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Poll

What interests you most when evaluating a blockchain?

Technology (consensus protocol)
Decentralization
Transaction speed (tps)
Transaction fees (USD)
Ecosystem development (Dapps)
Potential profits

Author Topic: What is your favorite blockchain?  (Read 1715 times)

Offline bayu7adi

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Re: What is your favorite blockchain?
« Reply #45 on: April 05, 2024, 07:16:10 PM »
Actually I like the transaction speed that BSC has... but because they are not open enough and their platform tends to be centralized,...

I more often make USDT transactions on the BEP-20 network for transactions on centralized exchanges... the transaction speed is lightning fast, and also the cheap transaction fees make it easier for me in every trading activity as well as arbitrage.

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Re: What is your favorite blockchain?
« Reply #45 on: April 05, 2024, 07:16:10 PM »

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Offline 0t3p0t

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Re: What is your favorite blockchain?
« Reply #46 on: April 05, 2024, 08:26:32 PM »
Actually I like the transaction speed that BSC has... but because they are not open enough and their platform tends to be centralized,...

I more often make USDT transactions on the BEP-20 network for transactions on centralized exchanges... the transaction speed is lightning fast, and also the cheap transaction fees make it easier for me in every trading activity as well as arbitrage.
Yeah same here BEP20 when it comes to cheaper option of fees or we can choose Doge and Dash however Nano or XNO is the best if we are talking about feeless transactions the only downside for me is that I can't find this coin on Bybit which is my most used exchange since Binance has already been banned here in my country.

Offline KryptoBull

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Re: What is your favorite blockchain?
« Reply #47 on: April 07, 2024, 01:24:06 AM »
Actually I like the transaction speed that BSC has... but because they are not open enough and their platform tends to be centralized,...

I more often make USDT transactions on the BEP-20 network for transactions on centralized exchanges... the transaction speed is lightning fast, and also the cheap transaction fees make it easier for me in every trading activity as well as arbitrage.
BSC was a standout blockchain in the 2021 uptrend, and I also really love BSC, now BNB chain, because it has low fees and high speed. In addition, we come to this market to find profits, and the BNB chain ecosystem has enough Dapps and opportunities for us to do that. The BNB token itself also has an impressive price increase, it is in the top 5 in terms of market cap and is supported by Binance - the world's leading CEX. Some other blockchains have lower costs and faster speeds like EOS or NEO, but they have poor ecosystems and not many investment opportunities.

I believe that BNB chain will continue to be one of the most used and loved blockchains in this uptrend!

Online Doovla

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Re: What is your favorite blockchain?
« Reply #48 on: April 08, 2024, 07:11:39 PM »
The way of service and efficiency by days, months and years in each project, be it long or short, getting a big profit is the moment of decision to invest in the project. It is also important to me that there is either an Ethereum network or a BSC network because of the value of money and the development process itself.

Offline KryptoBull

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Re: What is your favorite blockchain?
« Reply #49 on: April 10, 2024, 03:04:19 AM »
The way of service and efficiency by days, months and years in each project, be it long or short, getting a big profit is the moment of decision to invest in the project. It is also important to me that there is either an Ethereum network or a BSC network because of the value of money and the development process itself.
Hmm, maybe you are saying that you love Ethereum and BSC chains, many investors also love them but to get profit, we have to choose the most potential projects in the ecosystem and participate in the market at the right time.

I agree! I also only use BNB chain and love its very developed ecosystem. Ethereum continues to have very high transaction fees and users are being encouraged to use Layer-2 like Arb, Op, Base... with transaction fees of only a few cents.

 

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