Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Topic started by: Muneeb22 on May 23, 2021, 08:50:10 AM
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
We have to be clear here, BSC and Tron are NOT wallets. These are two blockchains like Ethereum.
Wallets that supports Ethereum tokens are not necessarily more secure than BSC and Tron wallets. When assessing whether a wallet that supports BSC, Tron, or Ethereum based tokens, you must at least have a technical knowledge on coding or rely on reviews. Some wallet codes are open source which is more favored than closed source and easily peer reviewed.
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If someone gets a token,no one is getting a good payment because of the etherium gas fee.Because of Ethereum's gas fee,a small amount of token remains.We don't get any good payment from the amount that remains.
And now most of the projects want BSc wallet.If you can get good payment using BSC wallet,then it is better to use BSC wallet.
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You mean BSC blockchain or chain, not BSC wallet I think. In my opinion BSC is good yes, but it needs more improvements in the future. because the main power of BSC in its low fees, and if Ethereum resolves the low fees problem, it will be a problem to BSC.
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If we are talking about good or not, every platform should have its own positive and negative sides. BSC offers a good platform moreover it is created by Binance that I am sure they will not play with the platform. BSC also offers a lower rate of transaction fees compared with the Ethereum platform. However, we cannot guarantee security. As we know whether BSC or ERC20, there will be always scammers and also hackers that utilize the platform to steal people's money.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
Yes brother you are right.Most of the new campaigns that are currently coming out are associated with The BSC Wallet.I think it has low fees as well as a lot of popularity and securities.Moreover, tokens can be transferred quickly.Etc. This BSc wallet is more popular.
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The BSC Wallet Binance Exchange has its own coin. We know that every platform has some positive and negative aspects. The transaction fee is much lower than Ethereum and the security system is quite good. However, since hackers and scammers use this platform a lot, BSC cannot be called a handy person secure.
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The BSC Wallet Binance Exchange has its own coin. We know that every platform has some positive and negative aspects. The transaction fee is much lower than Ethereum and the security system is quite good. However, since hackers and scammers use this platform a lot, BSC cannot be called a handy person secure.
Yes, especially after the recent flash loan hack against burger, and against many other coins. But I think that Binance will and have to improve its BSC network against hackers.
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We can see existing business systems around the world to follow, for example mining for oil, coal, gold, iron, copper or diamonds.
The more people who mine at that location, the better they will have the opportunity to get valuable goods such as gold or coal.
Cryptocurrency is the same, the more you use the wallet from the Binance Smart Chain, the better the community or market cap provided by the BSC market. This is Simple !
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By the way, and regarding your question, I mentioned that there is not a wallet that supports BSC only except Trust wallet and Metamask, maybe one project will launch a pure BSC wallet.
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The bsc network gained tremendous value after the Ethereum network received very high commissions. I prefer Bsc network for both cheaper and faster transactions. I also use Trust Wallet as a wallet. both comfortable and safe. It was the most popular Bsc network of the era. Even the tron network was slow compared to the Bsc network.
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You mean BSC blockchain or chain, not BSC wallet I think. In my opinion BSC is good yes, but it needs more improvements in the future. because the main power of BSC in its low fees, and if Ethereum resolves the low fees problem, it will be a problem to BSC.
Yes yes i think time has come in front of BSC now as ETH gas fees like previous time. So I think those who depends on BSC will face problem as BSC price going down day by day. Actually BSC blockchain is also like ETH blockchain where a man easily use both the wallet in same blockchain. So nothing to worry.
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BSC is a wallet where anyone can transect with a lower fee than etherium and other wallet. For this reason the BSC wallet has been very popular among the crypto traders. Resent time most of the projects have been launching in the BSC wallet ; moreover it is quite secure. However you have to be cautious because hackers and scammers always trying to steal people's money.
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I think every platform has negative and positive aspects. Although currently BSC wallet is being used the most. So I can't say that it is safer and better performing than Ethereum wallet. Because there are scammers and many hackers on both platforms who can steal assets from our secure wallet. However, the transaction fee is much lower than the BSC wallet ETH20 platform and transactions can be completed much faster. So while the BSC platform is good, it is no less than the ETH20 platform.
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At this moment BSC wallet is the most popular for crypto trade and transaction. It's transaction fee is low now than etehereum. So it's very easy and popular to everybody. But most of people use trust or other wallet. But I believe BSC wallet will be acceptable for more project.
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The level of security for the wallet must have different security too because each wallet development has a different path too, such as Ethereum, TRON and Binance Smart Chain.
Maybe the OP also discussed the best or cheapest fees for each wallet and found significant differences between Ethereum, TRON and Binance Smart Chain wallets.
The three wallets that have been created the longest are Ethereum, then TRON and the last one is Binance Smart Chain, but the cheapest fee for now is from TRON.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I feel yes, BSC wallet now most usable wallet.many new project are coming with bsc network for low gas fee. BNB team is active in social media & they are able to earn respect from crypto haunters. As a result everyone going to use BSC network. Thanks
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Binance Smart Wallet is a very good wallet. Because the cost is very low and the transaction can be done at a very low cost. And BSc Wallet is much better than other Walids and cryptocurrency has been widely known for a while now.
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BSc blockchain, In my opinion, BSc is good, but it needs to be improved in the future. Because of the real power of BSc in its low fees, and if Ethereum solves the problem of low fees, it will be a problem for BSc.
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BSC is a blockchain and it's pretty much the same as a normal blockchain. we can say the wallet is safe from hackers when we have a cold wallet, so you don't have to worry about a series of attacks that will happen to that wallet.
As long as you store the private key phrase and key properly and don't give it to someone, I think it's safe
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I hope someone already pointed it out to you that bsc is a network not a wallet, better to know the difference since you are a high rank member it will be good, and as for your question, yes I believe more projects are using the bsc network mostly because of the cheap transaction fees everyone is enjoying unlike the ethereum network, if eth are unable to fix the high transaction issue am afraid bsc will become even popular and even surpass ethereum.
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the bsc blockchain is just as valid as those of eth and tron except that it is not completely decentralized it has few validators and still relatively few tokens compared to the others i use it only for its low fees while waiting for those of eth to return to normal
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Binance Smart Chain is still the same type as Ethereum, Fantom, Matic, Huobi because by using the same Private Key you can log in on different networks and this is something that is very simple, easy, strong and reliable for us to continue investing in it.
Binance Smart Chain also adheres to a system that is almost exactly the same as Ethereum or ERC20 and all of them are no different, I'm sure the wallet is very safe and easy to use.
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Binance Smart Chain is a network platform not as a wallet, if you want to use a wallet to store the BSC network I usually use Trust Wallet, because I see some other wallets still don't provide the opportunity to store assets in the form of BSC.
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Of course BSc wallet is much better than other wallets. Because if you want to transact on this platform you will not need additional transaction fee. So the importance of this wallet is maximum. Currently the popularity of BSc platform has increased a lot. More and more new tokens are being created on this platform. So the creation of tokens will be hampered if maximum security is not a complete platform.
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The BSC network can be said to be good because it is decentralized well so it is difficult to use for money laundering and all transactions are recorded clearly by the blockchain system, making everything safer to use for transactions.
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I agree with you but there are some more powerful wallets besides Binans Smart Chain Wallet that people are currently using a lot. However, as far as I know, the demand for using Binans Smart Chain Wallet is much higher at present. Because as a result of using the wallet of this platform, you have to pay much less for the transaction fee.
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I agree with you but there are some more powerful wallets besides Binans Smart Chain Wallet that people are currently using a lot. However, as far as I know, the demand for using Binans Smart Chain Wallet is much higher at present. Because as a result of using the wallet of this platform, you have to pay much less for the transaction fee.
Binance is the biggest exchange, I think their team project is really good and always improve.
Binance smart chain is good smart contract beside ERC20.
Cheaper and faster.
It's also good wallet and safe.
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BSC is a very good innovation from CZ binance. The transaction fee of BSC network is very low and transaction speed is very high. So this network spread very fast everywhere and now it is one of the most popular network. Many new projects are now being launched on this network. It will be more extensive in the future.
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This wallet from Binance Smart Chain is exactly the same as wallet from Ethereum because the system from Binance Smart Chain imitates the workings of Ethereum which of course will not differ much.
What distinguishes it from Binance Smart Chain is the blockchain because this blockchain stores the right data to be checked by Binance Smart Chain without being passed by the Ethereum blockchain, I mean Binance Smart Chain is specifically for the BEP20 token type.
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Binance Smart Chain is not just a wallet, it is a separate platform that has brought Binance Smart Chain to such a good position. Now all investors have abandoned their platform Bounty Manager and come to Binans Smart Chain platform. Because this platform has many advantages which other platforms do not have. I personally like this platform.
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The BSC Wallet Binance Exchange has its own coin. We know that every platform has some positive and negative aspects. The transaction fee is much lower than Ethereum and the security system is quite good. However, since hackers and scammers use this platform a lot, BSC cannot be called a handy person secure.
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It is seen that now most of the bounty managers publish their projects on BSc platform. I think BSc is not just a wallet but a popular platform at the present time. Binance Smart Chain (BSC) is relatively new, so not all wallets currently support BEP-20 tokens.
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This platform has negative and positive aspects. Although currently BSC wallet is being used the most. So I can't say that it is safer and better performing than Ethereum wallet. Because there are scammers and many hackers on both platforms who can steal assets from our secure wallet. However, the transaction fee is much lower than the BSC wallet ETH20 platform and transactions can be completed much faster. So while the BSC platform is good, it is no less than the ETH20 platform.The bsc network gained tremendous value after the Ethereum network received very high commissions. I prefer Bsc network for both cheaper and faster transactions. I also use Trust Wallet as a wallet. both comfortable and safe. It was the most popular Bsc network of the era. Even the tron network was slow compared to the Bsc network.
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I always use Metamask and save seed phrases offline.
Adding a network by setting RPC in metamask will make it easier for everyone, we can use the wallet for tesnet and other things.
Nowadays there are many BSC wallets and I think they are safe when you use hardware wallet or cold wallet for long term investment
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You mean BSC blockchain or chain, not BSC wallet I think. In my opinion BSC is good yes, but it needs more improvements in the future. because the main power of BSC in its low fees, and if Ethereum resolves the low fees problem, it will be a problem to BSC.
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It may be but there are some negative and positive sides.
We know that BSC offers very speedy transactions, but we can only find them in certain exchanges or projects. The network is stilllimited.
But it is better than the Ethereum platform that has a very high fee, so killing.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
your rank is legendary but why can't you tell the difference between wallet and blockchain "lol". bsc and tron are blockchains that charge low fees to their users, both of them are certainly very popular but the popularity of ethereum will not be passed by both.
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So far I think that BSC wallets have various types, yes they can be stored in a trust wallet or metamask, for traders who already understand various kinds of coins, of course the BSC wallet has a type that greatly limits the circulating coins, because it can't add a network other.
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A very cool project in which they invest a huge amount of investment to improve the platform. It surpasses other platforms with its speed and low commission on the network, because of this, most use BSC.
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The only disadvantage Ethereum has is the tighter gas fees and it can solve that problem, BSC will lose patronage. The low fees are What is giving BSC an advantage over Ethereum. Ethereum is the father of smart contract blockchain. You can't from Ethereum.
