ETH OR BSC

[Woodie]

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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[the ghabbar]

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.

[ubg]

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.

[Devifajarina]

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.

[Alanaz]

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

[Valak]

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.

[ultiex]

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

[pushups44]

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.

[mafoja1]

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.

[asyakashi]

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.

[Cryptock]

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.

[Nasuhalugu]

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?

[gmatej]

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...

[the ghabbar]

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.

[nimogsm]

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.

[Fredomago]

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.  

[trauchot]

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 ghabbar]

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.

[rahmad2nd]

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.  

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.

[Alanaz]

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