Post
Topic
Board Altcoin Discussion
Re: ETH and BSC
by
SarangWallet
on 24/10/2021, 11:30:36 UTC
One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
I think, Ethereum has always been the most popular blockchain, Binance Smart Chain has captured a large number of markets nowadays due to its high gas costs. Many bounty projects on the Ethereum platform are unable to pay their tokens due to high gas fees. As a result, many projects are now being forced into the Binance Smart Chain. If Ethereum's gas costs are not reduced, the BSC growth trend will continue which might outperform Ethereum at some point. On the other hand, if Ethereum gas costs go down, I think they will return to the market in the future.