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BSC Is good From others Network. Now BSc is very popular. I think For eth network huge gas fees Bsc is being more popular day by day. And BSC is very smooth low gas fee and first transaction speed so BSC Being popular and Day By Day its credibility increasing. So I think BSC is best from others Network.
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Binance Smart Chain in my opinion is not a cryptocurrency wallet but it is a cryptocurrency network that has many tokens, while for security it is definitely very safe because until now I have not seen any problems with wallets on the BSC network.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
Yes, I think BSC wallet is good and safe like Ethereum.
I think we should keep our wallet, maybe can not be hacked but We should keep our password and seed phrase.
BSC is more popular and many projects has been used this platform
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
As long as I used BSC wallet, I think It's safe.
BSC is smart contract platform from BNB.
I think binance team always improve their project.
So don't worry about binance product
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Binance Smart Chain is the trend to base the gamefi. So many gamefi choose to used BSC for their project goals to moon. In BSC the game is reliable with low fees and it is the common uses as of now. I think those are the reason why there are so many projects choose BSC over ETH blockchain.
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BSC Wallet, if I tell myself, I love this wallet. For example, unlike other wallets, its transaction fees are also accurate, although we cannot guarantee security. But still looks better than others.
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The most expensive transaction right now is for every coin that has its parent Smartcontracts, Ethereum is still Ethereum, which reaches 30-50 USD for the token delivery. Oh My God , this make me crazy !
Binance Smart Chain is also now starting to follow in the footsteps of Ethereum as this coin is also getting really expensive because everyone who owns BNB doesn't sell it cheaply.
Maybe TRON, which is still very cheap until now, because the TRON price is still cheap, below 0.5 USD.
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BSC is definitely a better wallet than other wallets.To transfer any token from this wallet, you have to pay the lowest transaction fee.If you transfer tokens from other wallets, you have to pay a higher fee.For example, Ethereum Platform, everyone has to pay the highest transaction fee to transfer tokens from this platform.BSC is the best for me.
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I don't know if I'm wrong, once the Ether network also had a very low transaction fee, but then it began to increase due to popularity. The same will not happen with the BSC network when it lures ether projects into its network.
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Many cryptocurrency projects create their cryptocurrencies on BSC, because BSC is becoming a very popular network and, most importantly, transactions through BSC are very cheap, but the fact is that BSC is not yet as popular and reliable as the Ethereum blockchain, but I think that within a couple of years, BSC will be as popular and reliable as the Ethereum blockchain.
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BSc Wallet is definitely better than Ethereum platform. Ethereum has high gas fees which makes any transaction difficult; On the other hand, the gas fee at BSc Wallet is very low so you can easily transact. Despite its popularity, BSc's popularity for Ethereum's high gas fees is growing day by day.
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Binance Smart Chain grows with more projects on it, the gas fee will be increasing. Another point is, these said gas fees depends on the price of BNB, that is, what the gas fee will be when BNB price is $300 is not what it will be when the price is $500 or $1000. It is happening to BSC now, and will also happen to others like Polygon, unless the blockchain is not growing.
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There are better platforms besides BSC platform. However, the current Binance Smart Chain platform is the most popular Now most people have started investing on this platform. Although the first phase Ethereum platform was very popular, now the format smart chain platform has become more popular.
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Actually if someone is willing to give high fees for transactions on the Ethereum Network, then the delivery will also be faster, but until now no one is willing to do that if there is a better option like BSC, not only cheap in terms of fees, also fast in terms of delivery.
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The level of security for the wallet must have different security too because each wallet development has a different path too, such as Ethereum, TRON and Binance Smart Chain.
Maybe the OP also discussed the best or cheapest fees for each wallet and found significant differences between Ethereum, TRON and Binance Smart Chain wallets.
The three wallets that have been created the longest are Ethereum, then TRON and the last one is Binance Smart Chain, but the cheapest fee for now is from TRON.
I agree with you but there are some more powerful wallets besides Binans Smart Chain Wallet that people are currently using a lot. However, as far as I know, the demand for using Binans Smart Chain Wallet is much higher at present. Because as a result of using the wallet of this platform, you have to pay much less for the transaction fee.
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By the way, and regarding your question, I mentioned that there is not a wallet that supports BSC only except Trust wallet and Metamask, maybe one project will launch a pure BSC wallet.
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If we discuss wallets for the Binance Smart Chain platform, it is the same as discussing wallets for Ethereum, Polygon Matic, Avalanche, Fantom and HOO coins because all these coins have the same wallet creation algorithm and the difference is only the chain in the wallet settings.
But if we talk about how Binance Smart Chain dominates the cryptocurrency market, then it's confirmed that Changpeng Zhao is the one who can make Binance Smart Chain like this capable of competing with the Ethereum ecosystem.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I think BSC is already successful and strong and worthy to compare to ethereum. Yes we know ethereum is huge and far from binance but considering binance platform and place in cryptocurrencies. I can say it is potential and very possible to be name as the next ethereum. The difference is the gas fee. In binance only low fees while in ethereum so expensive and I can't afford to do small transaction there.
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I'm sure the BEP20 platform will become big one day because it has a very large community and almost beat Ethereum's ERC20 community in a few months.
We all know the constraint of ERC20 lies in the GAS transaction fees and this is really being exploited by BEP20 to create an eco-friendly platform for the Binance community.
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BSC offers a good platform moreover it is created by Binance that I am sure they will not play with the platform. BSC also offers a lower rate of transaction fees compared with the Ethereum platform that every platform has some positive and negative aspects. The transaction fee is much lower than Ethereum and the security system is quite good. However, since hackers and scammers use this platform a lot
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Yes it is perfect. The biggest reason for which is its fee which is less than other wallets. And as of today most of the projects are choosing BSC wallet. Although according to me it cannot be called safe. but i like it
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The future of Binance Smart Chain is very good because of its cheap fees and quick transactions compared to the ERC20 network. That's why we see a lot of new projects developed in the BSC network and not ERC20 like in the past years.
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Yes, it is good. Because we know. Now most of the projects are moving towards this. And its fee is also less. Although we cannot call it completely safe. but in my opinion it is perfect. Because we can't ignore positivity for some of its percent negativity
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
You mean the networks.. Yes BSC and Tron are the best networks because of their low transaction fees.. Let's be thankful there are two networks that we can save our money.. Ethereum network is very high now, I really can't afford the gas fee.. Let's hope that in the next year the eth gas fee will go lower.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I think BSC is good.
But I personally still believe in myetherrwallet as my primary wallet.
MEW is more safety and user friendly.
I have used it since 2015.
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Regarding the BEP-20 wallet for tokens on BSC, I usually use Metamask, coin98 is also a good choice. Also others use Trust & SFP wallet, I think those are all good and user friendly apps.
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Now probably most people use Meta mask to withdraw and transfer tokens, in my opinion this is a very convenient and simple wallet for most tokens. BEP-20 wallet is a similar application and also convenient.
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For wallets, in my opinion, BSC has a very high risk because when making transactions on Dapp all your assets can be lost due to phishing or similar tricks, so you have to be careful with digital wallets and make sure you don't often participate in airdrops because many lose assets. from airdrops on the BSC network.
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At this moment BSC wallet is the most popular for crypto trade and transaction. It's transaction fee is low now than etehereum. So it's very easy and popular to everybody. But most of people use trust or other wallet. But I believe BSC wallet will be acceptable for more project.
I've never heard of a BSC wallet, it seems you mean the BSC wallet address, which is BEP-20.
This is important for us to know so that someone does not misinterpret the wallet address, BSC is a blockchain network and BEP-20 is a standard token that can be sent on the BSC network.
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BSC Wallet is considered good because the coins in it are completely safe and its transaction is also fast and the transaction fee is also minimal.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
from the moment I switched from the ETH network to BSC, a lot of discoveries have happened for me in this network, it seems to me that I will not move anywhere else, everything suits me, and the network is developing very well and I do not see any shortcomings in it.
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BSC is a good blockchain, I like the speed of transactions. And I like that the cost of gas is low here, that is, the commissions are small.
I use metamask as a wallet for this blockchain
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It can be preferred because of the speed and low fee, especially in transfers. Also, it is cheaper to buy tokens related to the BSC network on swap sites. If Binance had not set up its own network, BNB would not have gained this much value.
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Everyone thinks BSC is great because it's cheap when sending tokens. many projects have switched to BSC at this time.
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BSC is good then the other wallets or not? At present, Binance Smart Chain is one of the most popular wallets which is much better than all other coins because Binance Smart Chain has the lowest network fee of all other coins and everyone can use it. Yes, that is why Binance smart chains have become the most popular, especially since Ethereum is much higher because Ethereum's network fees are much higher. Yes it can be said BSc then other wallets are much better.
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Bs wallet is good bro cheap price then other don't ever join airdrops lot of airdrop website can hack your wallet for be care full from the scam project just use bsc wallet for real project.
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A very good BSC wallet is made in the likeness of Ether, even to say the same. It is convenient to use the protection is good, the most important thing is that the commission is low.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
BNB is a huge project. It is well established and safe. The wallet become secured and never have any issue. The wallet become popular for having low fees. It is still on top now so that i can surely say that it will hit in future as well. We don’t have a sigle issue with BSC wallet. I don't know about trc-20 cause always use Bsc but j know the fees is low there as well. So i can suggest you to use borh are safe and secured.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
BSC is good , I think I have used this to save my coins.
For TRON, I think It's safe too.
Maybe you can use both.
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Ako je ovo projekt koji je Bounty tvrtka Junca Cash provela u studenom, onda svakako možete okušati sreću.
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Many projects from the BSC Blockchain have turned out to be of high value, almost the same as the Project from the Ethereum Blockchain. Someone's concern about the security of a Bsc wallet is natural, because usually hackers will come to a place where there is a lot of money collected. And it turns out that currently there are a lot of issues about losing from the BSC wallet. My advice, we must be careful when entering tokens into our wallets, because with a low cost to make BSC tokens, criminals are usually used by criminals to enter viruses with tokens sent to our wallets.
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Many projects from the BSC Blockchain have turned out to be of high value, almost the same as the Project from the Ethereum Blockchain. Someone's concern about the security of a Bsc wallet is natural, because usually hackers will come to a place where there is a lot of money collected. And it turns out that currently there are a lot of issues about losing from the BSC wallet. My advice, we must be careful when entering tokens into our wallets, because with a low cost to make BSC tokens, criminals are usually used by criminals to enter viruses with tokens sent to our wallets.
we have to admit that after the high-cost ethereum platform, there are many other platforms that are really good at very affordable prices and one of them is clearly the binance platform which is now a widely used alternative. but the drawback is that many create fake coins that are widely circulated on the binance platform so there is a possibility that there will be misunderstandings made by people who may not be careful, by not confirming the original contract number.
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Because there are scammers and many hackers on both platforms who can steal assets from our secure wallet. However, the transaction fee is much lower than the BSC wallet ETH20 platform
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These are two different projects of their own with their own features in one way of the other. That being said, they both have their wallets and wallets are for the storing or safe keeping of the coins or projects that are developed under these system Tron or BSC (p2p network or smart chain). They will attain more adoption as ETH has decided not to reduce its transaction fee for easy transactions. Every trader wants to use the least transaction fee to obtain more profit. Imagine one using $10 to move $15, it's approximately not moving it at all, or having a $10 worth of coin and moving it cost $10, it's like throwing away the money.
