What is your favorite blockchain?

[Aanuoluwatofunmi]

Proof of work PoW is the only most reliable blockchain technology application because that is the basis to how we also have bitcoin mining and its reward from, this is about having a decentralized network, a reliable one that has no third party influence and we can take for instance the use of p2p network as one of the best explanations to the use of this same proof of work, decentralization is the key and nothing more.

[lepbagong]

The only blockchains I often use are BSC, Polygon, Erc20, and Trc20. These are the ones that I use most often. And now, I'm using Dex platforms like those under the Solana network, like Raydium or JUP, because I'm buying what I think are coins under the SOL network.

I have visible coins that I think can give me potential profit in the end. Especially in this bull season that will happen in 2024. I do hope that even a moderate profit will be fine with me.

It seems like almost everyone is doing what you said, because it is currently more popular and many transactions have been carried out there to date.
But in the end, it all comes down to familiarity with what we do, not because of what network we will use, because I am used to using BSC, almost all the transactions I make will be there, maybe only a few times on other networks such as Polygon and TRC20, but very rarely using the ERC20 network and trying to avoid expensive transaction fees as a reason.

[KryptoBull]

The only blockchains I often use are BSC, Polygon, Erc20, and Trc20. These are the ones that I use most often. And now, I'm using Dex platforms like those under the Solana network, like Raydium or JUP, because I'm buying what I think are coins under the SOL network.

I have visible coins that I think can give me potential profit in the end. Especially in this bull season that will happen in 2024. I do hope that even a moderate profit will be fine with me.

Ethereum, BSC, Tron, and Polygon were very popular in the 2021 uptrend, but now all the attention is on Layer-2 and Solana thanks to their strong development. We see a lot of information about them on the media, and of course they will attract more users and new money flow.

I am also following Solana and its ecosystem, I just hope that Solana will soon become more stable, in order to help SOL token price to create a new ATH soon. At the same time, the quality of the projects in the Solana ecosystem should also be experienced, I don't think memecoins can sustain the strength of the ecosystem in the long term.

[bettercrypto]

The only blockchains I often use are BSC, Polygon, Erc20, and Trc20. These are the ones that I use most often. And now, I'm using Dex platforms like those under the Solana network, like Raydium or JUP, because I'm buying what I think are coins under the SOL network.

I have visible coins that I think can give me potential profit in the end. Especially in this bull season that will happen in 2024. I do hope that even a moderate profit will be fine with me.

It seems like almost everyone is doing what you said, because it is currently more popular and many transactions have been carried out there to date.
But in the end, it all comes down to familiarity with what we do, not because of what network we will use, because I am used to using BSC, almost all the transactions I make will be there, maybe only a few times on other networks such as Polygon and TRC20, but very rarely using the ERC20 network and trying to avoid expensive transaction fees as a reason.

I'm the same way; I avoid ERC20 because its transaction fee is expensive, although if I compare it before, it's really expensive, and even now that it's 0.003 ETH per transaction in an exchange, it depends on that exchange. As long as I can, I'll be on their blockchain network with low fees but fast.

And I know that most of what you said is also used by the majority of the of the community here in the field of the cryptocurrency business industry. Unless I see a coin under EC20 that really has potential, I won't hesitate to buy it.

[IvugeoEvolutionCoin]

It seems like almost everyone is doing what you said, because it is currently more popular and many transactions have been carried out there to date.
But in the end, it all comes down to familiarity with what we do, not because of what network we will use, because I am used to using BSC, almost all the transactions I make will be there, maybe only a few times on other networks such as Polygon and TRC20, but very rarely using the ERC20 network and trying to avoid expensive transaction fees as a reason.

It's true, sometimes it depends on habits, but sometimes it also depends on the transaction fees used. Currently, the BSC network is still the idol of many traders because they can make transactions quickly and with low transaction fees.

[Vx1]

BSC is a Blockchain that I have often used for a long time, this is because this Blockchain has good transaction speed, security and low fees. Maybe currently many Blockchains have low fees when compared to BSC, but what about the security?! 
But that doesn't mean I don't like or have never transacted on other Blockchains, Solana, Polygon, I often transact there too.
But if you ask me which one is my favorite?!  BSC is the answer

[bitterguy28]

Like the most or the majority of the votes it is the Decentralization is what we mostly choose when asking about the chain because that is the reason we all here as this is what Banks cannot offer us and not all investments has this decentralized option so having this will give us our privacy and our capacity to choose on our own.

[TomPluz]

I would say that I love most of the top blockchain infrastructure but for now the top for me in terms of speed, cost and popularity is BNB or BSC all because even if the price of its coin is getting higher the cost per transaction will never make one get dismayed. As for Bitcoin, just days ago I made a transfer and the cost is around $14 which to me is really exorbitant and is the big reason why many are not using it in everyday transactions like buying groceries or a cup of coffee. As for Ethereum, the cost per transaction depends a lot on how congested or not its network...and it can go as high as $5 at some time. I can be wrong but I was made to believe that blockchain technology should make things cheaper, faster and really so efficient and since I am not getting those from top blockchain systems then I am a little bit annoyed with this development...

[Stompix]

Ethereum, BSC, Tron, and Polygon were very popular in the 2021 uptrend, but now all the attention is on Layer-2 and Solana thanks to their strong development. We see a lot of information about them on the media, and of course they will attract more users and new money flow.

Solana hasn't yet  managed to get a real big game changer project on board despite the speed.
Tron got in the front row by snatching tether from eth and taking over with the low fees, Solana, despite also having tether for 3 years has not yet managed to get a sizable piece of the pie, you can't live just on things that the network can do , you need people using it, features with no userbase will only get pump and dumps.

