Bitgert Zero Gas Fee Blockchain Has Become Tough Competition For Ethereum & Binance Smart Chain, Polygon (2024)

Bitgert Zero Gas Fee Blockchain Has Become Tough Competition For Ethereum & Binance Smart Chain, Polygon (1)

Bitgert Zero Gas Fee Blockchain Has Become Tough Competition For Ethereum & Binance Smart Chain, Polygon (2)

The zero gas fee Bitgert blockchain has been one of the biggest topics in the industry for almost a week now.

The costly gas fee has been a major concern in the cryptocurrency industry. Blockchain users have complained about the gas getting very expensive, with Ethereum being the most affected chain. In fact, Polygon became so popular with Ethereum-developers because of the cheaper gas fee, among many other features. But Bitgert is not only making gas cheaper but free. The zero gas fee blockchain has made Bitgert a tough Ethereum, Binance, and polygon competitor. Read more about it below:

Bitgert

The zero gas fee Bitgert blockchain has been one of the biggest topics in the industry for almost a week now. The Bitgert chain is a game-changing blockchain in that it addresses the problem of expensive gas, which many chains like Ethereum, Bitcoin, and others, have been associated with. To make the zero-gas fee a reality, the Bitgert team has built a blockchain that charges 0.000021 BRISE, and equivalent of $0.0000000000001, for every transaction. This is the cheapest gas in the market and has made Bitgert the cheapest blockchain so far. In addition to that, the Bitgert chain is the fastest at 100k TPS.

Centcex

The biggest competitor of the Centcex project at the moment is Bitgert. This is because the gas cost at the Centcex platform is more expensive than the Brise chain. The Centcex project is built on the BSC platform, which means it is on the Binance Chain. However, the Centcex team has hinted at building its own chain, although it has not been made official. However, the Centcex project still boasts as the tokens that will have the largest utilities in the market. With an attractive 100% APY staking reward, there is no doubt that CENX is among the best tokens to buy today.

BNB Chain

The BNB chain has been impressive over the last few years. Binance is one of the blockchains that have grown very fast, mainly because of its faster TPS and cheaper gas. The Binance gas is still considered one of the cheapest, and that’s why there has been a growing number of BSC projects, and the Binance exchange is growing larger. But the BNB chain popularity is now threatened by the Bitgert zero gas fee blockchain that is also faster than this chain. With the zero gas fee, we are likely to see more developers and traders on the Brise chain than on the BNB chain.

Ethereum

There is no doubt that the coming of the Bitgert zero gas fee blockchain has shaken the Ethereum network. The Ethereum network has been known for being slow and also for the high gas fee. In fact, more Ethereum developers have been migrating to compatible smart contracts like Polygon. The Bitgert chain is not only offering a zero gas fee but is also faster than Ethereum. These are two main reasons Bitgert has become the toughest Ethereum competitor in the crypto industry today. Although the team is trying to address the network’s limitations, it will be difficult to beat the Brise chain gasless feature.

Polygon

The Polygon network was competing with Avalanche, which was a faster smart contract. But the coming of the BRC20 smart contract has taken the competition to another level. With the Brise chain offering the fastest TPS, 100k, and zero gas fee, it is offering better features than Polygon. The fact that BRC20 smart contract blockchain is compatible with EVM makes Polygon look even more inferior to Bitgert. Therefore, the Polygon team now has even a bigger competition to beat in the Bitgert chain. The zero gas fee will be one of the biggest challenges that Polygon needs to go around to compete with the Bitgert chain.

Bitgert Zero Gas Fee Blockchain Has Become Tough Competition For Ethereum & Binance Smart Chain, Polygon (3)

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As an enthusiast with an in-depth understanding of blockchain technology and the cryptocurrency industry, I want to shed light on the groundbreaking developments in the space, particularly the emergence of the zero gas fee Bitgert blockchain. My expertise stems from actively monitoring and analyzing trends, participating in community discussions, and staying abreast of the latest innovations.

