raidarksword
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June 12, 2023, 01:39:49 PM |
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I like both of them hence they are one of the invested project in the industry and both have renowned CEO in the industry. Though they have both pros and cons but they played a great part of the industry that has solid projects under their respective blockchain smart contracts.
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mdzahed134
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June 12, 2023, 02:51:28 PM |
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If comparing both of networks, i think ERC-20 is very strong and mostly using network then BEP-20. But in the last few years erc-20 network fees is crazy and it’s not affordable specially for the small traders, so BEP-20 is my favorite considering low transaction fees. Now i preferred BEP-20 until ERC-20 will reduce their fees.
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asriloni
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June 12, 2023, 03:24:31 PM |
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Here's my answer I prefer BEP 20 and ERC 20 but not for PEPEWX. Even though ERC 20 may charge you a lot of fees but it's far better rather than wasting all of our money to invest in the shitty scam coin that has been shilling by you like PEPEWX. It sounds like that if PEPEWX was just a scam coin for the money grabber purpose. You will get nothing from shilling your thread. I meant people are very smart these days to identify legit and scam tokens. What you have promoted was a shady token that used for scamming purpose only. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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The Cryptovator
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June 12, 2023, 06:52:29 PM |
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Considering the present circumstances, I would advise exercising caution when dealing with BEP20 tokens due to the issues surrounding Binance. While the tokens themselves may be safe, people have become apprehensive about them. In terms of security, ERC20 tokens are generally considered more reliable than BEP20 tokens. However, it's important to note that there is a significant disparity in transaction fees between the two. Ultimately, the choice of which chain to use depends entirely on the project's specific requirements and preferences.
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Mpamaegbu
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June 12, 2023, 08:35:32 PM |
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When we look at both networks, it is possible to see that both are of high quality. But ERC20 network is more reliable than BSC network. Because tokens or their owners, which are released for fraudulent purposes in the market, prefer the BSC network because of their costs and gas fees. Because of the transaction costs, they produce tokens in seconds and make their sales. However, since the costs are high in the ERC20 network, investors do not invest in every token that is issued. Naturally, in this case, it makes the ERC20 network a bit more reliable than the BSC network.
You talked about the high gas fee of ERC20 projects as an advantage as it discourages scammers from utilizing its smart contract as if there weren't several scam projects on its smart contract long before BEP20 came on board. About reliability, I really don't know why people believe that ERC20 comes top. Even you also opined that in your, " But ERC20 network is more reliable than BSC network". I'm not a tech kind of person, so I will take my assessment of them from the angle of their transfer commissions. For me, BEP20 is super cheap and very fast to confirm transactions when compared to ERC20 tokens.
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milewilda
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June 12, 2023, 09:05:07 PM |
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Here's my answer I prefer BEP 20 and ERC 20 but not for PEPEWX. Even though ERC 20 may charge you a lot of fees but it's far better rather than wasting all of our money to invest in the shitty scam coin that has been shilling by you like PEPEWX. It sounds like that if PEPEWX was just a scam coin for the money grabber purpose. You will get nothing from shilling your thread. I meant people are very smart these days to identify legit and scam tokens. What you have promoted was a shady token that used for scamming purpose only. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Come to think about those recent trends and hypes. We did have that CEO when that twitter CEO popped out.. Then tons of CEO projects comes out We did have that Cartoon meme coins trend on BSC which flooded out the market after that PEPE hype. We did have that PEPE and now its not shocking that everything new projects would be having those name PEPE attached to it. Its not really that new anymore and its true that neither BEP20 or ERC20 is good because its mainly been supported by its mother coin but the project below it are the ones who are really that wrecking out that chain but well we arent that dumb nor blind on which one we would really be choosing on dealing or investing with. Somewhat its a true story that erc20 does have that horrendous fees. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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timoshani
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June 12, 2023, 09:55:30 PM |
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Both is becoming slower thanks to its crowded and clogged network. But not at all times BEP20 is clogged and yes, it's cheaper than the ERC20.
