Technological Power and Scalability
When it comes to pure tech, Bitgert is hard to ignore. Its blockchain design is capable of handling 100,000 transactions per second (TPS), with almost zero gas fees. That’s lightyears ahead of Ethereum, which, despite its recent upgrades, still manages only around 15-30 TPS.
Even after Ethereum’s Proof of Stake (PoS) upgrade (Ethereum 2.0), it struggles with high gas fees. Meanwhile, Neiro, as an ERC-20 token, is stuck with Ethereum’s limitations, making it less efficient for everyday use. In comparison, Bitgert’s Proof of Authority (PoA) model not only speeds things up but also slashes transaction costs to just $0.0000001 per transaction.
Community Governance and Decentralization
Bitgert runs on a decentralized autonomous organization (DAO) model, giving users a direct say in important decisions. In practice, while Ethereum is decentralized in theory, it is led by its core development team and larger stakeholders, leading to a more top-down structure.
Neiro boasts a strong, meme-fueled fanbase, but this leaves its value vulnerable to the latest trends and speculation. Neiro was built in commemoration of the Shiba Inu dog and has seen good growth, but it is currently down 84% from its all-time high (ATH).
Real-World Use Cases
Bitgert’s ecosystem includes products like:
- Bitgert.Exchange
- PayBrise
- Bitgert Startup Studio
These products work towards real-world adoption, with 47 million transactions completed so far on Bitgert’s blockchain, demonstrating its growing utility. Its compatibility with the Ethereum Virtual Machine (EVM) also makes it easy for Ethereum projects to migrate over to Bitgert.
In contrast, Neiro has yet to prove any lasting real-world utility.
Market Performance
When it comes to numbers, Bitgert has been on a tear. It saw a 290.40% increase in early September 2024, far outpacing Ethereum’s 13.65% growth and Neiro’s 92.56% surge. Bitgert’s market cap has been between $31-33 million, giving it plenty of room to grow compared to Ethereum.
This underdog status could make it a great risk-reward bet for those willing to take a chance. Meanwhile, Neiro remains a speculative play, with its value driven almost entirely by meme-coin hype.
Final Thoughts
In summary, Ethereum will always have its place as a crypto giant thanks to its massive ecosystem and first-mover advantage. However, it struggles with scaling and gas fees, which give newer competitors like Bitgert room to thrive.
While Neiro may deliver short-term gains due to meme-coin hype, it lacks the technological and real-world backing necessary for sustainable long-term growth.
This leaves Bitgert in a sweet spot, combining cutting-edge tech, active community participation, and real-world use cases, making it one of the most exciting projects to watch in 2024.
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