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Ethereum Compatible Blockchain Built By Bitgert Has Become A Challenge For Polygon, Avalanche & Cardano

Ethereum Compatible Blockchain Built By Bitgert Has Become A Challenge For Polygon, Avalanche & Cardano

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Ethereum Compatible Blockchain Built By Bitgert Has Become A Challenge For Polygon, Avalanche & Cardano

by admin
February 26, 2022
in Ethereum
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Ethereum Compatible Blockchain Built By Bitgert Has Become A Challenge For Polygon, Avalanche & Cardano



by Analytics Insight

February 26, 2022

In addition to the gasless chain, the Bitgert blockchain is also the fastest in the cryptocurrency industry.

The Bitgert project has launched one of the most powerful blockchains in the history of the cryptocurrency industry. The BRISE BRC20 blockchain is one of the few blockchains that managed to solve some major blockchain problems: the costly gas fee and scalability. Here is more about this Ethereum compatible Bitgert gasless blockchain and how it is challenging major cryptocurrencies;

 

Bitgert

The key feature of the Bitgert BRC20 blockchain is the zero gas fee. The rising gas cost has been a major problem for all cryptocurrencies. For example, the Ethereum gas fee is going up to $50. Bitgert developers have solved the problems by building a chain that gas cost is 0.000021 BRISE or $0.0000000000001 only. It is a near-zero figure, which has excited the crypto community

In addition to the gasless chain, the Bitgert blockchain is also the fastest in the cryptocurrency industry. This is after Bitgert overtook Solana’s 65k TPS to reach the 100k TPS. The other exciting feature about the Bitgert chain is the fast-growing number of products. These features have made Bitgert blockchain a major competitor of Ethereum, Polygon, Avalanche, and Cardano.

 

Centcex

Though Bitgert is a tough competitor, there is something about Centcex that makes it unique and attractive to the crypto community. One of them is the project design, where the Centcex team is just building and launching an unlimited number of crypto applications. The Centcex team is building staking programs, crypto exchanges, dApps, and all kinds of blockchain applications. The Centcex investors will enjoy a handsome staking reward, which is 100% APY of the revenue generated by these products. Though Bitgert is giving it a tough competition, Centcex is still one of the projects to watch.

 

Ethereum

The biggest reason why Bitgert blockchain is now one of the toughest Ethereum competitors is the cost of gas and a faster chain. Ethereum tops the lost costly gas fees right now in the market. The Ethereum gas can go up to $50, making it very costly for developers. The Bitgert has not only reduced the cost of gas to zero but is also EVM compatible. This makes it possible for the developers on the Ethereum chain to migrate to Bitgert. The Ethereum team will need to overtake Bitgert’s faster speed and cheaper gas to beat the competition.

 

Avalanche

The fast-growing demand for the avalanche network has been driven by the faster speed and the cheaper gas the platform offers. The Avalanche network is also compatible with the Ethereum smart contracts. These are the major reasons why AVAX coin has been performing very well. But the Bitgert has proven superior with a faster speed and lower gas fee than Avalanche. The fact that the Bitgert chain is Ethereum compatible is also making it a tough Avalanche competitor.

 

Cardano

The Cardano project is already feeling the tough competition that Bitgert has brought into the industry. The Cardano chain is still struggling with scalability and the increasing gas fee. These are problems that Bitgert blockchain has solved. Unlike the Cardano network, the chain offers cheaper gas fees and faster transactions of 100,000 TPS. Bitgert is also developing fast than Cardano, and this might see a higher adoption rate. Therefore, Cardano has tough competition in the Bitgert blockchain. The team will also need to increase the chain speed and lower the gas fee to beat this competition.

 

Polygon

The Polygon coin’s performance in the market has been impressive. This is one of the coins making huge gains in the crypto market right now with the current bullish market. But Polygon will have to beat Bitgert’s competition. Bitgert is promising to offer more than the Polygon network, and that’s it is one of the biggest competitors. With a faster chain and lower gas fee as well as EVM compatibility, Bitgert has made Polygon appear inferior to developers.

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