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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Bitcoin Hyper Might Be the Solana of BTC  – But Still in Early Presale

ericdunne519
ericdunne519
3 months ago
4 mins read
Bitcoin Hyper Might Be the Solana of BTC – But Still in Early Presale

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Bitcoin faces a familiar problem. Transactions take forever and cost too much. While BTC remains the king of crypto, its technical limitations have pushed many users toward faster networks like Solana. 

The comparison to Solana isn’t random. Both networks prioritize speed and low costs, though they take different approaches to achieve these goals.

Now, Bitcoin Hyper claims to solve these issues with a Layer 2 solution that brings lightning-fast transactions and smart contract capabilities to Bitcoin. The project features a canonical bridge system, zero-knowledge proofs, and integration with Solana’s Virtual Machine. 

With over $300,000 already raised and the $HYPER token trading at $0.01175 during presale, this project is catching early attention.

Bitcoin’s Speed Problem Has a New Solution

BTC processes about seven transactions per second. That’s slower than most traditional payment systems. During busy periods, users might wait hours for confirmations while paying high fees.

Bitcoin Hyper tackles this through a Layer 2 approach. Users deposit their BTC to a monitored address on the main network. The system then mints an equivalent amount on the Layer 2 network, where transactions happen almost instantly. Think of it like moving money from a slow bank to a fast digital wallet, then moving it back when needed.

The technical foundation relies on Solana’s Virtual Machine. This choice brings proven high-throughput capabilities to Bitcoin’s ecosystem. Instead of building everything from scratch, Bitcoin Hyper borrows from Solana’s successful architecture.

Zero-knowledge proofs ensure transaction validity without revealing private details. The system batches multiple Layer 2 transactions together, then commits the final state back to Bitcoin’s main network. This maintains BTC security while enabling faster operations.

Smart Contracts Come to Bitcoin Territory

Bitcoin’s scripting language is intentionally limited. Complex applications require workarounds or completely different networks. Bitcoin Hyper changes this by enabling smart contracts and decentralized applications directly connected to BTC.

Users can stake their tokens, participate in decentralized exchanges, and interact with various financial protocols. These activities happen on the Layer 2 network with the security backing of Bitcoin’s main chain.

The system supports meme coins, which have become a significant part of crypto culture. While BTC’s base layer can’t easily handle these tokens, Bitcoin Hyper’s Layer 2 opens up this possibility. This could attract users who want Bitcoin’s security but also want to participate in newer crypto trends.

DeFi applications become possible through this setup. Users might lend, borrow, or provide liquidity using their Bitcoin-backed tokens. These operations happen quickly and cheaply compared to BTC’s main network.

Visit Bitcoin Hyper Presale

$HYPER Token Powers the Ecosystem

The native $HYPER token serves multiple purposes within the network. It pays for transaction fees, enables staking rewards, and provides governance rights for future decisions.

The tokenomics split resources across different areas. Development receives 30% of tokens, which reflects the technical complexity of building a Layer 2 solution. Treasury operations get 25%, while marketing claims 20%. Community rewards account for 15%, and exchange listings receive the remaining 10%.

Staking rewards currently offer high annual percentages, though these rates typically decrease as more users participate. The distribution happens at a rate of 199.77 tokens per Ethereum block over two years.

People who hold $HYPER tokens get a say in how the network develops. They can vote on things like technical improvements, what fees should cost, and which companies the project should partner with.

Early Presale Stage Offers Entry Point

Early Presale Stage Offers Entry Point

The $HYPER token remains in presale phase. It means the network hasn’t launched publicly yet. This creates both opportunity and risk for potential participants.

Presale participants can stake their tokens immediately after purchase. The system allows combined buying and staking in a single transaction, which simplifies the process for users. Staking rewards begin accumulating right away, though claiming requires waiting for the network to go live.

The project accepts various payment methods, including card payments and crypto wallet connections. Mobile wallet users can connect directly through browser extensions or dedicated apps.

The presale has already brought in more than $300,000 from early backers. This money goes toward building the platform, paying for security checks, and getting the word out before launch.

The presale operates on a time-limited basis, though specific end dates aren’t firmly set. High demand could close the presale earlier than planned, which creates urgency for interested participants.

Getting Started with Bitcoin Hyper

Those interested in participating can visit the official Bitcoin Hyper website to connect their wallets. The current presale price stands at $0.01175 per $HYPER token. 

The platform supports both direct purchases and combined buy-and-stake transactions for immediate reward accumulation. Payment options include cryptocurrency from connected wallets or card payments through supported processors.

VISIT THE BITCOIN HYPER COMMUNITY 

Website    |    X  (Twitter)    |    Telegram

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ericdunne519
ericdunne519

ericdunne519

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

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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