Quote from: Farma on Today at 02:21:46 AM

Quote from: Mehedi72 on June 30, 2023, 10:00:29 PM

Quote from: btctalk-memeboss on June 09, 2023, 06:08:58 PM

So which one, is better in your overall opinion to work with and why
Erc has higher fees and its slower but still remains the favorite

Firstly, i always focus on good and potential token. If it is available on erc20 network only, then I'll obviously go for it. No matter what is the gas fee is. I always give priority to potential token. But if i have option, then i use the network of that token, where it need low fee to transaction. And secondly, eth is most popular and old blockchain within any dount and problems. Thats why People use it even by giving more fee. Cause they know, using eth will always give them benefits

IMO, ERC20 has more quality coins, community and users than BEP20. However, due to its very high fee, BEP20 has other advantages that make it almost the same or the same as the current ERC20. If the ERC20 fees were lower, I'm pretty sure people would choose to go with ERC20 and BEP20 wouldn't have the chance it has now to be in the same position, it's just, that's not the reality.
In addition, to determine whether it is good or not, we need to refer to the tokens that we use or invest. currently quite a lot of tokens use these 2 chains as their basis.

I find your opinion heavily reliant on the community support and token usage, which might be myopic. Its like judging an artist solely by their followers, rather than their talent. The high transaction fees on ERC20, although discouraging, are a direct consequence of Ethereum's popularity and network congestion, which ironically underlines its success.

BEP20, while indeed enjoying a surge in adoption due to lower fees, still has a long way to go in proving itself as resilient and secure as ERC20. If cost were the sole determinant, then why isn't every user flocking to Binance Smart Chain? It's because they understand the trade-off between cost and security.

Furthermore, determining the quality of a blockchain protocol by the tokens issued on it is like judging a parent by their child's actions. Each token should be evaluated on its individual merit. The protocol is simply the canvas; the art is in the tokenomics and utility.