully the Ethereum team can immediately provide good news for Ethereum users regarding this high gas fees problem.
Because if left too long without any improvement, this will make Ethereum increasingly abandoned by its users.

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December 06, 2021, 11:20:38 PM
 #145

People have their flagship coin which they usually trade. Usually if they are comfortable with the coin then they will find it difficult to compete even though the price of the coin goes up. This is because they also have mastered the coin, even though the price of gas is expensive but they know how to manage the coin properly so that they get a profit. That's how if the cost of ETH gas drops, the BSC will still be held by the fans who have been trading BSC.
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December 06, 2021, 11:51:30 PM
 #146

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Even though ethereum gas fee will fall 50% than it's current cost, I don't think it makes bsc projects switches their project over erc20. Bnb has developed strong support from different upcoming project specially with gaming and other highly recommended cryto which is potentially increase in popularity. Certainly BSC is a ways better choice which is continuously happening this year and so on.


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December 06, 2021, 11:55:07 PM
 #147

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Even though ethereum gas fee will fall 50% than it's current cost, I don't think it makes bsc projects switches their project over erc20. Bnb has developed strong support from different upcoming project specially with gaming and other highly recommended cryto which is potentially increase in popularity. Certainly BSC is a ways better choice which is continuously happening this year and so on.

I agree that a 50% decrease may be too small .. But if it were much bigger, the situation would not be so beneficial for BSC. There is possibility that, Proof of Stake can make the Ethereum newtork fee drop by up to 99%, then in my opinion a very large part of the projects will return to ERC20.

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December 06, 2021, 11:57:38 PM
 #148

If ETH doesn't lower the transaction fee, I think people will leave it gradually. There are already some alternatives now, they offer a better service and cheap transaction fees. The best alternative is BSC, very possible to defeat ETH in the future. I think BSC is getting popular now, even some top crypto platforms already moved/added their network/chain to BSC.
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December 07, 2021, 12:10:32 AM
 #149

BSC already has its own fans, although one day the price of ETH gas will be cheap again, BSC will still stick with its fans. Just like what happened to ETH today, even though gas prices are getting more expensive, there are still a lot of users.

By the way, when will ethereum gas fee go down like in 2017, BSC already has a lot of fans and I think ethereum should quickly deal with the high gas fee issue at the moment, Altair ethereum is still being developed and it will be a surprise in future if both chains can be combined in 1 transaction

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December 07, 2021, 01:06:33 AM
 #150

Binance smart chain seems to be increasing in her popularity owing to the fact that most new projects and even old projects are adopting it. I know several projects that have both ethereum and binance smart chain tokens and that's because they want to enjoy the benefits of both blockchain.
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December 07, 2021, 02:36:43 AM
 #151

If you look at it from the decentralization point of view, then of course ETH, if it's about the speed and cheapness of transactions, then BSC. Most people can no longer afford expensive transactions in Ethereum network, they choose an alternative and one of the most affordable is BSC.

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December 07, 2021, 03:39:17 AM
 #152

If you look at it from the decentralization point of view, then of course ETH, if it's about the speed and cheapness of transactions, then BSC. Most people can no longer afford expensive transactions in Ethereum network, they choose an alternative and one of the most affordable is BSC.
right, for now the ethereum network still has its own obstacles and there have been no significant changes, so that many other networks have sprung up with equally good quality and very low costs. Binance is currently one of the most widely used network alternatives. but will it be the same as ethereum if the price of BNB is already high?

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December 07, 2021, 04:43:21 AM
 #153

BSC and Ethereum are like children with a father, BSC was born from the ERC platform but with the creativity and expertise of the team, BSC looks better than ERC, of course I will choose BSC because the consideration of ERC transaction fees is currently irrational and only suitable for whales with a transaction value of at least $5k.

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December 07, 2021, 05:53:31 AM
 #154

BSC already has its own fans, although one day the price of ETH gas will be cheap again, BSC will still stick with its fans. Just like what happened to ETH today, even though gas prices are getting more expensive, there are still a lot of users.
The price of Gas transactions on ETH will never be cheap as long as the price of ETH is still very expensive and still has the potential to increase again in the future, for BSC I'm sure there will be many fans forever.

Let's just wait until ETH 2.0 is really ready to be launched and if the launch succeeds in making ethereum gas costs cheap then I think many users will return to the ETH platform, because at this time we certainly know that BSC is widely used only as an alternative to ETH to save costs when making transactions.


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December 07, 2021, 06:53:48 AM
 #155

Both networks have a lot of users, BSC was chosen because of the low shipping costs, only 6 gwei costs I need to make an exchange on Dex.
Erhereum has a problem with gas costs and I think some developers will continue to use this network, the most important thing is security, the ethereum platform is so far still safe and protected from hacking.

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December 07, 2021, 07:37:25 AM
 #156

when the Ethereum Erc20 chain fees are higher in transaction fees, there are many companies that switch and use the exchange network in BSC Bep20, because the transaction fees are cheap and fast, I say BSC Network has a better ecosystem and is trusted by many people, including more sensitive to security.

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December 07, 2021, 07:50:42 AM
 #157

Now the market is very unpredictable and it is up to everyone to use the ETH or BSC network. The only difference is that the ETH network is very expensive for gas. And as soon as the commission for gas becomes lower, I think that the ETH network will again become the most demanded. But while the costs are high on the ETH network, users use the BSC network since the fees are very small here. And accordingly the majority will use the BSC network.
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December 07, 2021, 08:12:01 AM
 #158

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

For Now we can see that the choice is clear, first from the side of the lowest money transfer fees and many promising projects also use Bsc. Erc20 now in my opinion is too expensive in conducting transactions, for investment and working with ethereum. seems like what i said everyone feels it especially for bounty hunters
That's very true because seeing the expensive transaction fees from ETH of course it's very unfortunate and I hope the fees can be cheap again,
different from BSC which has low transaction costs, besides that many projects use the BSC network

I think everyone hopes so, with the high transaction fees on the erc20 platform, it has caused many crypto users to migrate to BSC because it makes it easy to make transactions besides being fast and cheap. yes, hopefully there will be a solution for next year for erc20 users

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December 07, 2021, 08:41:35 AM
 #159

As for now i think many crypto enthusiasts would say it's better bsc than eth because of the trading platforms and transaction fees that bsc is more recommended now than ethereum network because of high transaction fees, however since bsc network is the several who uses now, i think in the long run the transaction fees for bsc network would also climb definitely if bnb chase to have a high value in the crypto market in the future.
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December 07, 2021, 09:41:59 AM
 #160

Of course, problems related to high transaction fees need to be resolved immediately by the ETH team,
because on the other hand, BSC offers cheap transaction fees and of course people prefer this,
we'll see later hopefully there will be a follow up

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December 07, 2021, 07:06:42 PM
 #161

As for now i think many crypto enthusiasts would say it's better bsc than eth because of the trading platforms and transaction fees that bsc is more recommended now than ethereum network because of high transaction fees, however since bsc network is the several who uses now, i think in the long run the transaction fees for bsc network would also climb definitely if bnb chase to have a high value in the crypto market in the future.
The more developed the BSC network, the greater the transaction costs required, so that BSC will take steps to increase the transaction costs, economic theory says that the more developed something is developed, the more correct the production value will be, it is possible that BSC will also experience transaction fees are expensive like Ethereum, but currently BSC is still in the cheap and affordable category.
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December 07, 2021, 11:56:21 PM
 #162

The more developed the BSC network, the greater the transaction costs required, so that BSC will take steps to increase the transaction costs, economic theory says that the more developed something is developed, the more correct the production value will be, it is possible that BSC will also experience transaction fees are expensive like Ethereum, but currently BSC is still in the cheap and affordable category.
It is possible that BSC also requires expensive transaction fees someday. But it won't happen in the near future, BSC is just developed and needs much time to increase the gas fees as expensive as ETH gas. So, it is still safe for crypto platforms to choose BSC, the transaction fees will be quite affordable for a long time. No need to worry because the increase of BSC transaction fees won't be in a few days, it needs some years.
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December 08, 2021, 07:21:15 PM
 #163

The more developed the BSC network, the greater the transaction costs required, so that BSC will take steps to increase the transaction costs, economic theory says that the more developed something is developed, the more correct the production value will be, it is possible that BSC will also experience transaction fees are expensive like Ethereum, but currently BSC is still in the cheap and affordable category.
It is possible that BSC also requires expensive transaction fees someday. But it won't happen in the near future, BSC is just developed and needs much time to increase the gas fees as expensive as ETH gas. So, it is still safe for crypto platforms to choose BSC, the transaction fees will be quite affordable for a long time. No need to worry because the increase of BSC transaction fees won't be in a few days, it needs some years.

Indeed there has been no official news issued by BSC regarding the increase in gas prices, and probably will not happen in the near future, BSC was developed based on a small concept, where they target transactions and costs that can be reached by many people, so today is what makes BSC grow just because of that problem, is it possible that BSC will make a mistake in the near future by raising gas prices higher, I don't think it will happen anytime soon.
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December 08, 2021, 10:42:10 PM
 #164

Indeed there has been no official news issued by BSC regarding the increase in gas prices, and probably will not happen in the near future,
No, I think there will be no official announcement about the increase in gas fees. It is no need because the gas fee may change only in a minute, what for announcing this information? But I agree that there will be no significant increase in BSC gas fees in the near future. The developers must think it will ruin the interest from people to use BSC.
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December 08, 2021, 10:51:28 PM
 #165

Indeed there has been no official news issued by BSC regarding the increase in gas prices, and probably will not happen in the near future, BSC was developed based on a small concept,
The increase of the fees will depend on the crowds of the transactions in the blockchain moreover if the crowd enough, commonly there will be little bit increasing.
But BSC increase is still very tolerance and seems not still no problem for us, moreover even if we are transferring big amount of BSC tokens.
However if the ERC20, we have see how many increase that can happen on in seconds, the difference can be more than 20-hundreds Gwei. This is bad and why I really hate using Ethereum blockchain. But we cannot still avoid because most tokens stull use ERC20 blockchain.
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December 09, 2021, 03:13:44 PM
 #166

when the Ethereum Erc20 chain fees are higher in transaction fees, there are many companies that switch and use the exchange network in BSC Bep20, because the transaction fees are cheap and fast, I say BSC Network has a better ecosystem and is trusted by many people, including more sensitive to security.

Don't forget about the many scams there due to the low cost of gas.
Actually there is a positive side as well as a negative side when talking about this because indeed they are very cheap so a lot of people want to do evil it's easy and there are lots of scams there.
But that doesn't mean it's just a negative side, the positive side is very much and this is very felt for investors and small traders like me.

