Cryptock
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December 06, 2021, 11:05:59 PM |
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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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Rabi3
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December 06, 2021, 11:10:53 PM |
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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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livingfree
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December 06, 2021, 11:12:07 PM |
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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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BuNga_cute
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December 06, 2021, 11:20:10 PM |
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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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carrigan
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December 06, 2021, 11:20:38 PM |
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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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senyorito123
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December 06, 2021, 11:51:30 PM |
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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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Naficopa
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December 06, 2021, 11:55:07 PM |
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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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bct-user
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December 06, 2021, 11:57:38 PM |
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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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llecrf
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December 07, 2021, 12:10:32 AM |
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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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MadeMen
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December 07, 2021, 01:06:33 AM |
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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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coinzzzpro
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December 07, 2021, 02:36:43 AM |
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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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lepbagong
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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December 07, 2021, 03:39:17 AM |
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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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Semar Mesem
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December 07, 2021, 04:43:21 AM |
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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 $5k.
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akar87
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$CYBERCASH METAVERSE
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December 07, 2021, 05:53:31 AM |
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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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Pelana vreo
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Syntrum.com
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December 07, 2021, 06:53:48 AM |
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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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nurulhmani1280wat
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XEGGEX
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December 07, 2021, 07:37:25 AM |
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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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bonyaserg
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December 07, 2021, 07:50:42 AM |
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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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kaka manteng
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December 07, 2021, 08:12:01 AM |
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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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ansarose1
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December 07, 2021, 08:41:35 AM |
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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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globalpain
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The OGz Club
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December 07, 2021, 09:41:59 AM |
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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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