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Breaking News: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
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Breaking News: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow

Toncoin’s Market Position Faces Threats from This Rising L1 Competitor

Bitcoinist
by Bitcoinist
Last Updated: October 5, 2024 1:53 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Both Toncoin (TON) and Bitgert (BRISE) are Layer 1 blockchain platforms designed to support decentralized applications (dApps), smart contracts, and various digital transactions. However, they have different features that set them apart. We believe Bitgert is a better investment choice than Toncoin. Let’s see why: 

Toncoin

  1. Market Presence: Toncoin has a market cap of approximately $14.88 billion, driven by a bullish sentiment of around 76%. Toncoin has gained traction following the launch of the Hamster Kombat token, which almost doubled its transaction volume.
  2. Use Cases: Toncoin supports peer-to-peer payments, staking, and governance. It’s recognized for its scalability and speed, making it suitable for decentralized finance (DeFi) and non-fungible tokens (NFTs).
  3. Consensus Mechanism: Toncoin utilizes a Proof of Stake (PoS) consensus model, where validators stake their tokens to secure the network.
  4. Price Outlook: Analysts predict Toncoin could reach $10 by the end of 2024, with potential growth to $43-$47 by 2025. 

Bitgert 

  1. Transaction Speed and Cost: Bitgert boasts a transaction speed of up to 100,000 transactions per second (TPS) with fees as low as $0.00000001 per transaction, significantly outperforming Toncoin in both speed and cost-efficiency.
  2. Consensus Mechanism: Unlike Toncoin’s PoS model, Bitgert operates on a Proof of Authority (PoA) model, which enhances efficiency and scalability by relying on trusted validators.
  3. Ecosystem Growth: Bitgert has developed an ecosystem that covers various sectors, including DeFi, NFTs, Web 3.0, and the Metaverse. Key products in the Bitgert ecosystem include:
    • Bitgert Chain: An EVM-compatible (Ethereum Virtual Machine) blockchain with extremely low gas fees.
    • BRISE dApp Wallet: Supports BRC20, ERC20, and BEP20 tokens for secure storage and transactions.
    • BRISE Swap: A decentralized exchange (DEX) positioned as an alternative to PancakeSwap.
    • BRISE Staking: Allows holders to stake tokens and earn BUSD rewards.
    • Audit Solutions: Utilizes AI technology and manual code review to enhance security.
    • Bitgert Bridge: Currently under development, this will facilitate asset transfers from BNB Chain to Bitgert Chain.

Why Bitgert is a Better Choice Than Toncoin

  1. Superior Speed and Cost: With its unparalleled transaction speed of 100,000 TPS and gas fees as low as $0.00000001, Bitgert offers a cost-effective solution that makes it more attractive for users, especially in high-volume transaction scenarios in DeFi.
  2. More Efficient Consensus Mechanism: Bitgert’s Proof of Authority model is more efficient and scalable than Toncoin’s Proof of Stake, enabling quicker transaction validation. 
  3. Market Sentiment and Future Outlook: Bitgert is not only expected to gain 200% in value in the near future but is also anticipating a major announcement that could positively influence its price and potentially position it ahead of competitors.

In conclusion, while Toncoin has demonstrated solid growth, Bitgert’s unmatched speed, cost efficiency, innovative ecosystem, and promising future outlook make it a better investment choice than Toncoin.

Grab your own $BRISE token at Gate.io, PancakeSwap, MEXC, and KuCoin!

Step 1: Register on the exchange

Step 2: Choose a payment method

Step 3: Buy $BRISE

Buy $BRISE on Bitgert website today. Visit bitgert.com.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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