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December 09, 2021, 04:24:53 PM
 #167

ethreum very  currently dominates the market, but due to very high transaction fees, many small traders are switching to the binance network because it has very low gas costs and very fast connections, even though currently binance gas costs are starting to increase slightly but the increase is still very reasonable and the increase is caused by the density of users who use this network, for now I highly recommend binance.

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December 09, 2021, 06:35:05 PM
 #168

Indeed there has been no official news issued by BSC regarding the increase in gas prices, and probably will not happen in the near future, BSC was developed based on a small concept,
The increase of the fees will depend on the crowds of the transactions in the blockchain moreover if the crowd enough, commonly there will be little bit increasing.
But BSC increase is still very tolerance and seems not still no problem for us, moreover even if we are transferring big amount of BSC tokens.
However if the ERC20, we have see how many increase that can happen on in seconds, the difference can be more than 20-hundreds Gwei. This is bad and why I really hate using Ethereum blockchain. But we cannot still avoid because most tokens stull use ERC20 blockchain.
It's just a matter of choice, if many projects use the ethereum network, then we also can't do anything, but today many projects have switched to the BSC network, this is more interesting when compared to 5 years ago, using the ethereum network makes us a lot the costs required, especially if the coins or tokens we have are only a few, then the gas costs are much greater than the exchange of results we get.
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December 09, 2021, 07:46:34 PM
 #169

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Yes, the binance smart chain is getting bigger due to the high Ethereum gas costs so many new projects are being developed on the BSC blockchain.
However, after we followed some developments from a new project that was released to the swap platform exchange, the bsc blockchain, then it did not provide relief for users due to the high demand for Slippage Tolerance.



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December 09, 2021, 08:10:47 PM
 #170

I like bsc right now as it is more cheaper fee for having transactions compared to ethereum but soon ethereum's fee will decrease just like before where the fee is very low and many used it but stilll this time there are lots of people who use ethereum. For me, I stick for bsc for sending but I accept eth as payment and sometimes fee for sending.

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December 09, 2021, 08:20:20 PM
 #171

Today I decided to go to the ETH network and trade on Uniswap, I realized that I no longer want to be in this network, I spent about $ 130 for several transactions, while I had one unsuccessful for $ 46 just a nightmare.Then I went to the BSC network and made dozens of transactions paying about $ 3.So today the choice is obvious for BSC.
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December 09, 2021, 08:32:09 PM
 #172

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

It's a good question but if eth stays the course there is no way to sustain token prices on their chain with those gas fees.  In a bull market sure no one cares when they are making money hand over fist but in a bear market when those fees will eat you up, it will drop really quick.

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December 09, 2021, 08:42:14 PM
 #173

Today I decided to go to the ETH network and trade on Uniswap, I realized that I no longer want to be in this network, I spent about $ 130 for several transactions, while I had one unsuccessful for $ 46 just a nightmare.
It's been always like that since last year on uniswap after the airdrop and probably it's not only on that platform that suffers of how high the transaction fees are. One of the main reason I stopped using ETH network for a while because it's just silly to think that you need to pay 3X amount of fees just for small amount of transaction. Hopefully they can fix the how big the fees for ETH later.

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December 10, 2021, 04:56:16 AM
 #174

It's a good question but if eth stays the course there is no way to sustain token prices on their chain with those gas fees.  In a bull market sure no one cares when they are making money hand over fist but in a bear market when those fees will eat you up, it will drop really quick.
However, I think in a bear market or a bull market, fees are always something to pay attention to. even when the price goes up, the fee for etherem also increases, even very high. to be honest, for now, I'm using BSC more than ETH. maybe some people still use ETH because they have a large amount of assets so they don't really care about fees. however, for small traders, I think it is very burdensome for them.

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December 10, 2021, 05:50:14 AM
 #175

Ethereum is still a big brother to binance smart chain. Despite the fact that BSC seems to be more economical in terms of transaction fee. Ethereum still has more projects built in the platform than BSC. I must confess that BSC is doing great and has contributed substantially to easing the burden of high transaction fee.
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December 10, 2021, 06:47:57 AM
 #176

ethereum and binance smartchain are the top coins having high capacity in crypto market, only one of them is ethereum gas fee is very high, then some companies switch to BSC because of the relatively low exchange fee, both coins have their respective advantages, invest here is very good and the risk level is very low.

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December 10, 2021, 06:52:25 AM
 #177

For now many users of the ethereum network switch to using BSC, and this is a result of the high price of gas that must be incurred when making transactions, since this happens many investors who have used the BSC network because of the very cheap gas costs and transactions used are also very fast, if later the price of gas on the erc-20 network again decreases then I am sure both networks will certainly always be relied on and investors will not leave the network. BSC just like it happened with DEX, so in the future we will see how the competition between the two networks.

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December 10, 2021, 01:28:41 PM
 #178

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
i think i I avoid using ETH chain as long as possible and BSC is ok for me.
but it doesn't mean that i wont hold/buy ETH. just their fees are making me not to use them often

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December 10, 2021, 01:52:21 PM
 #179

It's a good question but if eth stays the course there is no way to sustain token prices on their chain with those gas fees.  In a bull market sure no one cares when they are making money hand over fist but in a bear market when those fees will eat you up, it will drop really quick.
However, I think in a bear market or a bull market, fees are always something to pay attention to. even when the price goes up, the fee for etherem also increases, even very high. to be honest, for now, I'm using BSC more than ETH. maybe some people still use ETH because they have a large amount of assets so they don't really care about fees. however, for small traders, I think it is very burdensome for them.
Its true that he who a have huge amount of asset use the eth chain they really don't care about the gas .Actually the fee has increased for huge transaction occurred .We all know that the eth chain are popular and they still depend on it but now the trend are looking into different chain .We have seen that BSC ,Sol are become more popular .You said you are using BSC and most of the investor who are starting use these change which are really cost less fee .Hope eth dev will do something better to decrease the fee if they have any chance to do like this .At the end crypto are become more popular that's why the transaction are increasing daily .Hope we will find more solution in near future to avoid huge fees .

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December 10, 2021, 02:41:20 PM
 #180

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Eth isn't for the general public. Its high fees are absurd that it needs you 50$ just for a swap in their Dex and even 20$ just for sending your tokens. Bsc dex in the other hand cost around less than a $ per transaction. A well balanced compared to eth but skeptical due to its centralisation. So in short, Id choose Matic over the two.
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December 10, 2021, 02:42:15 PM
 #181

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

If ethereum gas fee goes lower, then it's good for everyone. BSC will remain the same of course, many people already used it because of cheaper transaction fee. So far for Ethereum only those with a lot of eth or dollar can make transaction under ethereum.blockchain . But if ever those different blockchain has both cheaper fees , then people will free to use what they prefer to use everytime they will make transaction.

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December 10, 2021, 02:57:47 PM
 #182

I like Ethereum but now I don't like it much because it's more gas free I think it's more because when it comes to gas free I will use it as before but I am using less Etherium now
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December 10, 2021, 03:28:30 PM
 #183

I like Ethereum but now I don't like it much because it's more gas free I think it's more because when it comes to gas free I will use it as before but I am using less Etherium now

Right, the expensive gas fees have kept me inactive for almost 6 months with ETH, really annoying because I have a balance of 12 ETH tokens around $850, when I want to send them to exchanges it takes a transaction fee of more than $35, we can only wait for the ETH team to come ETH 2 release soon.


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PhucS
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December 10, 2021, 04:02:57 PM
 #184

I like Ethereum but now I don't like it much because it's more gas free I think it's more because when it comes to gas free I will use it as before but I am using less Etherium now

Right, the expensive gas fees have kept me inactive for almost 6 months with ETH, really annoying because I have a balance of 12 ETH tokens around $850, when I want to send them to exchanges it takes a transaction fee of more than $35, we can only wait for the ETH team to come ETH 2 release soon.
Me too, in my MEW wallet there are quite a few ERC20 tokens, but transferring them is a difficult problem when the gas fee is too high, there are times when the gas fee exceeds the value of that token. As you said, this is really annoying, a lot of newbie to the crypto market find it difficult to use the ETH network when the transaction fees are too high. Hopefully in the future, this issue will be improved
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December 10, 2021, 04:15:01 PM
 #185

I used to like trading and swap tokens on Uniswap, but when the transaction fees were very expensive then now I switched to BSC, and this is what makes me optimistic that one day the price of ETH will drop soon.

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December 10, 2021, 04:26:35 PM
 #186

ETH and BNB have their own advantages and disadvantages, so many people use these two altcoins for investment, the ETH network is good for those with tens of dollars in assets, and nowadays the binance network is used by everyone, both large and small assets,  because the binance network has very small gas fees compared to the etherem network, that's why binance is highly recommended by everyone, I personally also really like binance, because in my opinion it is more profitable in terms of transaction fees.

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December 10, 2021, 04:41:34 PM
 #187

There is no reason for me to choose ETH, the crazy gas costs make me hope that ETH will soon be worth zero, while BSC is a good and promising network because of low transaction fees and of course better speeds than ETH,.

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December 10, 2021, 05:22:13 PM
 #188

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I believe that if the commissions in the Ethereum network become low, at least at the level of commissions in the BSC network, then it is likely that the interest in ETH will grow even more. The fact is that Ethereum has a larger ecosystem than BSC, which means it has more resources to get more success. But if high commissions in the Ethereum network persist, then ETH will lose its position in the market, as many crypto companies will either switch to BSC or become multi-chain. That will allow you to maneuver between different blockchain systems.
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December 10, 2021, 09:32:13 PM
 #189

Ether is most well known and have tremendous organize numerous coins on Ether organize but actually i am enormous fan of BNB and BSC network,already has its claim chain and has pulled in a part of fans of late, over the past few months numerous stages are utilizing the binance savvy chain arrange when exchanging with moo gas costs a part of individuals are inquisitive about bsc, ETH gas fe is as well high and newbies indeed cant manage it.Commercial utilize of the ether is favorable but indivdually BSC arrange is driving.

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December 10, 2021, 11:18:29 PM
 #190

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Binance Smart Chain is by far a better project than Ethereum in terms of cheaper transaction fees. Binance smart chain transactions fees are paid in cents between $0.10 to $0.80 while Ethereum transaction fees are super expensive for $10 to $300 per transaction via Uniswap or OpeaSea. Without the scalability, improvements to get cheaper transactions on Ethereum Blockchain, the Binance Smart Chain BSC will remain a better project for a long time.

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December 10, 2021, 11:30:22 PM
 #191

I echo with others on the gas fees being fraction of those on Ethereum network and transaction speed on BSC network is faster too.

