RE: One BSC Address, Many #defi Sites

avatar

You are viewing a single comment's thread:

It's great that these websites look the same and the majority of their features are common. Makes it simple for us to do more by doing less.

Posted Using LeoFinance Beta



0
0
0.000
7 comments
avatar

They look the same because they use the same template - PancakeSwap :)

Yes, it makes it easier. Yet, the BSC blockchain is under a heavy load in the last weeks. A lot of transactions going on with many of them failing. We'll see if Binance will be able to scale it up to accommodate the load.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yeah, all of them are forks of PancakeSwap.

Many people have faced slow transactions time lately. I have heard that some of their nodes have been jailed (halted) because of technical issues. Let's hope they resolve it soon.

Posted Using LeoFinance Beta

0
0
0.000
avatar

About slow transactions ...

Three nights ago the chain was literally halted. I tried several transactions and nothing happened. Went to bed to find out in the morning that transactions came through hours later.

The next night transactions were coming through reasonably quick. Yet, the #defi frontends didn't reflect them. I tried several top-ups again and again only to realize later that the interface was behind and showed wrong numbers.

If the trend continues and these sites multiply and generate more load on the chain ... I don't know. Scaling up the blockchain is becoming an issue. In this case BSC.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Thanks for the information Ervin. I did a small transaction and it took a good 20 minutes to process. I didn't know it was that bad.

Do you think Hive equivalent (HSC) to BSC can solve scaling problems?

Posted Using LeoFinance Beta

0
0
0.000
avatar

HSC? It depends on the load :)

In theory, it can. If an easy procedure is in place to create the node and to scale the node.

So, it's not enough to put up the network and be happy with it. You should design and test and document it and keep it affordable for the 10-fold and 100-fold traffic and data load.

If you don't do that then everything is just on the academic level and can't survive the real-life conditions across time.

Posted Using LeoFinance Beta

0
0
0.000