Espresso Systems is an EVM-compatible blockchain that combines proof-of-stake consensus with a zero-knowledge rollup mechanism to efficiently scale and enhance privacy for Web 3 applications.
Bridge assets and withdraw assets after some days.
Repeat this 3-4 times in a month.
Fundamentals
Sequencing and Coordination Layer: Espresso provides a layer for transaction ordering and data availability across blockchain ecosystems.
Espresso Network: A shared source of truth offering fast finality on transactions via the HotShot consensus protocol and Tiramisu data availability.
Espresso Marketplace: Allows chains to sell transaction sequencing rights to block builders, optimizing revenue and interoperability.
Modular Architecture: Espresso is built with a modular design, allowing integration with various consensus mechanisms and data availability layers.
Integration Flexibility: Supports diverse applications requiring transaction ordering and data availability, beyond just blockchain chains and rollups.
Potential Rewards
Espresso Systems plans to launch a native token to power its ecosystem, focusing on network security, consensus participation and incentivization.
There may be an airdrop targeting early adopters, testers and contributors to incentivize community engagement.
Additional incentives might be provided through yield farming or liquidity mining after the mainnet launch.
The platform will implement a decentralized governance system, enabling token holders to vote on protocol upgrades, network parameters and treasury management.
Investors
Sequoia Capital
Coinbase Ventures
a16z
Features
HotShot Consensus: A cutting-edge consensus mechanism providing rapid finality and high throughput for transactions.
Tiramisu Data Availability: Ensures secure, efficient data availability, critical for decentralized applications.
Cross-chain Compatibility: Designed to integrate seamlessly with various blockchain ecosystems, enhancing interoperability.
Decentralized Block Building: Allows multiple block builders to participate, ensuring a more decentralized and competitive ecosystem.
Scalable Architecture: Built to scale with growing blockchain ecosystems, maintaining performance and security across diverse use case.
Non-Financial Advice
Research: Explore project's documentation, audits, and community.
Understand risks: DeFi has vulnerabilities, market volatility, and token fluctuation.
Invest wisely: Only invest what you can afford to lose.
Beware of scams: Don't trust unsolicited outreach or guaranteed returns.
*ANZALI only provides suggestions and not financial advice. Use all of the information above at your own risk.
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Table of Contents
Introduction
Tasks
Fundamentals
Potential Rewards
Features
Non-Financial Advice
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