Bitgert Coin: Unveiling Hidden Value Post Bitcoin Halving

Bitgert Coin: Unveiling Hidden Value Post Bitcoin Halving

Bitgert coin is now a frontrunner in the next big cryptocurrency contender after halving. With its unique blockchain technology, it has been able to increase transaction speed like never before. They also have meager fees and could offer scaling that could make a significant shift in the dynamics of crypto.

Bitcoin Halving

Bitcoin halving is a programmed event within the Bitcoin network in which the block rewards of the miners get reduced to half. As such, this halving occurs after four years have passed approximately, or it has occurred that 210,000 blocks have been mined. It is part of Bitcoin's monetary policy to control inflation by stretching the new distribution of Bitcoins over time.

The first created Bitcoin has a reward of 50 Bitcoins for the mined block. It was halved for the first time in 2012; the reward was then cut to half—25 Bitcoins and repeated in periods. Now, after the latest and third halving, the reward per block is 6.25 Bitcoins.

The halving is significant as it directly affects the rate at which new coins are generated and introduced into circulation. By so doing, it will consequently limit the issuance rate of new coins and effectively mimic the scarcity or deflationary properties seen in precious metals such as gold. This scarcity would push up the price of Bitcoin if demand for the cryptocurrency remains strong.

Essentially, halving helps ensure that Bitcoin does not undergo more inflation than what is needed and engraves its place as a valued digital asset.

All About Bitgert

Bitgert (BRISE) is a blockchain product introduced in July 2021 with a centralized exchange cryptocurrency. Bitgert initially operated on the BNB Chain and has since developed its BRC20 blockchain. Known for high-speed transactions and nearly zero gas fees, Bitgert dramatically reduces the cost of operation to $0.0000000000001 per transaction, and it can handle up to 100,000 transactions per second (TPS). Bitgert's ecosystem includes the Bitgert Chain, Bitgert Exchange, and BRISE Swap, a decentralized exchange.

Brise is built with a DeFi protocol and a multi-currency dApp wallet, and it comes with staking rewards in BUSD. Its native BRISE token plays a crucial part in the platform transactions. 5% of the transaction fee in the repurchase mechanism duly funds the repurchase of tokens and their burning, making the tokens scarce and increasing value.

Currently, Bitgert has a circulating supply of close to 396 trillion tokens out of a maximum cap of 1 quadrillion. While Bitgert's network is secure with the proof of authority staking consensus mechanism, this is also backed by many intelligent contract audits. Mechanisms similar to Bitcoin halving have helped bolster Bitgert's performance and appeal. Bitgert's built-in buyback and burn serve to reduce the token supply and increase its scarcity to potentially push it up, mirroring effects seen in halving phenomena.

Is Bitgert going to perform?

It seems that Bitgert is to experience a positive swell, expedited by the halving phenomenon. Seeking to gain from the ecosystem? DYOR, vet Bitgert's market performance periodically, and only then dive in.

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