Cryptocurrency Presale for Hyper surpasses $4.6 million despite Bitcoin's present difficulties
Bitcoin Hyper, a groundbreaking Layer 2 solution for Bitcoin, is designed to address the cryptocurrency's scalability, high fees, and limited smart contract capabilities. Operating as a secondary layer on top of the Bitcoin mainnet, Bitcoin Hyper promises to revolutionise the way we interact with Bitcoin.
Integration of the Solana Virtual Machine (SVM)
One of Bitcoin Hyper's key features is the integration of the Solana Virtual Machine (SVM). This enables Bitcoin Hyper to process transactions much faster than Bitcoin's base layer, providing smart contract compatibility and supporting decentralized applications (dApps) such as DeFi, gaming, and NFT platforms.
Canonical Bridge with Bitcoin Mainnet
Users can transfer BTC into Bitcoin Hyper via a canonical bridge, receiving wrapped BTC that enables faster and cheaper transactions compared to Bitcoin's native blockchain. Unlike the Lightning Network, which is optimised for small transactions, Bitcoin Hyper's architecture handles payments of all sizes efficiently.
Significantly Improved Scalability
Bitcoin's base layer supports only about seven transactions per second with an average confirmation time around 10 minutes. Bitcoin Hyper enhances throughput exponentially, reducing settlement times to seconds and avoiding network congestion, thus enabling high-frequency use cases.
Smart Contract Support and Ecosystem Growth
By leveraging SVM and zero-knowledge rollups (ZK-rollups), Bitcoin Hyper unlocks full programmability for BTC holders, allowing staking, lending, borrowing, and building of fast smart contracts. This transformation potentially transforms Bitcoin into a Web 3.0 asset.
Lower Fees and High Speed
The Layer 2 framework drastically cuts transaction costs and increases speed compared to Bitcoin's layer 1, making payments and dApps more feasible and user-friendly.
Token Utility and Incentives
The native $HYPER token is used for staking (with annual yields over 150%), gas fees, governance, and development incentives, encouraging ecosystem participation and growth.
In summary, Bitcoin Hyper aims to outperform Bitcoin in scalability by vastly increasing transaction throughput and speed, supports smart contracts via Solana Virtual Machine integration (something Bitcoin layer 1 lacks), and lowers transaction fees through its Layer 2 architecture and bridging technology. This comprehensive approach potentially transforms Bitcoin into a more flexible and efficient blockchain for everyday use and decentralized applications.
Unlike Lightning and Stacks, Bitcoin Hyper supports full DeFi apps and programmable contracts. Bitcoin Hyper is one of several Bitcoin scalability solutions in the crypto market. The development roadmap for Bitcoin Hyper includes ecosystem expansion and integration into additional Web3 projects.
The first exchange listings for Bitcoin Hyper are planned for Q4. A disclaimer states that all information provided is for educational purposes only and does not constitute financial, investment, or trading advice.
Users can find more information on Bitcoin Hyper before the next presale stage, which will begin soon. The presale for Bitcoin Hyper has raised over $4.6 million, with early investors currently receiving an APY of 206%. Bitcoin Hyper serves as Bitcoin's Layer 2, Bridge, and security and settlement system, resolving Bitcoin's inherent issues and adding value through access to DeFi, dApps, and staking. Layer 2 transactions on Bitcoin Hyper are more cost-efficient compared to Bitcoin's on-chain fees.
As Bitcoin's price reaches $2.4 million, Bitcoin Hyper's advantages will become increasingly evident. Its 206% staking rewards make it likely for investors to hold onto their coins for a long-term investment. Bitcoin Hyper is a first SVM-powered Bitcoin Layer 2, a Layer 2 project that resolves Bitcoin's inherent issues and adds value through access to DeFi, dApps, and staking.
- Bitcoin Hyper's integration of the Solana Virtual Machine (SVM) allows it to process transactions faster and support smart contracts, which can be used for DeFi, gaming, and NFT platforms.
- Users can move their BTC to Bitcoin Hyper through a canonical bridge, enabling faster and cheaper transactions compared to Bitcoin's native blockchain.
- Bitcoin Hyper promises to enhance Bitcoin's scalability, reducing settlement times from minutes to seconds and handling payments of all sizes efficiently.
- By leveraging SVM and zero-knowledge rollups (ZK-rollups), Bitcoin Hyper provides full programmability for BTC holders, enabling tasks like staking, lending, borrowing, and smart contract execution.
- The Layer 2 framework significantly lowers transaction costs and increases speed, making payments and dApps more feasible and user-friendly.
- The native $HYPER token is used for staking, gas fees, governance, and development incentives, encouraging ecosystem participation and growth.
- Bitcoin Hyper's first exchange listings are planned for Q4, and it serves as a Layer 2, Bridge, and security and settlement system for Bitcoin, offering advantages like access to DeFi, dApps, and staking.
- As the price of Bitcoin rises, the benefits of Bitcoin Hyper, including 206% staking rewards, will become more apparent, making it a potentially attractive long-term investment.
