The Bitcoin main chain can only process about 7 transactions per second, limiting its further development in the fields of payments and applications. In addition, the high transaction fees during peak periods and the lack of smart contract functionality have restricted the flourishing of the DeFi and DApp ecosystems. Bitcoin Hyper solves these issues through Layer 2 scaling methods, providing near-instant transaction confirmations and low fees.
Solana Virtual Machine (SVM) as the execution engine allows smart contract execution speeds to even surpass native Solana, supporting rapid development of high-performance applications using the Rust language. Canonical Bridge is the bridge connecting the Bitcoin main chain and Layer 2, enabling users to lock BTC and obtain the corresponding Layer 2 tokens (such as Wrapped BTC), facilitating decentralized financial operations, and allowing users to withdraw back to the main chain at any time.
$HYPER is the native token of Bitcoin Hyper, primarily used for paying transaction and contract execution fees, participating in staking to earn annual rewards, unlocking DApps and premium services, and serving as funding for ecosystem development and governance. The total supply of this token is 21 billion coins, fairly issued through a public presale, with no private placements or reservations.
Bitcoin Hyper is progressing as planned:
Through these stages, Bitcoin Hyper is expected to become a representative project in the Bitcoin Layer 2 space, giving Bitcoin new vitality.
Bitcoin Hyper not only enhances the usability and scalability of Bitcoin but also propels it into the era of smart contracts and diverse applications. With the maturation of technology and the expansion of the ecosystem, its market influence will continue to strengthen.
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