We do get that a lot when it's already attached to our minds that if we're talking about ERC20, it's quite expensive and this is just for the fees and that's why we choose BEP20 or even BSC for these tokens.
Your choice, what you prefer is gonna save you some fees or even the fees aren't that down but you're happy to pay it.
It is better, of course, to use BEP-20 in terms of a minimal fee per transaction. However, for Layer 2 or Web 3.0 for erc-20, the transaction speed will be greater and fee less. Therefore, in the future, it is more expedient to use the latter option for a token.
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JeffBrad12
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June 12, 2023, 10:42:51 PM |
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Both is becoming slower thanks to its crowded and clogged network. But not at all times BEP20 is clogged and yes, it's cheaper than the ERC20.
We do get that a lot when it's already attached to our minds that if we're talking about ERC20, it's quite expensive and this is just for the fees and that's why we choose BEP20 or even BSC for these tokens.
Your choice, what you prefer is gonna save you some fees or even the fees aren't that down but you're happy to pay it.
I honestly hardly see BSC kind of clogged, the fee itself rarely increase in there, i guess it have to do with the fact that BSC is actually modifier version of the usual smart contract where it's focused in scaling alone, in which definitely gonna boost the capability of the blockchain itself in containing massive transactions, though nowadays rarely i see good project being deployed there. meanwhile ethereum is like the pioneer of smart contract blockchain, their blockchain was initially didn't created for this massive scalability, the traffic in ethereum is just so many that there are layer 2 being created as a solution for ethereum which even right now also fails as well mainly because they still one or in another way depends on ethereum fee since they also need to submit their batches of transactions in ethereum blockchain.
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bittick
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June 12, 2023, 10:45:38 PM |
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both are equally good, but i always prefer BEP20 if chance arise, but alas the binance smart chain infested with shitcoins is a massive turn off for me. there are just too much shit coin there that i think their blockchain is like waste of time.
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Hispo
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June 12, 2023, 11:44:45 PM |
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Even though I can appreciate a network because its low fees and speed of transactions I think I would still choose the Ethereum network over the Binance one. Because the Binance network success is kind of attached to the exchange and a brand which could be eventually be attacked further by regulators in the United States.
I am in for decentralization and Ethereum seems to be more decentralized that the Binance network. After all, having a network named after a centralized services does not give me much trust on the long term reliability of it, to be honest with you.
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Ngemmeng
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June 13, 2023, 12:22:00 AM |
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ERC20 tokens earn more money than BEP20 tokens, but ERC20 transaction fees are much higher than BEP20. ERC20 projects are suitable for people with big capital but if you have small capital it is better to choose BEP20. in other words depending on the capital you have.
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jossiel
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June 13, 2023, 10:44:45 AM |
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Both is becoming slower thanks to its crowded and clogged network. But not at all times BEP20 is clogged and yes, it's cheaper than the ERC20.
We do get that a lot when it's already attached to our minds that if we're talking about ERC20, it's quite expensive and this is just for the fees and that's why we choose BEP20 or even BSC for these tokens.
Your choice, what you prefer is gonna save you some fees or even the fees aren't that down but you're happy to pay it.
It is better, of course, to use BEP-20 in terms of a minimal fee per transaction. However, for Layer 2 or Web 3.0 for erc-20, the transaction speed will be greater and fee less. Therefore, in the future, it is more expedient to use the latter option for a token. That's one factor and it really depends on the project on what they're with and what they're focusing on. Both is becoming slower thanks to its crowded and clogged network. But not at all times BEP20 is clogged and yes, it's cheaper than the ERC20.
We do get that a lot when it's already attached to our minds that if we're talking about ERC20, it's quite expensive and this is just for the fees and that's why we choose BEP20 or even BSC for these tokens.
Your choice, what you prefer is gonna save you some fees or even the fees aren't that down but you're happy to pay it.