The escalating issue of costly gas fees has been a persistent concern in the cryptocurrency landscape, prominently affecting popular chains like Ethereum. The article introduces Bitgert as a game-changing blockchain, addressing this problem by offering zero gas fees, a feature that distinguishes it as a formidable competitor to Ethereum, Binance, and Polygon.

To substantiate the claim of Bitgert's zero gas fee, the article outlines that the Bitgert chain charges a minimal transaction fee of 0.000021 BRISE, equivalent to $0.0000000000001. This is touted as the cheapest gas fee in the market, making Bitgert the most cost-effective blockchain solution. Additionally, the Bitgert chain boasts impressive speed, achieving 100,000 transactions per second (TPS), further solidifying its position as the fastest blockchain.

The article compares Bitgert to Centcex, highlighting that Bitgert's gas cost is lower than that of the Centcex platform, which operates on the Binance Smart Chain (BSC). Despite Centcex's potential plans to develop its own chain, Bitgert's affordability and speed are positioned as key advantages.

The BNB Chain, associated with the Binance exchange, has been recognized for its fast transaction processing and low gas fees. However, Bitgert poses a threat to BNB's popularity with its zero gas fee feature and faster speed. This competition suggests a potential shift of developers and traders towards the Bitgert chain.

Ethereum, known for its high gas fees and slower transaction speeds, faces tough competition from Bitgert. The zero gas fee and faster transaction speed of Bitgert position it as a formidable competitor, potentially drawing developers away from Ethereum.

Polygon, previously in competition with Avalanche, now faces increased competition from Bitgert. The article emphasizes Bitgert's superiority with 100,000 TPS and zero gas fees, presenting a significant challenge for Polygon to maintain its standing in the market.

In conclusion, the introduction of the Bitgert zero gas fee blockchain has disrupted the cryptocurrency industry, challenging established players like Ethereum, Binance, and Polygon. The combination of affordability and speed positions Bitgert as a strong contender, attracting attention from developers and traders. However, readers are reminded to approach cryptocurrency investments cautiously and conduct thorough research due to the inherent risks associated with the market.

Bitgert Zero Gas Fee Blockchain Has Become Tough Competition For Ethereum & Binance Smart Chain, Polygon (2024)

FAQs

Does Bitgert have no gas fees? ›

Bitgert's Cost-Free Nature Sparking Investors' Interest

Bitgert became extremely popular when it became the first cryptocurrency project to allow gas-free transactions. For so long, investors have been burdened by the gas fee issue, making it difficult for many to have the best experience.

Which blockchain has no gas fee? ›

Zero Gas Fees.

SKALE is a limitlessly scalable, fast, on-demand blockchain network with zero gas fees, allowing quick deployment of interoperable EVM-compatible chains without compromising security or decentralization. SKALE is a fully decentralized, open-source, community-owned network.

What is the difference between Binance chain and Binance Smart Chain? ›

Binance Chain and Binance Smart Chain are decentralized blockchain networks. Binance Chain aims for fast transaction capability, while Binance Smart Chain is an innovation of Binance Chain supporting the development and running of Dapps. Binance Smart Chain is compatible with Dapps originally coded for Ethereum.

What is zero fee blockchain? ›

Stability's zero fee transactions revolutionize the economics of using blockchain. With zero fees, all parties involved experience genuine cost efficiency — no hidden fees for users, developers, or businesses.

Is it wise to invest in Bitgert? ›

Bitgert's emergence has made it a top contender in the cryptocurrency world, this has seen it gain the notice of investors. It has also seen the adoption of its coin being on the rise which will further lead to a surge in its price. Bitgert coin price has been seeing a good movement upward in recent times.

Is Bitgert a good crypto? ›

Is Bitgert A Good Investment? It is hard to say whether or not Bitgert, or the project's token BRISE is a good investment. The BRISE token has an incredibly low price, sitting at a minuscule US$0.0000001552 as of October 26, 2023.

