Frequently asked questions
FAQ
15 questions across the main categories.
Disclaimer: These answers are provided for informational purposes only. They do not constitute financial advice. Full disclaimer.
Frequently asked questions
15 questions across the main categories.
Bitcoin Hyper is a Bitcoin Layer 2 rollup that uses the Solana Virtual Machine (SVM) as its execution environment for fast, low-cost smart contracts, anchored to Bitcoin’s security.
Bitcoin (L1) is the base layer: slow (~7 TPS), secure and non-programmable. Bitcoin Hyper is a layer on top of Bitcoin: fast and programmable (SVM smart contracts), but with additional trust dependencies (sequencer, bridge). Ultimate security remains anchored to Bitcoin.
The SVM allows parallel execution thanks to the Sealevel runtime: transactions that touch different accounts run simultaneously, whereas the EVM is serial. The result is higher throughput on equivalent hardware. In addition, the many Solana developers (Rust + Anchor) can port their programs to Hyper with minimal changes.
As at 28 April 2026, Bitcoin Hyper is in a devnet phase with selective access. SVM programs run natively, the explorer is live, and SPL tokens, basic DeFi and multi-signature setups have been tested. The Canonical Bridge is in testing on devnet. Mainnet and public audits are not yet available.
The original whitepaper estimated Q4 2025–Q1 2026. At the time the book was published (28/04/2026) the mainnet was not yet live. The most credible estimate, taking the remaining milestones into account (audits, bridge, forced exit, data availability), is Q3–Q4 2026, but this depends on the audits being completed and the bridge being stabilised.
No. As at 28 April 2026, no public audit had been published. The whitepaper promises audits “before the TGE”. This is one of the critical milestones to monitor.
Periodically, the sequencer computes the state commitment (a Merkle root) of the rollup’s updated state and publishes it to Bitcoin via OP_RETURN or Taproot. Anyone can verify this proof. The frequency is adaptive: more frequent anchoring means faster finality, but higher Bitcoin fee costs.
This is one of the principal risks of the current design. With a forced-exit mechanism in place (still under development), users could withdraw funds directly on Bitcoin even without the sequencer. Without forced exit, a sequencer that goes offline could temporarily lock funds within the rollup.
This depends on the data-availability solution that is ultimately implemented. If the data for all transactions is publicly available (on Bitcoin or on a dedicated DA layer), it is a true rollup. If the data remains solely with the sequencer, it is technically a validium. The final DA approach is still under research as at 28/04/2026.
21 billion $HYPER — a nod to Bitcoin’s 21 million BTC. Distribution: 25% Treasury, 30% Development, 20% Marketing, 15% Rewards, 10% Listings. The presale vesting period is just 7 days.
$HYPER is the rollup’s native token: it is used to pay transaction fees, for staking (intended to secure the network under the decentralisation roadmap), for governance (future decisions on the protocol) and, potentially, for buyback-and-burn mechanisms tied to sequencer revenue.
$HYPER is a very high-risk asset: the project is pre-mainnet, the audits are not complete, and the bridge and sequencer are centralised. It is not suitable for anyone unable to tolerate a total loss of capital. This site is educational in purpose — for personalised advice, visit michelestefanelli.com. This publication does not provide personalised investment advice.
The author sets out his own perspective on the project in the book. For specific details on the disclosure of positions, please refer to the /disclaimer page of this site.
At three audiences: (1) the curious reader who wants to understand without becoming an engineer; (2) the investor or adviser assessing the project with a due-diligence approach; (3) the developer or researcher who wants the architectural choices in depth. Volume I: 523 pages, 24 chapters. The complete work spans two volumes: 36 chapters.
The book is available on Amazon. First edition July 2026. Available on amazon.com — search for “Due Diligence of a Layer 2 – The Bitcoin Hyper Case”.
Disclaimer: These answers are provided for informational purposes only. They do not constitute financial advice. Full disclaimer.