1. What is BitGert (BRISE)?
Launched in 2021, BitGert is a blockchain project that emphasizes fast transactions without gas fees. Its token, BRISE, is available on platforms like Bitget, but BitGert also operates outside of exchanges. The project is designed to tackle the common problems of speed and cost that networks like Ethereum face.
2. Technology and key features
- High performance: Achieves 100,000 transactions per second using a mix of Proof of Authority (PoA) and Proof of Stake (PoS).
- No gas fees: Transactions on the BitGert BRC20 blockchain are virtually free.
- Compatibility with EVM: Makes it easier for Ethereum apps to switch, and welcomes more developers.
- Security: While PoA allows for quick transaction completion, it comes with some centralization issues.
3. BRISE Token Information
- Total Supply: Started at 1 quadrillion BRISE, with a system that reduces the supply through buybacks and burns (12% tax on transactions).
- Usage: BRISE is for staking, paying fees, and governance in the community.
- Burning System: Each transaction burns 5% of BRISE, which helps reduce the total supply over time.
4. BitGert Ecosystem
- Brise Chain: An EVM-compatible blockchain designed for decentralized apps.
- Brise Wallet: A versatile wallet that works on multiple chains and supports NFTs and staking.
- BitGert DEX: A decentralized exchange that offers low slippage for trades.
- NFT Marketplace: Allows users to create and trade NFTs with minimal fees.
- Startup Studio: Invests in projects to grow the ecosystem, such as decentralized VPNs or audit tools.
5. Applications
- DeFi: Facilitates affordable trading, lending, and yield farming opportunities.
- NFTs: Makes it easy and affordable to create and trade digital art and games.
- Payments: Collaborations with payment services are underway to help BRISE work better for stores and money transfers.
- Staking: Users can earn rewards by staking BRISE, which also strengthens network security.
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6. Trade BRISE on Bitget
You can find BRISE on Bitget, a well-known crypto exchange, which makes it easy for people to buy and sell. It is also possible to trade BRISE against other currencies such as USDT or BTC.
7. Risks to consider
- Centralization concerns: The PoA system relies on selected validators, which may lead to centralization concerns.
- Team transparency: The anonymity of the core team may make some investors hesitant.
- Market volatility: Like any cryptocurrency, BRISE is subject to price changes.
From vision to reality: How BITGERT BRISE is shaping the future of blockchain
Conclusion
Bitgert (BRISE) aims to provide scalable and cost-effective blockchain solutions supported by a developing ecosystem and key partnerships. While its technological advancements are attractive, it is essential for potential investors to consider the risks associated with centralization and transparency. Being available on exchanges like Bitget increases its accessibility, boosting its use in DeFi, NFTs, and more.
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