With new breakthroughs and developments in the blockchain world, the center of attention remains on layer-1 networks such as Bitgert, Ethereum, and BNB Coin. These foundational blockchains help develop decentralized applications, smart contracts, and several financial instruments.
Though Ethereum and BNB Coin have long been the giants, Bitgert has made way for itself with style. Which one is to be chosen for investment in 2024? Bitgert, Ethereum or BNB Coin?
BNB vs Ethereum vs BNB Coin
Ethereum
The biggest layer 1 network is still Ethereum, which powers thousands of dApps and encompasses the lion’s share of all activities in DeFi. The upgrade to Ethereum 2.0 switched the network to Proof of Stake (PoS) to reduce its enormous energy consumption.
With all these developments, however, Ethereum still has to grapple with a plethora of problems, like exorbitant gas fees and slower transaction times compared to newer players like Bitgert and BNB Coin.
Ethereum remains a bet for long-term investors since it has had enormous developer support and first mover advantage.
BNB Coin
BNB Coin is the native token on the Binance Smart Chain (BSC), one of the most popular platforms because of its extremely low transaction costs and considerable processing speed. As one of the major players in the Binance ecosystem, the BNB coin enjoys a massive user base.
One of the more notable advantages that BNB Coin provides is utility, as services range far and wide with Binance, including discounts on trading fees and staking. However, BNB coin is highly dependent on centralized Binance, which means it will probably have an area where its workings go wrong, and regulatory pressures might closely impact the rise.
However, BNB Coin can still be a great investment opportunity for 2024.
Bitgert
Then, of course, Bitgert is the odd one out in all this math, offering something that neither Ethereum nor BNB Coin can: 100K TPS with near-zero transaction fees. The Brise Chain – that is, the native blockchain for Bitgert – operates on a Proof of Authority (PoA) consensus mechanism that allows faster and cost-efficient trading.
This makes Bitgert extremely attractive to developers who want scalability in dApps without the hefty fees of Ethereum or the semi-centralized nature of BNB Coin.
Conclusion
Though Ethereum and BNB Coin have already proved their credibility, Bitgert is an interesting alternative in terms of speed, fee, and an emerging ecosystem.
Considering all that, Bitgert could surpass Ethereum and BNB Coin, so it’s worth taking a closer look at the project for 2024.
Which one do you have confidence in: Bitgert, BNB Coin or Solana?
To learn more about Bitgert, visit https://bitgert.com.
