These Bitgert Facts Are Even Making Ethereum 2.0 Less Competitive In 2022

By July 30, 2022Ethereum
Click here to view original web page at www.analyticsinsight.net
Ethereum

Key Insights:

  • The Bitgert team has built one of the most effective blockchains than Ethereum 2.0
  • Bitgert zero gas fee chain is a big threat to the Ethereum chain in the coming months
  • Bitgert chain utility is bigger than Ethereum 2.0

The Bitgert (BRISE) project will be growing popular in the crypto industry in 2022. This is because of the disruptive developments that Bitgert has delivered this year and the upcoming developments. In fact, crypto experts believe that Bitgert will be the next big thing in the crypto market.

Bitgert team is developing a project that is working on overtaking even the largest cryptocurrencies in the market. This explains why even the likes of Ethereum are concerned about Bitgert. The blockchain that the Bitgert team is building is already threatening the dominance of Ethereum and other large cryptocurrencies.

Here are some of the major facts about Bitgert that are making even Ethereum 2.0 appear less competitive:

Zero Gas Fee BRC20 Blockchain

One of the biggest problems that Ethereum is struggling with is the gas fee. The Ethereum chain has had the highest gas fee, which at one time this year reached $3,300. The main reason why Ethereum is building Ethereum 2.0 is to help address the issue of the gas fee. Though the Ethereum gas fee has remained below $50 for months, it is still high compared to the Bitgert $0.00000001 gas fee.

This is the lowest gas fee in the industry today, and even with Ethereum 2.0 coming, it might not reach this gas fee. That’s why Ethereum is among the cryptocurrencies that are concerned about the Bitgert zero gas fee.

Bitgert Blockchain 100k TPS

The other thing that makes Bitgert stand out is the scaling. The Bitgert team has delivered a blockchain that is the fastest in the market, faster than Ethereum. The Bitgert chain is supporting 100,000 transactions per second. This makes it the fastest blockchain right now. Though the Ethereum team has said that Ethereum 2.0 will hit 100k TPS, it remains to be seen.

Bitgert Chain Utility

Bitgert chain is developing a bigger utility than Ethereum. This is looking at the Bitgert chain uses, including bridges. The Bitgert main bridge and Bitgert USDT/USDC bridge have been significant. Ethereum 2.0 needs to build this utility.

In addition to the powerful blockchain, Bitgert recently partnered with Centcex. The Centcex partnership is aimed at development only. The Centcex team is already developing projects and products for the Bitgert chain. So Ethereum 2.0 will still have a problem catching up with the Bitgert growth.

All Today's Crypto News In One Place