Since the launch of Bitcoin changed our financial world, many other projects introduced themselves to bring scalability and efficiency. Giants like Ethereum and Solana in the market have been establishing their footprint to solve the blockchain trilemma. However, these projects are still facing the same concerns of network congestion and higher gas fees. Bitgert, a cryptocurrency project with a very huge vision to change our digital landscape, has been solved and is poised to be a beacon of change, surpassing established names with its groundbreaking solutions.
Having an established footprint in the digital market, Ethereum and Solana have captivated the gaze of investors and enthusiasts. Although Ethereum and Solana have long dominated the cryptosphere, challenges such as network congestion and high transaction fees hindered their mainstream adoption.
Where Ethereum and Solana were working to fix their blockchain concerns, taking a step ahead, Bitgert began to establish its footprint. With the vision to change the crypto landscape by introducing its BRC20 blockchain that offers scalability and efficiency with Proof-of-Authority consensus, this project is poised to kill Ethereum and Solana.
Where Ethereum can process about 15 transactions per second and Solana can process 65,000 transactions per second, Bitgert processes 100,000 transactions.
Comparatively, data on BitInfoCharts shows that currently, gas fees on the ETH chain are more than $10. In comparison to ETH, the transaction fee on SOL transactions is very affordable as it charges about $0.00025 only. However, compared with Ethereum and Solana, Bitgert has a transaction fee near zero (about $0.0000000000001 per transaction).
Bitgert has been redefining the possibilities in the industry, but with a very fresh presence in the market, Ethereum and Solana-like giants are continuing with their dominance. As per DeFilLama, Ethereum and Solana have a total value locked (TVL) of $48.387 billion and $3.741 billion. However, analysts suggest that as soon as Bitgert continues to rapidly expand its ecosystem, it will potentially surpass the TVL of giants.
Indeed, Bitgert is a potential game-changer that can disrupt the dominance of giant altcoins and pave the way for a new era of DeFi. With groundbreaking technological innovations and rapid ecosystem development, Bitgert has the potential to challenge the dominance of giants, while changing the rules of crypto and building a new era of decentralized finance.
To know more about Bitgert, Visit https://bitgert.com
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