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it is created by Binance that I am sure they will not play with the platform. BSC also offers a lower rate of transaction fees compared with the Ethereum platform. However, we cannot guee security. As we know whether BSC or ERC20
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I prefer Bsc network for both cheaper and faster transactions. I also use Trust Wallet as a wallet. both comfortable and safe. It was the most popular Bsc network of the era. Even
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BSC wallet is best for every person to use cryptocurrency many people ask about other wallets but i think BSC is best and no other wallets app will come and overtake this wallets. its easy and reliable and easy to use for all type of people.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
BSC is good, but I think Myetherwallet is better than BSC wallet.
It's my opinion, maybe other have different opinion.
If you confident in BSC wallet, you can use it
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The BSC wallet has proven itself very well: high stable transactions in this chain, low transaction prices, no overload in the network. Most projects have been working with this system for a long time, working with Ether in parallel.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I think BSC is Good for wallet and safe.Many projects have migrated to binance smart chain from ERC20.
But we must be careful, there are many SCM projects at BSC.
Too easy create new tokens at there.
I also believe BSC will have great future and will compete to Ethereum 2.0.
Let's see.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I have read several opinion from.other member, they said BSC is good wallet and safe
I personally safe my asset there and until now safe.
Hopefully no hacker will steal my assets
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The BSC Wallet Binance Exchange has its own coin. We know that every platform has some positive and negative aspects. The transaction fee is much lower than Ethereum and the security system is quite good. However, since hackers and scammers use this platform a lot, BSC cannot be called a handy person secure.
Yeah, BSC wallet is safe .
Although several people BSC and Ethereum is not wallet, those are Blockchain or network.
Maybe OP mean, address of binance smart chain for BEP20.
I have safe my assets at BEP20, and still safe until now.
There is not issue.
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The BSC Wallet Binance Exchange has its own coin. We know that every platform has some positive and negative aspects. The transaction fee is much lower than Ethereum and the security system is quite good. However, since hackers and scammers use this platform a lot, BSC cannot be called a handy person secure.
Yeah, BSC wallet is safe .
Although several people BSC and Ethereum is not wallet, those are Blockchain or network.
Maybe OP mean, address of binance smart chain for BEP20.
I have safe my assets at BEP20, and still safe until now.
There is not issue.
when it comes to security, it is clear that they will protect themselves as best they can, but there will always be loopholes where hacking can occur, so it is not recommended to use it as a place to store assets, only when it is necessary to use it for trading.
no one wants a hack to happen but it will very likely happen and no one can guarantee.
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I think ETH wallet is more secure and popular than a BEP-20 wallet. The BSC network was create due to the increase in the fees of the ETH network. As a result new projects are choosing BSC or TRON network for low fees. I think crypto projects will use the ETH network again if the ETH network fee goes down.
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In my opinion, the BSC wallet for the future is good, because the gas costs are cheap, but for security, for now, the BSC wallet is still lacking, I hope the BSC wallet that will come to the security will be improved.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I think BSC and TRON are good.
But I personally prefer in BSC.
Binance smart chain has been supported by reputable exchange, binance.
We know binance is the largest of exchange.
So I think no worries about it.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I think BSC and TRON are good.
But I personally prefer in BSC.
Binance smart chain has been supported by reputable exchange, binance.
We know binance is the largest of exchange.
So I think no worries about it.
agree, there's no need to worry about BSC anymore because they always make updates to keep up with developments, and this is of course because they want all users to be able to do anything quickly, safely, and easily.
Please note that BSC also implements EVM, which makes it easier for this network to run Ethereum-based applications.
Everyone is currently looking to continue to work with BSC so it's no wonder the traffic is very high and will continue to be liked.
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BSC is considered better than other chains and recently Binance added $1 billion in funds to the security as we have seen that in 2022, the two stable coins, Luna and FTT have crashed and they don't have the reserve to pay their users.
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This is understandable why they invest in this project, a very stable and reliable ecosystem in which a lot of investors from large to small have already believed. A stable commission on the network is not like an overstated Ether with an increase in prices on the market.
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It has big function and yes it show consistancy and no stop for further work in bsc network like ethereum network. Fee will be even smaller than it is now. Without further BSC network show very trust in users request.
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Mate What are you looking for? for wallet, most of people now using Trustwallet and metamask as wallet. And if you are talking about blockchain like bsc blockchain, eth or tron blockchain then i think eth is more secure and Then bsc and tron... Bsc blockchain is now most using blockchain after ether due to fee as well as bsc also trying to provide kind of same facilities. I'm feeling more comfortable with bsc. But when it comes to tokens, then scammers are everywhere. You can get scammed, no matter what Blockchain you are using for transaction. So be careful
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Everyone is opting for BSC Wallet only to reduce gas fees. Honestly Etherwallet is very popular and full of high security. If Ether's gas fees were lower, everyone would use Ethereum wallets. But currently BSC Wallet has spread among the masses in a very short time. Trust Wallet is being used as Metamax Wallet. BSC is the second most used blockchain after Ether due to low cut gas fees. So the importance of bsc wallet has increased a lot.So according to me so far BSC wallet is very good.
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Everyone is opting for BSC Wallet only to reduce gas fees. Honestly Etherwallet is very popular and full of high security. If Ether's gas fees were lower, everyone would use Ethereum wallets. But currently BSC Wallet has spread among the masses in a very short time. Trust Wallet is being used as Metamax Wallet. BSC is the second most used blockchain after Ether due to low cut gas fees. So the importance of bsc wallet has increased a lot.So according to me so far BSC wallet is very good.
I agree with the opinion you gave because I am also a user of BSC. What is certain is that the costs are cheap, and rarely, in fact, I have never experienced any problems at all.
especially now that almost all of the big projects always lead there, and like it or not, we will get used to following this. But indeed, there are still some that are also very popular, but in my opinion, at this time, it must be admitted that BSC is the best, but if, as you say, Ether can push lower, it might also have an impact on BSC itself. Unfortunately, until now, it has been difficult, and Ether can't do it yet.
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For starters, it's a network that almost any cryptocurrency wallet supports. Whether it's a hot wallet or a cold wallet makes no difference.
If we're talking about how secure is this network? I would argue here. There are too many scammers. If you don't have experience, funds can be lost in minutes. Be very careful (even if you have a lot of experience).
P.S. Even in networks, you need diversification. It's not great to keep all cryptocurrency in one network. In case of problems, all funds will be lost. It's something that few people think about - and it's important. 8)
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BSC and Tron are not two different types of wallets. Rather, it belongs to two different blog chains in Binance, but money can be transacted through both. Coins with future binance abnb will increase transactions. But BnB's gas fee seems a bit high to me.
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BSC and Tron are not two different types of wallets. Rather, it belongs to two different blog chains in Binance, but money can be transacted through both. Coins with future binance abnb will increase transactions. But BnB's gas fee seems a bit high to me.
Both are slightly different regarding gas costs, although they are still the cheapest compared to using the ETH network. But in the end, everything will be adjusted to what we are used to using and what we are familiar with. BSC is clearly the most widely used because it is better known and preferred by many new projects.Maybe for you, the fees on BNB might be a bit high, but for me, it is still relatively acceptable because I use it more often for all transactions, compared to Tron, which I rarely do; in fact, I still use automatic more.Once again, everything is returned to the individual who uses it, as long as they feel comfortable.
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BSC and Tron are not two different types of wallets. Rather, it belongs to two different blog chains in Binance, but money can be transacted through both. Coins with future binance abnb will increase transactions. But BnB's gas fee seems a bit high to me.
What are you saying? That's wrong.
BSC is an upgraded Binance blockchain that was designed to support smart contract, it's an Ethereum virtual machine blockchain. People with Ethereum chain can easily change between BSC and Ethereum chain using the same wallet and Tron on the other hand is Tron is another blockchain on his own and very friendly for gaming platforms, but it hasn't be that successful with the vision in mind.
Tron and BSC are both cheaper than ethereum, easy to conduct multiple transactions under some dollars but you dare not try that in ethereum chain because it will not go well, the fees are crazy but BSC and Tron are not the cheapest right now, Matic chain is the most cheapest with fees but it's a layer 2 blockchain.
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BSC and Tron are not two different types of wallets. Rather, it belongs to two different blog chains in Binance, but money can be transacted through both. Coins with future binance abnb will increase transactions. But BnB's gas fee seems a bit high to me.
Both are slightly different regarding gas costs, although they are still the cheapest compared to using the ETH network. But in the end, everything will be adjusted to what we are used to using and what we are familiar with. BSC is clearly the most widely used because it is better known and preferred by many new projects.Maybe for you, the fees on BNB might be a bit high, but for me, it is still relatively acceptable because I use it more often for all transactions, compared to Tron, which I rarely do; in fact, I still use automatic more.Once again, everything is returned to the individual who uses it, as long as they feel comfortable.
The choice of using a particular blockchain network often depends on individual preferences, project needs, and user experience. Transaction fees and network speed are important factors in determining the most suitable blockchain platform. Some considerations regarding Binance Smart Chain (BSC), Ethereum (ETH), Tron, and Polygon (Matic). In terms of transaction costs, it seems like BSC is the right choice because very cheap transaction costs and fast delivery are important considerations for all projects being developed.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
2021 is the year that brings the most token projects from the Tron network. Even at that time many airdrops came from the TRon network. After that, the development of the BSC ecosystem began to catch up and made more altcoin or token projects on the BSC network grow rapidly. In fact, every day there are many lists of BSC network tokens that are successfully registered on cmc. And the hype at that time really had just as many positive and negative impacts. But most of them were scam projects which made many beginners suffer losses because most of the projects on the BSC and Tron networks at that time were not created to be serious projects. They only last a few months and disappear. And what exists to date is their project which is really serious and has succeeded through the bear market. And I think this season the altcoin project can develop on more networks such as Avax and Arbitrum.
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The choice of using a particular blockchain network often depends on individual preferences, project needs, and user experience. Transaction fees and network speed are important factors in determining the most suitable blockchain platform. Some considerations regarding Binance Smart Chain (BSC), Ethereum (ETH), Tron, and Polygon (Matic). In terms of transaction costs, it seems like BSC is the right choice because very cheap transaction costs and fast delivery are important considerations for all projects being developed.
That's right. But most of the (less popular) projects that have (minimum commissions / network speed etc.) - can't succeed as BSC network. Do you know why? - The answer is obvious. There is no aggressive marketing. The fact that the network is actively used only means its popularization among users. BSC networks - there is still room to develop and go. It all depends on CZ and his desire to develop the project. And the result, we'll see in time.
P.S. But for reliability, I favor the other (popular) network a bit more. 8)
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
I have read several opinion from.other member, they said BSC is good wallet and safe
I personally safe my asset there and until now safe.
