[00:01] Crypto. Welcome to a brand new video on Bitcoin Hyper. This is a crypto pre-sale They're building an amazing Bitcoin tool layer. I think you definitely want to hear everything about this one. So, make sure you stick until the end of this
[00:13] well. Turn on notifications so you don't miss any of my upcoming videos. And so this is Bitcoin Hyper. Now, this is a crypto pre-sale that's been going on for somewhere because the marketing is absolutely crazy. They are everywhere.
[00:29] market conditions, it's even beneficial because we are not going to be seeing a launch when there is a lot of hype and people are just going to get some profits and leave. I think this is positive overall short-term pain for
[00:42] worth it. It's a very good moment to consider projects like this. This is fastest Bitcoin layer 2 chain. Scalability and speed for Bitcoin are finally here. Now, Bitcoin is amazing. It's obviously the king of crypto, the
[00:55] ethos of decentralization. And I think that's obvious. But this is a project that is building on top of that. So that's what's cool about it because they ecosystem, right? They are building in Bitcoin. They are just creating a copy
[01:09] faster, and that allows so much cool thing to happen inside of it. So this is basically what a layer 2 is. Whether it's for payments, for memecoins, for currently not happening inside of Bitcoin's blockchain and it's going to
[01:22] be happening thanks to Bitcoin Hyper. So, how it works is pretty simple. First of all, you get the bridge. So, user deposits Bitcoin to a designated Bitcoin Hypers canonical bridge. Then, the Bitcoin relay program and SVM smart
[01:35] contract verifies Bitcoin block headers and transaction proofs. Basically, just Upon successful verification, an equivalent amount of Bitcoin is minted on Bitcoin Hypers layer 2 in a trustless manner. No centralization, nobody
[01:48] controlling this process. This is as simple as it gets. This is how you are send Bitcoin to a designated address hypersconical bridge. So if it's one bitcoin, you send one bitcoin to an
[02:00] address specific address. It's given to you and then once everything's verified, you get the same amount in the layer 2. So you'd get this one bitcoin minted in the layer 2. So every single bitcoin that is in the layer 2 has been sent to
[02:13] this is where the fun starts. You are already in the layer 2 with one bitcoin. Normally you'd have to wait so much time for a transaction to go through. So much you are able to have near instant finality while it's insanely cheaper as
[02:28] well. Now it's a win-win. You want daily operations whether it's staking decentralized exchanges complex defy operations. I mean, whatever you want to do with your Bitcoin so you are not missing out on the long-term
[02:41] appreciation of this amazing asset. This is where the layer 2 can shine. And I'm not talking about just millions. I'm talking about hundreds if not thousands right there. If this is successfully
[02:54] turning just that passive asset that you're having in your cold wallet to right? Not just spend and throw away, but use it and benefit from the of settlement and security, Bitcoin hyper batches and compresses layer 2
[03:07] knowledge proofs to ensure transaction validity. The state of the layer 2 is 1, maintaining synchronization and security. So, this is a pretty amazing way of making sure everything's secure and safe. What if you want to go back to
[03:21] Bitcoin back? Well, it's as simple as initiating a draw request in the layer 2. The system then verifies the layer 2 state and generates a proof for the canonical bridge. And upon validation, the corresponding Bitcoin is released
[03:34] back to the user's Bitcoin address on layer 1. So that is how simple it is to go back and from the layer 2. You can read the white paper to get a full breakdown of how it works. But I think this is a pretty fair explanation of how
[03:46] Now, as I mentioned before, this token is in pre-sale one hyper equals is in pre-sale one hyper equals 0.013575. still in pre-sale stage. The total amount raised is $30.39 million right
[04:01] now. And you can purchase with Ethereum, Salana, USDC, USDT card, and BNB. So for everyone. So keep that in mind. You can see right here this popup. 277 buyers have joined in the last 24 hours. So that's pretty crazy to be honest.
[04:16] Again, these are rookie numbers if we consider what this could become if it is people out there. That is pretty much it for this video, guys. As always, this is your own research. I think it's amazing and definitely worth at least some
[04:30] this guys, that is pretty much it. Take care and I will catch you in the next care and I will catch you in the next one.