The recently launched Bitgert BRC20 blockchain has sent most cryptocurrencies into a tailspin. The zero gas fee is one of the most significant concerns for most crypto projects, which are already burdened by high gas fees. Ethereum has one of the most extravagant gas fees, which can reach $50, making it one of the most concerned projects. The Bitgert blockchain, on the other hand, provides more than just a gasless chain.
Below are the details regarding the zero gas fee Bitgert BRC20 blockchain and the competing projects:
Bitgert BRC20
The Bitgert BRC20 blockchain is causing concern among Ethereum, BNB chain, and other projects due to its zero gas fee. This was one of the key features that drew attention to the Bitgert chain even before its official launch. The Bitgert team has set the gas fee at $0.0000000000001 for making the gasless chain a reality. There is no other blockchain with such a low gas fee on the market.
Furthermore, the Bitgert chain is now swifter than Solana at 100k TPS, making it the industry’s fastest blockchain. The Bitgert team has also commenced projects such as the Startup Studio, which connects small-scale businesses with global investors. These are major Bitgert chain features that are causing concern for the majority of cryptocurrencies.
Centcex
Though Centcex is concerned about the newly launched Bitgert BRC20 blockchain, it is a project to keep an eye on. Just reading the roadmap and the team’s dream makes Centcex so appealing. The team is developing a blockchain-based ecosystem that will support an infinite number of applications, such as user bases, staking programs, dApps, and so on. With all of these Centcex products and the 100% APY staking reward, without a doubt, Centcex will be one of the finest rewarding cryptocurrencies on the market.
BNB Chain
The BNB chain has a valid cause for being concerned by the Bitgert BRC20 blockchain. This is one of the chains that has posed significant competition not only to the Binance chain but also to some of its crucial products. To begin with, the Bitgert chain’s zero gas fee has driven the Binance chain to the top of the list of most expensive chains for developers and traders. In addition, the Brise chain is swifter than the BNB chain. These are some of the causes that the Binance team is concerned about.
Ethereum
The Ethereum blockchain consists of one of the extravagant gas fees in the industry currently. The Ethereum gas fee is increasing to $50, compelling many developers for moving to less expensive platforms. The zero gas fee of the Bitgert chain is a concern for Ethereum because a majority of developers may prefer it. Since the Bitgert BRC20 blockchain is EVM compatible, developers can move from Ethereum to this chain. The fact that the Brise chain is swifter than the ETH chain is also a significant concern.
Polygon
Another cryptocurrency that may be impacted by the Bitgert BRC20 blockchain is Polygon. The polygon network is devised for the Ethereum network for addressing the scaling concern. It has a swifter speed and less expensive gas, but the Bitgert chain has more features than Polygon, like EVM compatibility. Hence, Bitgert offers Ethereum developers the cheapest and swiftest platform. As a result, the Bitgert chain is providing Polygon with stiff competition, which has the team concerned.
