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Author Topic: BSC is good then the other wallets or not?  (Read 12871 times)

Offline MVL~$

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Re: BSC is good then the other wallets or not?
« Reply #105 on: January 23, 2024, 06:11:39 PM »
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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Re: BSC is good then the other wallets or not?
« Reply #105 on: January 23, 2024, 06:11:39 PM »

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Re: BSC is good then the other wallets or not?
« Reply #106 on: January 24, 2024, 12:14:21 PM »
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.

Offline Gurujebs

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Re: BSC is good then the other wallets or not?
« Reply #107 on: January 24, 2024, 12:22:18 PM »
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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Offline TopT3ns

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Re: BSC is good then the other wallets or not?
« Reply #108 on: January 24, 2024, 02:14:54 PM »
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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Re: BSC is good then the other wallets or not?
« Reply #109 on: January 29, 2024, 04:31:02 AM »
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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Re: BSC is good then the other wallets or not?
« Reply #110 on: January 29, 2024, 01:11:54 PM »
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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Offline MUGNIA

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Re: BSC is good then the other wallets or not?
« Reply #111 on: February 10, 2024, 08:11:02 AM »
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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Re: BSC is good then the other wallets or not?
« Reply #111 on: February 10, 2024, 08:11:02 AM »


Offline EthereumDev_

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Re: BSC is good then the other wallets or not?
« Reply #112 on: February 14, 2024, 04:21:42 PM »
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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Re: BSC is good then the other wallets or not?
« Reply #113 on: February 17, 2024, 10:00:22 PM »

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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Re: BSC is good then the other wallets or not?
« Reply #114 on: February 18, 2024, 02:59:32 AM »

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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Re: BSC is good then the other wallets or not?
« Reply #115 on: February 18, 2024, 05:07:40 AM »

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.

Offline damsix

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Re: BSC is good then the other wallets or not?
« Reply #116 on: February 18, 2024, 11:27:04 AM »
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
retire and rest in peace

Offline Gurujebs

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Re: BSC is good then the other wallets or not?
« Reply #117 on: February 18, 2024, 03:32:48 PM »
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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Re: BSC is good then the other wallets or not?
« Reply #119 on: February 18, 2024, 08:37:32 PM »
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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