And in my opinion the whole layer 2 in Solana is not that important, eth is clogged and plagued by high fees, so is Bitcoin, but Solana doesn't really need with it's design those, so...why invest in more features and not capitalize on your already current strong points?

[EthereumDev_]

Like the most or the majority of the votes it is the Decentralization is what we mostly choose when asking about the chain because that is the reason we all here as this is what Banks cannot offer us and not all investments has this decentralized option so having this will give us our privacy and our capacity to choose on our own.

Exactly, when you invest in a bank, the profits you get are very small and every month there is also an admin fee which sometimes will automatically deduct the balance you have. Meanwhile, investments like Bitcoin don't have admin fees like that and the profits you get are very large because From year to year the price increases and the supply becomes increasingly limited.

[KryptoBull]

Solana hasn't yet  managed to get a real big game changer project on board despite the speed.
Tron got in the front row by snatching tether from eth and taking over with the low fees, Solana, despite also having tether for 3 years has not yet managed to get a sizable piece of the pie, you can't live just on things that the network can do , you need people using it, features with no userbase will only get pump and dumps.

And in my opinion the whole layer 2 in Solana is not that important, eth is clogged and plagued by high fees, so is Bitcoin, but Solana doesn't really need with it's design those, so...why invest in more features and not capitalize on your already current strong points?

I also don't think Solana needs layer-2 solutions. 65k TPS is more than enough for Solana to meet current user demand at a very low cost. The Solana team needs to focus on technology to ensure that Solana's stability will be improved in the future. Users don't need any outages in the future, especially during uptrends!

Tron is very popular but only with USDT. I don't know of any really popular dApps developed on Tron. I've never tried using JustSwap and I don't have an account on the Tron blockchain. I don't see Tron as a formidable competitor to other blockchains in the crypto market. It has been seen as a blockchain for efficiently running USDT.

[bettercrypto]

Proof of work PoW is the only most reliable blockchain technology application because that is the basis to how we also have bitcoin mining and its reward from, this is about having a decentralized network, a reliable one that has no third party influence and we can take for instance the use of p2p network as one of the best explanations to the use of this same proof of work, decentralization is the key and nothing more.

I concur with your points since they have been tried and true in the security space for a while, particularly when it comes to protecting blockchains like Bitcoin. In terms of decentralization, mining is an option for the POW fosters who are called.

Furthermore, POW is incredibly dependable when it comes to blockchain security. Even if we concede that its energy consumption is significant, the scalability of the alternative consensus mechanisms known as POS is helping them acquire popularity in a developing technological context.

[KryptoBull]

I concur with your points since they have been tried and true in the security space for a while, particularly when it comes to protecting blockchains like Bitcoin. In terms of decentralization, mining is an option for the POW fosters who are called.

Furthermore, POW is incredibly dependable when it comes to blockchain security. Even if we concede that its energy consumption is significant, the scalability of the alternative consensus mechanisms known as POS is helping them acquire popularity in a developing technological context.

Personally, I only like the POW of the Bitcoin blockchain because the energy consumed is completely worth BTC value. Other POW networks don't convince me because they are quite expensive and don't have a really big role in this market, for example Litecoin and Ethereum Classic. We can see the weakening of Bitcoin's decentralization after each halving, when small miners have to give up this industry and are acquired by larger companies. That is one of the problems that we will have to face in the future.

POS is more energy efficient but the Ethereum Foundation is also having to address the issue of decentralization as LSD has caused many ETH holders to delegate staking to projects like Lido and negatively impact decentralization. Each consensus mechanism has its own advantages and disadvantages, they need time to improve themselves and become better versions.

Currently, POS is the trend because the majority of new blockchains choose and use POS, I think this is suitable for the development and evolution of technology. Bitcoin is the standard of the whole market, POW will still be the best choice for Bitcoin for now.

[Mr. Magkaisa]

The only blockchains I often use are BSC, Polygon, Erc20, and Trc20. These are the ones that I use most often. And now, I'm using Dex platforms like those under the Solana network, like Raydium or JUP, because I'm buying what I think are coins under the SOL network.

I have visible coins that I think can give me potential profit in the end. Especially in this bull season that will happen in 2024. I do hope that even a moderate profit will be fine with me.

Ethereum, BSC, Tron, and Polygon were very popular in the 2021 uptrend, but now all the attention is on Layer-2 and Solana thanks to their strong development. We see a lot of information about them on the media, and of course they will attract more users and new money flow.

I am also following Solana and its ecosystem, I just hope that Solana will soon become more stable, in order to help SOL token price to create a new ATH soon. At the same time, the quality of the projects in the Solana ecosystem should also be experienced, I don't think memecoins can sustain the strength of the ecosystem in the long term.

          -   That Solana may be trending and useful this season, but from what I can see, every day that passes, many meme coins are listed or added under the Solana network because of the trend that happened recently in their network.

Probably a few weeks or months from now, the Solana network will become congested, in my opinion. Right now, that won't happen because there aren't really that many, and if that happens, Solana's price value in the market will probably be high.

[Gurujebs]

Exactly, when you invest in a bank, the profits you get are very small and every month there is also an admin fee which sometimes will automatically deduct the balance you have. Meanwhile, investments like Bitcoin don't have admin fees like that and the profits you get are very large because From year to year the price increases and the supply becomes increasingly limited.

The charges are minor and are almost zero if you save in a savings account without Credit or debit cards due to maintenance and fees but I don't see banks as investments, it's like losing money because when you save your money in banks, you will likely not gain anything and you may even be affected by inflation.

Bitcoin is one of the best alternatives to investment but don't forget that even though you have those big and large profits, you will not spend them alone, you will pay tax to the government before you can be able to convert your investment to fiats and the taxes aren't friendly, always 15% and above.