Post
Topic
Board Altcoin Discussion
Re: Is Polygon network going to be an alternative to BSC network?
by
gwdf1
on 22/09/2021, 03:35:17 UTC
The demand for BSC network has increased due to increase in gas fee of Ethereum network. Most of the Altcoin projects are now using the BSC network. Even some Ethereum network's Altcoin project is switching to BSC / Polygon network.
But now it is seen that some Altcoin project is being launched in Polygon network. We know that gas fee of BSC network is very low and transaction speed is high. So for which benefit, all these projects are being launched on Polygon network instead of BSC?

Actually I have met a lot of projects that launched both on Polygon and Binance Smart Chain, this way they get more users. By the way, if we compare Polygon and BSC, fees on Polygon are less than one cent, as opposed to BSC where one transaction can cost around $1. Polygon is a layer 2 solution for Ethereum and BSC is an independent blockchain, so maybe projects see this fact as an advantage, and choose Polygon then.