Ethereum has a New Competitor, Bitgert- Has Faster and Cheaper Transactions

Home AI Ethereum has a New Competitor, Bitgert- Has Faster and Cheaper Transactions

Crypto

Bitgert is posting faster and cheaper transactions than Ethereum.

Key Points:
  • Ethereum is still struggling with scaling and high gas fee issues
  • Bitgert BRC20 blockchain throughput hits 100k TPS
  • Bitgert blockchain has the lowest gas fee

Despite being the second-largest blockchain, Ethereum has been struggling with the scaling and high gas fee issue. Ethereum chain mostly supports 12-25 TPS, and this is within six minutes of confirmation time. This makes Ethereum one of the slowest blockchains in the industry today.

But the biggest problem with the Ethereum chain is the high gas fee. Recently, the Ethereum gas fee rise shocked the market when it skyrocketed to $3,300 during the Bored Ape NFT sale. Although the gas fee on the Ethereum chain has recently dropped significantly, it is still considered high.

According to crypto experts, the Ethereum gas fee has been rising because of the growing demand for the chain. Whenever there is traffic on the Ethereum network, the gas automatically rises. However, the Ethereum team is upgrading the chain, which will make transacting on the Ethereum chain faster and cheaper.

But Ethereum is facing stiff competition from blockchains that have already achieved impressive scaling and have a lower gas fee. Bitgert (BRISE) is one of the biggest Ethereum competitors. Bitgert is posting faster and cheaper transactions than Ethereum.

The Bitgert team has built a powerful blockchain, Bitgert BRC20 blockchain, which supports 100k transactions per second. This makes Bitgert chain faster than Ethereum’s 12-25 TPS. The Bitgert blockchain’s 100k TPS makes it the fastest blockchain in the crypto industry today. In fact, Bitgert is faster than Solana’s 65k TPS.

But what makes Bitgert popular with the crypto community is the $0.0000000000001 gas fee for every transaction. The Bitgert gas fee is thousands of times cheaper than the Ethereum gas fee. Such a low gas fee is the reason the Bitgert blockchain has become very popular, and the adoption of Bitgert blockchain has grown tremendously.

It is important to mention that the Bitgert BRC20 blockchain is compatible with the Ethereum chain. Therefore, Ethereum users and developers can easily migrate to Bitgert. The Ethereum team will need to work on lowering the gas fee and increasing chain speed to compete with Bitgert. That’s if Bitgert will maintain the 100k TPS and the current gas fee.

The bottom line is that Bitgert is the most powerful blockchain today. The fastest chain and the lowest gas fee are major features making the Bitgert chain superior to all blockchains in the market, including Ethereum. That’s why Bitgert BRC20 is the most adopted blockchain today.

The post Ethereum has a New Competitor, Bitgert- Has Faster and Cheaper Transactions appeared first on .

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