Hopefully no hacker will steal my assets
There are 2 possibilities for your assets to be stolen by someone
First: your phrase is spread widely so it's easy for people to get into your wallet
second: your wallet is affected by a phishing link where you link your wallet repeatedly to a site that requires you to link your wallet, this is usually when you participate in an airdrop
Moreover, if you store your assets very safely, 99% of your assets will be free from hackers
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There are 2 possibilities for your assets to be stolen by someone
First: your phrase is spread widely so it's easy for people to get into your wallet
second: your wallet is affected by a phishing link where you link your wallet repeatedly to a site that requires you to link your wallet, this is usually when you participate in an airdrop
Moreover, if you store your assets very safely, 99% of your assets will be free from hackers
This method of theft sometimes has one more thing that you have to add. If you look at several cases in airdrops, then many wallets are hit by bots to drain all the assets owned by wallets that are connected to their site. If I see the phishing method, then the developer will create the exact same site to enter secret phrases into the site they created, but from here, the developer created a site that indirectly airdrops participants wallets with their own consciousness, so for me, this is not like phishing anymore.
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Tron and BSC are both cheaper than ethereum, easy to conduct multiple transactions under some dollars but you dare not try that in ethereum chain because it will not go well, the fees are crazy but BSC and Tron are not the cheapest right now, Matic chain is the most cheapest with fees but it's a layer 2 blockchain.
You are right mate, Matic is cheaper than BSC and Tron. Maybe currently Matic is the best solution, because it is quite popular.Talking about Ethereum, we all know Ethereum is very expensive, if the Ethereum team does not solve this problem, investors will soon be left to move to other platforms that are cheaper.
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Tron and BSC are both cheaper than ethereum, easy to conduct multiple transactions under some dollars but you dare not try that in ethereum chain because it will not go well, the fees are crazy but BSC and Tron are not the cheapest right now, Matic chain is the most cheapest with fees but it's a layer 2 blockchain.
You are right mate, Matic is cheaper than BSC and Tron. Maybe currently Matic is the best solution, because it is quite popular.Talking about Ethereum, we all know Ethereum is very expensive, if the Ethereum team does not solve this problem, investors will soon be left to move to other platforms that are cheaper.
Matic is alternate smart contract, that many investors like at this moment, because cheaper transaction fee. Matic will need the time 1-2 years again to compete to the top 5 coins. It's just my prediction. Ethereum is high gas fee, but No platform will replace Ethereum position at the few years.
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Tron and BSC are both cheaper than ethereum, easy to conduct multiple transactions under some dollars but you dare not try that in ethereum chain because it will not go well, the fees are crazy but BSC and Tron are not the cheapest right now, Matic chain is the most cheapest with fees but it's a layer 2 blockchain.
You are right mate, Matic is cheaper than BSC and Tron. Maybe currently Matic is the best solution, because it is quite popular.Talking about Ethereum, we all know Ethereum is very expensive, if the Ethereum team does not solve this problem, investors will soon be left to move to other platforms that are cheaper.
Matic is alternate smart contract, that many investors like at this moment, because cheaper transaction fee. Matic will need the time 1-2 years again to compete to the top 5 coins. It's just my prediction. Ethereum is high gas fee, but No platform will replace Ethereum position at the few years.
Due to the additional gas fees on the Ethereum platform, Anand has increased the popularity of the common platform. Ethereum gas fees started to increase since entering cryptocurrency around 2021. Since then BSC20 started its trend and now it is known among the users as the best platform. BSC platforms are currently the most successful, and a transaction fee is so secure that all users are calm. Currently, the BSC platform is at the peak of popularity.
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Tron and BSC are both cheaper than ethereum,
You are right mate, Matic is cheaper than BSC and Tron.
Matic is alternate smart contract, that many investors like at this moment,
Due to the additional gas fees on the Ethereum platform, Anand has increased the popularity of the common platform. Ethereum gas fees started to increase since entering cryptocurrency around 2021. Since then BSC20 started its trend and now it is known among the users as the best platform. BSC platforms are currently the most successful, and a transaction fee is so secure that all users are calm. Currently, the BSC platform is at the peak of popularity.
The transaction fee depends on those who have funds, if I have funds of only 1 USD and want to send token A using the Binance Smart Chain network worth 0.5 USD then I will cancel the token A transaction.
But if I have funds worth 1,000 USD and with a transaction fee from Binance Smart Chain of 1 USD, I don't have a problem sending it to various wallets.
Comparison with Ethereum, Binance Smart Chain, TRON, Polygon Matic, the transaction fees definitely look different from the fee value, but I also say that depending on who has large funds, even expensive fees will definitely not be a problem.
Example: I have 10,000 Ethereum with a transaction fee that I will send is 1 Ehereum, I will not experience problems as long as the 10,000 Ethereum coins safely reach the wallet destination that I will send. :P
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Matic is alternate smart contract, that many investors like at this moment, because cheaper transaction fee. Matic will need the time 1-2 years again to compete to the top 5 coins. It's just my prediction. Ethereum is high gas fee, but No platform will replace Ethereum position at the few years.
People like Matic because it's easy to spend less than a dollar on many smart contract execution unlike Ethereum that can request a $100 fee on a single interaction with a smart contract, this is why you see that we have a lot of billions of coins locked on Matic but majorly locked more on ethereum because of the trust it has had over the years.
I think we have more of EVM, Avalanche has is fee friendly than other EVM, we also have Near Protocol, and lastly Fantom, this EVM are pretty fast but the fact that the are later 2 I.e underlying layer of Ethereum will limit them in everything, no way you are going to grow and pass the person you are depending on. If Ethereum chain is manipulated today, many of them might not survive.
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Maybe what the OP is referring to here is the BSC network or the TRX (Tron) network for low and secure transaction fees, the question may be this, are BSC and TRX good and safe?
Possibility.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
BSC is a pretty good network, BSC has good security and also cheap transaction fees, even much cheaper than ETH.
Apart from that, BSC also has fast transaction speeds, so this network is chosen by many developers to set up new projects.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
It's almost a year since this thread was created.
And what is happening now is:
- The development of making tokens on the BSC network is increasing, many old tokens are even migrating to BSC.
- Many exchanges and platforms currently provide the BSC network for sending options, because it has lower transaction fees and remains fast speed.
- The BSC network continues to develop with various breakthroughs made by Binance itself.
However, currently there are also several networks that are quite popular and are becoming BSC competitors again, not just Tron, but Solana and Matic.
So currently, many exchanges or platforms also provide network options in the form of: ERC20 (ethereum), BSC, Tron, Solana, Matic (Polygon) and others.
I usually check first whether the recipient's address is available for receiving tokens or coins with that network. The second is to check the amount of the transaction fee. because sometimes every exchange is different, sometimes there are actually 0fee ones.
Regarding security, it seems like they are all almost the same. It is quite safe but does not guarantee 100% security, because online is always at risk of various cyber crimes.
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It's almost a year since this thread was created.
And what is happening now is:
- The development of making tokens on the BSC network is increasing, many old tokens are even migrating to BSC.
- Many exchanges and platforms currently provide the BSC network for sending options, because it has lower transaction fees and remains fast speed.
- The BSC network continues to develop with various breakthroughs made by Binance itself.
However, currently there are also several networks that are quite popular and are becoming BSC competitors again, not just Tron, but Solana and Matic.
So currently, many exchanges or platforms also provide network options in the form of: ERC20 (ethereum), BSC, Tron, Solana, Matic (Polygon) and others.
I usually check first whether the recipient's address is available for receiving tokens or coins with that network. The second is to check the amount of the transaction fee. because sometimes every exchange is different, sometimes there are actually 0fee ones.
Regarding security, it seems like they are all almost the same. It is quite safe but does not guarantee 100% security, because online is always at risk of various cyber crimes.
I am a user of BSC (currently BNB chain) because it is an EVM compatible blockchain, which means that when I have an account on Ethereum, I can also access the same account on BSC right on MetaMask extremely easy. Some other Layer-1 blockchains are also EVM compatible but cannot compete with BSC.
Transactions on BSC are also very cheap and fast, I rarely have to worry about transaction fees. We haven't had any security issues with BSC so I think we can rest assured about the BSC network, at least it is more stable than Solana.
Users should ensure safety factors on the device and during manipulation of wallets to access BSC accounts.
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I am a user of BSC (currently BNB chain) because it is an EVM compatible blockchain, which means that when I have an account on Ethereum, I can also access the same account on BSC right on MetaMask extremely easy. Some other Layer-1 blockchains are also EVM compatible but cannot compete with BSC.
Transactions on BSC are also very cheap and fast, I rarely have to worry about transaction fees. We haven't had any security issues with BSC so I think we can rest assured about the BSC network, at least it is more stable than Solana.
I think the BSC network is very reliable and meets the criteria required by all its users, you just have to adjust it to what you want to do when using it.
That's right, even though it competes with others and is not the cheapest, it is still affordable for the cost of each transaction and the most important thing is the speed.
It must be remembered that this network is probably the most used compared to other rivals and all new projects are also happy with this network, so there is no need to doubt that.
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I think the BSC network is very reliable and meets the criteria required by all its users, you just have to adjust it to what you want to do when using it.
That's right, even though it competes with others and is not the cheapest, it is still affordable for the cost of each transaction and the most important thing is the speed.
It must be remembered that this network is probably the most used compared to other rivals and all new projects are also happy with this network, so there is no need to doubt that.
The BSC network is currently still good enough for making transactions and of course the fees are quite cheap, but currently there are already ones that can compete with the BSC network. This network is one of those that has just developed, namely the Solana network. Hopefully BSC will still be the best and interested by many people.
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I think the BSC network is very reliable and meets the criteria required by all its users, you just have to adjust it to what you want to do when using it.
That's right, even though it competes with others and is not the cheapest, it is still affordable for the cost of each transaction and the most important thing is the speed.
It must be remembered that this network is probably the most used compared to other rivals and all new projects are also happy with this network, so there is no need to doubt that.
The BSC network is currently still good enough for making transactions and of course the fees are quite cheap, but currently there are already ones that can compete with the BSC network. This network is one of those that has just developed, namely the Solana network. Hopefully BSC will still be the best and interested by many people.
There are many networks that are also good and cheap apart from what you said about SOL, but of course, everything comes back from each user being more familiar with what network they are using.
But the advantage of the BSC network is that there are still many new projects connected to their network. It is not impossible that next time, if SOL can also provide guarantees and a good reputation, it will be a very useful competitor for users, because there will be many alternatives that can be used.
For now, I still believe that the BSC network is still the best and most popular choice.
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The dangerous side of BSC is that the blockchain network is not decentralized, which is what makes third party interference quite dominant here. But as long as Binance still shows their credibility in handling a service, many people's trust will remain in Binance.
Even though Binance is currently a centralized company, its existence is enough to gain great trust from many people. Even holding the title as the number one crypto exchange in the world is at stake if you commit an act of fraud.
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The dangerous side of BSC is that the blockchain network is not decentralized, which is what makes third party interference quite dominant here. But as long as Binance still shows their credibility in handling a service, many people's trust will remain in Binance.
Even though Binance is currently a centralized company, its existence is enough to gain great trust from many people. Even holding the title as the number one crypto exchange in the world is at stake if you commit an act of fraud.
That's the point of trust, it's not easy to gain the trust of the crypto community and it's not easy to maintain its title as the number one crypto market in the world.
