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Author Topic: Ethereum vs of BNB Platform  (Read 30555 times)

Offline de_prof

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Re: Ethereum vs of BNB Platform
« Reply #285 on: April 11, 2024, 03:37:31 PM »

Yes, it is true that gas fees are one of the weaknesses that Ethereum has, because of course we also want lower gas fees, and I think that is the nature of those of us who want to pay cheaper financing.

It is not impossible that they will have competitors who might overtake them and now there are also some narratives that Solana will overtake Ethereum. Even though this is just a narrative, it is still something that is not good for them.
Yes, gas fees will make investors switch to those with cheaper gas fees. and until now ethereum has not found the right solution to its problem. As you said this is a threat to ethereum because BNB and Solana offer lower gas fees.
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Re: Ethereum vs of BNB Platform
« Reply #285 on: April 11, 2024, 03:37:31 PM »

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Re: Ethereum vs of BNB Platform
« Reply #286 on: April 12, 2024, 01:50:09 PM »

Yes, it is true that gas fees are one of the weaknesses that Ethereum has, because of course we also want lower gas fees, and I think that is the nature of those of us who want to pay cheaper financing.

It is not impossible that they will have competitors who might overtake them and now there are also some narratives that Solana will overtake Ethereum. Even though this is just a narrative, it is still something that is not good for them.
Yes, gas fees will make investors switch to those with cheaper gas fees. and until now ethereum has not found the right solution to its problem. As you said this is a threat to ethereum because BNB and Solana offer lower gas fees.
Maybe they will try to find a solution to the gas fees on their network. Because for small investors, they might think twice about investing. Even though they are only small investors, they will also be very influential.

In my opinion, like it or not, they also have to adjust this, because it cannot be denied that cheap gas fees will attract investors who bring small capital. Especially when traffic is heavy, we know what the gas fee is like.

Offline DAMKAR

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Re: Ethereum vs of BNB Platform
« Reply #287 on: April 12, 2024, 02:23:02 PM »

Maybe they will try to find a solution to the gas fees on their network. Because for small investors, they might think twice about investing. Even though they are only small investors, they will also be very influential.

In my opinion, like it or not, they also have to adjust this, because it cannot be denied that cheap gas fees will attract investors who bring small capital. Especially when traffic is heavy, we know what the gas fee is like.
Gas fees will always be a problem, and they really affect small investors. As you said, the dev team also has to think about this, because if there is no solution they will switch to another platform. Currently there are many who offer about it

Offline IvugeoEvolutionCoin

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Re: Ethereum vs of BNB Platform
« Reply #288 on: April 13, 2024, 09:56:44 AM »
Gas fees will always be a problem, and they really affect small investors. As you said, the dev team also has to think about this, because if there is no solution they will switch to another platform. Currently there are many who offer about it
Not only does it have an influence on small investors, but large investors also sometimes still have problems with fairly high transaction costs. At least Ethereum currently has many problems arising and developers must immediately provide solutions to overcome some of the problems that exist in Ethereum.

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Re: Ethereum vs of BNB Platform
« Reply #289 on: April 13, 2024, 01:24:11 PM »

Maybe they will try to find a solution to the gas fees on their network. Because for small investors, they might think twice about investing. Even though they are only small investors, they will also be very influential.

In my opinion, like it or not, they also have to adjust this, because it cannot be denied that cheap gas fees will attract investors who bring small capital. Especially when traffic is heavy, we know what the gas fee is like.
Gas fees will always be a problem, and they really affect small investors. As you said, the dev team also has to think about this, because if there is no solution they will switch to another platform. Currently there are many who offer about it
So the next problem is that others offer advantages in terms of gas fees, and we don't get that on ethereum. Competition will always be there and they have to think about not being left out because they don't provide advantages.

Now they have a very solid community, in fact it has become a big capital for them. Now we just have to think about how they can provide the advantages that have been a problem for small investors.

