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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin Hyper Unlocks Fast and Cheap BTC Transactions; Presale Raises $100,000

ericdunne519
ericdunne519
1 month ago
4 mins read
Bitcoin Hyper Unlocks Fast and Cheap BTC Transactions;

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Bitcoin Hyper launches as a Layer 2 solution to address Bitcoin’s speed and cost limitations. The project offers near-instant Bitcoin transactions through a system that bridges Bitcoin’s main chain with a high-throughput second layer.

With a presale price of $0.0115 per $HYPER token, the project claims to deliver 6,000% annual rewards for stakers. Bitcoin Hyper uses Solana’s Virtual Machine for processing transactions and combines Bitcoin’s security with faster execution speeds.

The $HYPER token powers the ecosystem and allows staking, governance, and transaction fees on the platform. Early investors can participate in the presale with crypto or card payments.

What is Bitcoin Hyper?

Bitcoin Hyper operates as the first Bitcoin Layer 2 network built to solve Bitcoin’s two major problems: slow transactions and high fees. It creates a parallel processing system that works alongside Bitcoin’s main blockchain while maintaining security connections to it. The technology uses a Canonical Bridge to monitor Bitcoin deposits and mint equivalent BTC on its Layer 2 environment in a trustless manner.

This Layer 2 setup uses Solana’s Virtual Machine (SVM) architecture to process transactions much faster than Bitcoin’s native chain. When users send Bitcoin to the designated address, a smart contract called the Bitcoin Relay Program verifies the transaction and creates an equivalent amount on Layer 2. Users can then transact with near-instant finality at minimal cost.

Beyond simple transfers, Bitcoin Hyper supports more complex applications like staking, decentralized exchanges, and DeFi operations directly built on Bitcoin’s ecosystem. 

The system batches and compresses multiple Layer 2 transactions that use zero-knowledge (ZK) proofs to validate them while periodically synchronizing with Bitcoin’s Layer 1 blockchain.

The project positions itself among other Layer 2 frameworks like Lightning Network, Optimistic Rollups, ZK-Rollups, and sidechains, but claims advantages through its SVM implementation and Bitcoin-focused approach. Users can withdraw their Bitcoin back to the main chain whenever needed through a verification process that maintains asset security.

Bitcoin Hyper combines several technical elements to deliver its core functionality

What are its features?

Bitcoin Hyper combines several technical elements to deliver its core functionality. The system’s four-stage architecture starts with a bridging mechanism that monitors Bitcoin addresses through its Canonical Bridge. This bridge verifies Bitcoin block headers and transaction proofs to maintain secure connections between both networks.

On the Layer 2 side, transactions occur with virtually instant confirmation. The system handles sophisticated DeFi transactions such as staking protocols and decentralized exchanges, which would be impossible on the main Bitcoin chain because of speed constraints and cost.

In terms of security, Bitcoin Hyper employs zero-knowledge proofs to confirm the validity of transactions without exposing sensitive data. The platform periodically commits its Layer 2 state back to Bitcoin’s main blockchain.

The withdrawal process lets users move assets back to Bitcoin’s main chain through proof generation and validation through the Canonical Bridge. Once verified, the corresponding BTC returns to the user’s original Bitcoin address on Layer 1.

Bitcoin Hyper claims to address limitations that have prevented Bitcoin from supporting applications beyond basic transfers. By allowing fast, low-cost transactions while maintaining Bitcoin’s underlying security model, it aims to expand Bitcoin’s utility for payments.

HYPER tokenomics

HYPER tokenomics

The $HYPER token distribution follows a structured allocation plan across five key areas. Development receives the largest share at 30% which will fund the ongoing technical advancement of the Bitcoin Layer 2 network. This allocation supports the engineering team’s efforts to improve speed and functionality over time.

Treasury holds the second-largest allocation at 25%, designated for business growth and community initiatives. These funds serve as reserves for partnerships, ecosystem expansion, and unforeseen operational needs as the platform scales.

Marketing receives 20% of the token supply that covers both paid and organic promotion strategies. This portion funds campaigns targeting major cryptocurrency markets globally.

Community rewards account for 15% of tokens. This is mainly earmarked for staking incentives and promotional giveaways. This allocation creates the foundation for the staking program that offers 6,000% annual percentage yield.

The final 10% supports exchange listings, which will provide liquidity and fund the requirements for adding $HYPER to trading platforms.

How to join HYPER presale?

The Bitcoin Hyper presale offers $HYPER tokens at an entry price of $0.0115 each. Currently, participants have staked HYPER tokens and are earning free rewards.

Purchasing $HYPER follows a four-step process. First, investors need cryptocurrency from their preferred exchange, with recommendations for Best Wallet or MetaMask if they lack a compatible wallet. Second, they visit the Bitcoin Hyper presale page and connect their wallet to initiate the transaction process.

In the third step, buyers select their desired token amount and can choose the “Buy and Stake” option to immediately place their tokens in the staking program. The fourth step provides an alternative payment method for those without cryptocurrency. This allows card payments through mobile wallets or browser extensions.

Join Bitcoin Hyper Now

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ericdunne519
ericdunne519

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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