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The BSC network is in great extension both in popularity and accessibility on virtually all wallets. Also, compared to Bitkon transaction costs and Ethereum, it made it much easier for the user to send more for the same money.
Quote from: Doovla on April 08, 2024, 11:23:34 PMThe BSC network is in great extension both in popularity and accessibility on virtually all wallets. Also, compared to Bitkon transaction costs and Ethereum, it made it much easier for the user to send more for the same money.That's right, the BSC network has been integrated with many platforms, making the BSC network even bigger. Apart from very cheap transaction fees, BSC also has highly proven network security. For now, BSC cannot sit quietly because there are already new competitors being developed.
The existence of competitors will make their team think about always developing their project. Because currently there are many new platforms that offer low gas fees and high transaction speeds. Binance smart chain remains the alternative smart contract platform after ethereum, even though Solana is trying to catch up
Quote from: legend45 on April 12, 2024, 06:24:48 PMThe existence of competitors will make their team think about always developing their project. Because currently there are many new platforms that offer low gas fees and high transaction speeds. Binance smart chain remains the alternative smart contract platform after ethereum, even though Solana is trying to catch upThat's right, in this way the project will continue to develop. The Binance smart chain also can't just sit there because currently there is a new project called Solana which is having very rapid development. The project they are developing is superior to BSC so it must be stay alert and never just stay in your comfort zone.
If you stop in your comfort zone, competitors will surpass it. Because every day there will be more and more new technology that is better than the old one. Ethereum and BNB should continue to improvise their projects by covering the shortcomings with improvements. because we know that Solana offers advantages, although of course there are disadvantages, so it shuts down for a few days when traffic is high
Quote from: legend45 on April 13, 2024, 05:32:25 PMIf you stop in your comfort zone, competitors will surpass it. Because every day there will be more and more new technology that is better than the old one. Ethereum and BNB should continue to improvise their projects by covering the shortcomings with improvements. because we know that Solana offers advantages, although of course there are disadvantages, so it shuts down for a few days when traffic is highSolana is indeed trying to create cryptocurrency technology that has cheaper costs many times cheaper than the BSC network. Transaction speed is also highly considered for the Solana network. Solana will continue to develop and strive to provide the best service for its supporters. If a server outage occurs like a few days ago then that is normal and I really hope that such a case does not happen again in the future because it will definitely trigger panic in the market.
Solana had a shutdown due to high traffic, but it looks like the Solana team will soon fix their problem. but economically, Solana gas fees are much cheaper than ethereum and the speed is always improvised by the team. it is likely that BSC, Solana and ethereum will compete fiercely in the future.
Quote from: rizqillah on April 16, 2024, 05:16:54 PMSolana had a shutdown due to high traffic, but it looks like the Solana team will soon fix their problem. but economically, Solana gas fees are much cheaper than ethereum and the speed is always improvised by the team. it is likely that BSC, Solana and ethereum will compete fiercely in the future.That's right, Solana has improved their network conditions so that they can stay online without stopping, because when there are problems on the Solana network it will certainly cause very serious problems because transactions on the Solana network are very congested, with fairly cheap fees and being able to accept higher transactions into the Solana network it was busy some time ago.
Yes, everyone thinks Solana is an alternative network that can disrupt Ethereum because the Ethereum network has very expensive gas fees and Solana offers advantages with lower gas fees and faster speed. So there was a density of transactions which caused Solana to shut down. The Solana team has tried to fix it, this is a good thing, because apart from BSC we can also switch to Solana because the Ethereum team doesn't seem to try to fix the problem and there is no solution to the gas fee problem
Quote from: doc on April 18, 2024, 09:31:00 PMYes, everyone thinks Solana is an alternative network that can disrupt Ethereum because the Ethereum network has very expensive gas fees and Solana offers advantages with lower gas fees and faster speed. So there was a density of transactions which caused Solana to shut down. The Solana team has tried to fix it, this is a good thing, because apart from BSC we can also switch to Solana because the Ethereum team doesn't seem to try to fix the problem and there is no solution to the gas fee problemCurrently, Binance Smart Chain is still competing with Solana, which has a very large number of users. Even though Ethereum has quite high transaction fees, you can still see that there are still many projects that choose to use smart contracts on the Ethereum network.
Ethereum is known to be safe as a network and is more popular than BSC and Solana. Despite expensive gas fees, ethereum is still used in many projects. The question is, will it still be used in the future? because Solana offers something better, namely lower gas fees and higher speed
Quote from: DAMKAR on April 20, 2024, 08:24:19 AMEthereum is known to be safe as a network and is more popular than BSC and Solana. Despite expensive gas fees, ethereum is still used in many projects. The question is, will it still be used in the future? because Solana offers something better, namely lower gas fees and higher speedAs for security so far, Ethereum does seem safe, but when you look at the current conditions, interest in Ethereum is starting to decrease, BSC and Solana still cannot be guaranteed to have a secure network, even though they are currently popular and have many users. That's right, with the advantages these two networks have, more and more people will use this network.
The security of the ethereum network is guaranteed, because this is the oldest network. BSC and Solana have shown their advantages with cheaper gas fees and better speeds. We are talking about future opportunities, Solana and Binance smart chain will probably become more popular than ethereum, because currently many have moved to BSC and Solana.
Quote from: DAMKAR on April 21, 2024, 11:09:26 AMThe security of the ethereum network is guaranteed, because this is the oldest network. BSC and Solana have shown their advantages with cheaper gas fees and better speeds. We are talking about future opportunities, Solana and Binance smart chain will probably become more popular than ethereum, because currently many have moved to BSC and Solana.That's right, Ethereum is one of the altcoins that has a smart chain network that is quite old and many platforms that use the Ethereum, BSC and Solana networks have networks with very low costs for creating new smart contracts. But many irresponsible people take advantage of it by creating tokens or projects that end up being scams.