Why fix what isn’t broken? With Bitcoin gaining strength at $121.5K and money continuing to pour into Bitcoin ETFs and Bitcoin treasuries, why has a new crypto presale built on Bitcoin raised over $9.5M so far?
Bitcoin Hyper’s early success isn’t due to any impending Bitcoin collapse. The OG crypto trades at $121.5K as of writing, and is up over 4% over the past week.
But Bitcoin Hyper looks beyond Bitcoin’s price action. As a Layer-2 solution, $HYPER aims to overcome the network’s limitations and expand its utility – potentially unlocking unprecedented opportunities.
Bitcoin’s resilience as a store of value is undisputed, but technical limitations remain. The same structure – regular, limited block production and proof-of-work consensus – that made Bitcoin into such a strong store of value also limits how quickly it can adapt to changes in the crypto economy.
Bitcoin averages around 7 transactions per second. Impressive enough in the early days of crypto, but surpassed quickly by Ethereum’s average of 20-30 TPS.
Bitcoin, like all blockchains, is built on smart contracts.
That simplicity was intentional – Bitcoin’s simple scripting language prevents complex dApps and minimizes bugs and potential attacks. The challenge for any Bitcoin successor is preserving Bitcoin’s strengths while adding modern functionality.
The answer? Build another layer on top of Bitcoin’s Layer 1.
Key features include:
Bitcoin Hyper separates smart contract execution from settlement. Contracts run on the SVM for speed and scalability, enabling DeFi, token issuance, and micro-payments at low cost – and taking advantage of Solana’s ability to settle thousands of transactions per second.
However, as the Bitcoin Hyper whitepaper explains, the final settlement occurs on Bitcoin’s Layer 1, benefiting from its security and stability.
This modular approach blends Bitcoin’s trust model with Solana-level performance, creating an ecosystem where advanced applications can thrive without sacrificing network integrity. Even more importantly, it combines advanced scalability with Bitcoin’s hyper-reliable architecture.
Depositing BTC into the canonical bridge issues wrapped BTC on Hyper’s Layer 2, ready for staking, DeFi, and other uses. Moving $BTC back is a simple reversal.
With Hyper, the new world of Bitcoin utility becomes possible.
If you’re a developer, there are even more options – from NFT markets to yield farms and meme coins on Bitcoin-powered infrastructure.
As always, we recommend that you do your own research; this isn’t financial advice.