On the flip side, BSC is centralised with only 21 validators compared to thousands on ETH network, this allows BSC to keep the cost down per transaction as well as increase the speed.

Now the question would be trust, centralised vs truly-decentralised. Hope it helps.

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December 10, 2021, 11:33:46 PM
Last edit: December 12, 2021, 12:44:18 AM by Uang_kartal
 #192

Ethereum gas is quite expensive when compared to smartchain networks,
I believe there is a price and there is quality, like this et project which rarely fails.

if you tell me to go with Ethereum or Bsc I prefer ethreum. for bsc can be an alternative cost. do you already have two coins?

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December 10, 2021, 11:58:56 PM
 #193

I used to like trading and swap tokens on Uniswap, but when the transaction fees were very expensive then now I switched to BSC, and this is what makes me optimistic that one day the price of ETH will drop soon.

The price of ETH won't fall any further but Binance's price will rise faster than ETH. We know that the largest cryptocurrency exchange today is Binance, that's why the Binance token is very popular with investors.
Bsc is very profitable for investors so they are not disadvantaged by expensive transaction fees like ETH, BSC only takes a small fee per transaction.

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December 11, 2021, 02:52:59 AM
 #194

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

To be honest, I want them both to hold in the long term. But my priority for now is to have Bnb then followed by ETH,
and most of the projects that has been arising now in the market they used BNB platform or BSC when they conduct a
campaign for their new token here.

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December 11, 2021, 05:49:16 AM
 #195

From Ethereum and not from BSc I think every one of its gas is much less now it is seen again Ethereum gas was much earlier Ethereum's gas free was much less but for some reason Islam gas burst now has increased a lot I want to hope up front
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December 11, 2021, 06:02:01 AM
 #196

I believe that if the commissions in the Ethereum network become low, at least at the level of commissions in the BSC network, then it is likely that the interest in ETH will grow even more. The fact is that Ethereum has a larger ecosystem than BSC, which means it has more resources to get more success. But if high commissions in the Ethereum network persist, then ETH will lose its position in the market, as many crypto companies will either switch to BSC or become multi-chain. That will allow you to maneuver between different blockchain systems.

I think that commissions you are talking about within the Ethereum network won't be lowered even we count for years. The cheap fees before won't be returned as the network grows congestions day by day even lots of developments will be deployed on the network. We have to accept that fact.

What will happen next is, BSC might charge more fees in the future. But it will be slowly unlike Ethereum that fees rise unexpectedly.

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December 11, 2021, 04:26:27 PM
 #197

From Ethereum and not from BSc I think every one of its gas is much less now it is seen again Ethereum gas was much earlier Ethereum's gas free was much less but for some reason Islam gas burst now has increased a lot I want to hope up front
The two have quite a big difference in terms of their respective gas costs, but the question is that many projects currently use the BSC network, so there is no choice if we are involved in the project. Initially, I was familiar with the bounty of all projects almost completely using the Ethereum network, this was due to the many complaints that made the project development team switch to BSC, if you see that both of them have exceeded their respective periods of popularity, but BSC has more advantages than current ethereum.

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December 11, 2021, 04:31:37 PM
 #198

Ethereum's network high gas fee is the common problem of most crypto users these days and that's the reason why BSC has established a better foundation and taken advantage of this case. However, the high gas fee isn't a problem with ETH because most traders are focusing on the convenience and legitimacy that it provides.
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December 11, 2021, 06:08:52 PM
 #199

currently crypto users tend to recommend binance over ethereum because the cost of binance gas is very low, of course this will help drive binance to grow, and the high cost of eth gas creates a very big problem for the future development of ethereum, because currently there are a lot of ethereum users who left it and switched to the binance network, to avoid asset inflation I had temporarily stored my ETH assets and focused on BNB, with the presence of ethereum 2.0 hopefully this high gas cost can be overcome.

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December 11, 2021, 06:26:55 PM
 #200

Ethereum gas is quite expensive when compared to smartchain networks,
I believe there is a price and there is quality, like this et project which rarely fails.

if you tell me to go with eth over ethereum I prefer ethreum. for bsc can be an alternative cost. do you already have two coins?

Hey man, I guess you are somehow misunderstanding the correlation between eth and Ethereum; Ethereum is the whole network called EVM (Ethereum Virtual Machine) and Eth is the utility token for this network. So when you say you prefer Ethereum over Eth, you announce how much you are ignorant about the subject.

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December 11, 2021, 06:32:43 PM
 #201

Ethereum's network high gas fee is the common problem of most crypto users these days and that's the reason why BSC has established a better foundation and taken advantage of this case. However, the high gas fee isn't a problem with ETH because most traders are focusing on the convenience and legitimacy that it provides.
to be honest, i feel that ethereum gas fee is something important. It's true that nowadays people put convenience first, but I think that's a problem. however, we can see that people tend to look for alternatives to ethereum because of the high fees it provides to users. for now, I rarely even use tokens or coins that have an ethereum network, even when trading on exchanges. That's because of the high fees given. I tend to use BSC over ETH at the moment.

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December 11, 2021, 07:22:24 PM
 #202

BSC is the right choice to be recommended at this time because it has very low gas costs compared to ETH, besides that currently almost all projects in the crypto space have used the binance smart chain, so the popularity of BSC has increased drastically, even though the price of ETH is much higher than BNB but I see that ETH has a very narrow range of motion, as a result of which many ETH users have switched to binance, so I am very optimistic that binance will continue to grow in the future,

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December 11, 2021, 11:56:18 PM
 #203

Actually, the purpose of the BSC being present is because the cost of gas is high, but if the cost of gas in every transaction, especially eth, goes down, I think BSC is still running and with competition in transaction time as a benchmark..

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December 12, 2021, 12:38:27 AM
 #204

eth and Ethereum; Ethereum is the whole network called EVM (Ethereum Virtual Machine) and Eth is the utility token for this network.
I'll correct my input, bro
I wrote wrong, it should be ethereum with Bsc. For the elaboration of ethreum, I just found out, I thank you.
because I only focus on projects that ethreum and bsc provide, for evm and ethreum it may be far from the topic.
let's discuss about the cost again between BSC and Ethereum or what is being discussed
thanks bro.

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December 12, 2021, 02:58:22 AM
 #205

Actually BSC is just a copy of Ethereum and nothing more. The only benefit of using BSC is cost effectiveness and faster transaction. The failure of Ethereum to deliver those both has made BSC more popular and attractive among in estora and project owners. Most project which started on Ethereum have now slowly shifted to BSC. The only point that makes BSC risky is that it is centralized while Ethereum is not.

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December 12, 2021, 03:27:46 AM
 #206

Bsc network is the new and common alternative for investors and traders to transact with, since ethereum network has a high gas fee for their every transaction several investors turn into bsc network. However if the bnb takes pace like ethereum such that it's price turn high, also it would turn out to have a high transaction fees as well in the future for sure. For me, if you use ethereum network, transact with the times that gas fees turn back to normal, it's about the good timing.

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December 12, 2021, 03:44:57 AM
 #207

Bsc network is the new and common alternative for investors and traders to transact with, since ethereum network has a high gas fee for their every transaction several investors turn into bsc network. However if the bnb takes pace like ethereum such that it's price turn high, also it would turn out to have a high transaction fees as well in the future for sure. For me, if you use ethereum network, transact with the times that gas fees turn back to normal, it's about the good timing.

Yeah ethereum network is so crowded and it can't manage the transfer fee sometimes it could be reach 200-250 gwei and it could reach hundred dollars fee when doing swap on swap platform with ETH network.
Finding the right timing is also hard maybe it just have one hour normal fee in 24 hour a day and it seems like deleting the advantages of cryptocurrency transaction which we we know could be done anywhere and anytime.
So right now let their ETH developers find the solution while when we doing transaction with BCS.
But i'm sure ETH is still worth to invest for long term investment

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December 12, 2021, 04:17:27 AM
 #208

There are two differences between Ethereum and Wee: Bnb gas free is much less and Ethereum gas free is much more. Gas free seems to be much more according to the market.
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December 12, 2021, 03:05:42 PM
 #209

I'm sure 99% of people will choose BSC, this is because BSC is faster and cheaper, while ETH costs around $17 to send ETH to another wallet and it takes at least $40 to send tokens, at a high cost ETH is also slow because it takes around 30 minutes to get 12 confirmations.
Both platforms doing good work even right now BSC is having some advantages just because of Fees and network speed, otherwise we all know there is no competition between Ethereum and BSC. In near future as these both issues solved by Ethereum team then surely we will have some good impact on Ethereum. But now BSC community is also having good faith, and they are growing very quickly which is good in this market because fair competition give good and positive development, so we will have some more competitors and good features in coming days from developers.
Recently we have some more platforms which are trying to have their share from this market, which is also good for this big community.

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December 13, 2021, 03:00:14 AM
 #210

Bsc network is the new and common alternative for investors and traders to transact with, since ethereum network has a high gas fee for their every transaction several investors turn into bsc network. However if the bnb takes pace like ethereum such that it's price turn high, also it would turn out to have a high transaction fees as well in the future for sure. For me, if you use ethereum network, transact with the times that gas fees turn back to normal, it's about the good timing.
That's right, everyone is looking for alternative networks because the ethereum network has not been able to reduce costs, which are still quite expensive and of course very difficult for those who want to make transactions. There are several alternative networks, but the most widely used is the BSC, resulting in many now making changes to the BSC network.

I also have the same conclusion as you if BNB as a supporter of BSC has increased high, it will be the same as the current situation on the ethereum network. Of course, it is very difficult to avoid if the supporting coins have increased then ask for a fixed price like the old one.

right now bsc, it's definitely a good alternative and there are polygons too, but maybe at this point bsc is a very widely used alternative, maybe later when ethereum is back there will be changes.

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December 13, 2021, 03:14:11 AM
 #211

I think BSC will be much different from Binance DEX. Where BSC is really made to be an alternative to the ethereum network and I believe BSC is strategically designed and definitely made ready to compete with any project. So far, ethereum is still above the BSC. However, BSC whenever ready will replace ethereum if it again has problems with gas.

