one of the strongest weapon of bsc chain over eth chain is the low transaction fee which has been doing well for some time. recently i noticed swapping on bsc dex now cost more than usual. i thought maybe its because of the congestion but then i tried like two to three times and its same. then i noticed the problem of high fee on eth chain is begining to appear on bsc chain. i feel this is too early despite the many hype that bsc chain carries with its enormous growth in a short time. does this mean the high transaction fee solution still lies on eth chain maybe when its 2.0 is launched. ? lets me hear from your views about this.
I was surprised to see that ETH gas fees were slashed by a huge discount yesterday. That was more than 50% drop in gas prices and that's a good thing. Smart chain selling point has always been the cheap tx fees that users pay to participate in this defi protocols. I've used BSC between yesterday and today and the gas fees are only "slightly" higher than what it was in the early stages. Since ETH gas fees can still drop to considerable levels without ETH 2.0, there's no telling how cheap the fees would be when it finally gets actively used. Smart chain helped with defi and NFTs by providing fast and cheap tx. I just wonder if the network would still be relevant when eth 2.0 fixes that.