Binance is one of the largest blockchains in the crypto industry because of the cheaper and faster transactions. That’s why Binance Exchange is the largest cryptocurrency exchange globally based on the volume of the tokens traded daily. But the time for the Binance being the fastest and cheapest blockchain ended immediately when the BRISE BRC20 blockchain went live in mid-February. This is because when the Binance chain gas fee is at $2, the Bitgert chain gas fee is zero. Read more about the Bitgert zero gas fee blockchain and the competitors it has floored right now:
The biggest reason why the Bitgert BRISE BRC20 blockchain is causing a lot of excitement in the industry is its gasless feature. The Zero gas fee has been one of the biggest elements that made the Brise chain stand out, and that is exactly what the team delivered. The Bitgert chains gas fee is just 0.000021 BRISE, or $0.0000000000001. This is the cheapest gas fee in the industry and has made Bitgert better than even the likes of Binance, which has been considered the cheapest for a long time. In addition to that, the Brise chain is currently the fastest at 100,000 TPS. These are two major features making Bitgert skyrocket today.
The gas cost at Centcex is still rated as per the Binance coin because this is one of the BSC projects. Therefore, the cost of transaction and the speed of the Centcex network are not better than what Bitgert is providing. As one of the BSC, the Centcex project must be costing a lot of gas fee, probably $2, which is what Binance charge as the gas fee. But things might work well for the Centcex users as the team has hinted at building its own blockchain.
The Binance coin is still doing very well in the market because the Binance chain is one of the biggest blockchains in terms of adoption. The cheaper gas fee and speed compared to other chains like Ethereum, Bitcoin and Cardano have made it one of the best options for developers and crypto traders. But with a faster and zero gas fee blockchain, Bitgert is quickly coming to dethrone the Binance coin dominance. BRISE might be the next big coin in the cryptocurrency industry.
The Shiba Inu gas fee is also more expensive than what the Bitgert chain is offering. The Shiba token is ERC-20, which means it is running on the Ethereum network. The Ethereum chain has one of the most expensive gas fees, which makes the Shiba platform a bit expensive. This is one of the reasons why most of the projects on the Shiba Inu network might start migrating to the Bitgert BRISE BRC20 blockchain to enjoy zero gas fees.
Bitcoin is one of the few large cryptocurrencies still using the PoW consensus mechanism. This is one of the mining protocols that has been proven to be insecure, slow, and very expensive gas cost. Therefore, it is cheaper to trade on the Bitgert chain than on Bitcoin network because of the zero gas fee. The launched Bitgert BRISE BRC20 blockchain might be one of the biggest Bitcoin competitors when the mass adoption of the chain starts. However, Bitcoin is still one of the cryptocurrencies to watch.
Ethereum is another cryptocurrency that is getting tough competition from the Bitgert BRISE BRC20 blockchain. This Brise chain is now one of the fastest and cheapest chains, making it a better option for developers and traders than Ethereum. With the expensive gas fee at Ethereum, there is a likelihood of more developers migrating to the Brise chain because of its EVM compatibility. However, the Ethereum protocol upgrade might make the chain competitive on the speed, but the transaction cost will remain a big issue.
A few days ago, Solana had been the fastest blockchain, but when the Bitgert BRISE BRC20 blockchain went live on 15th February 2022, it became the second-fastest after the Brise chain. When the Solana throughput is currently at 65k TPS, the Bitgert blockchain is at 100k. The Solana transaction cost is $0.00025 while Brise chain is $0.0000000000001. That’s how expensive Solana is compared to the Brise chain. That’s why SOL is expected to get tough competition from Bitgert.