Slow transaction speeds, frequent congestion – rock-solid reliability. Bitcoin – the blockchain, not the crypto – has some limitations. Even though the cryptocurrency sits at $113.5K, up 2% over the past week, the underlying network struggles with scalability issues.
There is hope for the future with the Bitcoin Hyper Layer 2 launch, providing a faster and cheaper way to make Bitcoin transactions.
The First and Fastest Bitcoin Layer 2
Bitcoin Hyper ($HYPER) positions itself as the first real Bitcoin Layer 2, aiming to make $BTC fast and cheap for everyday use while preserving Bitcoin-grade security. The network runs an SVM (Solana Virtual Machine) execution environment, providing extremely high throughput, but settles its batched state back to Bitcoin Layer 1 using zero-knowledge (ZK)