Bitcoin Hyper Tackles Ethereum's High Gas Fees with ZKPs
A new project, Bitcoin Hyper, is set to tackle Ethereum's high gas fees and scalability issues by leveraging Zero-Knowledge Proofs (ZKPs). This innovative approach promises to make DeFi accessible to everyday users again, as seen in 2021 when high fees priced out many.
Bitcoin Hyper frames itself as a Scalability Engine, aiming to provide affordable, scalable Web3 experiences without compromising security or excluding institutional adoption. It leverages ZKPs to verify proofs of transactions instead of every transaction individually, optimizing transaction efficiency and reducing fees significantly compared to the base layer of Bitcoin.
The project is built on the practical application of ZKPs, aiming to provide faster throughput, lower costs, and uncompromised security through models like zk-Rollups, zkEVMs, and recursive proofs. It leverages the Solana Virtual Machine and Zero-Knowledge Rollups for enhanced scalability, positioning itself as a scalability platform within the Web3 ecosystem.
Alternative Layer 1 blockchains like Solana, Avalanche, and Binance Smart Chain couldn't match Ethereum's security and network effect, leaving the scalability problem unsolved. Bitcoin Hyper seeks to fill this gap, offering investors exposure to the backbone of future Web3 adoption.
The project's whitelist offers early investors discounted entry pricing, guaranteed allocation, and exposure to the important Web3 narrative of scalability. Entering during the presale allows investors to position themselves at the foundation of the next crypto cycle, which is expected to be driven by scalability and privacy through ZKPs. Bitcoin Hyper promises to make DeFi accessible to all, not just whales, by solving Ethereum's scalability issue.