I honestly hardly see BSC kind of clogged, the fee itself rarely increase in there, i guess it have to do with the fact that BSC is actually modifier version of the usual smart contract where it's focused in scaling alone, in which definitely gonna boost the capability of the blockchain itself in containing massive transactions, though nowadays rarely i see good project being deployed there. meanwhile ethereum is like the pioneer of smart contract blockchain, their blockchain was initially didn't created for this massive scalability, the traffic in ethereum is just so many that there are layer 2 being created as a solution for ethereum which even right now also fails as well mainly because they still one or in another way depends on ethereum fee since they also need to submit their batches of transactions in ethereum blockchain. They've solved the scalable and fee issue that has been visible with ERC20 and that's why they're able to do that. The choice would matter and differ from the perspective of the person that's talking with these options. The perspective on an investor, I mean a daily investor who always do transactions and transfers to profit from these tokens is different from the dev's point of view.
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danherbias07
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June 13, 2023, 01:57:13 PM |
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Both are actually good but they have their features that might best suit someone else.
BEP20 projects mostly have low fees glued to them. ERC20 tokens will have a big problem with how expensive their transaction fees will be. I think the minimum is $2 for each transaction today to have an efficient and faster one. BEP20 on the other hand has cents only in transaction fees but there are too many projects created under it and sometimes the traffic is too heavy that you will get mad about when your funds will come especially if the transaction is inside the project itself. Tried it before playing DeFi games under BEP20, with so many deposits and withdrawals happening it became chaos and a user won't even know if his funds will go thru or not. I might also prefer those projects that created their own chain instead. It's faster but reputation will be the bigger issue here unlike the trusted two that were mentioned.
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TastyChillySauce00
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June 13, 2023, 03:15:04 PM |
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I come here to spend a few minutes to read and answer what you have been asking above but since i were seeing you were intentionally promoting your token and you are not looking for answers from us. What you wanna see if some people who noticed if you have mentioning your token to participate and give their money to you. BEP and ERC all time but not for your pepexwx ico.
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Bolivar_Tony
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June 13, 2023, 04:05:03 PM |
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There is no difference between the both, one is the fork of the other with just colors and coin name change , one has more people on the network and one is still growing, So if you are comparing both in terms of tech, then i will no much difference and i will prefer to go with ERC20 because it have stand the test of time.
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bitkanu
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June 13, 2023, 04:08:39 PM |
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There is no difference between the both, one is the fork of the other with just colors and coin name change , one has more people on the network and one is still growing, So if you are comparing both in terms of tech, then i will no much difference and i will prefer to go with ERC20 because it have stand the test of time.
there are actually some fundamental difference between both, there's reason binance smart chain known to be more scalable if compared with ethereum, but regardless it's not really that much significant difference that everyone would notice.
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Psynthax
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June 13, 2023, 04:44:18 PM |
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ERC20 tokens earn more money than BEP20 tokens, but ERC20 transaction fees are much higher than BEP20. ERC20 projects are suitable for people with big capital but if you have small capital it is better to choose BEP20. in other words depending on the capital you have.
i think the only thing gatekeeping us from investing in ERC20 tokens are just its fee. its fee only good for those with big capital as you have mentioned earlier. but doesn't mean with small capital we can't invest, we can but certainly also with disadvantage of the asset eaten by fees.
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FahriZah
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June 13, 2023, 05:51:16 PM |
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Both are good network and Ethrium network based ETH ERC-20 network and Binance Based Bep-20 network both network very strong and if anyone want to compare network transaction fees than Bep-20 is great choice because Erc-20 network transaction fees so high level.
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Inspiron14
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June 13, 2023, 06:07:02 PM |
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Of course I chose BSC 20 because the Binance Smart Chain network is very stable and already has a lot of ecosystems and even arguably the best blockchain network, and for BRC-20 I have never used it and reportedly BRC-20 is a network that doesn't even have a smart contract fees are expensive, is that true?. because of the many tokens from BSC20 and BRC20 I really can't recommend those tokens.
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