Bitgert (BRISE) vs Ethereum (ETH) - Which L1 Blockchain Will Dominate the Future?
As the correction phase in the crypto market came to an end, the global crypto market started gaining momentum again and is ready for another bull
The crypto market is showing signs of another bull run, with the global market cap rising once again and reaching new highs. As the correction phase comes to an end, investors are now pivoting their attention towards rapidly emerging layer-1 blockchain projects.
Among the top cryptocurrencies, ETH Coin has consistently maintained its position as the second-largest digital asset in the world. Thanks to its smart contract capability, ETH Coin can host countless tokens and is the go-to choice for many decentralized applications (dApps), NFTs, and DeFi protocols. However, as the price of ETH Coin continues to rise, many investors are now looking for a layer-1 blockchain project that is faster, less expensive, and more scalable.
One younger layer-1 blockchain project that has been gaining a lot of popularity recently is Bitgert. Given the high gas fee concerns and scaling challenges that continue to plague ETH Coin, Bitgert is emerging as a potential competitor with faster transaction speeds and a lower-cost solution. In this article, we’ll be taking a closer look at how Bitgert is setting itself up to rival ETH Coin and become a game-changing L1 contender.
Strengths and Limitations of ETH Coin
As the first blockchain-based smart contract platform, Ethereum brought about a groundbreaking innovation in the crypto space. With the introduction of ETH Coin, the idea of self-executing contracts came to life, eliminating intermediaries, reducing costs, and increasing reliability. Moreover, ETH Coin is the preferred platform for issuing ERC-20 tokens, which are now commonly used by some of the major cryptocurrencies.
Despite being an early mover, a long-standing issue that hinders the scalability of ETH Coin is its PoW (Proof of Work) mechanism. As a result of this, ETH Coin experiences high gas fees and limited capacity, handling only 15-30 transactions per second (TPS). However, Ethereum 2.0 aims to resolve these problems by utilizing the Proof of Stake (PoS) consensus mechanism.
Bitgert Vs ETH Coin
Among the top contenders that are aiming to rival ETH Coin, Bitgert is said to be one of the biggest and has been making headlines as an L1 blockchain. The goal of Bitgert is to provide a platform that is both more efficient and cost-effective for both developers and users. With gas fees of practically $0 and speeds of 100,000 TPS, Bitgert is designed to be a highly scalable blockchain. Additionally, Bitgert offers smart contract deployment, making it a desirable choice for decentralized applications (dApps), NFTs, and DeFi projects.
In contrast to ETH Coin, the blockchain of Bitgert was built from the ground up with an emphasis on scalability and sustainability. The PoA (Proof of Authority) consensus of Bitgert, which serves as a competitor to the ETH Coin PoW consensus mechanism, achieves an optimal balance between speed and security, ultimately making it stronger.
Final Thoughts
While ETH Coin is undoubtedly a giant in the blockchain space, for developers and investors who are looking ahead and considering the future of blockchain technology, Bitgert is the name to watch. Bitgert has positioned itself as a next-generation competitor, delivering the swiftness, affordability, and scalability that ETH Coin is yet to achieve.
As the price of ETH Coin continues to rise, Bitgert might soon become a strong challenger in the L1 blockchain powerhouse.
Get your own $BRISE token at Gate.io, KuCoin, MEXC, and Pancakeswap!
Step 1: Register on the exchange
Step 2: Choose your payment method
Step 3: Buy $BRISE
For more info, visit bitgert.com
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