From Ethereum to Binance Smart Chain

[LUCKMCFLY]

I think that everything lies in the issue of fees, in the ETH ERC-20 network the fees are too expensive, it is exaggerated, I recently made a withdrawal of tokens and paid almost 200USD, which seems too much, because 200USD is a lot For me, BSC really is the best option for now, since the Polygon network will be much cheaper.

[Rakin343]

The Benson smart chain platform from Etherium is currently the most popular. With the substantial increase in transaction fees for the Ethereum platform, people have now chosen the unique platform.The most favorite is the Binance Smart Chain platform.Now people have moved from the Ethereum platform to the Binance Smart Chain platform

[Lifetime]

BSC makes it a lot easier for developers and users to make transactions at lower fees, hope it looks successful and there is a lot of traffic on the BSC network, the fees for sending tokens and trading DEX on the DeFi and AMM platforms look good for under $1.

[Afony]

A very cool platform on the Radix Broadcast, it also has its own intelligent system in which a huge number of investors are already investing. She managed to shoot during the annual period, as more than one campaign did not shoot.

[Oksana Ksyusha]

Thanks author for this topic. As fir me it is very comfortable that for example Metamask support two networks, including Binance Smart Chain. And there transactions are cheaper. But you must be very attentive to choose necessary network.

[rizqillah]

BSC makes it a lot easier for developers and users to make transactions at lower fees, hope it looks successful and there is a lot of traffic on the BSC network, the fees for sending tokens and trading DEX on the DeFi and AMM platforms look good for under $1.

I agree I think BSC makes easier for developers and user. BSC is lower transaction fee and faster transaction speed than ERC20.
But we must be careful, we all know there are many scam projects at BSC.
I think we will see many projects migrate to BSC.
BSC is the best alternate smart contract platform.

[bmw1]

If Ethereum and Binance smart chains are considered as transactions, then Ethereum network is losing popularity due to high fees. On the other hand, the network fee of Binance Smart Chain is much lower, which is why it has gradually become more popular than Etherium. More bep20 tokens than erc20 are used for this. If Ethereum's network fee is reduced to the same as before, then Ethereum's popularity will be higher than before.

[Honor20]

 two coins between Binance and ETH, both coins have good fundamentals but users can choose which platform they want to use. analyst are arguing that EIP1559 won't be able to solve the current auction based gas price system for longer period of time. But lets see what will be BSC network, the fees for sending tokens and trading DEX on the DeFi and AMM platforms look good for under $1.

[silkytakyaan86]

Ethereum , As wel all known. In Cryptocurrency Ether is second only to Bitcoin in market capitalization. Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform.Its popularity is also great.However, nowadays there is a ruckus going on regarding the fees of Ethereum.And here we see the fee of Binance smart chain. it is very less. Now a days most are switching to new projector Binance smart chain.

[Goldlife]

The reason why people are more attracted to smart chains at the present time is that Etherium is equal to gas free sky compared to smart chains so people are avoiding Etherium platform.  On the other hand, since smart chain transaction is much less free, people are feeling more comfortable and have already started using it.

[Ghozrd]

The current crypto project developers will choose BSC because it has lower fees, that's also what I will do to trade Dex, by choosing the BSC network, everything is better because of low transaction fees.
Another reason why many developers choose BSC, because Binance has an MVB Program and Binance labs, this encourages developers to have more experience and they will get funding from the program.

[Zezari]

The popularity of the Ether goes sideways to him because of the high price per transaction on the network, because of this, most projects leave the platform for BSC. Here it is clear why everyone is switching to this platform because of the low price per transaction.

[pelana vreo]

This is a good opportunity for BNB to be more popular because there are a lot of new projects running on the BSC network, the problems experienced by Ethereum are still not resolved, but some new projects on the ethereum network continue to grow even though the transaction fees there are more expensive, I will choose BSC to do each transactions due to low fees and user friendly

[satpol_PP]

This is a good opportunity for BNB to be more popular because there are a lot of new projects running on the BSC network, the problems experienced by Ethereum are still not resolved, but some new projects on the ethereum network continue to grow even though the transaction fees there are more expensive, I will choose BSC to do each transactions due to low fees and user friendly

High transaction fee of ERC20 is the reason why many projects migrate to BSC and many new projects starting to use BSC platform.
Ethereum is still the bigger community, maybe BSC will take several years again will be more popular such as ERC20

[lepbagong]

This is a good opportunity for BNB to be more popular because there are a lot of new projects running on the BSC network, the problems experienced by Ethereum are still not resolved, but some new projects on the ethereum network continue to grow even though the transaction fees there are more expensive, I will choose BSC to do each transactions due to low fees and user friendly

indeed as long as the ethereum network is still having problems with costs, there will be many other networks that are very good and trustworthy, one of which is binance. it's true what you said now that projects using the ethereum network have started to appear again, but there will always be problems at the end of the project being completed. when the distribution will be carried out, it will be constrained by large costs and eventually it will be delayed and the problem cannot be resolved.

Binance is indeed very good at the moment but we also have to anticipate if the supporting coins are also expensive like ethereum, then it is inevitable that expensive fees will also occur and new networks will emerge to replace them and that continues to apply in crypto.