The important thing is not to let Binance experience the same thing as FTX
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That's the point of trust, it's not easy to gain the trust of the crypto community and it's not easy to maintain its title as the number one crypto market in the world.
The important thing is not to let Binance experience the same thing as FTX
Binance is a large exchange and has insurance so it is unlikely that Binance will have a fate like FTX. I am sure that Binance will remain the best exchange and will not disappoint its users. Every day Binance always tries to provide the best, one of which is always providing a new launchpad that has the potential to provide profits for participating members.
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That's the point of trust, it's not easy to gain the trust of the crypto community and it's not easy to maintain its title as the number one crypto market in the world.
The important thing is not to let Binance experience the same thing as FTX
Binance is a large exchange and has insurance so it is unlikely that Binance will have a fate like FTX. I am sure that Binance will remain the best exchange and will not disappoint its users. Every day Binance always tries to provide the best, one of which is always providing a new launchpad that has the potential to provide profits for participating members.
Yes that's right, lauchpad is one of the advantages of Binance Which has the potential to attract people and force them to buy BNB coins.
I have also participated in the lauchpad event from Binance but I have forgotten what coin it was, if I'm not mistaken the BNB price at that time was around $ 60 and I participated with a capital of 1BNB, after the lauchpad ended and the lauchpad coins were distributed, I was a little surprised by the number of coins I got from the lauchpad and I realized that the lauchpad on Binance was only for whales. :)
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Binance is a large exchange and has insurance so it is unlikely that Binance will have a fate like FTX. I am sure that Binance will remain the best exchange and will not disappoint its users. Every day Binance always tries to provide the best, one of which is always providing a new launchpad that has the potential to provide profits for participating members.
I'm sorry, but what if CZ gets locked up? Have you imagined such a scenario? As a consequence - it is quite possible that the BSC network will be completely shut down (won't work) + the BNB token itself will be nullified. No, I didn't write with a purpose (to scare someone, etc). This is something that is actually possible in practice. The situation with FTX is full proof of that. So it's worth thinking ahead. And take into account absolutely all (negative) scenarios.
P.S. Or better yet, (for diversification purposes) invest a small % of your deposit. In the event, at least it will be less frustrating to say goodbye to the funds.
+ Negative news about Binance is out: "The Nigerian government is demanding $10 billion from Binance as compensation for damages from the exchange's illegal activities."
Source: https://www.bbc.com/pidgin/articles/c25817r8wk8o
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Binance is a large exchange and has insurance so it is unlikely that Binance will have a fate like FTX. I am sure that Binance will remain the best exchange and will not disappoint its users. Every day Binance always tries to provide the best, one of which is always providing a new launchpad that has the potential to provide profits for participating members.
I'm sorry, but what if CZ gets locked up? Have you imagined such a scenario? As a consequence - it is quite possible that the BSC network will be completely shut down (won't work) + the BNB token itself will be nullified. No, I didn't write with a purpose (to scare someone, etc). This is something that is actually possible in practice. The situation with FTX is full proof of that. So it's worth thinking ahead. And take into account absolutely all (negative) scenarios.
P.S. Or better yet, (for diversification purposes) invest a small % of your deposit. In the event, at least it will be less frustrating to say goodbye to the funds.
+ Negative news about Binance is out: "The Nigerian government is demanding $10 billion from Binance as compensation for damages from the exchange's illegal activities."
Source: https://www.bbc.com/pidgin/articles/c25817r8wk8o (https://www.bbc.com/pidgin/articles/c25817r8wk8o)
It's true that Binance is a big exchange and has thought about providing protection with insurance protection, to avoid unwanted things if something happens, this creates trust for them, so it's not surprising that there are still many who still believe in continuing to trade there.
Even though, as you said, if something undesirable happens, there is a high possibility that it will happen to Shizu, such as the worst thing being that she will be imprisoned, but I am very sure that everything will still work as it should, Because an exchange of that size is already thinking about what might happen with this problem, anticipating the worst thing that might happen or will happen. If there are concerns, it is very logical, but we know that there are still many who continue to carry out everything as usual and as if nothing strange has happened or will happen. This is a good sign which also needs to be used as a reference and does not need to be magnified by excessive worry. CMIIW
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Binance is a large exchange and has insurance so it is unlikely that Binance will have a fate like FTX. I am sure that Binance will remain the best exchange and will not disappoint its users. Every day Binance always tries to provide the best, one of which is always providing a new launchpad that has the potential to provide profits for participating members.
I'm sorry, but what if CZ gets locked up? Have you imagined such a scenario? As a consequence - it is quite possible that the BSC network will be completely shut down (won't work) + the BNB token itself will be nullified. No, I didn't write with a purpose (to scare someone, etc). This is something that is actually possible in practice. The situation with FTX is full proof of that. So it's worth thinking ahead. And take into account absolutely all (negative) scenarios.
P.S. Or better yet, (for diversification purposes) invest a small % of your deposit. In the event, at least it will be less frustrating to say goodbye to the funds.
+ Negative news about Binance is out: "The Nigerian government is demanding $10 billion from Binance as compensation for damages from the exchange's illegal activities."
Source: https://www.bbc.com/pidgin/articles/c25817r8wk8o
I understand the risks that might occur when CZ is in prison but I think CZ has left his position and has now been replaced by a new CEO so Binance should still be running well. Unless the whales take advantage of this moment to bring down the price of BNB then that could happen So far, I see that the Binance platform is still trying to make the product it owns (BNB) remain stable and remain attractive to many people.
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I understand the risks that might occur when CZ is in prison but I think CZ has left his position and has now been replaced by a new CEO so Binance should still be running well. Unless the whales take advantage of this moment to bring down the price of BNB then that could happen So far, I see that the Binance platform is still trying to make the product it owns (BNB) remain stable and remain attractive to many people.
I think the change of new CEO at Binance has made BNB investors relieved and still believe in the BNB coin. Whales will always take advantage of the opportunity, but I don't think this time because bitcoin is showing good performance, the price of BNB is also experiencing a good increase too. so I have no doubts about BNB coin.
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I think the change of new CEO at Binance has made BNB investors relieved and still believe in the BNB coin. Whales will always take advantage of the opportunity, but I don't think this time because bitcoin is showing good performance, the price of BNB is also experiencing a good increase too. so I have no doubts about BNB coin.
Yes, you are right and currently the Binance platform is still trying to provide the best by providing lots of new projects created from the Binance smart network, so this will increase Binance users and continue to make the price of Binance increase.
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I think the change of new CEO at Binance has made BNB investors relieved and still believe in the BNB coin. Whales will always take advantage of the opportunity, but I don't think this time because bitcoin is showing good performance, the price of BNB is also experiencing a good increase too. so I have no doubts about BNB coin.
Yes, you are right and currently the Binance platform is still trying to provide the best by providing lots of new projects created from the Binance smart network, so this will increase Binance users and continue to make the price of Binance increase.
I think the changes made are correct to give confidence to investors and users in Binance, so that confidence can rise again to give encouragement to BNB to increase.
It's really difficult to replace Binance because it is currently the best and has been proven by many people using their network, especially new projects that continue to grow. Gradually, everything will return to its origins and investors will continue to believe in the situation that has improved.
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Yes, you are right and currently the Binance platform is still trying to provide the best by providing lots of new projects created from the Binance smart network, so this will increase Binance users and continue to make the price of Binance increase.
I think the changes made are correct to give confidence to investors and users in Binance, so that confidence can rise again to give encouragement to BNB to increase.
It's really difficult to replace Binance because it is currently the best and has been proven by many people using their network, especially new projects that continue to grow. Gradually, everything will return to its origins and investors will continue to believe in the situation that has improved.
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Although many are better and cheaper than binance, but they are not as popular as binance. If we say BSC is good then others, I don't think so. BSC is an alternative smart contract platform as a replacement for ethereum, but there is still one that is cheaper and faster than BSC, namely Solana.
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I guess the OP to this thread was then a newbie when he created this topic, BSC is not a wallet, instead a network and when its comes to selection of networks, we have individual preference to that, but using a particular network first have to depend on the coin we are having in consideration to make transaction in, but its no doubt that BSC is one of the cheapest network we can use in making transactions.
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New projects are almost comes on the BSC wallet or on the TRON wallet becasue of low fee so in future the BSC wallet is good and secure like the ETH or not?
What you actually mean to say here is that the Binancesmart chain and the Tron chain network are not wallets. The Ethereum network is yet another very large network, with lots of projects built on it despite the nightly transaction fee. Not withstanding, what is happening is that most projects aremigrating to different smart chains and only considering one chain again, which makes it possible for investors to decide for themselves which network they want to purchase the token on. Binance chain is rapidly growing, and I believe that in the future they will have more success, and the native token will earn more value than it already did, unless something bad happens to the project that can tarnish their image, just like Luna messed up.
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Yes, you are right and currently the Binance platform is still trying to provide the best by providing lots of new projects created from the Binance smart network, so this will increase Binance users and continue to make the price of Binance increase.
I think the changes made are correct to give confidence to investors and users in Binance, so that confidence can rise again to give encouragement to BNB to increase.
It's really difficult to replace Binance because it is currently the best and has been proven by many people using their network, especially new projects that continue to grow. Gradually, everything will return to its origins and investors will continue to believe in the situation that has improved.
Although many are better and cheaper than binance, but they are not as popular as binance. If we say BSC is good then others, I don't think so. BSC is an alternative smart contract platform as a replacement for ethereum, but there is still one that is cheaper and faster than BSC, namely Solana.
Yes, actually, apart from being popular and widely used and cheap, of course, for me, it's because I'm so used to using it there that I'm too lazy to do it elsewhere. This factor is also unavoidable, apart from of course, with lots of bounty prizes, always use BSC facilities. Even though what you say sol may be cheaper, there is always more and less from each existing network.
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Yes, actually, apart from being popular and widely used and cheap, of course, for me, it's because I'm so used to using it there that I'm too lazy to do it elsewhere. This factor is also unavoidable, apart from of course, with lots of bounty prizes, always use BSC facilities. Even though what you say sol may be cheaper, there is always more and less from each existing network.
BSC is more popular and many bounty coins use the BSC network. We see many tokens and coins using Binance Smart Chain, some of which are worth it and of course some are scams. Solana is cheaper, and it will be the best competitor for BSC
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Yes, actually, apart from being popular and widely used and cheap, of course, for me, it's because I'm so used to using it there that I'm too lazy to do it elsewhere. This factor is also unavoidable, apart from of course, with lots of bounty prizes, always use BSC facilities. Even though what you say sol may be cheaper, there is always more and less from each existing network.
BSC is more popular and many bounty coins use the BSC network. We see many tokens and coins using Binance Smart Chain, some of which are worth it and of course some are scams. Solana is cheaper, and it will be the best competitor for BSC
Many new projects have emerged from the BSC network, so it is not surprising that there are also quite a lot of BSC users. Currently, Solana is hype and has quite rapid growth in new projects. In fact, Solana can currently rise to rank 4 in cmc and BSC drop to rank 5. But I'm sure BSC will return to rank 4 and Solana will slowly fall in rank and price. ETH is still the best and BSC is probably behind it.
