Frequently Asked Questions (FAQ)
General
What is Hyperstate?
Hyperstate is a network for native-Bitcoin asset programmability. It combines the programmability of Ethereum with the security and value of Bitcoin, allowing developers to create smart contracts that can directly interact with Bitcoin.
How does Hyperstate differ from other blockchain platforms?
Hyperstate's key innovation is its smart contract functions that allow direct, synchronous on-chain interaction with Bitcoin, offering a superior user experience over L2s which can only be accessed via bridge. It enables developers to write Solidity code while giving users wyas to do things directly on Bitcoin through existing EVM wallets.
Technology
What is Hyperstate EVM?
Hyperstate EVM is the only EVM blockchain with Bitcoin read-write bindings, callable via smart contracts. These read-write bindings allow Hyperstate smart contracts to send BTC, tranfer native assets such as Ordinals and Runes, create Bitcoin multisigs, and provide signatures to Bitcoin transaction inputs.
How does Hyperstate ensure security?
Hyperstate's security model is based on traditional EVM L2 security via the OP Stack, with additional concensus rules and slashing conditions derived from the validator expectations for Bitcoin interoperation. Validators run Hyperstate EVM and either an internal or hosted Bitcoin Core node, managing state synchronicity and verifying cross-chain interactions.
In addition to PoS economic security provided by $CRS staking, Hyperstate uses Eigenlayer for restaking - allowing operators to secure Hyperstate with $ETH with seamless on-chain registration and minimal opportunity cost.
What is the $HS token used for?
$HS is the native token of Hyperstate, used for gas fees, validator rewards, and sequencer incentives.
Development
Can I use my existing Ethereum development tools with Hyperstate?
Yes, Hyperstate is compatible with Ethereum development tools. You can use familiar tools like Foundry, Hardhat, ethers.js and Web3.js to develop on Hyperstate.
How do I interact with Bitcoin through Hyperstate smart contracts?
Hyperstate provides Bitcoin precompiles that allow smart contract developers to directly interact with the Bitcoin network. These precompiles are accessible at a specific address and can be called from within your Solidity code. Precompiles
Is there a testnet available for Hyperstate?
Yes. Network Info
uBTC
What is uBTC?
uBTC is a universal Bitcoin ERC-20 token on Hyperstate, representing 1:1 backed Bitcoin on the Hyperstate network.
How is uBTC different from wrapped Bitcoin on other networks?
uBTC leverages Hyperstate's native Bitcoin integration, allowing for more secure and efficient interactions with actual Bitcoin, rather than relying on external custodians or bridges.
User Experience
Do users need to understand both Ethereum and Bitcoin to use Hyperstate dApps?
No, Hyperstate aims to provide a seamless experience where users can interact with Bitcoin-based applications using familiar web3 interfaces, without needing to understand the underlying complexity.
Can I use my existing wallet with Hyperstate?
Yes, all the common Ethereum and Bitcoin wallets will work with Hyperstate.
Economics and Incentives
How does Hyperstate incentivize network participants?
Hyperstate uses the $CRS token to reward validators and incentivize good behavior on the network. The specific economic model includes [insert details about staking, rewards, etc.]
Future Development
What's on the Hyperstate roadmap?
Hyperstate has an ambitious roadmap planned out through 2025:
Single-node (IN-PROGRESS): We are currently working on developing and testing a single-node implementation.
Multi-node alpha-net (Q1 2025): Launching a multi-node test network for further development and testing.
Incentivized beta-net (Q2 2025): Rolling out a beta network with incentives for participants.
Prelaunch (Q3 2025): Final preparations for mainnet launch.
Mainnet (Q4 2025): Official launch of the Hyperstate mainnet.
What are Hyperstate's main goals for development?
Our key goals aligned with these milestones are:
Accumulate 250+ BTC TVL (Total Value Locked)
Onboard 10+ external developers
Achieve 10,000+ users and 10M+ transactions
Prepare for $HS token distribution and listing
Launch $HSwith slashing (restaking) mechanism live
How can I contribute to Hyperstate's development?
We welcome contributions from developers. You can get involved by contributing to our GitHub repository, participating in our developer forums, and reaching out to us on socials.
Support and Resources
Where can I get help if I'm stuck?
We offer several support channels:
Discord (Coming Soon)
Telegram (Coming Soon)
GitHub issues for technical problems
Are there any tutorials or guides available for getting started with Hyperstate?
Yes, we provide comprehensive guides and tutorials in our Developer Resources section.
How can I stay updated on Hyperstate news and announcements?
Follow our official X account @OnCorsa for the latest updates.
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