Ask any Ethereum NFTs enthusiast about their experience, and they will tell you about the expensive gas fee. In fact, the Ethereum blockchain has one of the most expensive gas fees, which at one time this year reached a whopping $50. But the costly gas fee is a problem with many blockchains.
Luckily, there are blockchain projects that are addressing this problem, and Bitgert (BRISE) has been the most successful in this. The Bitgert blockchain gas fee is 1000x cheaper than Ethereum, which makes its NFTs quite popular with the crypto community. Read more below:
Bitgert NFT marketplace just got launched by Miidas, one of the top best-performing projects built on Startup Studio. The crypto experts say that the Bitgert NFT marketplace will be the most competitive in the industry because of the zero-gas fee mechanism BRC20 blockchain is offering.
The Bitgert blockchain is charging the lowest gas fee in the industry, which is $0.0000000000001 for every transaction. Bitgert gas fee is actually the lowest gas cost gas ever gone in the history of the cryptocurrency. The cost of gas is 1000x lower than what the likes of the Ethereum NFTs are costing. Therefore, Bitgert NFTs are expected to perform better than the Ethereum NFTs.
Bitgert NFTs is the next big thing, but Centcex might be the next best crypto investment. The Centcex coin is proving a force reckon with based on the performance the crypto coin has been posting in Q1 2022. For Q2, the Centcex price has also been posting good performance. This is a project that is catching the investors' attention, and that's why Centcex performance has been great over the past few weeks. The Centcex coin has been skyrocketing.
The Centcex project attraction has been because of the massive ecosystem it is building. The Centcex team says that it is building the vastest number of crypto products in the market. This means tens and hundreds of products in the months and years. The high Centcex utility will grow the price fast and, at the same time, reward staked tokens in a big way.
Ethereum NFTs gas fee is around $37 for every transaction today. Compared to the Bitgert NFTs gas fee of $0.0000000000001, there is no doubt that the Ethereum NFT gas fee is 1000x expensive. But this might be improved in the coming days. There are a number of developments that might help reduce the Ethereum gas fee, though not as low as Bitgert. One of them is the ongoing upgrades have been the most significant development of this project.
The Ethereum upgrades are already in the second phase, and the chain is getting improved. These upgrades are the reason why the Ethereum gas fee has been reduced from $50 to the current $37. Note that the current phase includes PoS migration and the introduction of shard chains. Therefore, the Ethereum coin is projected to do well in the market this year.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.