How do I bypass Ethereum gas fee? ›

7 Tips To Avoid Ethereum Gas Fees
  1. Optimize the transaction timing. ...
  2. Take advantage of rebate offers. ...
  3. Choose transaction type carefully. ...
  4. Monitor network congestion to avoid delays. ...
  5. Benefit from gas tokens. ...
  6. Calculate payable gas fees beforehand. ...
  7. Switch to Ethereum 2.0.
Feb 20, 2023

What's the cheapest crypto to send? ›

Without further ado, let's get started with the cheapest crypto to send.
  • Stellar. ...
  • Dogecoin. ...
  • TRON. ...
  • Litecoin. ...
  • Dash. ...
  • Algorand. Algorand is a blockchain platform for smart contracts that utilizes a Proof-of-Stake consensus algorithm. ...
  • Nano. Nano is a cryptocurrency that launched in 2015 under the name RaiBlocks. ...
  • Zcash.
Dec 28, 2022

What is the cheapest gas network in crypto? ›

Average transactions on Solana cost around $0.00025, while transferring on Avalanche costs even lesser — around $0.000004 according to AVAX gas tracker. With their increasing popularity and users flocking to these low-cost blockchains, their respective ecosystem has also exploded in numbers.

Which blockchain is better Ethereum or Binance Smart Chain? ›

High Performance and Low Fees: BSC offers faster transaction times and significantly lower fees than Ethereum. EVM Compatibility: It supports Ethereum tools and dApps, making it easier for developers to migrate or duplicate their projects on BSC.

What are the downsides of Binance Smart Chain? ›

Shortcomings of Binance Smart Chain

Transactions are handled by 21 validators who are re-elected daily. Becoming a node operator or validator is difficult. The former requires a minimum of 500 GB of disk space, the latter requires staking a minimum of 10,000 BNB, worth nearly $5 million at current exchange rates.

What happened to Binance Smart Chain? ›

In February 2022, Binance Smart Chain was rebranded as BNB Smart Chain.

What is the best zero fee crypto trading? ›

Phemex, Crypto.com, Kucoin, Amplify, Shapeshift, Lykke, and Newton are the best zero-fee crypto exchanges. Amplify is suitable for P2P trading. One offers the fastest and secure transactions, while the other makes it commission-free. Crypto.com and Kucoin exchange provides a wide array of crypto assets.

How to make free money on blockchain? ›

Let's explore them all.
  1. Learn and Earn Platforms. Learn and Earn platforms are a great way to earn free crypto while also gaining knowledge about the industry. ...
  2. Airdrops. ...
  3. Play-To-Earn Games. ...
  4. Cryptocurrency Dividends. ...
  5. Credit Cards. ...
  6. Referral Bonuses. ...
  7. Browser and Search Engine Rewards. ...
  8. Conclusion.

What is proof of zero blockchain? ›

An increasingly common way privacy is achieved on public blockchain networks is through zero-knowledge proofs (ZKPs)—a method for one party to cryptographically prove to another that they possess knowledge about a piece of information without revealing the actual underlying information.

What are gas fees on Bitgert? ›

No Gas Fee

Well, Bitgert is eliminating this problem, as the operational system responsible for the blockchain isn't overloaded with too many transactions thereby ensuring that users don't need to pay gas fees.

What are Bitgert transaction fees? ›

First and foremost, Bitgert is marketed as a cryptocurrency with almost zero fees. However, the truth is that you will be charged a 12% transaction fee every time you buy, sell or move BRISE. Of this 12%, 5% goes for buybacks, 4% goes to holders, and 3% goes towards marketing the project.

How much is the gas fee for brise? ›

A pivotal development occurred in 2022 with the introduction of the BRC20 blockchain. This innovation brought near-zero gas fees and high-speed cross-chain transactions, featuring an incredibly low gas fee of $0.0000000000001 per transaction and supporting a throughput of up to 100,000 transactions per second (TPS).

Is Bitgert deflationary? ›

The deflationary mechanism is also another feature that drives this coin's adoption. Burning 12% of its overall supply in circulation, this drives the innovative goals of Bitgert, as investors are on the lookout.

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