What is Bitgert (BRISE)?
Bitgert (BRISE) focuses on blockchain solutions for the metaverse, NFTs, and decentralised finance (DeFi). The goal is ultimately to use blockchain technology to improve the greater user experience, reduce fees, and provide lightning-fast transactions.
What initially began as Bitrise on the Binance Smart Chain has since rebranded and established its own network. Using the unique Proof-of-Authority consensus, validators work to support the network, providing minimal fees and speeds capable of handling 100,000 transactions per second.
Who are the founders of Bitgert (BRISE)?
One of the most unique things about Bitgert is that no one knows who the founder is. This is not uncommon – we still do not know the true identity of Bitcoin’s founder – but has raised some concerns about the validity of the blockchain and the future of the project.
For some time, the founders claimed they would reveal their identities but have yet to do so. Sources have stated that “Gert Sanem” is the founder, but names listed on the website haven’t been verified through LinkedIn. For now, the identity of Bitgert’s creator(s) remains unknown.
What Makes Bitgert (BRISE) Unique?
Bitgert has really evolved since becoming its own independent blockchain. One of its major projects is the Bitgert Startup Studio, which supports crypto startups through smart contract-driven token sales. With low fees and some of the fastest chain speeds, Bitgert has what it takes to become a frontrunner in future blockchain development.
Unfortunately, uncertainties make Bitgert unique as well. Not having the identity of the founders, not to mention the authenticity of the announced charitable plans of the project team, has drawn scrutiny.
The thought is that Bitgert has unlimited potential. It has the capabilities and services to continue its expansion, moving past the boundaries of the traditional blockchain space. The Bitgert Startup Studio aims to become a space for crypto innovation, inviting developers to build their apps on the Bitgert network. With ultra-low transaction fees, not to mention the potential for up to 100,000 transactions per second, there is a lot of appeal to using the Bitgert network.
How Many Bitgert (BRISE) Coins Are There in Circulation?
One of the more important aspects of any crypto token is its total circulation. The total circulation of BRISE is 1 quadrillion tokens. Currently, there are more than 396 trillion BRISE tokens in circulation, providing a fully diluted valuation of roughly $49.33 million.
How is the Bitgert Network secured?
Bitgert’s network is secured through the proof-of-authority (PoA) protocol. In order to make the network go, a number of validators are determined from a pool of stakers. Stakers put up some of their holdings in BRISE as a means to deter problem characters while providing incentives for helping upkeep the network.
Using the PoA system, the Bitgert blockchain works extremely fast and has some of the lowest transaction fees in the industry. Validators that have the most stake ultimately become the more prominent validators, adding new blocks to the Bitgert network. There is also a double signature detection measure in place that prevents malicious activities from happening on the network.
Bitgert Ecosystem
For the most part, the Bitgert ecosystem is limited. Token holders have the potential to participate as a validator, for example. Bitgert’s token can also be used when it comes to the settlement of cross-border transactions. Given the ultra-low decentralised network fees, Bitgert can be quite appealing for executing those cross-border transactions.
Like many other crypto projects, Bitgert is home to a number of decentralised applications (dApps). Though this is still something of a development, the hope is that Bitgert can become home to a number of prominent decentralised applications in the near future. Another unique aspect of the Bitgert ecosystem involves free smart contract audits. This encourages developers to bring their projects to the blockchain.
FAQs
How does Bitgert work?
Built on the BNB Chain, the BRISE Chain offers high-speed cross-chain transactions with virtually zero gas fees. Using the Proof-of-Authority (PoA) consensus, block creations are near instant. Validators work to add new blocks and validate transactions on the chain. It also has a unique double signature detection in order to prevent potential malicious activities. At its peak, the Brise Chain is capable of handling about 100,000 transactions per second.
What is the history of Bitgert?
Bitgert was initially launched as part of the Binance Smart Chain (BSC) in July 2021. It was known as Bitrise at that stage, though it did rebrand to Bitgert in December 2021. By February 2022, Bitgert managed to launch its own blockchain, called the Brise Chain. Bitgert also operates with the Ethereum Virtual Machine (EVM), making it compatible to launch projects on either the Ethereum blockchain or other EVM-based chains.
What are the potential use cases for Bitgert?
The use cases of Bitgert are relatively slim. For starters, the token can be used as an incentive for staking. Validators on the network are in charge of approving transactions and block creation, promoting the safety of the network. Bitgert also looks like it can be used for the settlement of cross-border transactions as part of the low-fee decentralized Bitgert network.
What is the highest and lowest price for Bitgert (BRISE)?
Like many other cryptocurrencies, BRISE achieved its lowest all-time price during the crypto crash of 2021. On September 9, 2021, BRISE hit its low of $0.0000000006165 per token. At its all-time high, BRISE was trading at $0.00000185 per token.
What is the fully diluted valuation of Bitgert (BRISE)?
The fully diluted valuation of a token is determined by taking the maximum supply of a token and multiplying it by its current market value. Currently, BRISE trades at roughly $0.00000005 per token. With a total supply of 100 trillion BRISE tokens, that puts the fully diluted valuation of BRISE at about $49.33 million.
How does network consensus and validation work on Bitgert?
In order to achieve a network consensus and to validate transactions on the network, Bitgert uses a proof-of-authority concept. Through this process, blocks and transactions are ultimately validated by validators. These validators are vetted, earning rewards for validating transactions and adhering to rules of the blockchain.
How to store BRISE
The key to investing in any cryptocurrency, not just BRISE, is to have a wallet you can trust. There are hardware wallets (which are better for long-term storage) and mobile wallets for more frequent use. Make sure that you securely store your seed phrase and use a wallet provider that has a proven reputation.
How to invest in Bitgert?
If you’re interested in investing in Bitgert, the process is quick and easy. Do your research and find an exchange that offers BRISE as an option. You will need to create a wallet, whether it is on the exchanged or “cold” storage. There are alternative investment strategies like trading or joining the staking programme on Bitgert’s blockchain.
How to buy Bitgert?
Buying Bitgert is relatively straightforward. You can generally only get BRISE through an exchange, be it a centralised exchange or a decentralised exchange. You will need to create an account, deposit funds, and go through the trading section of one of these exchanges in order to place an order.
How to sell Bitgert?
There are a few ways to sell your holdings in Bitgert. Using a cryptocurrency exchange that offers BRISE is probably the best way. You can also use a crypto converter service like Guardian or Changelly to convert your Bitgert to another cryptocurrency or fiat currency.
Is Bitgert a good investment?
Bitgert is extremely speculative. Though it has had something of a recovery in recent years, there are a lot of unknowns revolving around the project. Because it has no utility, there is limited potential for BRISE in the near future.
What is the BRISE price prediction?
The general outlook for crypto is focused on the year 2030. For BRISE, things look to improve substantially by then. Currently trading at $0.00000005 USD, experts anticipate BRISE being at roughly $0.000000270 per token to begin 2030 and roughly $0.000000380 by the end of the year.
How do I convert Bitgert (BRISE) to cash?
Bitgert (BRISE) can be converted to cash using one of the many conversion tables available. 0.5 BRISE is equivalent to $0.00000002 USD. Keep in mind that as BRISE shifts in value, that conversion can change.
