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Author Topic: Get harassed in BSC Chain Transaction  (Read 145 times)
Mahiyammahi (OP)
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November 30, 2021, 05:40:32 AM
 #1

I'm new in crypto although I'm active user in bsc chain. After Erc20 it's high fees It's very easy and compatible with bsc chain. Nowadays Bsc Chain Tokens are lauching a lot.

Few days earlier  I was trading on bsc chain. I did buy token from pancakeswap and I wants to secure my token in another safe wallet. Then I just sent my token to my 2nd wallet it's usually very fast and reliable and also very cheap in transaction. I sent it my token was sent and get away from my wallet but it was not received in 2nd wallet. Usually it takes upto 10 seconds. But it didn't get very well I check transaction hash it was pending.

It was a big amount for me I just wait and you know time's get very slowly when you just wait some moment. I was just about to give up that I lost it. Cause when our transaction failed sometimes in pancake network fee just cut off but nothing worked well in.
After 1H it's arrived on my other wallet.
Isn't it some kind of harassment? I was looking for to talk about it's dev team or somehow if I can complain this issue but I didn't find anything.

Also I've some horrible experience about bsc chain. When it was started it's journey it was so fast and reliable. But now every transaction made delay. I'm so disappointed on bsc chain.

What do you think guys? I should made a tweet and tag CZ Binance?
You guys ever meet this type of situation? Let me know please
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November 30, 2021, 06:26:22 AM
 #2

"Harassment" lmao. You know you could've checked the blockchain explorer to check if your wallet actually received the funds, right? Could've just been a quick bug on your wallet software.

Also I've some horrible experience about bsc chain. When it was started it's journey it was so fast and reliable. But now every transaction made delay. I'm so disappointed on bsc chain.
What do you expect from an Ethereum fork that just has some constants changed lol. Almost no different than BSV/BCH forking BTC and increasing blocksize for faster and cheaper transactions.

What do you think guys? I should made a tweet and tag CZ Binance?
Yea, like he's going to notice you.

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November 30, 2021, 08:02:55 AM
 #3

Isn't it some kind of harassment?...

Also I've some horrible experience about bsc chain. When it was started it's journey it was so fast and reliable. But now every transaction made delay. I'm so disappointed on bsc chain.
No, it's not in anyway a kind of harassment. It's a resultant effect of congestion in the BNB chain. You recounted how transactions used to be fast and cheap a few months ago, it has happened now that a lot of projects are getting on BSC and away from ERC. So, inadvertently traffic has expectedly increase there. I also remember how cheap it used to be trading on Pancakeswap and with ease too. Now, it's a different story with throat cutting slippage and swap fees.

What do you think guys? I should made a tweet and tag CZ Binance?
I'm sure a lot of people understand the situation and that's why none is calling him out on that. Even if they do, it may not likely attract much attention. It's an expected situation.

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November 30, 2021, 11:48:38 AM
 #4

...Also I've some horrible experience about bsc chain. When it was started it's journey it was so fast and reliable. But now every transaction made delay. I'm so disappointed on bsc chain. ..

Since the launch of Balance Smart Chain, the number of users has greatly increased and this has led to an increase in the load on the network. The best solution to this problem would be to slightly increase the transaction cost when sending your funds. Even in this case, the transaction cost will be a hundred times lower than in the Ethereum network.

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November 30, 2021, 12:05:52 PM
 #5

Open your eyes OP. The Binance smart chain is just a copycat of Ethereum network. They only difference is that BSC use POS algorithm and is highly centralized.

I remember telling someone sometime back that if BSC got the traffic Ethereum network had. The fees would spike and become undesirable over time and here we are. The chain is just less than 2 year old and people are already complaining about network congestion  Grin

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November 30, 2021, 12:41:21 PM
 #6

Is that not because there are much transaction in BSC, i think guy above is right, only need time when people change to BSC and then it will have problem with how long transaction process and some other reason that can come. But i think as long we still can use it and cheaper than ETH, it is not a big problem. About long process of transaction i think we can't do anything about it except maybe increase fee that we want to use.

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November 30, 2021, 02:05:43 PM
 #7

Binance Smart Chain (BSC) has seen some consistent development in on-chain movement and use. Yet, what's the significance here as far as numbers The magnificence of a public blockchain is that they are well open You can follow the advancement yourself.
We frequently talk regarding how open blockchains are permissionless implying that anybody with a location can associate with them. In any case, did you know advancement on blockchains is permissionless too Anyone with the pertinent skill can convey their DApp on a blockchain and there's nobody halting them
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November 30, 2021, 05:35:23 PM
 #8

BSC is undergoing an upgrade today, that's part of the reason why it's so god damn slow. But overall, fees and congestion have been increasing on the chain for months now, since it has seen rampant adoption among traders and projects.

