Quote from: Shallow on September 25, 2021, 11:24:55 PM

Quote from: errorcode99 on September 16, 2021, 06:34:50 PM

How is Polygons potential in the future, can it rival with BSC?

If we can remember the potential of BSC network on the onset or the attention it gathered on the onset, then we can understand that same case scenario is likely to play out with Polygon. Let's go this way, BSC was the centre of attention because of low gas fee, in fact a lot of people said many things about ETH due to high gas fee, but gradually the BSC network gas fee is increasing and no one is saying anything again.
A lot of blockchain networks are now being developed of which many of them leverages the feature of low fee to stand and one of them is Polygon. Now the reason I believe Polygon will rival BSC is because, Polygon gas fee is very cheap and the transaction very fast, thus the Polygon network will bank on this for the time being to develop and grow, in addition the team are very serious with what they are working on hence keeping Polygon on a better chance of lasting and/or beating BSC.
Moreover today, many projects are already on the Polygon network while some are migrating from ETH and/or BSC to Polygon.

Nowadays BSC network transaction fees are also increasing because a lot of people using this blockchain. It's increasing because of Decentralized Exchange uses. The fees are increasing but still, it's low if you compare it with the Ethereum blockchain. However, Matic is a good solution right now. High transaction speed and low fees make it very popular. They have very strong community support and so far doing very well. A lot of projects migrating their project into a polygon. However, Still, I believe Eteherum is the queen in the crypto industry. After Bitcoin, Ethereum is the most used, safe, and secure blockchain. The fees are high, So people showing their interest for the other blockchain. But when the fees will be reduce everything will be fine