Dr.Osh
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December 11, 2021, 06:32:43 PM |
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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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andyou1234
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December 11, 2021, 07:22:24 PM |
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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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oemar bakrie
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December 11, 2021, 11:56:18 PM |
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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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Uang_kartal
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betfury
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December 12, 2021, 12:38:27 AM |
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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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pakhitheboss
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December 12, 2021, 02:58:22 AM |
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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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vermigerous
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December 12, 2021, 03:27:46 AM |
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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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wajik-tempe
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December 12, 2021, 03:44:57 AM |
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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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mafoja1
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December 12, 2021, 04:17:27 AM |
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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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GbitG
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December 12, 2021, 03:05:42 PM |
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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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yohananaomi
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December 13, 2021, 03:00:14 AM |
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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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indo1
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December 13, 2021, 03:14:11 AM |
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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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the ghabbar
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December 14, 2021, 06:38:25 AM |
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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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sumant
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December 14, 2021, 07:34:56 AM |
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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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KaliLinux
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December 14, 2021, 08:15:25 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?
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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nurulhmani1280wat
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December 14, 2021, 08:52:53 AM |
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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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Zanab247
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December 14, 2021, 09:16:31 AM |
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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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Kimonoe
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December 14, 2021, 11:35:02 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?
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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gamer4156
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December 14, 2021, 01:45:50 PM |
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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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lvsca
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December 14, 2021, 01:51:17 PM |
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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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fadil46
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December 14, 2021, 01:59:50 PM |
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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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