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Cryptocurrency News Articles
Bitgert (BRISE) Could Knock Ethereum (ETH) Off Its DeFi Throne, Here's Why
Oct 05, 2024 at 08:46 pm
You should probably turn your attention to another coin though, an underdog that holds the ability to reach Ethereum Coin's level pretty soon and yet not many know about yet.
Attention cryptocurrency traders!
If you're looking for an underdog coin that could potentially reach the heights of Ethereum Coin in the near future, then you need to check out Bitgert ($BRISE).
Bitgert is a recently launched L1 that has already managed to cement its place in the DeFi space. Now, even your grandmother knows that Ethereum Coin is the undisputed heart of DeFi - or at least it has been up until now. But Bitgert might just snatch that title away from Ethereum Coin within the next year or so!
We're all aware of Ethereum Coin's struggles with scalability, and the more projects pile onto it, the slower it gets. Usually, Ethereum Coin manages to maintain a TPS (transaction per second) of 15. At the same time, Ethereum Coin gas can be quite hefty, especially during periods of high demand. This is where Bitgert manages to pull far ahead of Ethereum Coin; Bitgert is highly scalable and can process up to 100k transactions per second, all at a very low gas fee of $0.0000001 per transaction. Go, Bitgert!
But what is it that enables Bitgert's incredible scalability? Well, unlike Ethereum Coin's Proof of Stake (PoS) consensus mechanism, the Bitgert Brise Chain operates using a Proof of Authority (PoA) consensus mechanism, which ensures better security, quicker transaction validation, and very low computational requirements. There is a preapproved set of validators, which means Bitgert can reduce the time it takes for transactions to process, increasing scalability!
Bitgert is also well on its way to creating a complete DeFi ecosystem with diverse projects: a CEX, a DEX, a real estate marketplace, an RWA platform, an AI auditing platform, and Startup Studio are already up and running.
In September, Bitgert also hosted a memecoin hackathon for its community with grand rewards for successful developers, showing great care for its community and a forward-thinking approach when it comes to expanding the platform.
Before the next bull run, Bitgert might just enter a rally like no other, walking hand-in-hand with Ethereum Coin with its strong fundamentals!
So, if you're looking for a promising coin to add to your portfolio, then be sure to check out Bitgert ($BRISE). With its impressive fundamentals and potential for massive growth, it's a coin that you won't want to miss out on.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Rexas Finance (RXS) Captivates Ethereum and Solana Investors, Unveiling the Future of Real-World Asset Tokenization
- Nov 22, 2024 at 10:20 am
- With seasoned investors in leading projects like Ethereum and Solana continually in search of the next significant opportunity. Many of these investors are focussing this week on Rexas Finance (RXS), a novel real-world asset (RWA) tokenizing platform.