The Bitcoin Hyper ($HYPER) presale continues to warmth up, with whales shopping for $64K value of $HYPER tokens over the previous weekend. This noticed the undertaking elevate over $16M on its ongoing fundraiser.
As a Layer 2 undertaking, Bitcoin Hyper ($HYPER) has the potential to rework the Bitcoin ecosystem and make transactions quicker and cheaper, whereas increasing $BTC’s utility.
Bitcoin’s Want for Velocity, Low-Value and Flexibility
Bitcoin ($BTC) has been altering the world of finance ever since its launch in 2009. Whereas initially seen as a extremely speculative and dangerous funding, it has gained legitimacy amongst establishments.
In actual fact, funds and public corporations now personal roughly 12.3% of all bitcoins. With the quantity of $BTC capped at 21M, that interprets to about 2.5M owned by these organizations.
But, regardless of all the excitement, Bitcoin has just a few drawbacks.
The chain’s simplified script makes Bitcoin one of the crucial safe cryptocurrencies. Nonetheless, it limits Bitcoin from being utilized in extra superior purposes, equivalent to good contracts, dApps, DeFi protocols, and NFTs.
What’s extra, the chain can solely deal with as much as seven transactions per second (TPS). In distinction, common chains like Ethereum and Solana can deal with as much as 119.1 TPS and 65K TPS, respectively. This results in congestion, which in flip makes Bitcoin transactions costly.
Bitcoin Hyper to the Rescue
Whereas updating Bitcoin’s code might make it quicker and extra scalable, this might come at the price of its safety.
This reluctance to fiddle with Bitcoin’s base layer could also be why buyers wish to Bitcoin Hyper ($HYPER) for an alternate resolution.
Bitcoin Hyper goals to create a Bitcoin Layer 2. This may function a quick lane to Bitcoin’s congested freeway. By bringing your $BTC over to the L2, you’ll be capable of get pleasure from quicker and cheaper transactions, and use your sats for staking, interacting with dApps, and different purposes.
Right here’s how the L2 will work as soon as launched:
Unlocking Bitcoin Hyper’s Advantages with the $HYPER Token
Powering Bitcoin Hyper is its native $HYPER tokens.
Investor curiosity on this presale is rising, with whale buys value over $64K pouring on this weekend, sending the full elevate to over $16M.
When the L2 launches, holders can use $HYPER for fuel charges. They’ll additionally get pleasure from unique options and governance rights.
In the meanwhile, you should purchase tokens on the official Bitcoin Hyper presale web page or by way of the Greatest Pockets app.
When you’re on the web site, merely join your crypto pockets to the presale widget, after which purchase $HYPER utilizing your credit score/debit card or crypto.
There’s lower than two days left till the following worth improve, although, so it’s greatest to behave shortly.
Staking your tokens is an alternative choice if you wish to earn passive rewards. In return, you’ll obtain 71% p.a. in staking rewards.
For extra data on becoming a member of the presale, take a look at our web page on find out how to purchase Bitcoin Hyper.
Issues can get even higher when Bitcoin Hyper ($HYPER) launches, as its Layer 2 can probably turbocharge the Bitcoin ecosystem simply as adoption swells to new highs.
Get forward of the curve — be a part of the Bitcoin Hyper presale right now.
Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/bitcoin-hyper-presale-raises-16m/
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