Bitcoin Hyper: A Really Efficient Postal Service for Bitcoin

First, you send your Bitcoin to a special address (the Canonical Bridge). This address acts like a secure deposit box for your coins.

Bitcoin Hyper is an efficient technology that connects Bitcoin’s Layer 1 with a fast Layer 2, powered by Solana's Virtual Machine (SVM). It enables rapid transfer of value between the two layers.

Here's how it works:

1. **Transfer to Canonical Bridge:** A user begins by transferring their Bitcoin to a special address known as the Canonical Bridge. This address serves as a secure deposit box for the coins on Bitcoin's Layer 1.

2. **Bitcoin Relay Program Verifies Transactions and Block Headers:** A smart contract named Bitcoin Relay Program is deployed on Bitcoin Hyper's Layer 2. This smart contract is responsible for verifying transactions and block headers from Bitcoin's Layer 1 to ensure their authenticity.

- The Bitcoin Relay Program continuously monitors new block headers and transactions on Bitcoin's Layer 1.

- It aggregates these updates and prepares them for inclusion in the Bitcoin Relay Program state on Layer 2.

- To claim new coins on Layer 2, users must provide transaction proofs (e.g., a PayJoin transaction) to the Bitcoin Relay Program.

- Once the Bitcoin Relay Program verifies the transactions and block headers, it mints the corresponding Bitcoin Balances on Layer 2.

3. **Near-Instantaneous Transactions on Layer 2:** Users can enjoy nearly instantaneous transactions on Bitcoin Hyper's Layer 2. This speed is achieved through the integration of Solana's Virtual Machine (SVM), which provides high throughput and efficient processing capabilities.

- Transactions on Layer 2 are executed rapidly by the SVM, enabling swift execution of smart contracts and dApps.

- Despite the speed of Layer 2, Bitcoin's inherent security and immutability are maintained.

4. Periodic Updates to Bitcoin Layer 1: A special "Relayer" bundles all the Layer 2 transactions and compresses them into a minimal footprint. This data is periodically batched and sent back as a single update to the main Bitcoin blockchain.

- The process is similar to how email services compress and bundle emails for efficient delivery.

- Only the essential changes are recorded on Bitcoin, minimizing the impact on its throughput.

5. Requesting Coins Back to Bitcoin Layer 1: When a user wishes to withdraw their coins from Bitcoin Hyper's Layer 2 back to the main Bitcoin chain, they simply request a withdrawal.

- The Bitcoin Relay Program verifies the withdrawal request and initiates the transfer of coins from the Canonical Bridge to the user's specified Bitcoin address.

In essence, Bitcoin Hyper acts like an efficient postal service for Bitcoin, enabling rapid and efficient transfer of coins between Layer 1 and Layer 2, while ensuring the security and integrity of Bitcoin's blockchain are maintained throughout the process.