Post
Topic
Board Altcoin Discussion
Re: Is Polygon network going to be an alternative to BSC network?
by
Abiky
on 20/01/2023, 10:57:42 UTC
Polygon looks more decentralized than Binance Smart Chain. Polygon cannot compete with Ethereum because it is part of its ecosystem. The more success Polygon has, the more success Ethereum has. Binance Smart Chain is a fully centralized blockchain with 21 centralized validators.

Even though Binance Smart Chain is centralized, it's still a better option than Solana. The latter is not only more centralized than both Polygon and BSC, but also flawed by design. Considering that BNB (the native token of BSC) has the backing of the world's biggest crypto exchange (Binance), you can rest assured it won't be going away anytime soon. It will keep growing until it becomes a "force to reckon with".

But if I had to choose between BSC and Polygon, I'd choose the latter due to its decentralized design. It's just as good as Ethereum with a few improvements for scalability. Fees are cheap, while transactions are blazing-fast. The recent hard fork will make Polygon even better in the long run. Who knows if both MATIC and BNB lasts for generations? Just my opinion Smiley