The Binance smart chain has proved its efficiency as it took a lot of projects off the ETH blockchain and onto the Binance smart chain. This change wasn't sudden, as over the period of ETH's conception, the blockchain has reached its limits.
This isn't bad, as it paved the road for many projects (like Hashbon Rocket, Chainflip, Anyswap, etc.) that help people transfer their assets to the BSC. I've tried Hashbon, works smooth.
Over the past year, the ethereum blockchain has faced a ton of traffic, leading the popular blockchain to reach its maximum capacity. This caused that gas (transaction fees) reached an all-time unrealistic high, rendering most people's ERC-20 tokens unusable. And the Binance smart chain doesn’t only have a much higher capacity when dealing with large numbers of transactions but also faces a much higher number of daily transactions. This becomes evident when we take a look at the daily transactions on the ETH blockchain vs. the Binance smart chain.
Have you guys made the exchange or not yet? I personally (as a small capital crypto holder/user) had to change my portfolio over to the Binance smart chain.
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