Bitcoin Hyper (HYPER) is causing a stir as the layer-2 network that’s engineered to double up Bitcoin transactions speeds. Called jitosol, the project’s goal is to create faster and cheaper transactions by pairing Solana’s high-speed execution with Bitcoin’s deep security. The scope of this endeavor extends well beyond basic technical improvements. It brings a meme-fueled, community-minded energy to the cynical crypto landscape, helping to make the industry a more inclusive, inviting place.

What is Bitcoin Hyper?

Bitcoin Hyper is a Layer 2 Smart Contracts network based on Bitcoin. It addresses the problems of slow and expensive transactions that currently commonly affect the Bitcoin network. By harnessing the power of Solana’s execution engine, Hyper opens doors for applications that require real-time speed, sophisticated logic, and true scalability. To combat this, the project brings an original, community-based approach by tapping into the contagious potential of meme culture.

The main concept behind Bitcoin Hyper is to allow faster and cheaper Bitcoin transactions compared to alternative scaling solutions. This is made possible by our hybrid design that leverages Solana’s high-speed, low-cost transactions to quickly process each interaction as a transaction. All the while anchoring to Bitcoin’s base layer for security. This means users get the best of both worlds: speed and security.

How Bitcoin Hyper Works

With a multi-step process that allows transactions to be both swift and secure. Here’s a breakdown:

  1. Canonical Bridge: Users can transfer wrapped BTC to Bitcoin Hyper's Layer 2 network through a Canonical Bridge. This allows for instant transactions with near-zero fees.
  2. Solana's Execution Engine: The Solana execution engine enables applications that require real-time speed, complex logic, and massive scalability.
  3. Secure Settlement: Transactions are bundled and validated using zero-knowledge proofs. These are then committed back to Bitcoin, ensuring everything remains verifiable and decentralized.

This hybrid approach supercharges Bitcoin Hyper, allowing it to process more than 2,000 transactions per second (tps). That’s an incredible leap compared to Bitcoin’s paltry 7 tps! And it does so while keeping the decentralization and trustlessness features that Bitcoin has.

$HYPER Token and Presale Details

The $HYPER token is the very core of the Bitcoin Hyper ecosystem. It provides users with an opportunity to be a part of the network’s expansion while earning rewards for securing the network through staking.

A brand new presale just launched! This event provides first access to one Layer 2 solution that solves BTC’s speed and cost limitations. This moment has seen the project raise over $200,000 from participants staking over 16 million tokens at an average of $0.0116 per token. To reward early adopters, participants can stake their $HYPER tokens to earn more than 1,000% APY. For staking $HYPER tokens, the dynamic APY currently sits at 553%. Onboarding investors can stake their tokens right away for a colossal 556% APY.

The presale is pretty simple as it accepts ETH and BNB to buy $HYPER tokens. Each presale round is only intended to last for three days or until the supply of tokens for that round is depleted.

  1. Acquire Cryptocurrency: If you don’t currently hold any, acquire cryptocurrency from established exchanges like Coinbase, Binance, or Kraken.
  2. Connect Wallet: Choose your preferred wallet (e.g., MetaMask and Best Wallet) and connect it to the presale website.
  3. Authorize Transaction: Enter the amount you want to spend for the purchase and authorize the transaction.
  4. Select HYPER Quantity: Select your desired HYPER token quantity at the current $0.0116 price.

Bitcoin Hyper holds promise to make far-reaching positive effects on the Bitcoin ecosystem by covering some of its main drawbacks.

Staking $HYPER Tokens

  • High APY: Early adopters who purchase $HYPER tokens during the presale can access a 1,000% APY staking program.
  • Dynamic APY: The staking APY is dynamic, currently at 553%, and is expected to decrease as more investors join the pool.

Potential Impact on the Bitcoin Ecosystem

As the first taproot-based optimistic rollup Bitcoin Hyper embodies a completely new approach to scaling Bitcoin. This new project brings together Solana’s speed with Bitcoin’s security. It then layers on a community-focused twist to make it a more accessible, time-saving, engaging Bitcoin ecosystem. With an increased staking APY for early adopters, there is even more to encourage those interested to join the network.

  • Increased Adoption: By enabling fast and low-cost BTC transactions, Bitcoin Hyper could make Bitcoin more attractive for everyday use, potentially driving adoption and increasing its value.
  • Enhanced Functionality: The Solana execution engine opens up possibilities for more complex applications on the Bitcoin network, expanding its utility.
  • Community Engagement: The meme-powered community aspect could attract a broader audience to Bitcoin, fostering a more vibrant and engaged ecosystem.

Bitcoin Hyper represents an innovative approach to scaling Bitcoin. By combining Solana's speed with Bitcoin's security and adding a community-focused twist, it aims to create a more accessible, efficient, and engaging Bitcoin ecosystem. The high staking APY for early participants adds an extra layer of incentive for those looking to get involved.