Ethereum Transaction Fees Dips Significantly, But Still Expensive Than Bitgert Chain
Key Points:
- Ethereum transactions fee gas gone down significantly
- Ethereum 2.0 chain has been key in reducing the gas fee
- Bitgert BRC20 blockchain still offers the lowest transaction cost
The past few days have seen the Ethereum transaction fees reduce significantly. This is after the Ethereum chain started addressing the scaling issue with its Ethereum 2.0, an Ethereum upgrade that is addressing scaling and the gas fee issues in the Ethereum ecosystem.
Immediately after the second phase of the Ethereum upgrade started and the PoS protocol was put in place, the gas fee on the Ethereum chain started reducing. Though there have been exponential spikes, like during the Bored Ape NFT, when the Ethereum gas fee skyrocketed to $3,300, the Ethereum gas fee has been dropping.
The first days of July 2022 have seen a significant reduction of the Ethereum gas fee. This has, in return, reduced the overall cost of Ethereum transactions. It is also important to note that the Ethereum Beacon Chain launched last year and has been running alongside Ethereum 1.0. That’s why the Ethereum chain has been experiencing reduced gas fees.
Bitgert Zero Gas Fee Chain
But even with Ethereum Merger coming and the Ethereum transaction expected to drop further, it might not go lower than the Bitgert BRC20 chain. The Bitgert chain has been said to have the lowest gas fee. With a gas fee standing at $0.00000001, Bitgert is the cheapest blockchain today.
Bitgert BRC20 blockchain is the fastest chain in the industry at 100k TPS. This is the fastest any blockchain has ever reached. Therefore, Bitgert is still the biggest threat to the Ethereum chain. Even with the reducing transaction fee, the Ethereum chain is still considered expensive compared to Bitgert.
Bitgert blockchain is still the most adopted, even than Ethereum chain today. The biggest reason for Bitgert’s mass adoption is the zero gas fee the chain offers. The Bitgert adoption might not change even with the coming of the Ethereum 2.0 chain. This is as long as Bitgert will remain cheaper than Ethereum.
In addition to that, Bitgert has so much attractive components. The Bitgert roadmap V2 products, including Bitgert CEX, Bitgert Paybrise and Bitgert NFT marketplace. The Bitgert-backed projects are developments that have attracted a lot of investors who are buying Bitgert coins. So the demand for the Bitgert coin is expected to continue growing as the Bitgert products and projects launch.
So Bitgert might surprise many with better performance than Ethereum this year.
The post Ethereum Transaction Fees Dips Significantly, But Still Expensive Than Bitgert Chain appeared first on .
Key Points:
- Ethereum transactions fee gas gone down significantly
- Ethereum 2.0 chain has been key in reducing the gas fee
- Bitgert BRC20 blockchain still offers the lowest transaction cost
The past few days have seen the Ethereum transaction fees reduce significantly. This is after the Ethereum chain started addressing the scaling issue with its Ethereum 2.0, an Ethereum upgrade that is addressing scaling and the gas fee issues in the Ethereum ecosystem.
Immediately after the second phase of the Ethereum upgrade started and the PoS protocol was put in place, the gas fee on the Ethereum chain started reducing. Though there have been exponential spikes, like during the Bored Ape NFT, when the Ethereum gas fee skyrocketed to $3,300, the Ethereum gas fee has been dropping.
The first days of July 2022 have seen a significant reduction of the Ethereum gas fee. This has, in return, reduced the overall cost of Ethereum transactions. It is also important to note that the Ethereum Beacon Chain launched last year and has been running alongside Ethereum 1.0. That’s why the Ethereum chain has been experiencing reduced gas fees.
Bitgert Zero Gas Fee Chain
But even with Ethereum Merger coming and the Ethereum transaction expected to drop further, it might not go lower than the Bitgert BRC20 chain. The Bitgert chain has been said to have the lowest gas fee. With a gas fee standing at $0.00000001, Bitgert is the cheapest blockchain today.
Bitgert BRC20 blockchain is the fastest chain in the industry at 100k TPS. This is the fastest any blockchain has ever reached. Therefore, Bitgert is still the biggest threat to the Ethereum chain. Even with the reducing transaction fee, the Ethereum chain is still considered expensive compared to Bitgert.
Bitgert blockchain is still the most adopted, even than Ethereum chain today. The biggest reason for Bitgert’s mass adoption is the zero gas fee the chain offers. The Bitgert adoption might not change even with the coming of the Ethereum 2.0 chain. This is as long as Bitgert will remain cheaper than Ethereum.
In addition to that, Bitgert has so much attractive components. The Bitgert roadmap V2 products, including Bitgert CEX, Bitgert Paybrise and Bitgert NFT marketplace. The Bitgert-backed projects are developments that have attracted a lot of investors who are buying Bitgert coins. So the demand for the Bitgert coin is expected to continue growing as the Bitgert products and projects launch.
So Bitgert might surprise many with better performance than Ethereum this year.
The post Ethereum Transaction Fees Dips Significantly, But Still Expensive Than Bitgert Chain appeared first on .
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