Key Points:
The Ethereum blockchain may be the largest blockchain today by the measure of ecosystem size but has also been one of the most expensive and slowest blockchains. The slow scaling of the Ethereum chain is the reason the gas fee is very high. Ethereum blockchain has been struggling with these two challenges, and that's why Ethereum 2.0 upgrades have been critical.
The Ethereum 2.0, which is already live on the Ropsten testnet and slated for the august launch, is aimed at addressing these challenges, and do better than Bitgert. The Ethereum team is moving the old Ethereum 1.0 to the Proof-of-Stake (PoS) protocol, which will make the Ethereum chain faster and also improve the security of the chain.
Ethereum is also adding charding chains technology to make Ethereum 2.0 a multichain, to make it more scalable. The Ethereum team is promising to deliver a blockchain that has the capacity to deliver 100,000 transactions per second. This means that Ethereum 2.0 will have the same speed as the Bitgert BRC20 blockchain.
However, this remains just an estimate, and the real speed will be seen once the new Ethereum chain has been launched this august. But the fact that Bitgert blockchain has been offering the same speed for the past 4 months makes Ethereum less impactful in the industry. It will not have broken a new ceiling in its upgrades.
But there is more that the Ethereum team will need to beat Bitgert on. The Bitgert gas fee is the lowest in the market. In fact, this is the reason why the Bitgert chain is very popular in the market.
The Bitgert BRC20 blockchain's zero gas fee mechanism is the best thing that happened to the market. The Bitgert team developed a blockchain that costs just $0.00000001 to transact any amount. Ethereum 2.0 will need to beat the Bitgert zero gas fee to be a better option. The reason why Bitgert is doing better than most of the crypto coins, even in bear markets, is the zero gas fee.
The Bitgert chain adoption might remain the highest ever after the Ethereum 2.0 launch. This is because the Bitgert chain is still a big deal. So Ethereum team will need to do better than Bitgert with the coming merge.
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