Bitcoin PoW Blockchain is deprecated, Bitgert Blockchain has 100k TPS, higher than Ethereum, Solana, Cardano
It is now proven beyond doubt that PoW consensus is not the best mining protocol for blockchain technology. Bitcoin, Ethereum, and other blockchains that use this consensus protocol already have issues with high gas cost, insecurity, and low speed. Most PoW protocols are now migrating to faster, secure and cheaper mining protocols. Bitgert is leading with the brand new blockchain that uses PoA. Learn more about the Bitgert 100k PTS and the competition it beats in the market:
the Bitter is one of the few projects to use advanced mining protocols that offer faster and cheaper transactions while keeping the network more secure. The Bitgert blockchain uses Proof-of-Authority (PoA) consensus, which has allowed the network to achieve 100,000 TPS. It is a consensus mechanism where the identity of a validator plays the role of a stake instead of PoS which uses money.
Bitgert’s PoA is a new consensus protocol that is becoming increasingly popular with developers. The transaction cost of the Bitgert BRISE BRC20 blockchain is 0.000021 BRISE, or a sum of $0.0000000000001, making it the cheapest chain. Visit the Bigert’s official Twitter account to learn more about the project.
the centcex The project is built on BSC, but the Centcex team promised to build the project with its own blockchain. This is good news for the community that will be staking their CENX tokens, as it means that a huge amount of revenue will be generated from the blockchain product. The team building the Centcex will likely use the POA consensus protocol. However, at the moment the Bitgert network will be faster than Centcex because Binance is slower than the Bitgert chain.
Solana has been the fastest blockchain on the market for quite some time now, boasting a mind-blowing throughput of 65,000 TPS. Solana uses Proof of History (PoH) consensus. But it might not be the fastest speed anymore since the Bitgert blockchain provides 100,000 TPS. The Bitgert blockchain has been said to be Solana’s killer, and that might be true of Solana’s speed not catching up. Solana utilities could also be challenged by the Bitgert blockchain. Therefore, we are likely to see fierce competition between these two blockchains.
When PoW became too inefficient, Cardano became the first blockchain to implement the first PoS protocol. It became the fastest and cheapest blockchain to transaction upon launch. This was before the launch of Solana and it became the fastest blockchain. At the moment, Cardano has to beat Solana and then Bitgert to become the fastest blockchain. The Cardano has been working on the Hydra scaling program which could push the network speed to 1 million. Therefore, many Cardano developments are to come.
Avalanche network is one of the cryptocurrency projects with fast transaction rate. Avalanche is, in fact, the fastest smart contract on the market today. One of the things that stands out from the platform is the increase in scaling solutions which has allowed the number of developers to grow. The other interesting fact about Avalanche is its compatibility with Ethereum smart contracts. However, the Chain Breeze is proving to be a force to be reckoned with, which might be better than Avalanche in terms of speed and cost.
The Polygon network is one of the best scaling solutions for Ethereum-based projects. This is why Matic is doing very well in the market. Polygon uses PoS consensus. The increasing number of developers on the Ethereum network migrating to Polygon has increased the demand for Matic. However, Matic will now have to beat the competition from Brise as the Bitgert chain is compatible with Ethereum. Polygon’s growing scaling solution could also boost the growth of the Matic cryptocurrency.
Litecoin is one of the oldest cryptocurrencies in the crypto market. The platform is one of the few PoW protocols in the industry, but the recently launched Litecoin MWEB may have improved consensus technology to make the Litecoin network more scalable. However, the scaling solution cannot reach the 100,000 TPS currently produced by the Bitgert BRISE BRC20 blockchain. However, Litecoin still remains one of the most promising cryptocurrencies of 2022, especially once the MWEB is fully launched.
Share this article
Do the sharing
About the Author
More info about the author