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Many new projects have emerged from the BSC network, so it is not surprising that there are also quite a lot of BSC users. Currently, Solana is hype and has quite rapid growth in new projects. In fact, Solana can currently rise to rank 4 in cmc and BSC drop to rank 5. But I'm sure BSC will return to rank 4 and Solana will slowly fall in rank and price. ETH is still the best and BSC is probably behind it.
BSC and Solana often create new tokens because it is very cheap to create tokens on these two networks, but the price of newly created tokens is not very expensive and tends to be like trash, in contrast to Ethereum tokens which still have selling value even though There is no guarantee that new tokens created on the Ethereum network will always have value because it depends on the developer.
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BSC is really good it is really easy to use especially in creating smart contracts
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BSC and Solana often create new tokens because it is very cheap to create tokens on these two networks, but the price of newly created tokens is not very expensive and tends to be like trash, in contrast to Ethereum tokens which still have selling value even though There is no guarantee that new tokens created on the Ethereum network will always have value because it depends on the developer.
Logically, where there are cost savings there are users. Again, it all depends on the project and what they wish to achieve with the coin created in the BSC network. Since (at the moment) there is a lot of fraud. First, you need to earn a reputation. And then you can only talk about development.
P.S. Do you think the Ethereum network doesn't issue scam tokens? In fact, there are quite a lot of them. The network doesn't matter, the technology is more important.
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Many new projects have emerged from the BSC network, so it is not surprising that there are also quite a lot of BSC users. Currently, Solana is hype and has quite rapid growth in new projects. In fact, Solana can currently rise to rank 4 in cmc and BSC drop to rank 5. But I'm sure BSC will return to rank 4 and Solana will slowly fall in rank and price. ETH is still the best and BSC is probably behind it.
In fact, both are equally good in terms of facilities and convenience, which can be accepted apart from being obviously cheap, but we cannot avoid the fact that many projects are growing on the BSC network because it is more popular to use. That's the only difference. But it is true that what you said is that, SOL is also heading in that direction, and it can be seen that MC is ready to compete with it, but in any case it is difficult to beat the BSC network in my opinion, because it always provides innovation.
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Many new projects have emerged from the BSC network, so it is not surprising that there are also quite a lot of BSC users. Currently, Solana is hype and has quite rapid growth in new projects. In fact, Solana can currently rise to rank 4 in cmc and BSC drop to rank 5. But I'm sure BSC will return to rank 4 and Solana will slowly fall in rank and price. ETH is still the best and BSC is probably behind it.
In fact, both are equally good in terms of facilities and convenience, which can be accepted apart from being obviously cheap, but we cannot avoid the fact that many projects are growing on the BSC network because it is more popular to use. That's the only difference. But it is true that what you said is that, SOL is also heading in that direction, and it can be seen that MC is ready to compete with it, but in any case it is difficult to beat the BSC network in my opinion, because it always provides innovation.
Time will tell, because BSC is supported by Binance Exchange which is what makes BSC so popular. Let's just wait and Solana is also developing an exchange, if that happens we will see good competition between them. Let's see
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Time will tell, because BSC is supported by Binance Exchange which is what makes BSC so popular. Let's just wait and Solana is also developing an exchange, if that happens we will see good competition between them. Let's see
That's right, the existence of Binance Exchange provides good movement and support for BSC because it is certain that Binance Exchange will hold several events such as Launchpad which must require using BNB so that the current price of BNB can have a stable price.
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Time will tell, because BSC is supported by Binance Exchange which is what makes BSC so popular. Let's just wait and Solana is also developing an exchange, if that happens we will see good competition between them. Let's see
That's right, the existence of Binance Exchange provides good movement and support for BSC because it is certain that Binance Exchange will hold several events such as Launchpad which must require using BNB so that the current price of BNB can have a stable price.
launchpad using BNB coins, making BNB always needed on the Binance exchange. This is a strategy from the Binance team to keep the coins from falling. If Solana does have an exchange, this is a threat to BNB, but having an exchange as big as Binance will take a long time
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I think the change of new CEO at Binance has made BNB investors relieved and still believe in the BNB coin. Whales will always take advantage of the opportunity, but I don't think this time because bitcoin is showing good performance, the price of BNB is also experiencing a good increase too. so I have no doubts about BNB coin.
Maybe there are still many who don't realize that after Binance experienced a CEO change, many meme coins were listed on Binance, Binance used to look like it really disliked projects that stood on the Solana network but after Binance experienced a CEO bride, many Solana meme coins were listed on Binance.
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Many new projects have emerged from the BSC network, so it is not surprising that there are also quite a lot of BSC users. Currently, Solana is hype and has quite rapid growth in new projects. In fact, Solana can currently rise to rank 4 in cmc and BSC drop to rank 5. But I'm sure BSC will return to rank 4 and Solana will slowly fall in rank and price. ETH is still the best and BSC is probably behind it.
In fact, both are equally good in terms of facilities and convenience, which can be accepted apart from being obviously cheap, but we cannot avoid the fact that many projects are growing on the BSC network because it is more popular to use. That's the only difference. But it is true that what you said is that, SOL is also heading in that direction, and it can be seen that MC is ready to compete with it, but in any case it is difficult to beat the BSC network in my opinion, because it always provides innovation.
Time will tell, because BSC is supported by Binance Exchange which is what makes BSC so popular. Let's just wait and Solana is also developing an exchange, if that happens we will see good competition between them. Let's see
I think that with the increase in good networks, there will be healthy competition, and, of course, the benefit will be for the users, because there will be many alternatives that can be done and not be stuck on just one network.
For me, of course I like it if it continues to develop more and more, which will make a very good contribution to the development of crypto as a whole.
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Many new projects have emerged from the BSC network, so it is not surprising that there are also quite a lot of BSC users. Currently, Solana is hype and has quite rapid growth in new projects. In fact, Solana can currently rise to rank 4 in cmc and BSC drop to rank 5. But I'm sure BSC will return to rank 4 and Solana will slowly fall in rank and price. ETH is still the best and BSC is probably behind it.
In fact, both are equally good in terms of facilities and convenience, which can be accepted apart from being obviously cheap, but we cannot avoid the fact that many projects are growing on the BSC network because it is more popular to use. That's the only difference. But it is true that what you said is that, SOL is also heading in that direction, and it can be seen that MC is ready to compete with it, but in any case it is difficult to beat the BSC network in my opinion, because it always provides innovation.
Time will tell, because BSC is supported by Binance Exchange which is what makes BSC so popular. Let's just wait and Solana is also developing an exchange, if that happens we will see good competition between them. Let's see
I think that with the increase in good networks, there will be healthy competition, and, of course, the benefit will be for the users, because there will be many alternatives that can be done and not be stuck on just one network.
For me, of course I like it if it continues to develop more and more, which will make a very good contribution to the development of crypto as a whole.
the many smart platforms users will have many choices. Where there will be competition between platforms that offer cheap fees and speed and convenience. This will have a big impact on the crypto world. Ethereum has too expensive gas fees, and we can switch to BSC, Solana etc
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the many smart platforms users will have many choices. Where there will be competition between platforms that offer cheap fees and speed and convenience. This will have a big impact on the crypto world. Ethereum has too expensive gas fees, and we can switch to BSC, Solana etc
Exactly, as technology develops, more and more people will try to develop new platforms with the aim of creating chains that have low costs for carrying out transactions with very high confirmation speeds. Solana is currently emerging as the best chain for this year.
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the many smart platforms users will have many choices. Where there will be competition between platforms that offer cheap fees and speed and convenience. This will have a big impact on the crypto world. Ethereum has too expensive gas fees, and we can switch to BSC, Solana etc
Exactly, as technology develops, more and more people will try to develop new platforms with the aim of creating chains that have low costs for carrying out transactions with very high confirmation speeds. Solana is currently emerging as the best chain for this year.
I agree with you, Solana this year did well as an alternate platform. But we need to see that Ethereum is still the most popular and BNB is still above Solana, but we don't know in the next few years. It could be that Solana will overtake ethereum and BNB
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I agree with you, Solana this year did well as an alternate platform. But we need to see that Ethereum is still the most popular and BNB is still above Solana, but we don't know in the next few years. It could be that Solana will overtake ethereum and BNB
It needs better Improvements and development if SOLANA wants to overtake Ethereum and BNB.
See now how the Solana network is too congested and unable to cope with the many transactions that occur.
Unlike ethereum and BNB which are still quite strong and still at the top.
All have good development, but keeping the Network stable and not going Down will be a difficult challenge.
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I agree with you, Solana this year did well as an alternate platform. But we need to see that Ethereum is still the most popular and BNB is still above Solana, but we don't know in the next few years. It could be that Solana will overtake ethereum and BNB
I can conclude that Ethereum is still the most popular for now, but you have to see that Ethereum still has many cases that have not been resolved. If Ethereum doesn't want to lose many of its users, Ethereum must immediately fix the main problem of gas fees which currently tend to be high.
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the many smart platforms users will have many choices. Where there will be competition between platforms that offer cheap fees and speed and convenience. This will have a big impact on the crypto world. Ethereum has too expensive gas fees, and we can switch to BSC, Solana etc
We have to look at the competition from a very good perspective with the many choices that we will be able to use and this will motivate them to continue to provide the latest innovations and really be able to provide the best service for their users. As it continues to increase, there is always a good side that can be produced and we users are greatly helped by the many alternatives that can be used.
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the many smart platforms users will have many choices. Where there will be competition between platforms that offer cheap fees and speed and convenience. This will have a big impact on the crypto world. Ethereum has too expensive gas fees, and we can switch to BSC, Solana etc
That's right, currently there are lots of smart contracts that have quite cheap fees, for the newest ones you can currently see from the BSC network, Solana and the Base Network which are still new but have fairly cheap transaction fees and have quite high trading volumes.
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Maybe there are still many who don't realize that after Binance experienced a CEO change, many meme coins were listed on Binance, Binance used to look like it really disliked projects that stood on the Solana network but after Binance experienced a CEO bride, many Solana meme coins were listed on Binance.
Alas, the outcome of events can unfold in any number of ways, positive or not. In any case, Binance will cooperate with the SEC (and various regulators). And it is the way events will develop that will understand what will happen to the BNB exchange rate. And it often reacts instantly to any news.
One such piece of news:
"Binance's CEO said the exchange is in talks with "multiple jurisdictions" to establish a headquarters."
News link: https://twitter.com/theblockupdates/status/1777596912369111436
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the many smart platforms users will have many choices. Where there will be competition between platforms that offer cheap fees and speed and convenience. This will have a big impact on the crypto world. Ethereum has too expensive gas fees, and we can switch to BSC, Solana etc
That's right, currently there are lots of smart contracts that have quite cheap fees, for the newest ones you can currently see from the BSC network, Solana and the Base Network which are still new but have fairly cheap transaction fees and have quite high trading volumes.
With the many smart contracts with low costs, hopefully this will bring more positive results for the development of crypto as well as additional contributions in general. At least many new project owners will emerge to be able to use alternatives other than always only using BSC.
Then competition will build which will really contribute to investors being able to use the best options to use.
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I agree with you, Solana this year did well as an alternate platform. But we need to see that Ethereum is still the most popular and BNB is still above Solana, but we don't know in the next few years. It could be that Solana will overtake ethereum and BNB
SOL was born 4 years ago, while ETH was born 11 years ago, in my opinion this is very natural regarding the development of SOLANA because it is still a baby, and we usually find price increases of up to thousands of% on new coins that have a clear concept and good progress.