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December 14, 2021, 06:38:25 AM
 #212

There are two differences between Ethereum and Wee: Bnb gas free is much less and Ethereum gas free is much more. Gas free seems to be much more according to the market.
The two do have differences, it is impossible even for gas costs to be adjusted to the wishes of cryptocurrency connoisseurs, and what is conveyed is relative and almost what many people want, but now the problem is that when Ethereum gas costs continue to increase and are relatively expensive, while BNB is much smaller it is not. too burdensome, conditions like this make many people choose BNB and will affect ethereum in the future, even though ethereum is also developing well.
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December 14, 2021, 07:34:56 AM
 #213

From my point of view Bnb is much stronger project to invest now for future rather then ETH. I feel eth fees is so much that you will loss good money when you transfer any coin from wallet. I have seen many project has been transfered or accepted bsc chain and this transformation will go up. So I am always with bsc, I like to see a day when Bnb price will be higher then Ethereum. Thank you
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December 14, 2021, 08:15:25 AM
 #214

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
It doesn't matter, though the Ethereum fees actually help to push investors towards Binance smart Chain I am guessing even when ethereum transactions come down if ever it does to the level of BSC, both will still have their share of investors because I don't see the projects on BSC moving away back to Ethereum while new projects will have to consider if there might be another Eth trans fee issue.
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December 14, 2021, 08:52:53 AM
 #215

Ethereum is the world's leading programmable blockchain. Binance Smart Chain (BSC) is a blockchain that runs in parallel with Binance Chain.

QUESTION

ethereum the number 2 coin after bitcoin, eth the problem is the gas fee is very high in its exchange, many companies are now switching or using the bsc network (bep 20), because they know that coin/token exchange is very relatively cheap.

ethereum if the cost of gas drops in a few months, BSC remains the number 3 coin as BSC has a huge adoption in the crypto market.

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December 14, 2021, 09:16:31 AM
 #216

Despite the price decreased of some altcoins in the market, Ethereum is still the best coin anyone can invest and still have something good to earn before the end of 2021. Many customers still believe on ethereum investment because it hard for the coin to fail in this season of celebration.
I know ethereum gas fee will reduce soon for more retailers to have more income to achieve. The gas fee is too high compare to BNB gas fee that is very low in the market which is making many investors to invest more and earn more in the future.

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December 14, 2021, 11:35:02 AM
 #217

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
It doesn't matter, though the Ethereum fees actually help to push investors towards Binance smart Chain I am guessing even when ethereum transactions come down if ever it does to the level of BSC, both will still have their share of investors because I don't see the projects on BSC moving away back to Ethereum while new projects will have to consider if there might be another Eth trans fee issue.
many new projects that use BSC maybe because it has several advantages, they are certainly looking for many investors to support the development of their projects, with high costs of course being an obstacle, so it is not surprising that BSC transactions are currently increasing. but for ethereum it doesn't seem like an obstacle to keep growing

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December 14, 2021, 01:45:50 PM
 #218

Ethereum's charge goes low and that will fulfill everybody again that does a large portion of their exchanges in ERC20 tokens. Since there have been numerous hybrid chains and trades for different token. It's difficult for BSC engineers to move forward their game reason they began from the insufferable gas charge of Ethereum, then, at that point, they need to have something different later Ethereum back to their crown.
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December 14, 2021, 01:51:17 PM
 #219

I see now ethereum gas is very cheap, it's declining like in 2018. But I don't see that BSC will just go down, BSC has a lot of interest and community. I think although the price of ethereum gas is currently cheap, it is possible that because of the current quiet network, if ethereum goes back up the cost of gas will quickly become high. That's what distinguishes it from BSC. BSC remained stable as the price of BNB rose.

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December 14, 2021, 01:59:50 PM
 #220

There are two differences between Ethereum and Wee: Bnb gas free is much less and Ethereum gas free is much more. Gas free seems to be much more according to the market.
Apart from being different in gas costs, there are also other things that make a difference between the two, namely about the features and platforms that are already available so that the service will also be different from each other.

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December 14, 2021, 02:06:32 PM
 #221

I see now ethereum gas is very cheap, it's declining like in 2018. But I don't see that BSC will just go down, BSC has a lot of interest and community. I think although the price of ethereum gas is currently cheap, it is possible that because of the current quiet network, if ethereum goes back up the cost of gas will quickly become high. That's what distinguishes it from BSC. BSC remained stable as the price of BNB rose.
Yeah, I understand that the gas fee is down a bit but I wouldn't call that cheap. I paid $20 as fees to transfer from one wallet to another just yesterday and if I were to have done that transaction over at the BSC, it would have cost less than $1. Like some have said, I too don't believe that even if etheru=eun fees comes down projects will move from BSC to Eth unless BSC happens to have a major problem like ETH had.
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December 14, 2021, 04:57:19 PM
 #222

Of course BSC, the reason for gas transactions is the most important thing for me, and since gas is expensive then I always switch to other coins such as BNB or TRX, if expensive gas can't be overcome then I'm sure in 2022 ETH will come out of the top 10, Solana, BNB and Polygon will shift ETH.

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December 14, 2021, 07:53:27 PM
 #223

Ethereum is the world's leading programmable blockchain. Binance Smart Chain (BSC) is a blockchain that runs in parallel with Binance Chain.

QUESTION

ethereum the number 2 coin after bitcoin, eth the problem is the gas fee is very high in its exchange, many companies are now switching or using the bsc network (bep 20), because they know that coin/token exchange is very relatively cheap.

ethereum if the cost of gas drops in a few months, BSC remains the number 3 coin as BSC has a huge adoption in the crypto market.

It's just that there will be two main competitors, and where there is competition there is always a better offer.What will come out of this, I think we will find out soon.Commissions in the Ethereum network are declining, but for how long we do not know.
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December 16, 2021, 02:38:53 PM
 #224

There are two differences between Ethereum and Wee: Bnb gas free is much less and Ethereum gas free is much more. Gas free seems to be much more according to the market.
The two do have differences, it is impossible even for gas costs to be adjusted to the wishes of cryptocurrency connoisseurs, and what is conveyed is relative and almost what many people want, but now the problem is that when Ethereum gas costs continue to increase and are relatively expensive, while BNB is much smaller it is not. too burdensome, conditions like this make many people choose BNB and will affect ethereum in the future, even though ethereum is also developing well.
Currently BNB is more profitable than ethereum, in fact many projects currently available use BNB, the current development of BNB is increasing and growing compared to previous years, gas costs make many people choose BNB at this time in their transactions, so it's not surprising BNB continues to improve and develop.
In general BNB and Ethereum are still very popular among many people today, but because of the difference in gas costs between the two, so BNB is more in demand for now, but for the demand for these two coins are still in a large category, I think that's one of the reasons why people switch, not only because of the cost of gas, but there are other things that affect it, moreover many projects are currently using the BNB network, so there is no choice but to use it.
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December 16, 2021, 03:16:11 PM
 #225

I think both are the best coin Ethereum and bsc but the main reason is that Ethereum gas fee so high so the people can't arrange money to pay a gas fee .
So they use and support a bsc because there gas fee is very low then compare to etherium .
So in this case Bsc is the best compare to etherium and people full support and use only a bsc.

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December 16, 2021, 10:23:54 PM
 #226

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Ethereum fees are increased for over transaction every time.  and Ethereum gas, on the other hand, has increased relatively little since the launch of Ethereum 2.0. But it will not be stable for long, maybe it will be reduced again in the next few days
This ethereum gas fee is a problem for current ethereum users.  Ethereum fees are indeed unstable, sometimes increasing or decreasing.  but it's still expensive for current ethereum fees compared to BSC fees

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December 16, 2021, 11:49:15 PM
 #227

For now BSC is indeed one of the networks that are currently widely used in making transactions, in addition to cheap gas costs BSC is also fast in making transactions so it is very safe for us to use, and for now many ethereum users who have switched to using BSC because of the very expensive gas costs, then the two networks are currently competing for the best in use in the future, Although later the cost of gas needed is the same, then both networks must always be relied on.

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December 17, 2021, 02:29:17 AM
 #228

Right now i prefer BSC instead of ETH. Anyone who tells you otherwise is a whale or someone who doesn't understand ethereum gas fees.. You will lose much of your profit when it's time to cash out if you buy on ETH. Regardless of ETH 2.0...
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December 17, 2021, 03:23:47 AM
 #229

I don't know when Ethereum 2.0 will be released because until now I haven't found the real answer. Once Ethereum 2.0 is released and transaction fees on the Ethereum network return to normal, there will definitely be more new projects choosing to enter the Ethereum network. I think Ethereum 2.0 will be a serious threat to Binance Smart Chain (BSC).

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December 17, 2021, 03:32:15 AM
 #230

Of course I choose BSC, BSC network is very fast compared to ETH, I once sent ETH tokens which cost around $44 and it took 15 minutes to reach 8 confirmations, whereas sending BNB tokens costing 15 cents only took 20 seconds to reach 10 confirmations.

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December 17, 2021, 05:41:35 AM
 #231

Bsc network is very cheap and easy. Every one can create contract here. Many new small projects and even big use BSC network. Bsc fee is very low compare to Etherium. Meme coins often launch through Bsc network.
Bsc network is very good and indeed now famous in all over the world. A mew comer also know Bsc network and use pancakeswap.









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December 17, 2021, 05:48:45 AM
 #232

Bsc network is very cheap and easy. Every one can create contract here. Many new small projects and even big use BSC network. Bsc fee is very low compare to Etherium. Meme coins often launch through Bsc network.
Bsc network is very good and indeed now famous in all over the world. A mew comer also know Bsc network and use pancakeswap.
Basically the two networks between ETH and BSC have their respective advantages and disadvantages,
but here I prefer the BSC network because as you explained above that the transaction fee is much cheaper than ETH,
I think this is an important consideration and maybe that is the reason why today many people are using the BSC network

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December 17, 2021, 06:11:35 AM
 #233

Bsc network is very cheap and easy. Every one can create contract here. Many new small projects and even big use BSC network. Bsc fee is very low compare to Etherium. Meme coins often launch through Bsc network.
Bsc network is very good and indeed now famous in all over the world. A mew comer also know Bsc network and use pancakeswap.
for a new project, it seems quite difficult if they use Chain ETH at this time. That's because the fees are high. people will think of a cheap way of transacting for now compared to using ethereum. BSC and MATIC are the most common alternatives I have encountered, but this seems to dominate over BSC. besides that, I also see comments that people tend to choose BSC over ETH, and currently, I also use BSC more than ETH.
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December 17, 2021, 06:31:06 AM
 #234

Ethereum gas fee is too higher for many customers to make a good profit from their investment. Many investors still prefer to invest with ethereum just that the gas fee is too higher but if the gas fee can reduce like binance many customers will prefer it than binance investment in the community.
Ethereum investment is still the best to invest in this season of celebration because the gas fee is about to reduce more than binance gas fee which will really attract many investors in this season. Ethereum is good for long term investment and it hard to miss your income at the end of your investment.

