Quote from: tbct_mt2 on Today at 02:29:44 AM

Quote from: Yogee on May 11, 2021, 04:41:55 PM

Does people actually know that transaction fees over the Bitcoin network has been cheaper than their favorite alts recently? Okay every Ethereum user is probably aware of this but how about those Doge fanatics? It takes 1-2 Doge to send a transaction which is more or less $0.50 to $1 based on current price. Even the BSC network has been congested lately and standard gas price went up to 9 Gwei from the previous 5 but I read that some people had to add more spending over $1 for their transactions not to be rejected.

Earlier today, I was able to send BTC at 3 sats/vbyte but I know the fee went even lower than that. That's less than $0.50. It's already back up to $4 but my point is that some people are probably still stuck to the notion that BTC transfers are always expensive. They don't realize they are spending more on their altcoins.

Big networks, no matter whichever network, will have congested times and people have to be knowledgeable and wisely when they choose the means to transact their money.

Bitcoin with its biggest hashrates is the safest network to move, if you move big funds.
Ethereum is option for people who want to trade with ERC-20 tokens.
BSC is option for people who want to trade ERC-20 tokens or some projects that have built on both ERC-20 and TRC-20.

It is a historic story: When Bitcoin network congested in 2017, Ethereum enthusiasts shill it as Ethereum network will never be congested. Look, ETH network was seriously congested, for more than 4 weeks or longer. Binance Smart Chain was shilled by CZ in the same way but look, their network began to have problems.

Actually, ETH also experienced congestion last 2017. The adoption wasn't expected to come this massive that ETH now is scrambling to develop ways to scale but it's yet not working after months. They did announce it will somehow improve after an update with Berlin but it's really not.

We might really be seeing a promising project like ADA which they claimed to be perfect when scaling since it's going to be a lot faster when more are joining the network.