Polygon (MATIC) Has A New Competitor, Bitgert BRC20 Blockchain Is Said To Be Game Changer
by Analytics Insight
February 27, 2022
Bitgert BRC20 blockchain is said to be a game-changing blockchain. Competition is higher than ever before.
Polygon is one of the best layer-2 scaling solutions in the crypto market today. It is one of the smart contracts designed for the Ethereum chain to provide developers with a platform that offers a cheaper gas fee and faster transaction speed. This is because the Ethereum blockchain is slow, and the gas is super expensive. But it has gotten a new and tough competitor, the Bitgert BRC20 blockchain. It is said to be a game-changing blockchain because of the reasons explained below:
Bitgert
The Bitgert BRC20 blockchain launch has made this cryptocurrency not only a tough competition for Polygon but also many other large crypto projects. But for the Polygon, there is a tougher competition because Bitgert might make this project useless. This is after the Bitgert chain provided better solutions to the problems that Polygon is solving.
The BRC20 blockchain has the lowest gas fee in the industry, which is currently at $0.0000000000001. The new Bitgert chain is also the fastest at 100k TPS, making it faster not only than Polygon but also Solana. These are the two main reasons why the Bitgert BRC20 blockchain has been said to be a game-changer. Already, the gasless feature is growing the Bitgert chain adoption very fast.
Centcex
The attractiveness of the Centcex crypto project in the crypto market cannot be assumed. This is of the few cryptocurrencies with a roadmap that is only delivering an unlimited number of products. The Centcex project wants to build the most sought-after blockchain-based products, including crypto exchanges, staking programs, dApps, and so on. There will be no limit on the number of utilities on the Centcex system as the Lab will continue developing more.
The investors buying the Centcex coin will be able to stake the tokens and get rewarded an impressive 100% APY of the generated revenue by the Centcex products. This might be one of the biggest staking rewards, in terms of money received, as the number of Centcex products increases.
Polygon (MATIC)
The Polygon (MATIC) has huge competition in the BRC20 blockchain. This is a blockchain that is threatening to Polygon almost irrelevant in the market. In fact, the Bitgert BRC20 blockchain is going to make so many crypto projects unattractive to investors due to its zero gas fee feature.
But for the Polygon (MATIC), the Bitgert BRC20 blockchain’s EVM compatibility is what makes it super competitive. There is likely to be a fast-growing number of projects migrating from Ethereum to Bitgert increase as those joining drop due to the gasless Bitgert chain. So the polygon team needs to do is to lower its gas fee and improve its scaling solution to remain competitive.
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