A usina da moeda Bitgert: avaliando sua função no cenário criptográfico
A usina da moeda Bitgert: avaliando sua função no cenário criptográfico As the market for digital currencies moves through its ebbs and flows, new entrants like Bitgert coin have been catching the eye of the crypto crowd. Created in July 2021 and rebranded from BRISE in December of the same year, Bitgert positions itself as a pioneer of blockchain technology. Role of Layer 1 Blockchains Bitgert has taken advantage of this trend after getting a shout-out from big names such as Vitalik Buterin on the potential of Layer 1 blockchains over Layer 2 solutions. It is deployed on both Binance Smart Chain (BSC) and Ethereum Virtual Machine (EVM), which creates interesting opportunities for efficiency and scalability within blockchain technology. Technological Framework One thing that differentiates Bitgert from other cryptocurrencies is Bitgerts use of Proof-of-Authority (PoA) consensus mechanism. This method is known for being more efficient and having lower transaction costs compared to Proof-of-Stake (PoS) or Proof-of-Work (PoW) systems. In PoA models, transactions and block verifications are done by pre-approved network validators thereby leading to quicker processing times with less energy consumed. However, with this concentration control comes security issues among traditionalists within blockchain communities who might question trust. At present, BRC20 blockchain associated with Bitgert can