Contents:

What is Brise Chain?

By:
Paul Sazan
| Editor:
|
Updated:
July 18, 2024
|
5 min read

Bitgert is shaking up the blockchain game with its low-cost transaction model and lightning-fast speed. Let's break down what makes Bitgert a standout in the crowded blockchain scene. 

Introduction to Brise Chain

Bitgert rolled out its own blockchain network, the Brise Chain, back in February 2022. This network uses a "proof of authority" (PoA) system to validate transactions quickly and securely. Since its debut, Brise Chain has handled a ton of transactions and gained a solid user base.

Transaction Speed and Capacity

What really sets Brise Chain apart is its lightning-fast transaction speed and capacity. The network can handle up to 100,000 transactions per second (TPS), making it one of the speediest blockchains out there. This high capacity is crucial for running various decentralized apps smoothly.

These features make Brise Chain a go-to choice for developers and users who need a high-speed blockchain. Despite some initial doubts and controversies, Bitgert's blockchain keeps growing and changing, offering something special in the crypto world.

BRISE Cryptocurrency Insights

Price History and Performance

BRISE, the native cryptocurrency of the Bitgert Chain, has had its fair share of ups and downs. It started at a jaw-dropping $0.000000000001 and hit a high of $0.000001605 on March 6th, 2022. Fast forward to July 2024, and BRISE is trading at about $0.0000001335 showing to holders their position in this wild crypto market. 

The rollercoaster ride of BRISE's price is influenced by several factors, like the Bitgert blockchain framework, which uses a PoA Consensus model, smart contract capabilities, and the Bitgert Startup Studio.

Tokenomics and Buyback Policy

BRISE's tokenomics and buyback policy are key to its market behavior. Initially launched as a token on the BNB Chain, BRISE later became a native cryptocurrency on the Bitgert Chain. This shift included a buyback program to swap out the BSC-based BRISE for the native version.

Key aspects of BRISE's tokenomics include:

  • Maximum Supply: Over 400 trillion tokens
  • Current Price: $0.0000001335 (as of July 15, 2024)
  • Fully Diluted Valuation: $65 million

The buyback and burn policy aims to cut down the total supply of BRISE tokens, which could boost their value over time. You can stake BRISE on both the BSC and Bitgert Chain and earn BUSD rewards.

The buyback policy and staking rewards are part of Bitgert's bigger plan to pump up the utility and value of BRISE. 

Mainnet Launch Details

March 2022 was a big month for Bitgert, marking the launch of its mainnet. This wasn't just another day in crypto land; it was a game-changer. The Bitgert Chain, previously known as Bitrise, now supports smart contracts and hosts a variety of projects, from NFTs to DeFi, metaverse, and web3 applications. It's built for interoperability, featuring two major bridges: Multichain and IcecreamSwap.

The BRISE token is the lifeblood of the Bitgert blockchain. It's mainly used for staking and paying gas fees. The tokenomics are designed to keep the ecosystem humming, making sure BRISE stays useful and valuable.

Bitgert's Big Move and Why It Matters

BRC20 Blockchain Switch

In 2022, Bitgert took a leap from the BNB Chain to its own BRC20 blockchain. This wasn't just a change of address; it was a game-changer. The switch aimed to make crypto trading smoother and cheaper for everyone. With near-zero gas fees and super-fast transactions, Bitgert made trading a breeze.

The BRC20 blockchain can handle over 25 million transactions, proving it's built to last. It supports more than 600,000 users, making it a strong contender in the crypto world. The almost-free gas fees, with transactions costing a tiny $0.00000001, have been a big hit with traders and investors.

Bitgert's move to the BRC20 blockchain and its impressive numbers show it's making waves in the crypto scene. With a solid network, almost-free transactions, and a growing fan base, Bitgert is catching the eye of investors and traders everywhere. The founder(s) are anonymous, and the project's still evolving. But that's part of the thrill, right?

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