According to Analytics Insight
February 11, 2022
Bitgert has just launched its own blockchain. Due to the nature of this blockchain, this is big news for the Bitgert community and the crypto community as a whole. As the team promised, this is a gasless blockchain, which means a lot for crypto users suffering from expensive gas charges. Immediately after the team announced the completion of mainnet development, the price of Bitgert coins soared by 30%. For more information on Ethereum-compatible blockchain and the cryptocurrencies it competes with:
Bitgert
For the Bitgert blockchain, the team provided it as promised. Blockchain will be one of the cheapest and fastest on the market. To make the Bitgert blockchain the cheapest, the transaction cost is 0.00002, which is equivalent to $ 0.0000000000001 and is almost zero. According to the team, the Bitgert blockchain has a transaction speed of 100,000 TPS, which is faster than the Solana network. The Bitgert team also confirmed that beta versions of both testnets and mainnets with smart contracts will be available on the 15th.th February 2022. Access Bitgert Official Twitter account For more information on this blockchain.
Centcex
The Centcex team recently announced that the project will also include blockchain. This means that Centcex will compete with Bitgert, which has already launched its own blockchain. But there’s more than the Centcex team is doing to develop products for that ecosystem. From the white paper, the development team develops an unlimited number of cryptocurrency-related products. Currently, the Centcex cryptocurrency exchange, a centralized exchange, is in the development stage.
Shiba Inu
Shiba Inu is another crypto project that is intensifying competition with Bitgart. This is one of the big cryptocurrencies that doesn’t own a blockchain. This means that more members of the turf community are likely to participate in Bitgert. In addition to the recently launched blockchain, the Shiba Inu team is also lagging behind in product development. ShibaSwap is one of the products the team has successfully launched. However, the Metaverse product, Shiberse, is one of the big products coming up in the future.
Bitcoin
Bitcoin has recorded sharp price increases over the past few days. This is one of the biggest price increases in the bull market these days, with prices above $ 40,000. BTC is also one of the few cryptocurrencies with its own blockchain. However, Bitcoin blockchain may not compete with BitGhat due to speed and gas charges. These are some of the areas where Bitgart beats Bitcoin. However, Bitcoin is still the largest cryptocurrency on the market.
Ethereum
One thing that favored the Ethereum blockchain was the first project to introduce smart contracts. However, Ethereum networks also face serious challenges of speed, security, and decentralization. Expensive gas charges are also a problem. Ethereum is currently performing one of the biggest protocol upgrades in years, making this blockchain more efficient by addressing all the issues mentioned. However, gas tariff issues may not be addressed by Ethereum as Bitgart did.
Dogecoin
Over the years that Dogecoin has existed, the team has not developed its own blockchain. This is one of Bitgert’s greatest commercial advantages over Dogecoin. However, Dogecoin is expanding its adoption of coins, and a huge number of merchants are now accepting DOGE payments. However, Tesla’s move to accept Dogecoin for all commodities has made cryptocurrencies more popular. This is one of the biggest crypto coins in 2022 that crypto investors need to consider.
Binance coin
Another cryptocurrency worth seeing is Binance Coin. A huge number of crypto enthusiasts believe that BNB will increase by more than 100% of its current value. At the time of this writing, BNB was trading at $ 417. This forecast may be correct due to the expected coin growth in 2022. Due to the demand for Binance smart chains and Binance exchanges, Binance Coin is expected to launch Bull Run in 2022.
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