Post
Topic
Board Altcoin Discussion
Re: ETH and BSC
by
nemey
on 22/09/2021, 14:26:16 UTC
BSC and Ethereum both use a gas model for transaction fees that measures the complexity of a transaction. BSC users set gas prices according to network demand and miners will prioritize transactions with higher gas prices. However, the London Ethereum hard fork brings some new modifications that will likely remove the need for high fees, and I think BSC should be concerned about this as everyone will flock back to ETH.