[00:01] Crypto. Welcome to a brand new video. Today I'm talking about Bitcoin Hyper. everywhere. I've covered it several times in my channel. The amount raised $28.53 million, and the pre-sale is running out
[00:15] fast. Now, this is the fastest Bitcoin layer to chain. Scalability and speed for Bitcoin are finally here. And you guys already know the drill. I mean, Bitcoin is the mother of all crypto, the biggest reserve of value that exists in
[00:27] the world. The digital gold of our times, but of course, it is not fast and it is not somewhere to do complex defy operations, staking, taxes, meme coins, payments, etc. This is something that Bitcoin isn't conceived for. And this is
[00:40] where Bitcoin Hypers layer 2 comes into play. Now, this layer 2 wants to Bitcoin. Payments, memecoins, all of transactions with almost no fees as well, which is huge. Just by depositing
[00:54] into a monitored Bitcoin address on Bitcoin's blockchain, you get the same amount of Bitcoin minted in the layer 2. Well, you can do all this crazy stuff, cheap, fast transactions, and whenever you want, you can simply withdraw back
[01:06] to Bitcoin's blockchain. So, that is how this layer 2 works. It's absolutely value to Bitcoin. As you can see, there's 368 buyers that joined in the last 24 hours, even while not being in
[01:19] we're starting to see a bounce in Bitcoin and things are starting to just chill for a moment before we may be going back again. I think this is kind good because if we launch in the absolute peak of the bull run, things
[01:33] are already saying, "All right, this is enough." enough. But if we launch in market conditions, you we actually have a more solid floor because people that not actually entering the pre-sale. So that's something that's good to know as
[01:47] well. So here we have a diagram of how Bitcoin layer 2 actually works. The first step is depositing Bitcoin into a designated Bitcoin address that's bridge. And when everything's verified, as I mentioned before, an equivalent
[01:59] Hypers layer 2 in a trustless manner. So this is 100% decentralized, which is great to know. Then we get to the layer 2 operation and this is where the craziness happens. You are able to send and receive Bitcoin on the layer 2 with
[02:12] DeFi operations, staking, decentralized Solana's virtual machine for high throughput and scalability. Now an insane amount of TPS, very efficient and very scalable. So that's honestly the
[02:25] this layer 2. The advancement in blockchain has led us here and this is a course, kind of adapted to Bitcoin, right? This is what they're doing here. Bitcoin hyper batches and compresses the layer 2 transactions. It utilizes zero
[02:40] validity and the state of the layer 2 is periodically committed to Bitcoin's layer 1 maintaining synchronization and security. So, that is great to know. The this is how the settlement and security is managed. So, in terms of withdrawing
[02:53] is as simple as initiating a withdrawal request on Bitcoin hypers layer 2. The system then verifies the layer 2 state and generates a proof for the canonical corresponding Bitcoin is released back to the user's Bitcoin address on layer
[03:05] 1. So that is how you can access the layer 1, how you can operate inside of are managed and how you can go back to Bitcoin's native blockchain. So that is pretty much how it works. Of course, if you have any questions, there is a
[03:18] biblical FAQ at the bottom of the website and there's also kind of a blog right here that you can check out and a section with more articles that I think is a little bit more advanced and it is amazing because here you can see what is
[03:30] the technical breakthroughs and what's going on in the latest Bitcoin hyper news section right here. So, pretty great to see as well. So for tokconomics guys, you have a 25% for treasury, 20% for marketing, 15% for rewards, 10% for
[03:44] listings, and 30% for development. Of course, uh developing a layer 2 takes up them for the development. And you can read the white paper right here as well. articles and just news about Bitcoin Hyper, Crypto News, Cryptonomist, Inside
[04:00] Bitcoins, Bitcoin.com, big names here. And how to buy is pretty simple. You the amount you want to purchase, and once the pre-sale ends, you're going to is pretty much it for this video, guys. Bitcoin Hyper is an amazing layer, too.
[04:13] It can add so much potential and open a wide spectrum of possibilities that were literally not thought of uh for Bitcoin. So, I think it's interesting to say the financial advice. Do your own research and never invest more than you can lose.
[04:26] this is just my opinion on a braille I find interesting. Having said this, like in this video, and I will catch you in the next one.