Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Topic started by: TomPluz on February 15, 2022, 06:52:25 AM
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I am sure that the rise of Binance has been on focus all because the Ethereum network failed a lot especially on its incredibly HIGH gas fees that all transactions are charged on. Of course, there are also other advantages but the gas fee has been the major impetus why many shifted to BSC. Now, what if soon Ethereum can get back to normal back to the days when transaction will not be costing more than $.50...do you think there can be a shift back to Ethereum coming from those already in BSC?
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The advantage of having BNB is that it is very flexible to be able to make profits on the Binance.com market because there are so many events on Binance.
Suppose we have 100 BNB, then it's easy to just hold it on the Binance Launchpad and later it will produce a very unique and extraordinary profit.
We can get free tokens from Launchpad and that's really really great , you can try it !
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If Ethereum releases an upgrade, I think users will return to Ethereum, especially from the BSC ecosystem. I am really worried about TVL on BSC and the capitalization of all BEP20 tokens.
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BSC has super good power and has tremendous and unavoidable advantages because this BSC can easily dominate the market so perfectly, it almost overtakes Ethereum.
If it doesn't overtake Ethereum, but the ecosystem of BSC is amazing, and over time this BSC can continue to stick to Ethereum with so many renewable systems such as DAO, dApps, NFT, Metaverse, DEX etc.
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If Ethereum releases an upgrade, I think users will return to Ethereum, especially from the BSC ecosystem. I am really worried about TVL on BSC and the capitalization of all BEP20 tokens.
Ethereum has launched Ethereum 2.0, so I think Ethereum has updated their project.
But Ethereum gas fee is still high.
Binance smart chain is cheaper transaction fee and faster speed transaction.
It's the advantages of binance smart chain, better than Ethereum.
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If Ethereum is not able to lower its GAS costs then it is certain that Ethereum will be abandoned by its community and it is really very sad because Ethereum is not able to adapt to the technological advances of cryptocurrencies.
Binance Smart Chain is able to provide the best so far because there are so many platforms that have launched on the BSC and even now many ICOs and IDOs choose Binance Smart Chain as their main coin pedestal because of its cheap and efficient delivery costs.
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There are so many advantages provided by BSC so that this BSC provides simple convenience and is very attractive to young people.
I see that this BSC will be a coin that will continue to accompany Bitcoin and Ethereum in the cryptocurrency dir for a long time.
I've had Binance Smart Chain since the migration or had my first blockchain and it's very easy to operate.