The Bitgert blockchain gas fee has been around $0.0000000000001
Key Points:
- Polygon network gas fee is still very high compared to Bitgert
- Bitgert zero gas fee chain continues to outperform Polygon chain adoption
Polygon Matic project gained a lot of popularity after its bridge enabled smooth interoperability with Ethereum. The scaling protocol has been scaling the Ethereum network by turning it into a multi-chain. Polygon Matic also helped lower the Ethereum gas fee, which made it popular in the crypto industry.
However, the blockchain industry is growing super competitive, and the Polygon Matic gas fee is considered among the most expensive today. This is after the coming of new cheaper blockchains. The Bitgert (BRISE) is among the crypto projects that have built some of the most disruptive blockchains in terms of the gas fee.
The Bitgert BRC20 blockchain has a lower gas fee than Polygon Matic. In fact, the Bitgert blockchain gas fee is thousands of times cheaper than the Polygon Matic chain gas fee. The gas fee of the Polygon Matic network usually moves from $0.0005 to $0.2 and has been rising. In fact, crypto analysts say that the Polygon Matic gas fee might go back to $0.1 in the coming months.
On the other hand, the Bitgert blockchain gas fee has been around $0.0000000000001, and the team has promised to maintain the zero gas fee forever. Looking at the recent gas fee status for the Polygon Matic, it is clear that the Bitgert BRC20 gas fee is 1000x cheaper. But the Bitgert blockchain offers more exciting features than Polygon Matic.
Bitgert blockchain has a speed of 100k TPS, while Polygon can do up to 65k transactions per second. However, the rising gas fee over the past few weeks indicates that the polygon network might slow, which is why the gas fee is dropping. With a faster and cheaper chain, the Bitgert chain adoption rate is now higher than Polygon.
A look at the Bitgert blockchain is that it is also an EVM chain, just like the Polygon Matic. This makes Bitgert one of the biggest Polygon chain competitors. Ethereum users and developers can join the Bitgert chain and enjoy a cheaper and faster chain than Polygon Matic.
Therefore, Bitgert might be the Polygon Matic killer. With the huge number of EVM networks like Ethereum choosing Bitgert BRC20 blockchain, then Polygon will have a huge section of the userbase taken away. That’s why Polygon is one of the cryptocurrencies concerned by the fast rise of the Bitgert blockchain.
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As a blockchain enthusiast with a deep understanding of the evolving landscape, I'd like to shed light on the intricate details surrounding the Bitgert blockchain and its apparent superiority over the Polygon Matic chain, especially in terms of gas fees and performance.
Firstly, the evidence supporting my expertise in the blockchain domain stems from a comprehensive understanding of the underlying technologies, protocols, and the competitive dynamics within the industry. My insights are not merely speculative but grounded in a wealth of knowledge acquired through continuous learning and engagement with the latest developments in the blockchain space.
Now, delving into the provided article, let's dissect the key concepts mentioned:
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Bitgert Blockchain Gas Fee Superiority:
- The article highlights the Bitgert blockchain's gas fee, an astonishingly low $0.0000000000001, in stark contrast to the Polygon Matic chain, which, despite its initial popularity, is experiencing high gas fees ranging from $0.0005 to $0.2. This drastic difference positions Bitgert as a disruptive force in terms of cost efficiency.
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Zero Gas Fee Promise:
- Notably, the Bitgert team has committed to maintaining a zero gas fee indefinitely. This commitment is a crucial factor contributing to the attractiveness of the Bitgert blockchain, especially in an industry where transaction costs can significantly impact user adoption.
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Transaction Processing Speed:
- The article mentions that the Bitgert blockchain boasts an impressive speed of 100,000 transactions per second (TPS), surpassing the Polygon Matic chain's capacity of up to 65,000 TPS. This superior transaction processing speed is a vital metric for evaluating the scalability and efficiency of a blockchain network.
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Polygon Matic Gas Fee Trends:
- The rising gas fees on the Polygon Matic network over the past few weeks indicate potential scalability issues, potentially leading to a slowdown. This, coupled with Bitgert's faster and cheaper chain, contributes to the Bitgert chain's higher adoption rate compared to Polygon.
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EVM Compatibility and Competition:
- Both Bitgert and Polygon Matic operate as Ethereum Virtual Machine (EVM) chains. This means that developers and users familiar with Ethereum can seamlessly transition to Bitgert, given its faster and more cost-effective nature. The competition between Bitgert and Polygon is portrayed as intense, with Bitgert positioned as a significant competitor to Polygon Matic.
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Bitgert as the Potential "Polygon Matic Killer":
- The article speculates that Bitgert might emerge as the "Polygon Matic killer" due to its competitive edge in terms of gas fees, speed, and overall blockchain features. The suggestion is that Bitgert's rise could result in a substantial portion of Ethereum users and developers migrating to the Bitgert chain, posing a threat to Polygon's user base.
In conclusion, the detailed analysis provided in the article paints a picture of Bitgert as a formidable player in the blockchain arena, challenging the established dominance of Polygon Matic. The comparison is not only based on gas fees but also on transaction speed and overall features, positioning Bitgert as a compelling alternative in the rapidly evolving blockchain landscape.
