Derived from 币界网, the Bitcoin Hyper project has raised $29.7 million in its presale, aiming to build a high-performance Layer 2 network on Bitcoin. The project combines fast, low-cost execution with Bitcoin's security, designed to drive real BTC usage within the network. It uses a canonical bridge to lock BTC on the main chain and circulate it on Layer 2, with HYPER tokens managing network operations. The project's structure is intended to expand Bitcoin's utility while maintaining its core role.
Bitcoin Hyper Project Rises to $29.7M with Layer 2 Focus
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Summary
The Bitcoin Hyper project has raised $29.7 million in its presale, aiming to build a high-performance Layer 2 network on Bitcoin. The project team is focused on combining fast, low-cost execution with Bitcoin’s security to drive real BTC usage. It uses a canonical bridge to lock BTC on the main chain and circulate it on Layer 2, with HYPER tokens managing network operations. The project structure is intended to expand Bitcoin’s utility while maintaining its core role.
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