Ethereum has been working on its mainnet upgrades, which are expected to complete by 2023. Phase 1 of the Ethereum 2.0 upgrade is already complete, and Phase 2 is underway and might be ending in Q3 or Q4 2022. Phase 3 might launch in late 2022 or early next year. What's interesting about the Ethereum 2.0 upgrades is the transformation they will have on the Ethereum mainnet.
According to the Ethereum team, the Ethereum 2.0 is replacing the old ETH 1.0 version, which is struggling with the expensive gas fee and scaling issue. So the aim of the Ethereum 2.0 upgrades is to address these two challenges. The Ethereum team says that the new Ethereum chain might hit a million TPS, which might make it one of the fastest blockchains in the market.
But will the Ethereum 2.0 compete with the Bitgert chain? The answer is no. Although the Ethereum upgrades might make the chain faster than Bitgert, there is so much that the Bitgert BRC20 blockchain is offering that will make it remain the most sought-after chain in the crypto industry.
First, Bitgert is currently faster than Ethereum. When Ethereum has a throughput of about 15 TPS, Bitgert supports 100k TPS. Before the Ethereum team reaches the Bitgert TPS, Bitgert might have pushed it further. But the most exciting thing about the Bitgert blockchain is the zero gas fee.
The Bitgert BRC20 blockchain has the lowest gas fee, which will be difficult for Ethereum 2.0 to reach. Transacting on the Bitgert chain costs as low as $0.0000000000001 for gas in every transaction. That's how cheap the Bitgert blockchain has been, and this is going to make it super competitive until the likes of Ethereum can reach this low.
In addition to the lowest gas fee and the fastest gas fee, Bitgert has the fastest-growing blockchain ecosystem. This is one of the biggest reasons why even Ethereum investors are joining Bitgert. The Bitgert team is building products and projects for the Bitgert ecosystem faster than any other crypto project. This has greatly increased the adoption rate of the Bitgert project.
The bottom line is Ethereum 2.0 will be a big deal in the industry, but it shall never be able to compete with Bitgert. The Bitgert zero gas fee, fast speed, and fastest-growing ecosystem will still make Bitgert the best choice for blockchain users and developers.
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