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December 17, 2021, 07:59:04 AM
 #235

Of course I choose BSC, BSC network is very fast compared to ETH, I once sent ETH tokens which cost around $44 and it took 15 minutes to reach 8 confirmations, whereas sending BNB tokens costing 15 cents only took 20 seconds to reach 10 confirmations.
BNB has also happened like that, both of them have had problems, but gas costs are a concern for many people, for now I also believe BNB is much better for us to use, than the ethereum network which is still expensive in terms of gas costs, so it's definitely mostly people are choosing BNB for now.
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December 17, 2021, 10:51:09 AM
 #236

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I wouldn't say that BSC would be a better choice than ETH, if you look closely, ETH has had problems with fees for a long time, but the fact is that ETH remains the top altcoin, actually BSC and ETH have their respective devotees. The community is very large, this can be a major factor in the survival of a coin in the crypto market.

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December 17, 2021, 02:22:37 PM
 #237

Right now i prefer BSC instead of ETH. Anyone who tells you otherwise is a whale or someone who doesn't understand ethereum gas fees.. You will lose much of your profit when it's time to cash out if you buy on ETH. Regardless of ETH 2.0...
Looks like you need more understanding about this because buying ETH doesn't mean you have to store it in an ETH wallet as well which can result in a very large amount of entry and withdrawal fees, because if it's only for a short term or not so long you can still store it on popular exchanges like Binance and the like, in that it's also secure although not completely, but if you're just relying on a wallet to store lots of good coins, then definitely BSC is a very good choice for now.

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December 17, 2021, 02:26:55 PM
 #238

For now almost all my cryptocurrencies assets are from BSC, of course because of the very expensive transaction fees from ETH that made me switch assets to BSC, and some projects have also switched to BSC so they send tokens to my wallet on the BSC network.
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December 17, 2021, 04:37:15 PM
 #239

Both coin are best and future for this project is very bright now eth already too much high but bnb in buying range so I recommend buy bnb and hold for big return

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December 17, 2021, 04:55:25 PM
 #240

Eth is the second top coin and already give us a great benefit but now eth price is not affordable for everyone but bnb is now in reasonable price so better is to buy bnb and hold it they give a great return like ETH

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December 17, 2021, 06:39:21 PM
 #241

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Due to the high Eth transection fees, I use BSC most of the time for transection, but many top projects use the Eth network for their builds, and even a few airdrops do Eth transection, although eth transection fee would be less if Eth 2 launched.

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December 17, 2021, 08:43:39 PM
 #242

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Due to the high Eth transection fees, I use BSC most of the time for transection, but many top projects use the Eth network for their builds, and even a few airdrops do Eth transection, although eth transection fee would be less if Eth 2 launched.
I also think so, a lot of people like BSC these days because of the cheap gas cost, the problem is that many good projects are using the ethereum network nowadays, and I think ethereum will never lower the gas cost, so the right choice is definitely BSC, if ethereum is still in the expensive category in transactions.

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December 18, 2021, 02:41:15 AM
 #243

Both of these coins are equally important to me. I have both because at that time ETH had provided a meaningful experience for me and also gave me a change in the economy, for me ETH is a very valuable asset. However, to keep up with current developments and trends, we inevitably have to follow it where BSC is currently becoming stronger because of its growing community.

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December 18, 2021, 01:58:59 PM
 #244

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.
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December 18, 2021, 01:59:27 PM
 #245

Despite the price decreased of some altcoins in the market, Ethereum is still the best coin anyone can invest and still have something good to earn before the end of 2021. Many customers still believe on ethereum investment because it hard for the coin to fail in this season of celebration.
I know ethereum gas fee will reduce soon for more retailers to have more income to achieve. The gas fee is too high compare to BNB gas fee that is very low in the market which is making many investors to invest more and earn more in the future.

You are right, the bad thing about ETH is its fee rates, however BNB has had a very good increase in its price, since it has reached more than 640usd, in these moments it turns out to be a great buying opportunity undoubtedly, if we put everything in Context, for price it is better to buy BNB than the same ETH and the truth is that the projects that are based on the ERC-20 network, many people including me flee from it because their fees are so extremely expensive.

The BTC market in general is going down in price, I am sure that when the price recovers it will reach a great level, but I think that for now it is hodl to what it has.

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December 18, 2021, 02:56:44 PM
 #246

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.
I haven't heard that ethereum has low gas costs, can you show us that ethereum gas costs are cheap, but when it comes to innovative projects, ethereum has it, whereas in BSC only some projects have it, only transaction fees in BNB is still in the cheap category at this time, therefore both have different audiences, depending on the needs that people want.

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December 18, 2021, 03:20:50 PM
 #247

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.
I haven't heard that ethereum has low gas costs, can you show us that ethereum gas costs are cheap, but when it comes to innovative projects, ethereum has it, whereas in BSC only some projects have it, only transaction fees in BNB is still in the cheap category at this time, therefore both have different audiences, depending on the needs that people want.
Yes, BSC is very cheap and ETH is the most expensive, that's why BSC is widely used in projects such as Metaverse and NFT which are used for processing transactions. even though the ETH audience is already very large and is the first smart contract to help developers process transactions on the blockchain. but that's competition, there will be advantages and disadvantages between BSC and ETH but luckily we are the ones who enjoy it the system update

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December 18, 2021, 04:18:22 PM
 #248

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.
I haven't heard that ethereum has low gas costs, can you show us that ethereum gas costs are cheap, but when it comes to innovative projects, ethereum has it, whereas in BSC only some projects have it, only transaction fees in BNB is still in the cheap category at this time, therefore both have different audiences, depending on the needs that people want.
Yes, BSC is very cheap and ETH is the most expensive, that's why BSC is widely used in projects such as Metaverse and NFT which are used for processing transactions. even though the ETH audience is already very large and is the first smart contract to help developers process transactions on the blockchain. but that's competition, there will be advantages and disadvantages between BSC and ETH but luckily we are the ones who enjoy it the system update
Due to the emergence of NFT and Metaverse, and even a few new phenomena as well as old projects recently, the cost of BSC is also starting to show some slight signs of increase, too many users and conversions force the system to run in such a direction, even though it's not that significant right now, over time accumulating will make it possible to reach fees as expensive as ethereum. While Ethereum is in the process of reducing costs, it makes the forces of both have very similar signs of displacement, can't know which side the last smile will go to

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December 18, 2021, 05:32:56 PM
 #249

Will the ether gas fee ever decrease? If not because of the huge amount of trade in UNISWAP . Due to which the amount of transfer is more and the block is increased. For which the ether gas fee increases. But that is not all. However, it has the ability to take pressure. For which BSC  gas fee is always low. And many traders now trade with BSc. The main reason is high gas fees which cannot be paid for a long time. But it is also a lot of fun to trade for a much lower fee in BSc. So I think. Even if the ether gas fee is low, people will work in BSc.
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December 20, 2021, 10:02:56 AM
 #250

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Personally, I'm still very interested in ERC20 even though at the Moment the Transaction fees are very high compared to binance. For the two cryptos, they have different innovations and of course have their own fans. in that case the advantages of Ethereum are clearly visible and there are still many Holders.

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December 20, 2021, 10:58:20 AM
 #251

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I wouldn't say that BSC would be a better choice than ETH, if you look closely, ETH has had problems with fees for a long time, but the fact is that ETH remains the top altcoin, actually BSC and ETH have their respective devotees. The community is very large, this can be a major factor in the survival of a coin in the crypto market.
Right now users have to concern about transaction fees not a which one top altcoins or not. Undoubtedly ETH still top alt if considering the price and big community than BSC. But it’s gas fee is really big factor to most of the users who's can't make transaction for the crazy gas fees.  

It's also natural that the gas is crazy because remembering that the price of ethereum is now very expensive, that's why it is easier for people to use the BSC network than ETH.
Sometimes the price of gas with the price of tokens that we want to sell is even more expensive gas And for now I myself prefer to use BSC/BNB rather than ETH.
But we also see now that there are many new projects that use the BSC network instead of the ETH network.
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December 20, 2021, 11:31:50 AM
 #252

Ethereum is by far the biggest layer 1 protocol project. Despite the gas fees, a lot of big projects are still building on ETH, so you can imagine for yourself what will happen when ETH 2.0 finally comes on board fully and the transaction fee reduces. ETH will take the day over BSC any time any day.

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December 20, 2021, 05:43:56 PM
 #253

You're absolutely right because of gas fees people had to wait for the gwei to be decreased so that they could transfer their coins to the exchanges or different wallets that's why most famous projects prefer to startup their coins on bscscan bcz that's the best way they could get higher profit as people would buy more bcz if lower fees so I prefer bsc token more as compared to eth

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December 20, 2021, 05:46:45 PM
 #254

If you look, many people are starting to move away from ETH now. The main reason is their fees. Now BSc is keeping their fees low. All the projects are running towards them.  But many are trying to find out if ETH will solve it. If not solved then BSc will be in the market as second best

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December 20, 2021, 06:15:57 PM
 #255

BSC is currently very well prepared to deal with such flows even though Ethereum is unlikely to get very low gas fees with high dex volumes on ethereum and very high ethereum prices for now, I am very optimistic that the BSC platform will continue to survive even if this happens in the future and will remain the choice of many investors to trade on the BSC platform.

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December 20, 2021, 06:52:18 PM
 #256

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I wouldn't say that BSC would be a better choice than ETH, if you look closely, ETH has had problems with fees for a long time, but the fact is that ETH remains the top altcoin, actually BSC and ETH have their respective devotees. The community is very large, this can be a major factor in the survival of a coin in the crypto market.
Right now users have to concern about transaction fees not a which one top altcoins or not. Undoubtedly ETH still top alt if considering the price and big community than BSC. But it’s gas fee is really big factor to most of the users who's can't make transaction for the crazy gas fees.  

It's also natural that the gas is crazy because remembering that the price of ethereum is now very expensive, that's why it is easier for people to use the BSC network than ETH.
Sometimes the price of gas with the price of tokens that we want to sell is even more expensive gas And for now I myself prefer to use BSC/BNB rather than ETH.
But we also see now that there are many new projects that use the BSC network instead of the ETH network.

Developers think out of the box now they are using alternative chain to allow even small time trader and investor to profit
with the project they created, most of those projects that developed inside ERC need to pay a high transaction fee, which is not
practical if you are just investing a small amount of money, BSC will be your best option.

