It will take a substantial shift in the blockchain community for DeFi to gain widespread acceptance. In an attempt to improve the scalability of blockchain networks
DeFi’s journey towards mainstream adoption will require a significant shift in the blockchain community. In a bid to enhance the scalability of blockchain networks, yielding high returns and transaction processing speed, coins like Solana and BNB were introduced.
However, after reaching a certain scale, Solana and BNB’s revolutionizing pace has slowed down a little.
And like any other market, in the crypto market also, new players emerged to fill the gap. Bitgert (BRISE) is said to be one such coin that might be set for high yield in 2024. But can Bitgert outpace BNB and Solana? Let’s analyze.
Solana
Solana is an open-source project that utilizes a fast, permissionless L1 blockchain. The Solana protocol is built on the proof-of-history (PoH) protocol. PoH is a variant of PoS and is achieved by using the Tower Byzantine fault tolerance (BFT) algorithm, an advanced version of the practical Byzantine fault tolerance (pBFT) protocol.
Solana is also the center for NFT marketplaces and mints. But Solana’s reputation is not so good because of its large memecoin market share and frequent outages. Solana’s ability to generate hundreds of millions has increased its value and market capitalization by billions.
BNB Coin
The decentralized, open-sourced BNB (Binance) Chain ecosystem is driven by the community. BNB is the world’s largest crypto exchange in terms of trading volume. The BNB Smart Chain can act as a hub for multiple chains, in addition to carrying out consensus procedures and utilizing EVMs.
BNB coin, which is housed on the BNB Chain, powers Binance’s decentralized and centralized product ecosystem. The BNB Smart Chain is closely linked to Binance’s decentralized and centralized products. While other crypto coins aim to be open, BNB is more closed.
Bitgert
In contrast to Solana and BNB, Bitgert was introduced to the market to provide scalability and enhance the blockchain ecosystem. Bitgert is being hailed as the next crypto buzzword.
Bitgert combines the PoA consensus to achieve computational simplicity, scalability, and lightning-fast performance. With a transaction rate of 100k TPS, Bitgert is significantly faster than Solana and BNB.
Additionally, Bitgert’s minimal gas price, which is close to zero, draws users to the Bitgert network.
Bitgert (BRISE) is built on a strong and well-researched BRC-20 token standard. The BRC-20 standard provides greater protocol creation diversity and flexibility. Bitgert is only compatible with Ethereum, Brise Chain, and BSC.
Bitgert controls its prices using a deflationary mechanism, with manual burning and buybacks, and is decentralized.
Conclusion
Thus, analyzing the market trajectory of Solana and BNB coins, crypto traders are now seeking even better solutions as Solana and BNB have reached a breaking point. At this point, as more and more projects are added to it, Bitgert will undoubtedly rise to even greater heights.
So, being a witty investor, you can also invest in Bitgert keeping aside Solana and BNB, and take advantage of its bullish run!
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects.
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