But it's still a far better situation than Ethereum. Ethereum still suffers from $30+ transactions ($100+ on some protocols) and has a more than 10 minute confirmation time for most medium fee txs.

If you really want fast, check out Avalanche, Terra, or Solana, they're not yet experiencing the same slowdown BSC is being hit with.
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November 30, 2021, 05:52:50 PM
 #9

BSC is undergoing an upgrade today, that's part of the reason why it's so god damn slow. But overall, fees and congestion have been increasing on the chain for months now, since it has seen rampant adoption among traders and projects.
The congestion, lag and more expensive transaction fee on BSC come from many things, and not only from its upgrade. The chain is used more by many projects and people from investors, traders to gamers so it is becoming more crowded. As consequence of such growth, fee becomes more expensive and CZ team so far can not solve it.

Quote
But it's still a far better situation than Ethereum. Ethereum still suffers from $30+ transactions ($100+ on some protocols) and has a more than 10 minute confirmation time for most medium fee txs.
It's better than ERC-20 chain but is far from how good it was months ago. Will CZ team be able to bring very cheap transaction fee on BSC back? If he can do it, BNB might rock to $1000 or $1500

Quote
If you really want fast, check out Avalanche, Terra, or Solana, they're not yet experiencing the same slowdown BSC is being hit with.
They are young chains and don't have too big user communities like ERC-20 or BSC chains. When their chains and communities grow more, we might see same congestion and expensive fee like what happened with BSC and ERC-20.

 
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November 30, 2021, 09:53:53 PM
 #10

I believe the main reason why your transaction is slow is because of the congestion in binance blockchain transaction, because most projects are beginning to migrate from Ethereum blockchain due to unbearable gas fee and Binance blockchain is far cheaper, so the amount of people using it is increasing rapidly on a daily basic. I checked my BSC scan few days ago I received a notification at the top that due to congestion there transaction history might not be upto date and also currently the minimum withdrawal of bnb from binance exchange have increased to 0.1bnb which they increase it because of congestion in the blockchain.

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November 30, 2021, 09:57:47 PM
 #11

there's no such thing as harassment, it's not really happening to you. Are you just complaining because there is a delay in the BSC network?
it is still very reasonable because the BSC network is very congested and has many users. instead of using the high fee ERC20 network, are you not saved by the BSC network?
I've even made hundreds of transactions at BSC, it doesn't matter if there is a delay, it's a natural thing. don't be too poetic about this problem.

 
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November 30, 2021, 10:12:04 PM
 #12

In today's world kids use the word "harassment" very easily. Back in the day we faced a lot tougher situations and we were fine with it, and today you get your money in an hour and that is harassment, lol. Yeah, it is not nice to get your money late, but is it "harassment"? Who is doing the harassment, the entire blockchain? I am sorry but you probably just paid too little and that is why it took so long, there is nothing unusual about this at all.

The reality is that we just need to wait for it a while sometimes and that's it, especially during times when we have blockchain congestion and we send right around that time so our fee looks okay when we send but a few minutes later it is low. It just happens, just move on, if you are not so sure about BSC and want to move to another network then go ahead and do that, SOL has nearly free and instant transactions, go use that.

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November 30, 2021, 10:24:50 PM
 #13

I have been using BSC chain for a long time. I have no experience like that. The BSC network is now very congested. That is why transaction may be delayed. There is no fixed and exact time duration for each transaction. You should have waited a little without worrying.
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November 30, 2021, 11:09:04 PM
 #14

...What do you think guys? I should made a tweet and tag CZ Binance?
You will only embarrass yourself doing this. It will only show how less knowledgeable and soft you are.
How would a chain harass you? I understand that BSC is a not-so-decentralized chain but they cannot just block a transaction from a random person on the internet.
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November 30, 2021, 11:46:37 PM
 #15

It was a big amount for me I just wait and you know time's get very slowly when you just wait some moment. I was just about to give up that I lost it. Cause when our transaction failed sometimes in pancake network fee just cut off but nothing worked well in.
After 1H it's arrived on my other wallet.
Isn't it some kind of harassment? I was looking for to talk about it's dev team or somehow if I can complain this issue but I didn't find anything.
It's not kind of harassment. The blockchain gets a bit delay or sometimes you got a bug and that's a common thing. If the tx goes to the your other wallet successfully and did you need to complaint? As long as it got delivered in your wallet and that's good.
Also I've some horrible experience about bsc chain. When it was started it's journey it was so fast and reliable. But now every transaction made delay. I'm so disappointed on bsc chain.
The users increasing a lot and this makes the blockchain must have made more effort to process it. As long as it doesn't require a lot of money just to pay the tx fees like ethereum and your transaction can be confirmed in a few seconds or minutes and that's fine.
What do you think guys? I should made a tweet and tag CZ Binance?
Believe me CZ will never see your tweet.
You guys ever meet this type of situation? Let me know please
I never meet it.

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