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Re: Ethereum vs of BNB Platform
« Reply #290 on: April 13, 2024, 04:43:43 PM »

Maybe they will try to find a solution to the gas fees on their network. Because for small investors, they might think twice about investing. Even though they are only small investors, they will also be very influential.

In my opinion, like it or not, they also have to adjust this, because it cannot be denied that cheap gas fees will attract investors who bring small capital. Especially when traffic is heavy, we know what the gas fee is like.
Gas fees will always be a problem, and they really affect small investors. As you said, the dev team also has to think about this, because if there is no solution they will switch to another platform. Currently there are many who offer about it
So the next problem is that others offer advantages in terms of gas fees, and we don't get that on ethereum. Competition will always be there and they have to think about not being left out because they don't provide advantages.

Now they have a very solid community, in fact it has become a big capital for them. Now we just have to think about how they can provide the advantages that have been a problem for small investors.
Maybe high gas fees are not a big problem for big investors, but this is very noticeable for us small investors, and ethereum has not been able to find a good solution to the high gas fee problem. Let's just wait, how long will ethereum survive in this condition. Because we know that BNB offers advantages with lower gas fees, and investors will gradually switch there

Offline TopT3ns

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Re: Ethereum vs of BNB Platform
« Reply #291 on: April 18, 2024, 07:43:17 PM »
Maybe high gas fees are not a big problem for big investors, but this is very noticeable for us small investors, and ethereum has not been able to find a good solution to the high gas fee problem. Let's just wait, how long will ethereum survive in this condition. Because we know that BNB offers advantages with lower gas fees, and investors will gradually switch there
That's right and I agree with what you say, traders who often take advantage of price differences from one exchange to another will also be affected because Ethereum network transaction fees have increased and take quite a long time to send.

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Re: Ethereum vs of BNB Platform
« Reply #291 on: April 18, 2024, 07:43:17 PM »


Offline de_prof

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Re: Ethereum vs of BNB Platform
« Reply #292 on: April 18, 2024, 08:49:31 PM »
Maybe high gas fees are not a big problem for big investors, but this is very noticeable for us small investors, and ethereum has not been able to find a good solution to the high gas fee problem. Let's just wait, how long will ethereum survive in this condition. Because we know that BNB offers advantages with lower gas fees, and investors will gradually switch there
That's right and I agree with what you say, traders who often take advantage of price differences from one exchange to another will also be affected because Ethereum network transaction fees have increased and take quite a long time to send.
High gas fees are an important problem for traders as you mentioned, traders who like to take advantage of price differences from several exchanges. And this will also have a big impact on other investors, whales may not be affected by the gas fee, because their profits are much bigger than the gas fee.
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Offline IvugeoEvolutionCoin

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Re: Ethereum vs of BNB Platform
« Reply #293 on: April 24, 2024, 04:46:58 PM »
High gas fees are an important problem for traders as you mentioned, traders who like to take advantage of price differences from several exchanges. And this will also have a big impact on other investors, whales may not be affected by the gas fee, because their profits are much bigger than the gas fee.
I think whales still pay attention to the transaction costs incurred to send assets, only some whales don't care about it all. Whales who are careful with the steps they take will certainly pay attention to increasing transactions, but there is no other choice for whales because they are used to always getting big profits with one move so whatever the cost they will still do it.

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Re: Ethereum vs of BNB Platform
« Reply #294 on: April 25, 2024, 03:31:39 PM »
High gas fees are an important problem for traders as you mentioned, traders who like to take advantage of price differences from several exchanges. And this will also have a big impact on other investors, whales may not be affected by the gas fee, because their profits are much bigger than the gas fee.
I think whales still pay attention to the transaction costs incurred to send assets, only some whales don't care about it all. Whales who are careful with the steps they take will certainly pay attention to increasing transactions, but there is no other choice for whales because they are used to always getting big profits with one move so whatever the cost they will still do it.
That is the reality that happens, whales don't have large transaction costs because the profits they get are much bigger. Even though not all whales are like that, it's possible that whales only see profit and don't care about the costs. Maybe this is a mistake in the Ethereum team's consideration as to why it doesn't prioritize resolving the high gas fee problem