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December 21, 2021, 08:07:57 AM
 #257

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Due to the high Eth transection fees, I use BSC most of the time for transection, but many top projects use the Eth network for their builds, and even a few airdrops do Eth transection, although eth transection fee would be less if Eth 2 launched.
I also think so, a lot of people like BSC these days because of the cheap gas cost, the problem is that many good projects are using the ethereum network nowadays, and I think ethereum will never lower the gas cost, so the right choice is definitely BSC, if ethereum is still in the expensive category in transactions.

yes, if ethereum still has expensive transaction fees then we should use Binance and also polygons, in my opinion this is a good alternative to avoid the high transaction fees in Erc20. If in the future there are changes and the transaction fees are cheap again, we will return to using the Erc20 platform

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December 21, 2021, 01:24:06 PM
 #258

BSC is currently very well prepared to deal with such flows even though Ethereum is unlikely to get very low gas fees with high dex volumes on ethereum and very high ethereum prices for now, I am very optimistic that the BSC platform will continue to survive even if this happens in the future and will remain the choice of many investors to trade on the BSC platform.
Ethereum was also a cheap alternative to bitcoin a few years ago, but now it is sometimes more costly to use the ethereum network than bitcoin blockchain to transact. I for ine believe that BNB is not that popular even now and sometime in the future when it get enough popular to compete with ETH then also there would a problem arise related to high transaction fees on BNB and then people will again look for a cheap alternative just like now.
It is precisely what makes gas costs more expensive, due to the development of the coin being more in demand, the more developed the coin is, the more expensive the gas costs will be, as well as BNB, if later he is able to be in the number two position on coinmarketcap, then automatically Ordinary gas will adjust to the needs, it can even be more expensive than Ethereum gas costs, so it's no wonder why gas costs are expensive for Ethereum at this time.
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December 21, 2021, 02:14:50 PM
 #259

yes, if ethereum still has expensive transaction fees then we should use Binance and also polygons, in my opinion this is a good alternative to avoid the high transaction fees in Erc20. If in the future there are changes and the transaction fees are cheap again, we will return to using the Erc20 platform
What you need to understand is that ERC20 is a different network from BNB and Matic so there are things that can't be tricked for this and you have to stick with ERC20 in things that don't have BSC and Polygon Alternatives, so not everything can be tricked very easily good for this kind of thing.
because indeed not all erc20 tokens are also available on other networks such as BSC. although we can see some projects are also releasing their tokens in two chains at once. or someone decides to migrate to another chain. most of the reasons are the same, very classic, transaction fees.
if what is being developed is a good project and indeed has a strong market. Of course, choosing a strong network with many users will certainly not be a problem. because several new projects are more confident and focus on development on the ethereum network. instead of opting for a lower transaction fee.
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December 21, 2021, 02:33:07 PM
 #260

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.
for now the cost of the BSC network is much cheaper than the ETH network, and this is a fact that is happening today. I admit that the prospects for projects on the ETH network are more promising, but most people prefer projects on the BSC network because the transaction fees are much cheaper. according to my observations nowadays it is very rare for new projects to be on the ETH network as developers avoid high fees when sending tokens to investors' wallets.

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December 21, 2021, 07:18:36 PM
 #261

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.

Nope, eth fees are a bit higher than BSC fees and nowadays, many new projects prefer to run under BSC network instead of the ethereum one. Due to my daily routine in hunting airdrop on bsc's projects, I use BSC more than ethereum.
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December 22, 2021, 10:07:32 AM
 #262

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.

Nope, eth fees are a bit higher than BSC fees and nowadays, many new projects prefer to run under BSC network instead of the ethereum one. Due to my daily routine in hunting airdrop on bsc's projects, I use BSC more than ethereum.
I think it's still a balance between using the ethereum network with BSC, but I'm not very good at airdrops at the moment, so there's no further explanation regarding network usage in the airdrop, but in my bounty participation I saw a lot of good projects that use the ethereum network, although there is also a BSC network , but most of the good projects nowadays use the ethereum network, believe it or not you can find out for yourself on bounty.
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December 22, 2021, 10:36:25 AM
 #263

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
All going home can be happened, but talking opportunities for all networks must have the way and the development they do, today many people talk about the cost of Ethereum which are still so high, but many people also make transactions on the network, while BSC has cheap gas costs And many people use the network, but what we need to know is, many projects currently use both networks, there are no further references, if they continue they do and continue to work with various projects in the Crypto room.

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December 23, 2021, 07:42:18 AM
 #264

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
All going home can be happened, but talking opportunities for all networks must have the way and the development they do, today many people talk about the cost of Ethereum which are still so high, but many people also make transactions on the network, while BSC has cheap gas costs And many people use the network, but what we need to know is, many projects currently use both networks, there are no further references, if they continue they do and continue to work with various projects in the Crypto room.
This is true because many projects are currently using their network, BSC and Ethereum are in second and third position in crypto, this will encourage many projects to cooperate with them, although there are many other networks they can collaborate with, but speaking of level trust, then the current project will definitely use BSC and Ethereum, the issue of cheap gas costs and even that is another discussion for the project being launched at this time, because actually, the project only wants a level of success, not cheap or expensive gas costs.
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December 23, 2021, 07:48:09 AM
 #265

Of course BSC, when there was a significant increase in gas costs since last April made me divert around 85% of assets from ETH and ERC-20 tokens to MATIC, TRON, Sandbox and so on, I think ETH will end soon because it is considered an old network that is very slow and expensive.
I agree about the effectiveness of BSC but, I disagree about Eth ending soon.

It's far from ending and despite the high fee, we still see how huge the demand for ethereum and it's not changing the fact that people still holds and invests on it.

Next year, if the 2.0 comes, you'll see why it's far from ending.

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December 23, 2021, 08:17:18 AM
 #266

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
All going home can be happened, but talking opportunities for all networks must have the way and the development they do, today many people talk about the cost of Ethereum which are still so high, but many people also make transactions on the network, while BSC has cheap gas costs And many people use the network, but what we need to know is, many projects currently use both networks, there are no further references, if they continue they do and continue to work with various projects in the Crypto room.
This is true because many projects are currently using their network, BSC and Ethereum are in second and third position in crypto, this will encourage many projects to cooperate with them, although there are many other networks they can collaborate with, but speaking of level trust, then the current project will definitely use BSC and Ethereum, the issue of cheap gas costs and even that is another discussion for the project being launched at this time, because actually, the project only wants a level of success, not cheap or expensive gas costs.
All projects must have a big success target, if not then the project launched will just sink, this will affect people in determining which choices should be taken, in this case the problem is many projects that use the BSC and Ethereum networks in running The project, so there is no purgretty other than using it.

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December 23, 2021, 08:45:12 AM
 #267

If you look, many people are starting to move away from ETH now. The main reason is their fees. Now BSc is keeping their fees low. All the projects are running towards them.  But many are trying to find out if ETH will solve it. If not solved then BSc will be in the market as second best

I think what you say is wrong. they are not moving away from ETH now, it's just that they are looking for other alternatives to make it easier for many people to make transactions or look for cheaper alternatives by using BSC or Matic. i think bsc will not replace ethereum

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December 23, 2021, 08:55:31 AM
 #268

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

ETH is only suitable for those who have tens of thousands of dollars in assets so they don't find it difficult to pay transaction fees that reach around $50 for ERC-20 tokens or around $15 for ETH transactions. For me, BSC is still my favorite because of the low transaction fees.

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December 23, 2021, 09:46:31 AM
 #269

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Due to the high Eth transection fees, I use BSC most of the time for transection, but many top projects use the Eth network for their builds, and even a few airdrops do Eth transection, although eth transection fee would be less if Eth 2 launched.
I also think so, a lot of people like BSC these days because of the cheap gas cost, the problem is that many good projects are using the ethereum network nowadays, and I think ethereum will never lower the gas cost, so the right choice is definitely BSC, if ethereum is still in the expensive category in transactions.

however is the case with erc20, many large companies use the erc 20 platform to make their projects successful. they don't care about the cost of ethereum fees are very expensive, what they think is the quality and potential of the platform so many good projects use the ethereum network today. I think this is a potential that ethereum has

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December 23, 2021, 10:11:42 AM
 #270

yes, if ethereum still has expensive transaction fees then we should use Binance and also polygons, in my opinion this is a good alternative to avoid the high transaction fees in Erc20. If in the future there are changes and the transaction fees are cheap again, we will return to using the Erc20 platform
What you need to understand is that ERC20 is a different network from BNB and Matic so there are things that can't be tricked for this and you have to stick with ERC20 in things that don't have BSC and Polygon Alternatives, so not everything can be tricked very easily good for this kind of thing.

Of course it's true that I will return to using erc20 if the problem of expensive transaction fees is resolved by the ethereum developers, but for now just looking for a solution by only using other platforms such as polygon and binance

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December 23, 2021, 12:07:11 PM
 #271

I'm sure the BSC will still be used by many people. Yes, ETH may be cheap and gas costs go down but it's temporary. While BSC has the advantage of being able to accommodate more transactions per second than the ethereum network. What could save ethereum right now is ethereum 2.0 which doesn't know when it will be released. We hope it will be in 2022 soon.

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December 23, 2021, 03:04:45 PM
 #272

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

ETH is only suitable for those who have tens of thousands of dollars in assets so they don't find it difficult to pay transaction fees that reach around $50 for ERC-20 tokens or around $15 for ETH transactions. For me, BSC is still my favorite because of the low transaction fees.
to cut transaction fees do not make transactions during peak hours. the ETH network does have very high transaction fees but if you get an altcoin that is on the ETH network the price is usually quite high and when you sell it you can get more money than the transaction fee. I have proven that new altcoins on the ETH network usually have quite a high price and are great for long term investments.