Many argue that ETH remains the strongest altcoin, but I see SOL as quite a tough competitor. And we know that the size of the transaction fee is a consideration for some people too. We can see quite a difference between transaction fees from the Ethereum network compared to transaction fees on the Solana network.
BSC?? Centralized sometimes also doesn't appeal to some people
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I agree with you, Solana this year did well as an alternate platform. But we need to see that Ethereum is still the most popular and BNB is still above Solana, but we don't know in the next few years. It could be that Solana will overtake ethereum and BNB
SOL was born 4 years ago, while ETH was born 11 years ago, in my opinion this is very natural regarding the development of SOLANA because it is still a baby, and we usually find price increases of up to thousands of% on new coins that have a clear concept and good progress.
Many argue that ETH remains the strongest altcoin, but I see SOL as quite a tough competitor. And we know that the size of the transaction fee is a consideration for some people too. We can see quite a difference between transaction fees from the Ethereum network compared to transaction fees on the Solana network.
BSC?? Centralized sometimes also doesn't appeal to some people
You are right, Solana is a baby that was only born 4 years ago, it still needs a lot of time to become as popular as ethereum which was born 11 years ago. Solana is a tough competitor for ethereum in the future. and Solana is predicted to replace ethereum in the future.
BSC? You are right that many people say it is less interesting because of centralization reasons
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You are right, Solana is a baby that was only born 4 years ago, it still needs a lot of time to become as popular as ethereum which was born 11 years ago. Solana is a tough competitor for ethereum in the future. and Solana is predicted to replace ethereum in the future.
BSC? You are right that many people say it is less interesting because of centralization reasons
SOL is good, but there is still a lot of improvement to be done, and it is only natural that in the short time it has been able to reach this point. This is certainly something that other competitors need to pay attention to.
But will it be a replacement for ethereum? There will always be opportunities open, but can he achieve them? Of course time will tell that.
I myself think there are still BSC that are still very good and have been proven to be able to contribute to their users. But in fact, for me, it will be better for competition, so for users there are other alternatives.
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You are right, Solana is a baby that was only born 4 years ago, it still needs a lot of time to become as popular as ethereum which was born 11 years ago. Solana is a tough competitor for ethereum in the future. and Solana is predicted to replace ethereum in the future.
BSC? You are right that many people say it is less interesting because of centralization reasons
SOL is good, but there is still a lot of improvement to be done, and it is only natural that in the short time it has been able to reach this point. This is certainly something that other competitors need to pay attention to.
But will it be a replacement for ethereum? There will always be opportunities open, but can he achieve them? Of course time will tell that.
I myself think there are still BSC that are still very good and have been proven to be able to contribute to their users. But in fact, for me, it will be better for competition, so for users there are other alternatives.
Agree with you, it's better to see the competition between ethereum, BSC and Solana in the next few years. Solana's performance is quite good this year and this poses a serious threat to BSC. Ethereum still has the problem of high gas fees, if it is not resolved by the team it is likely to be replaced by a potential platform such as Solana.
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Agree with you, it's better to see the competition between ethereum, BSC and Solana in the next few years. Solana's performance is quite good this year and this poses a serious threat to BSC. Ethereum still has the problem of high gas fees, if it is not resolved by the team it is likely to be replaced by a potential platform such as Solana.
So far there is very good potential for Solana because as you said, very high transaction fees and speeds are a favorite for many users, but we also have to be careful because low fees ultimately make more and more projects scam.
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Agree with you, it's better to see the competition between ethereum, BSC and Solana in the next few years. Solana's performance is quite good this year and this poses a serious threat to BSC. Ethereum still has the problem of high gas fees, if it is not resolved by the team it is likely to be replaced by a potential platform such as Solana.
So far there is very good potential for Solana because as you said, very high transaction fees and speeds are a favorite for many users, but we also have to be careful because low fees ultimately make more and more projects scam.
Not only Solana, there are also many scams on Binance smart chain. It's best to be more careful and do research before investing, as you said lower gas fees will make many scammers create coins or tokens and commit fraud there.
And that's something we will always encounter in the crypto world.
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Maybe there are still many who don't realize that after Binance experienced a CEO change, many meme coins were listed on Binance, Binance used to look like it really disliked projects that stood on the Solana network but after Binance experienced a CEO bride, many Solana meme coins were listed on Binance.
Alas, the outcome of events can unfold in any number of ways, positive or not. In any case, Binance will cooperate with the SEC (and various regulators). And it is the way events will develop that will understand what will happen to the BNB exchange rate. And it often reacts instantly to any news.
One such piece of news:
"Binance's CEO said the exchange is in talks with "multiple jurisdictions" to establish a headquarters."
News link: https://twitter.com/theblockupdates/status/1777596912369111436
Whatever decision the Binance CEO makes, hopefully it will be the best for everyone, especially for the future of CEX and the BNB token itself, but why does the SEC seem to be targeting such a large and well-known platform?
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You are right, Solana is a baby that was only born 4 years ago, it still needs a lot of time to become as popular as ethereum which was born 11 years ago. Solana is a tough competitor for ethereum in the future. and Solana is predicted to replace ethereum in the future.
BSC? You are right that many people say it is less interesting because of centralization reasons
SOL is good, but there is still a lot of improvement to be done, and it is only natural that in the short time it has been able to reach this point. This is certainly something that other competitors need to pay attention to.
But will it be a replacement for ethereum? There will always be opportunities open, but can he achieve them? Of course time will tell that.
I myself think there are still BSC that are still very good and have been proven to be able to contribute to their users. But in fact, for me, it will be better for competition, so for users there are other alternatives.
Agree with you, it's better to see the competition between ethereum, BSC and Solana in the next few years. Solana's performance is quite good this year and this poses a serious threat to BSC. Ethereum still has the problem of high gas fees, if it is not resolved by the team it is likely to be replaced by a potential platform such as Solana.
We will be presented with good alternatives that can be used with them, so competition will also provide improvements and innovations so that users do not move and will always be loyal.
We as users will be presented with something that will always be updated and perhaps will be more profitable for its users.
This competition will continue and is very good for the future. It is true that ethereum still has problems with costs and what you say could happen, but who knows when.
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You are right, Solana is a baby that was only born 4 years ago, it still needs a lot of time to become as popular as ethereum which was born 11 years ago. Solana is a tough competitor for ethereum in the future. and Solana is predicted to replace ethereum in the future.
BSC? You are right that many people say it is less interesting because of centralization reasons
SOL is good, but there is still a lot of improvement to be done, and it is only natural that in the short time it has been able to reach this point. This is certainly something that other competitors need to pay attention to.
But will it be a replacement for ethereum? There will always be opportunities open, but can he achieve them? Of course time will tell that.
I myself think there are still BSC that are still very good and have been proven to be able to contribute to their users. But in fact, for me, it will be better for competition, so for users there are other alternatives.
Agree with you, it's better to see the competition between ethereum, BSC and Solana in the next few years. Solana's performance is quite good this year and this poses a serious threat to BSC. Ethereum still has the problem of high gas fees, if it is not resolved by the team it is likely to be replaced by a potential platform such as Solana.
We will be presented with good alternatives that can be used with them, so competition will also provide improvements and innovations so that users do not move and will always be loyal.
We as users will be presented with something that will always be updated and perhaps will be more profitable for its users.
This competition will continue and is very good for the future. It is true that ethereum still has problems with costs and what you say could happen, but who knows when.
Of course, this competition will continue for a long time because technological developments will always provide the best. Perhaps for now transaction costs and transaction speed are still the main goals of every existing blockchain project. But in the future there may be something even more interesting and in quite high demand.
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Of course, this competition will continue for a long time because technological developments will always provide the best. Perhaps for now transaction costs and transaction speed are still the main goals of every existing blockchain project. But in the future there may be something even more interesting and in quite high demand.
Personally, I’m not sure that this is any significant value for any project. If you haven’t noticed, lately all projects are released only if they know that they will have very powerful support, they have very powerful speed on the blockchain, since not many people care about this Everyone now only wants to make money on cryptocurrency and not transfer their money very quickly for a minimum commission.
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Personally, I’m not sure that this is any significant value for any project. If you haven’t noticed, lately all projects are released only if they know that they will have very powerful support, they have very powerful speed on the blockchain, since not many people care about this Everyone now only wants to make money on cryptocurrency and not transfer their money very quickly for a minimum commission.
Strong support is the main way for new projects to reach their highest prices.
Now it is not important for the utility or even usability of the project, because as you said people just want to make a lot of money in crypto with any project, including the current shitcoin project.
Even the presale only capitalizes on Twitter status and addresses intended to be sent some coins such as SOL,
and they will get an allocation of coins to be released.
This became a presale of a new model with many shitcoins on the Solana network,
and the effect was that many scammers took advantage of it, but some projects with this model gained full attention and success.
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Personally, I’m not sure that this is any significant value for any project. If you haven’t noticed, lately all projects are released only if they know that they will have very powerful support, they have very powerful speed on the blockchain, since not many people care about this Everyone now only wants to make money on cryptocurrency and not transfer their money very quickly for a minimum commission.
I'm not sure if this is even applicable since this bull started. Take a look at the new coins that were launch between last year and this year, majority are meme coins and the rest are AI coins where the rest are just few solid coins and those ones didn't even have demand like that because people don't look into this things again in profits, they go after meme coins that will double their money.
Some projects that were heavily launched by some prominent teams such as Sui, Aptos and few other layer 2 projects, they haven't done 10x from the amount of public price unlike then the projects will by now has done nothing less than 20x with the current market conditions.
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Personally, I’m not sure that this is any significant value for any project. If you haven’t noticed, lately all projects are released only if they know that they will have very powerful support, they have very powerful speed on the blockchain, since not many people care about this Everyone now only wants to make money on cryptocurrency and not transfer their money very quickly for a minimum commission.
Strong support is the main way for new projects to reach their highest prices.
Now it is not important for the utility or even usability of the project, because as you said people just want to make a lot of money in crypto with any project, including the current shitcoin project.
Even the presale only capitalizes on Twitter status and addresses intended to be sent some coins such as SOL,
and they will get an allocation of coins to be released.
This became a presale of a new model with many shitcoins on the Solana network,
and the effect was that many scammers took advantage of it, but some projects with this model gained full attention and success.
Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
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Personally, I’m not sure that this is any significant value for any project. If you haven’t noticed, lately all projects are released only if they know that they will have very powerful support, they have very powerful speed on the blockchain, since not many people care about this Everyone now only wants to make money on cryptocurrency and not transfer their money very quickly for a minimum commission.
I'm not sure if this is even applicable since this bull started. Take a look at the new coins that were launch between last year and this year, majority are meme coins and the rest are AI coins where the rest are just few solid coins and those ones didn't even have demand like that because people don't look into this things again in profits, they go after meme coins that will double their money.
Some projects that were heavily launched by some prominent teams such as Sui, Aptos and few other layer 2 projects, they haven't done 10x from the amount of public price unlike then the projects will by now has done nothing less than 20x with the current market conditions.
