One of the biggest limitations to the adoption of crypto in real life is the high cost of transactions. For the longest time, Ethereum was one of the most expensive blockchains, and even with Binance (BNB) and Polygon (MATIC) blockchains offering a cheaper alternative, they are still considered expensive for mass adoption in the real world.
Bitgert is one of the crypto projects addressing the cost of transaction issues and other limitations that Binance and Polygon blockchains are struggling with. This includes the security and the scaling of the blockchain. Through the BRC20 blockchain, the Bitgert team developed the first gasless blockchain, cheaper than Binance and Polygon chains.
Crypto experts believe that the Bitgert BRC20 blockchain is the only gasless blockchain because of the low gas fee needed to transact on this chain. BRC20 gas fee is $0.00000001, which is the lowest in the market. In fact, it is hundreds of times smaller than what the Binance and Polygon blockchains are offering.
This low gas fee is the major reason Bitgert blockchain has been attracting a lot of developers. It is also the reason why the adoption rate of this blockchain has been growing bigger over the last few months. Whether the Bitgert team will be able to reduce the gas fee further remains to be seen.
The other feature of the Bitgert blockchain making it better than Binance and Polygon blockchains is the transaction speed. BRC20 has a throughput of 100k TPS, which is the fastest transaction speed in the market. In fact, this TPS is way bigger than what Binance and Polygon blockchains offer.
With this massive scaling, then Binance and Polygon blockchains have every reason to get concerned. The impressive scaling is one of the reasons why the number of developers choosing Brise chain over Binance and Polygon blockchains has been growing bigger every day.
Bitgert team says they have built a more secure blockchain than Binance and Polygon blockchains. The blockchain uses the proof-of-staked-authority consensus mechanism for its security. In fact, Bitgert BRC20 is one of the few blockchains that have managed to maintain security integrity, and hackers have been unable to penetrate it.
In conclusion, apart from the lowest gas fee, the Bitgert BRC20 blockchain is also superior to Binance and Polygon blockchains in scaling and security. That's why its adoption rate is bigger than Binance and Polygon blockchains.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.