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December 23, 2021, 04:17:17 PM
 #273

Both are best and have a bright future but now Eth already pump too much bsc not perform well yet because Bsc use case is too much so we can see a huge pump in this so better to hold it

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December 24, 2021, 08:21:52 AM
 #274

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
All going home can be happened, but talking opportunities for all networks must have the way and the development they do, today many people talk about the cost of Ethereum which are still so high, but many people also make transactions on the network, while BSC has cheap gas costs And many people use the network, but what we need to know is, many projects currently use both networks, there are no further references, if they continue they do and continue to work with various projects in the Crypto room.
This is true because many projects are currently using their network, BSC and Ethereum are in second and third position in crypto, this will encourage many projects to cooperate with them, although there are many other networks they can collaborate with, but speaking of level trust, then the current project will definitely use BSC and Ethereum, the issue of cheap gas costs and even that is another discussion for the project being launched at this time, because actually, the project only wants a level of success, not cheap or expensive gas costs.
All projects must have a big success target, if not then the project launched will just sink, this will affect people in determining which choices should be taken, in this case the problem is many projects that use the BSC and Ethereum networks in running The project, so there is no purgretty other than using it.
The question of using it is each choice which one is more suitable, but what we need to understand is that currently many large projects use the ethereum smart chain network, so bounty bounty hunters are forced to use it, in contrast to BSC, many projects being developed are still in the ordinary category, even though there are big projects that have only a few successes, this condition makes people have to think twice, use or let not follow these good projects, and I think the answer lies with each of us .
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December 24, 2021, 09:09:27 AM
 #275

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
All going home can be happened, but talking opportunities for all networks must have the way and the development they do, today many people talk about the cost of Ethereum which are still so high, but many people also make transactions on the network, while BSC has cheap gas costs And many people use the network, but what we need to know is, many projects currently use both networks, there are no further references, if they continue they do and continue to work with various projects in the Crypto room.
This is true because many projects are currently using their network, BSC and Ethereum are in second and third position in crypto, this will encourage many projects to cooperate with them, although there are many other networks they can collaborate with, but speaking of level trust, then the current project will definitely use BSC and Ethereum, the issue of cheap gas costs and even that is another discussion for the project being launched at this time, because actually, the project only wants a level of success, not cheap or expensive gas costs.
All projects must have a big success target, if not then the project launched will just sink, this will affect people in determining which choices should be taken, in this case the problem is many projects that use the BSC and Ethereum networks in running The project, so there is no purgretty other than using it.
The question of using it is each choice which one is more suitable, but what we need to understand is that currently many large projects use the ethereum smart chain network, so bounty bounty hunters are forced to use it, in contrast to BSC, many projects being developed are still in the ordinary category, even though there are big projects that have only a few successes, this condition makes people have to think twice, use or let not follow these good projects, and I think the answer lies with each of us .
What I know both has a successful project, although most now the Ethereum has a better project than BNB, but in Crypto there are still many smart contracts other than both, but many people talk about high and cheap gas costs, if we want to discuss it, So many other things are cheaper and expensive gas costs, but because many projects use both networks, they are the ones who continue to be discussed.

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December 24, 2021, 11:02:49 AM
 #276

For me, ETH will always be better than BSC. Due to the low gas in ETH I recently started using ETH even more often than BSC. There are no innovative projects in BSC so I don't think I will be here for a very long time.

Nope, eth fees are a bit higher than BSC fees and nowadays, many new projects prefer to run under BSC network instead of the ethereum one. Due to my daily routine in hunting airdrop on bsc's projects, I use BSC more than ethereum.
Folks, I think that there's no need to choose between Ethereum or Binance Smart Chain when you can always invest on both of it. The only thing that people chooses BSC over ETH is that its trading or transaction fees are much cheaper compared to ethereum. About projects, they're both promising. But if you believed that someday soon ETH will likely to reduce its gas fees then hold unto it. As for me, I have those two on my portfolio but I did invested on ETH or than I did in BSC.

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December 24, 2021, 11:25:05 AM
 #277

If you see the number of users using the BSC network in all transactions, it indicates that the BSC network is an alternative at this time. but will the cost of BSC remain the same as it is today if users use this network in the next few years?. and the cost for the eth network I think will be difficult to come down in the next 3 months
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December 26, 2021, 07:01:26 PM
 #278

If you see the number of users using the BSC network in all transactions, it indicates that the BSC network is an alternative at this time. but will the cost of BSC remain the same as it is today if users use this network in the next few years?. and the cost for the eth network I think will be difficult to come down in the next 3 months
I think more and more use, the more expensive gas costs, today the use of BSC has not been as much as possible by people on Ethereum, so it does not allow BSC to raise the gas costs, but in the next year, if the use of BSC is increasing and developing, I am sure the gas costs will be expensive as the Ethereum, today they are interesting in people in Crypto, to achieve a large target of using BSC, when they are achieved, then the gas costs will automatically be raised by itself.

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December 26, 2021, 07:28:29 PM
 #279

BSC will be the coin of choice that remains in demand by many communities or groups after Ethereum, even though the cost of gas has decreased over time. I don't think Ethereum's gas cost reduction will happen again because the gas cost calculation depends on the coin price. If the price of Ethereum continues to increase, the gas costs for each transaction will also increase.
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December 26, 2021, 08:53:36 PM
 #280

If you see the number of users using the BSC network in all transactions, it indicates that the BSC network is an alternative at this time. but will the cost of BSC remain the same as it is today if users use this network in the next few years?. and the cost for the eth network I think will be difficult to come down in the next 3 months
I think more and more use, the more expensive gas costs, today the use of BSC has not been as much as possible by people on Ethereum, so it does not allow BSC to raise the gas costs, but in the next year, if the use of BSC is increasing and developing, I am sure the gas costs will be expensive as the Ethereum, today they are interesting in people in Crypto, to achieve a large target of using BSC, when they are achieved, then the gas costs will automatically be raised by itself.
The fact will be like that, the more attractive their market, the higher their price and their demand, the greater the gas that must be applied because this is a certainty.
Reflecting on the eth gas, which is getting bigger and bigger, something like this will definitely happen to BSC, although the increase won't be too significant, I think, but the increase will definitely happen.

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December 26, 2021, 09:01:31 PM
 #281

to be honest these are two great products that I use and enjoy and having to separate the two will be a daunting task as both smart coins different purposes and their own strengths and weaknesses but if we say based on the number of tokens one houses it has to be ethereum but if its based on spend and less transaction fees to be paid it goes to BSC.

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December 27, 2021, 04:32:50 PM
 #282

BSC will be the coin of choice that remains in demand by many communities or groups after Ethereum, even though the cost of gas has decreased over time. I don't think Ethereum's gas cost reduction will happen again because the gas cost calculation depends on the coin price. If the price of Ethereum continues to increase, the gas costs for each transaction will also increase.
The basic concept is like that, if the price of Etherum goes up, the gas will automatically go up, so it's impossible for the cost of ethereum gas to go down if the condition of the coin goes up, even though if you look closely, usually the gas cost for each transaction will go up if you pay attention and grow, especially in the ethereum class, which is currently the number two cryptocurrency after bitcoin, conditions like this are what make ethereum growing.
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December 27, 2021, 04:37:55 PM
 #283

I like eth more because decentralization and the in built burning it has now. However I use bsc more because eth gas fees are way too high to actually use that chain. I believe both have a spot in the crypto markets. bsc would be a layer 2 solution for eth.
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December 27, 2021, 04:41:22 PM
 #284

If you see the number of users using the BSC network in all transactions, it indicates that the BSC network is an alternative at this time. but will the cost of BSC remain the same as it is today if users use this network in the next few years?. and the cost for the eth network I think will be difficult to come down in the next 3 months
I think more and more use, the more expensive gas costs, today the use of BSC has not been as much as possible by people on Ethereum, so it does not allow BSC to raise the gas costs, but in the next year, if the use of BSC is increasing and developing, I am sure the gas costs will be expensive as the Ethereum, today they are interesting in people in Crypto, to achieve a large target of using BSC, when they are achieved, then the gas costs will automatically be raised by itself.
The fact will be like that, the more attractive their market, the higher their price and their demand, the greater the gas that must be applied because this is a certainty.
Reflecting on the eth gas, which is getting bigger and bigger, something like this will definitely happen to BSC, although the increase won't be too significant, I think, but the increase will definitely happen.
Not surprisingly in the future BSC will also apply gas fees such as Ethereum, if the BSC development concept is successful and well developed, because the basic formula is clear, when the BSC develops and strengthens, the gas costs will automatically get higher, this certainty has been proven by the Ethereum in the pastpast, so today their gas costs are increasingly expensive and do not affect the slightest ethereum in sales.

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Alanaz
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December 29, 2021, 05:04:45 AM
 #285

If you see the number of users using the BSC network in all transactions, it indicates that the BSC network is an alternative at this time. but will the cost of BSC remain the same as it is today if users use this network in the next few years?. and the cost for the eth network I think will be difficult to come down in the next 3 months
I think more and more use, the more expensive gas costs, today the use of BSC has not been as much as possible by people on Ethereum, so it does not allow BSC to raise the gas costs, but in the next year, if the use of BSC is increasing and developing, I am sure the gas costs will be expensive as the Ethereum, today they are interesting in people in Crypto, to achieve a large target of using BSC, when they are achieved, then the gas costs will automatically be raised by itself.
The fact will be like that, the more attractive their market, the higher their price and their demand, the greater the gas that must be applied because this is a certainty.
Reflecting on the eth gas, which is getting bigger and bigger, something like this will definitely happen to BSC, although the increase won't be too significant, I think, but the increase will definitely happen.
Not surprisingly in the future BSC will also apply gas fees such as Ethereum, if the BSC development concept is successful and well developed, because the basic formula is clear, when the BSC develops and strengthens, the gas costs will automatically get higher, this certainty has been proven by the Ethereum in the pastpast, so today their gas costs are increasingly expensive and do not affect the slightest ethereum in sales.
because the more the price goes up, the more costs are needed for gas, on the other hand I feel that technological updates that are getting better and better will increase the cost a little there.
I myself feel that this is not too much of a problem because indeed things like this are quite natural actions if you see the gas getting bigger and bigger

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December 29, 2021, 06:47:32 AM
 #286

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
In my opinion, the BSC network is more efficient with relatively small gas costs... but it can't be denied, Ethereum with the second largest market capitalization.
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December 29, 2021, 08:20:05 AM
 #287

Potential ecosystem with millions of users to access. There is strong backing. BSC best!

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December 29, 2021, 09:07:38 AM
 #288

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Right now, BSC (which I understand is a fork of Ethereum) has the advantage of having lower fees, but still lacks the decentralization and network effects of Ethereum. When Ethereum becomes scalable, assuming it is at least as user-friendly as BSC, users will probably overwhelmingly prefer Ethereum.
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January 03, 2022, 12:50:21 PM
 #289

I think the price of Ethereum is right now but Gras Free is a lot.  It is very difficult to transact any erc20 token due to the gras free.  But bnb seems a lot to me.
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January 03, 2022, 01:00:08 PM
 #290

The ethereum network is too dense because the few block transactions made per second of ethereum will only return to normal in a very short time. Suppose if in the morning few people transact then the price of gas will be cheap. However, if tomorrow there is an event or airdrop that requires many people in transacting ethereum very quickly back up its gas. BSC has larger transactions per second therefore if ethereum does not get an upgrade then bsc will be ready to replace the ethereum network.

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Cryptock
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January 03, 2022, 05:43:21 PM
 #291

I think the price of Ethereum is right now but Gras Free is a lot.  It is very difficult to transact any erc20 token due to the gras free.  But bnb seems a lot to me.

You described exactly what makes the biggest difference between ETH and BSC, which is the amount of transaction fees. We all know that ETH is a much larger project as it has been around for a lot longer. Many more users use ETH, which is why transaction fees are so high. If, with the introduction of Ethereum 2, transaction fees do not drop, in my opinion it will only be a matter of time before the BSC will overtake the ETH.

