Key Highlights:
The Ethereum 2.0 bubble might be busted by the Bitgert (BRISE) blockchain soon. The Ethereum team has said so much about the Ethereum Beacon Chain, which is expected to be the most competitive blockchain in the industry. But the Ethereum team might not beat the already widely adopted Bitgert BRC20 blockchain.
What Ethereum upgrades are trying to achieve is what the Bitgert team achieved early this year. The Ethereum team is improving the Ethereum chain scaling and lowering the gas fee. But this is something that the Bitgert chain has already achieved. Therefore, the Ethereum team will need to do better than Bitgert.
Bitgert team built a blockchain that is processing 100,000 transactions per second. This has made Bitgert BRC20 the fastest chain in the crypto industry today. From the various credible sources, Ethereum 2.0 is expected to post a 100k TPS upon launching.
This will put Ethereum at par with the Bitgert chain and thus will not have made any meaningful impact in the market. But where Bitgert is giving Ethereum a run for its money is the cost of the gas fee.
The Bitgert blockchain is said to be a revolutionary blockchain because of its zero gas fee mechanism. This is one of the major features that have made Bitgert blockchain stand out from large blockchains like Ethereum. When the likes of Ethereum are struggling with massive gas fees, Bitgert gas fee has remained at $0.00000001 since the time the chain was launched.
The zero gas fee chain has made Bitgert the most adopted blockchain today. The rates are faster than even the Ethereum chain despite being the largest chain. Therefore, Ethereum 2.0 needs to reduce the gas fee lower than Bitgert. That's the only way that it can manage to beat the Bitgert competition.
The widely anticipated Ethereum merge is coming, but the Ethereum team will need to beat the Bitgert competition. The Ethereum gas fee should go lower than Bitgert's $0.00000001. Otherwise, Bitgert will continue to outperform the Ethereum chain even with the 'Merge coming up this august.
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