Did You not Realize that Ethereum Already has a Rival to the Binance Smart Chain

[MrSpasybo]

We are seeing BSC outperforming Ethereum in many ways such as transaction speed and cost but the reason is the number of Ethereum users - too large. That said, the community still believes in Ethereum's future potential. I still do not fully trust BSC because there are only 21 validators in the BSC network, even some of them may be managed by Binance. The Ethereum network is more decentralized, and with a layer-2 solution I believe the scalability problem will be resolved soon.

[Batch18-19]

When Ethereum's gas-fee levels skyrocketed, people avoided the platform and came to the Binance Smart Chain platform.But the popularity of the Ethereum platform has increased as Ethereum's transaction free has been declining again for a few days.Hopefully its popularity will increase further in the future.

[atjiat]

When Ethereum's gas-fee levels skyrocketed, people avoided the platform and came to the Binance Smart Chain platform.But the popularity of the Ethereum platform has increased as Ethereum's transaction free has been declining again for a few days.Hopefully its popularity will increase further in the future.

The point is when Ethereum completely switches to the second version, then not only the throughput of Ethereum will increase, but also the commissions will decrease, and then Ethereum will have no competitors at all.

[sampoerna]

Etherum and Binance Smart CHain are precisely competing. The new technology from Binance is considered better, moreover if compared to the transaction fees and also traffic. However, they are new and many are still not yet guarantee the life to be better.

[Octoalts]

Currently Ethereum is starting to lose trust due to very high transaction fees, especially with the presence of BSC which can be a solution, I am worried that Ethereum will be increasingly abandoned. I have also created a BSC wallet as a tool due to the high transaction fees that Ethereum charges. My prediction is, If Ethereum doesn't lower their gas costs Ethereum will be completely abandoned.

[UNIVERSE]

Yes, I realized this from:
- They are competing about the transaction fee and also projects
- Each may have a brighter future, so don't be sad to face this
- The CEO is also competing with each other.
I personally like ERC20, but the fee is very high, so it is better to move to BSC

[Chiblex]

I also prefer erc20 over others, but a few days ago I tried to transact with erc20, I tried to send tokens from the wallet to the exchange, and the fee I have to pay is $8 for one delivery, I think this is too high if the token is to be we sell only a little ... even to cover the fee is not enough... but after all, we have got a lot of ERC20 based tokens, like it or not, when we are going to sell, we have to pay quite a large fee...

[AlviNess]

A few days ago, Ethereum was losing its popularity. Many people left the Ethereum platform and moved to other platforms.Because Ethereum's transaction fee has increased so much that people have been forced to leave the platform.Many people left this platform and went to Binans Smart Chain platform.However, people are backing the platform again as Ethereum's transactions have returned to normal.

[Chiblex]

It has been months since the price of ethereum has risen so high that the gas fee has not yet been changed by the developer, or maybe it has taken advantage of the opportunity when all prices are high... if ethereum wants to make normal fees, I don't think it will be the process so far... they will easily make those changes, such as the TRON network and BSC is cheap in determining transaction fees...

[Arkann]

It has been months since the price of ethereum has risen so high that the gas fee has not yet been changed by the developer, or maybe it has taken advantage of the opportunity when all prices are high... if ethereum wants to make normal fees, I don't think it will be the process so far... they will easily make those changes, such as the TRON network and BSC is cheap in determining transaction fees...

in fact, there are planned processes that will make it possible to reduce gas prices. The fact is that the London update has already been announced, in which there will be a final transition to the second version on the network, I will only see the real results of the team's actions in the summer.