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January 09, 2022, 07:32:03 PM
 #292

BSC will be the coin of choice that remains in demand by many communities or groups after Ethereum, even though the cost of gas has decreased over time. I don't think Ethereum's gas cost reduction will happen again because the gas cost calculation depends on the coin price. If the price of Ethereum continues to increase, the gas costs for each transaction will also increase.
The basic concept is like that, if the price of Etherum goes up, the gas will automatically go up, so it's impossible for the cost of ethereum gas to go down if the condition of the coin goes up, even though if you look closely, usually the gas cost for each transaction will go up if you pay attention and grow, especially in the ethereum class, which is currently the number two cryptocurrency after bitcoin, conditions like this are what make ethereum growing.
Gas fees on each transaction can affect each type of friend network. We can see that currently very many are using the Binance Smart Chain (BSC) network instead of the Ethereum network in every project. They (Dev) calculate the total cost to be incurred on each token delivery. If a project uses the Ethereum network and 1000 participants participate in a project, what is the total cost?
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January 09, 2022, 07:42:46 PM
 #293

I hope Ethereum is able to fix gas prices quickly. Because currently the whole network is almost not usable. It's decentralized and all that but at which cost...
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January 16, 2022, 01:12:04 PM
 #294

BSC will be the coin of choice that remains in demand by many communities or groups after Ethereum, even though the cost of gas has decreased over time. I don't think Ethereum's gas cost reduction will happen again because the gas cost calculation depends on the coin price. If the price of Ethereum continues to increase, the gas costs for each transaction will also increase.
The basic concept is like that, if the price of Etherum goes up, the gas will automatically go up, so it's impossible for the cost of ethereum gas to go down if the condition of the coin goes up, even though if you look closely, usually the gas cost for each transaction will go up if you pay attention and grow, especially in the ethereum class, which is currently the number two cryptocurrency after bitcoin, conditions like this are what make ethereum growing.
Gas fees on each transaction can affect each type of friend network. We can see that currently very many are using the Binance Smart Chain (BSC) network instead of the Ethereum network in every project. They (Dev) calculate the total cost to be incurred on each token delivery. If a project uses the Ethereum network and 1000 participants participate in a project, what is the total cost?
It depends on the project they are holding, as far as I know each project has its own contract in determining the choice of what network they use, so managers will make special lobbies to determine the network, it is true that currently many projects are using the Binance Smart Chain network ( BSC), but it will be different from the project in service, they do not use the Ethereum network, BSC, Polygon or others.
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January 16, 2022, 02:27:50 PM
 #295

I hope Ethereum is able to fix gas prices quickly. Because currently the whole network is almost not usable. It's decentralized and all that but at which cost...
Therefore, users are switching to alternative options now to make transactions on Ethereum is an expensive pleasure.The binance chain is still coping with its task, but even here more profitable variations are already appearing.
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January 16, 2022, 05:50:05 PM
 #296

I hope Ethereum is able to fix gas prices quickly. Because currently the whole network is almost not usable. It's decentralized and all that but at which cost...
Therefore, users are switching to alternative options now to make transactions on Ethereum is an expensive pleasure.The binance chain is still coping with its task, but even here more profitable variations are already appearing.
That's the best advantage, there are many new projects who use BSC now since the transaction fee in using ETH is really expensive, it's better to find other alternatives even ERC is still great and secure but consumers wise, BSC will be more on the side of favorable investors and traders, they will patronize cheaper fees than the one they usually use before.

Aside from these two chains, there are other alternatives in which traders are aiming to be familiarized and take advantage. Roll Eyes  Wink

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January 16, 2022, 08:15:40 PM
 #297

BSC and Ethereum blockchain are the most popular blockchains among altcoins and recently BSC is very fast approaching the heights of Ethereum blockchain and I think that soon BSC can easily overtake Ethereum blockchain, and I also would like to see when BSC will overtake Ethereum blockchain, because Ethereum blockchain is a blockchain for rich people and I hope time will come when less people will use this blockchain, but unfortunately, even if transactions through the Ethereum blockchain will only grow, a huge number of people will still use this blockchain, but I am glad that Ethereum blockchain has a direct competitor and its BSC. 
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January 17, 2022, 07:32:18 AM
 #298

BSC and Ethereum blockchain are the most popular blockchains among altcoins and recently BSC is very fast approaching the heights of Ethereum blockchain and I think that soon BSC can easily overtake Ethereum blockchain, and I also would like to see when BSC will overtake Ethereum blockchain, because Ethereum blockchain is a blockchain for rich people and I hope time will come when less people will use this blockchain, but unfortunately, even if transactions through the Ethereum blockchain will only grow, a huge number of people will still use this blockchain, but I am glad that Ethereum blockchain has a direct competitor and its BSC. 
The focus this time is not beating the ethereum blockchain, in my opinion Binance Smart Chain (BSC) has a big target going forward, today the use of Binance Smart Chain is increasing, it shows that this exchange is getting more attractive to reach the top 5 exchanges, for the current development BSC is quite being able to become a top competitor, it is possible to replace big ethereum, if in the future BSC is increasingly in demand and becomes an alternative to high transaction costs.
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January 17, 2022, 07:45:08 AM
 #299

I hope Ethereum is able to fix gas prices quickly. Because currently the whole network is almost not usable. It's decentralized and all that but at which cost...
Therefore, users are switching to alternative options now to make transactions on Ethereum is an expensive pleasure.The binance chain is still coping with its task, but even here more profitable variations are already appearing.
That's the best advantage, there are many new projects who use BSC now since the transaction fee in using ETH is really expensive, it's better to find other alternatives even ERC is still great and secure but consumers wise, BSC will be more on the side of favorable investors and traders, they will patronize cheaper fees than the one they usually use before.

Aside from these two chains, there are other alternatives in which traders are aiming to be familiarized and take advantage. Roll Eyes  Wink
New project using BSC network usually not potential at the future and existing only few week after launching, many time new BSC project just giving much profit for developer only and many investor much money because holding coin for long term until developer out liquidity. Better choose with ERC20 coin network because has higher gas fees and developer will waste much money for swap or out liquidity on dapp exchange market. I have got many time scam BSC coin network like dev run away and price suddenly dump just few weeks only after coin launching to public.

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Alanaz
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January 29, 2022, 07:26:56 PM
 #300

New project using BSC network usually not potential at the future and existing only few week after launching, many time new BSC project just giving much profit for developer only and many investor much money because holding coin for long term until developer out liquidity. Better choose with ERC20 coin network because has higher gas fees and developer will waste much money for swap or out liquidity on dapp exchange market. I have got many time scam BSC coin network like dev run away and price suddenly dump just few weeks only after coin launching to public.
The negative impact of the low fees they do will definitely be like this, apart from being profitable because the fees are cheaper. BSC is also often used like this because there are so many BSC projects that are very difficult to turn into for investors' profits.
In contrast to ERC20, the developers have to think twice about getting out of there because the gas in ERC 20 is quite draining.
but on the other hand I feel that not all BSC projects are like that, but the average is as you say

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January 30, 2022, 08:29:37 AM
 #301

In terms of consistency and improvements I will go along with the ETH but with the tx fee price I think many people including me are now using BSC for faster and cheaper transaction but there are some bugs I see before which we hope have been fix already. But it is no doubt that ETH is much more better than BSC as of now but if they don't do something with the fee and many companies started to create their own project to BSC then I think the BSC will be the people's choice.

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mamesso
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January 30, 2022, 09:58:13 AM
 #302

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
In terms of functionality and innovation offered, Binance smart chain (BSC) has the opportunity to continue to compete with the Ethereum (ETH), The reason lies in the network model applied by these 2 platforms, ETH decentralized while BSC centralized. Both of these platforms have new innovations to be implemented.
Regarding trust and security, Ethereum platform is better than BSC. But back again to the tastes of users to these 2 platforms, basically ETH and BSC both have their own fans.

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Fredomago
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January 30, 2022, 01:14:50 PM
 #303

New project using BSC network usually not potential at the future and existing only few week after launching, many time new BSC project just giving much profit for developer only and many investor much money because holding coin for long term until developer out liquidity. Better choose with ERC20 coin network because has higher gas fees and developer will waste much money for swap or out liquidity on dapp exchange market. I have got many time scam BSC coin network like dev run away and price suddenly dump just few weeks only after coin launching to public.

Scammers are everywhere, if you are pointing the developers can easily dumped the coin, they can also do that using erc as long as they seen money that comes up from the investors, it's always best to do deeper research and not just to follow the hypes, most of the new project just like what you said are easily being dumped.

If you like riding with that kind of scheme, make sure that you are good at anticipating.

You are going to waste your money if you keep being victimized, do your DYOR and it will lessen the chance of losing..

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January 30, 2022, 03:10:36 PM
 #304

Quote
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

For now, many prefer BSC because the gas fee is very low compared to ethereum gas fee that is too high for investors to make a good income. If ethereum gas fee reduce today Many users will change their decision to embark on ethereum than BSC because ethereum is good for short term and long term investment.
The reason why many still stand with BSC is because the fee is very low for them to make a huge amount of profits from their investment.

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January 30, 2022, 03:49:26 PM
 #305

Ethereum's high gas costs are one reason. But BSC is supported by Binance Exchange.
My question, are you sure that Ethereum gas costs will go down?
Since you created this topic until now it is just a wish that has not come true. BSC will still be in demand when Ethereum gas costs drop, and even then if it materializes.

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January 30, 2022, 04:02:38 PM
 #306

If ETH doesn't lower the transaction fee, I think people will leave it gradually. There are already some alternatives now, they offer a better service and cheap transaction fees. The best alternative is BSC, very possible to defeat ETH in the future. I think BSC is getting popular now, even some top crypto platforms already moved/added their network/chain to BSC.
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January 30, 2022, 05:39:15 PM
 #307

Yes, if ETH does not reduce the commission for gas, it will lose its position gradually,literally today it was necessary to make a swap in the ETH network, so the commission was many times more than the swap, this is not good,I try to work in the BSC network  Wink
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January 30, 2022, 06:03:05 PM
 #308

Ethereum is still for the big boys if not Ethereum would have suffered alot already instead people are still using the platform, BSC safe the day but still only for the small projects it's all good that these two projects are here today
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January 30, 2022, 06:06:27 PM
 #309

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

The concept of Binance Smart Chain with Binance Chain is of course much different. Binance Chain is just an internal blockchain that can only run on the Binance platform, while the Binance Smart Chain is getting a good reception from various decentralized platforms or swap platforms. This allows BSC to run well even though Ethereum Gas costs return to normal. Binance Chain exists at a time when Ethereum gas costs are normal but its use is very limited.
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