Bitcoin’s problems aren’t exactly new. It’s been stuck at about 7 transactions per second forever, and fees skyrocket when the network gets busy. Bitcoin Hyper tackles these issues head-on.
The way it works is straightforward. You deposit BTC to a special address that Bitcoin Hyper monitors. Their system verifies everything, and you get equivalent BTC on their Layer 2 network.
Once your crypto is on their network, you can send and receive it almost instantly. No more waiting for confirmations. And the fees? Way cheaper than the main Bitcoin network.
Bitcoin Hyper batches transactions and uses zero-knowledge proofs to keep everything secure. Then they periodically sync back to the main Bitcoin blockchain.
What’s really interesting is how Bitcoin Hyper leverages Solana’s Virtual Machine (SVM) technology. This gives them the horsepower to handle complex DeFi operations that the main Bitcoin network simply can’t support.
Think of all those Ethereum-style applications – staking pools, lending platforms, decentralized exchanges – now potentially running on Bitcoin’s ecosystem. That’s a pretty big deal for Bitcoin users who’ve been watching from the sidelines as other blockchains run with these innovations.