Absolutely right and I think that this is completely normal, that’s why meme coins are now very popular because they can bring investments that will be increased hundreds of times, such an increase in investment And what can’t bring except meme coins, That’s why most of the money is now invested in them and there is nothing good or bad about it, it's just business.
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Absolutely right and I think that this is completely normal, that’s why meme coins are now very popular because they can bring investments that will be increased hundreds of times, such an increase in investment And what can’t bring except meme coins, That’s why most of the money is now invested in them and there is nothing good or bad about it, it's just business.
Hype coins like memes are coins that have a lot of risk, but if you buy and sell them right, you can profit hundreds of times. but it's not easy to do research on a meme project, it requires experience and sharp analysis, I failed many times in the past
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Absolutely right and I think that this is completely normal, that’s why meme coins are now very popular because they can bring investments that will be increased hundreds of times, such an increase in investment And what can’t bring except meme coins, That’s why most of the money is now invested in them and there is nothing good or bad about it, it's just business.
Hype coins like memes are coins that have a lot of risk, but if you buy and sell them right, you can profit hundreds of times. but it's not easy to do research on a meme project, it requires experience and sharp analysis, I failed many times in the past
I totally agree with what you say, it is no longer a secret that many people avoid owning meme coins in the long term, because the risks involved are quite large, because they do more harm than good.
Even though we couldn't close our eyes when Bitcoin passed its ATH yesterday, all meme coins reached their peak in increase and this is extraordinary. Once again, it cannot be used as a reference.
I think Doge is still possible and worthy of being used as a reference if you really want meme coins, but not for anything else, and it's really hopeless.
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Absolutely right and I think that this is completely normal, that’s why meme coins are now very popular because they can bring investments that will be increased hundreds of times, such an increase in investment And what can’t bring except meme coins, That’s why most of the money is now invested in them and there is nothing good or bad about it, it's just business.
Hype coins like memes are coins that have a lot of risk, but if you buy and sell them right, you can profit hundreds of times. but it's not easy to do research on a meme project, it requires experience and sharp analysis, I failed many times in the past
I think so. It’s not at all easy to analyze such projects since it’s impossible to know what they have planned at all. We can only know one thing: that all these projects are designed for the coin to grow very much and they will sell it at an attractive price.
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Absolutely right and I think that this is completely normal, that’s why meme coins are now very popular because they can bring investments that will be increased hundreds of times, such an increase in investment And what can’t bring except meme coins, That’s why most of the money is now invested in them and there is nothing good or bad about it, it's just business.
Hype coins like memes are coins that have a lot of risk, but if you buy and sell them right, you can profit hundreds of times. but it's not easy to do research on a meme project, it requires experience and sharp analysis, I failed many times in the past
I think so. It’s not at all easy to analyze such projects since it’s impossible to know what they have planned at all. We can only know one thing: that all these projects are designed for the coin to grow very much and they will sell it at an attractive price.
Agree, it's not easy to know what their plans are, but I think by doing research and experience we can learn the direction of their movements and goals, just think of playing with luck and don't use big money to invest in meme coins. This is really very risky.
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Agree, it's not easy to know what their plans are, but I think by doing research and experience we can learn the direction of their movements and goals, just think of playing with luck and don't use big money to invest in meme coins. This is really very risky.
Meme coins have a very high risk, according to what you said, we can do more in-depth research on cryptocurrency price movements, but market conditions sometimes do not match the analysis we have made. That is why we must remain careful in determining our steps in the market.
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Absolutely right and I think that this is completely normal, that’s why meme coins are now very popular because they can bring investments that will be increased hundreds of times, such an increase in investment And what can’t bring except meme coins, That’s why most of the money is now invested in them and there is nothing good or bad about it, it's just business.
Hype coins like memes are coins that have a lot of risk, but if you buy and sell them right, you can profit hundreds of times. but it's not easy to do research on a meme project, it requires experience and sharp analysis, I failed many times in the past
I think so. It’s not at all easy to analyze such projects since it’s impossible to know what they have planned at all. We can only know one thing: that all these projects are designed for the coin to grow very much and they will sell it at an attractive price.
Agree, it's not easy to know what their plans are, but I think by doing research and experience we can learn the direction of their movements and goals, just think of playing with luck and don't use big money to invest in meme coins. This is really very risky.
Naturally, you can’t use your last money in such meme coins, I did this and then stopped due to the fact that there was a lot of hassle, I was in the black but it’s not worth it and now I invest only in very popular meme coins, everyone else I think I’m more I won't trade them.
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Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
Yes, and even now projects with utilities are not important enough and will simply stop in the end.
Now memecoin projects without utility and just for fun alone are able to reach Marketcap of millions to billions quite easily.
How crazy the current crypto trend is compared to a few years ago.
I can even make profits fairly easily, but also lose quite easily.
We must keep up with these latest trends and must be able to adapt.
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Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
Yes, and even now projects with utilities are not important enough and will simply stop in the end.
Now memecoin projects without utility and just for fun alone are able to reach Marketcap of millions to billions quite easily.
How crazy the current crypto trend is compared to a few years ago.
I can even make profits fairly easily, but also lose quite easily.
We must keep up with these latest trends and must be able to adapt.
I don't quite understand why memes are more capable of achieving a high marketcap than utility projects, or is it because the current trend is for most investors to look at memes rather than other coins?
Every cycle I notice the trend is always different from the past where the current trend is even crazier towards memecoins, yes it seems like the meme trend will continue to exist and can beat the utility project trend.
Same actually I also get profits but it's not big, from profits there are always losses experienced, so it takes analysis and skills to be able to make us more profitable.
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Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
Yes, and even now projects with utilities are not important enough and will simply stop in the end.
Now memecoin projects without utility and just for fun alone are able to reach Marketcap of millions to billions quite easily.
How crazy the current crypto trend is compared to a few years ago.
I can even make profits fairly easily, but also lose quite easily.
We must keep up with these latest trends and must be able to adapt.
I don't quite understand why memes are more capable of achieving a high marketcap than utility projects, or is it because the current trend is for most investors to look at memes rather than other coins?
Every cycle I notice the trend is always different from the past where the current trend is even crazier towards memecoins, yes it seems like the meme trend will continue to exist and can beat the utility project trend.
Same actually I also get profits but it's not big, from profits there are always losses experienced, so it takes analysis and skills to be able to make us more profitable.
We all know, coin memes are a hype project and there are lots of influencers there. This project is very risky but there are still many people interested. In investing, all decisions are in your hands, if you are willing to take the risk of losing but with the chance of faster profits, maybe we can invest in meme coin.
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Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
Yes, and even now projects with utilities are not important enough and will simply stop in the end.
Now memecoin projects without utility and just for fun alone are able to reach Marketcap of millions to billions quite easily.
How crazy the current crypto trend is compared to a few years ago.
I can even make profits fairly easily, but also lose quite easily.
We must keep up with these latest trends and must be able to adapt.
The conclusion from this can be drawn that all those projects that are coming out now and those that are on hype are worth paying attention to and perhaps even investing in them, but you need to be a really understanding person in what you are doing and not be led by PR advertising, but just watch how they do it and draw conclusions from it.
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Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
Yes, and even now projects with utilities are not important enough and will simply stop in the end.
Now memecoin projects without utility and just for fun alone are able to reach Marketcap of millions to billions quite easily.
How crazy the current crypto trend is compared to a few years ago.
I can even make profits fairly easily, but also lose quite easily.
We must keep up with these latest trends and must be able to adapt.
The conclusion from this can be drawn that all those projects that are coming out now and those that are on hype are worth paying attention to and perhaps even investing in them, but you need to be a really understanding person in what you are doing and not be led by PR advertising, but just watch how they do it and draw conclusions from it.
To see new projects that are currently being hyped, we have to do research and really understand the opportunities of the project. Not only influenced by influencers. because many hype projects end up failing. Always be careful before investing. I think that's because of my bitter past experiences
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To see new projects that are currently being hyped, we have to do research and really understand the opportunities of the project. Not only influenced by influencers. because many hype projects end up failing. Always be careful before investing. I think that's because of my bitter past experiences
That's right, doing research before deciding to go in and buy the coin you want is the right way. Not all projects reported by influencers have security guarantees and always provide profits. So, never be easily influenced by people like that and you must pay close attention.
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Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
Yes, and even now projects with utilities are not important enough and will simply stop in the end.
Now memecoin projects without utility and just for fun alone are able to reach Marketcap of millions to billions quite easily.
How crazy the current crypto trend is compared to a few years ago.
I can even make profits fairly easily, but also lose quite easily.
We must keep up with these latest trends and must be able to adapt.
The conclusion from this can be drawn that all those projects that are coming out now and those that are on hype are worth paying attention to and perhaps even investing in them, but you need to be a really understanding person in what you are doing and not be led by PR advertising, but just watch how they do it and draw conclusions from it.
To see new projects that are currently being hyped, we have to do research and really understand the opportunities of the project. Not only influenced by influencers. because many hype projects end up failing. Always be careful before investing. I think that's because of my bitter past experiences
I’ll give you a little advice, you shouldn’t think about investing in what you’re investing your money in for a very long time. You should approach investments only from the perspective of making money and not from the perspective of getting up rich in the morning by investing once. You may have to invest and sell 10 times. 5 years and not once every 10 years
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I’ll give you a little advice, you shouldn’t think about investing in what you’re investing your money in for a very long time. You should approach investments only from the perspective of making money and not from the perspective of getting up rich in the morning by investing once. You may have to invest and sell 10 times. 5 years and not once every 10 years
In essence, investment takes time and cannot be done instantly.
It takes research and purchases gradually to accumulate more and more assets.
But sales can be done at a predetermined price target, as long as there is no need to panic and everything will go well.
No investment will generate thousands of dollars in an instant, it also depends on how much investment capital is used.
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I’ll give you a little advice, you shouldn’t think about investing in what you’re investing your money in for a very long time. You should approach investments only from the perspective of making money and not from the perspective of getting up rich in the morning by investing once. You may have to invest and sell 10 times. 5 years and not once every 10 years
In essence, investment takes time and cannot be done instantly.
It takes research and purchases gradually to accumulate more and more assets.
But sales can be done at a predetermined price target, as long as there is no need to panic and everything will go well.
No investment will generate thousands of dollars in an instant, it also depends on how much investment capital is used.
Research and analysis is the most appropriate way to do before investing. because we have to understand the coins and projects we are going to buy. Panic will always bring losses, because we cannot think rationally when we panic
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I’ll give you a little advice, you shouldn’t think about investing in what you’re investing your money in for a very long time. You should approach investments only from the perspective of making money and not from the perspective of getting up rich in the morning by investing once. You may have to invest and sell 10 times. 5 years and not once every 10 years
In essence, investment takes time and cannot be done instantly.
It takes research and purchases gradually to accumulate more and more assets.
But sales can be done at a predetermined price target, as long as there is no need to panic and everything will go well.
No investment will generate thousands of dollars in an instant, it also depends on how much investment capital is used.
Exactly this way and no other way. Since if you want to be an investor in the future, then you need to tune yourself now to the fact that you like to read the news, if you don’t like it, then it’s better not to think in the direction of investing at all, since in fact any investor is the same a person who reads dozens or hundreds of different news about projects every day and then makes an analysis