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Re: Ethereum vs of BNB Platform
« Reply #295 on: April 26, 2024, 11:20:18 PM »
That is the reality that happens, whales don't have large transaction costs because the profits they get are much bigger. Even though not all whales are like that, it's possible that whales only see profit and don't care about the costs. Maybe this is a mistake in the Ethereum team's consideration as to why it doesn't prioritize resolving the high gas fee problem
If we look at Ethereum's gas fees, currently it seems to have become very cheap, when Ethereum transaction fees increase it shows that the Ethereum network is being used a lot to carry out transactions, causing gas fees to increase quite high.

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Re: Ethereum vs of BNB Platform
« Reply #296 on: April 27, 2024, 01:11:15 PM »
That is the reality that happens, whales don't have large transaction costs because the profits they get are much bigger. Even though not all whales are like that, it's possible that whales only see profit and don't care about the costs. Maybe this is a mistake in the Ethereum team's consideration as to why it doesn't prioritize resolving the high gas fee problem
If we look at Ethereum's gas fees, currently it seems to have become very cheap, when Ethereum transaction fees increase it shows that the Ethereum network is being used a lot to carry out transactions, causing gas fees to increase quite high.
Ethereum, in my opinion the fees are expensive. Even if it's cheap when traffic is low, many investors and traders wait for that time to make transactions. DEveryone hopes that Ethereum gas fees will be cheaper, and the team has a solution to this problem. Although whales don't care about gas fees

Offline EthereumDev_

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Re: Ethereum vs of BNB Platform
« Reply #297 on: April 28, 2024, 06:22:48 AM »
Ethereum, in my opinion the fees are expensive. Even if it's cheap when traffic is low, many investors and traders wait for that time to make transactions. DEveryone hopes that Ethereum gas fees will be cheaper, and the team has a solution to this problem. Although whales don't care about gas fees
When you see Ethereum with quite expensive fees then you have to wait until the gas fees go down, transaction fees have now dropped to 6 gwei and this requires around $0.28 which is used for gas fees when you want to make a transaction using the Ethereum network.

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Re: Ethereum vs of BNB Platform
« Reply #298 on: April 28, 2024, 06:15:04 PM »
Etherium coins are in a much better position in cryptocurrency.  And one of the most widely known coins is the Ethereum Coin Ethereum Coin The number of investors is huge.  Therefore, BNB coins have already made great strides and BNB coins have taken a huge place in cryptocurrency.

Ethereum platform and BNB platform are the most popular as trusted coins here. If I compare between these two platforms then definitely Ethereum platform is the most popular and old trusted coin. Looking at the coin list, Ethereum is the second coin, and it is also the highest in terms of benefit. The value of this coin will be highest in the future as we are constantly getting updated information about this coin. So I prefer Ethereum coin between these two coins.

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Re: Ethereum vs of BNB Platform
« Reply #299 on: April 28, 2024, 08:11:34 PM »
Ethereum, in my opinion the fees are expensive. Even if it's cheap when traffic is low, many investors and traders wait for that time to make transactions. DEveryone hopes that Ethereum gas fees will be cheaper, and the team has a solution to this problem. Although whales don't care about gas fees
When you see Ethereum with quite expensive fees then you have to wait until the gas fees go down, transaction fees have now dropped to 6 gwei and this requires around $0.28 which is used for gas fees when you want to make a transaction using the Ethereum network.

But when you do swaps or bridging then it will require more than that but at least it is not expensive because the gwei has now come down.
I once did a transaction on Ethereum when the gwei was high and spent over $60 to bridge.

But lately the transactions are getting cheaper is it possible because of the effect of the price drop?

 

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