After two years of R&D, five testnets & integration plans with >20 chains, we’re excited to announce the Espresso Network is now live on mainnet!
This launch is a major milestone, both for our team and along the path to making Ethereum composable again.
Read on to learn more ☕️
Our vision is for all chains to work together like one, while maintaining each chain's unique benefits.
And our mission starts with Ethereum, which promised an infinite garden of innovation before scaling challenges & a lack of infra forced L2 chains to sacrifice composability.
The Espresso Network is a confirmation layer that lets chains quickly and reliably confirm the state of any integrated chain.
Espresso confirmations are more secure than centralized preconfs, faster than L1 finality, and will be critical in enabling synchronous composability.
Why are Espresso confirmations important for enabling composability?
Because when two chains are composable they need to be able to confirm each other's state transitions quickly and in a credibly neutral way.
Besides offering chains fast, reliable confirmations, Espresso expands the modular stack. Some chains are planning to use Espresso for:
👉 decentralized sequencing
👉 data availability
We’re calling this Espresso Mainnet 0 and are taking a phased approach, which ensures:
👉 network stability
👉 time to onboard launch partners
👉 integrate new stacks
👉 progressively decentralize (targeting a transition to PoS next year)
👉 more time to educate the community
Infrastructure is only as valuable as the teams building on it. And we’re proud to have a growing group of launch partners queued up to integrate with the Espresso Network over the coming months. These include chains, stack providers, bridges, RaaS platforms...
Our launch partners include…
Stack providers
☕️ @cartesiproject - provider of a Linux-based altVM stack
☕️ @OffchainLabs - creators of @arbitrum and its EVM-equivalent Nitro stack
☕️ @airchains - stack for modular zkFHE chains
ICYMI, @aztecnetwork is selecting a decentralized sequencer for the next version of Aztec
And @EspressoSys submitted two proposals for consideration
Join us for a spaces on Aztec's plans, Espresso's proposals, and the decentralized future of L2s 🤝 twitter.com/i/spaces/1zqKV…
@aztecnetwork recently published an RFP sharing their process for selecting a decentralized sequencer.
The RFP outlined requirements & design considerations, and also shared its future responsibilities in the next version of Aztec. discourse.aztec.network/t/request-for-…
Rollups are delivering on their promise to scale Ethereum & make it useful for a wider range of applications, but today rely on centralized sequencers.
We are building the Espresso Sequencer: the way rollups will decentralize.
For more on our motivations, design principles, and how the Espresso Sequencer might interact with other system components like private mempools or restaking protocols, read on here: hackmd.io/@EspressoSyste…
CAPE empowers asset creators like stablecoin providers or NFT artists to design policies (or custom rulesets) for the assets they offer users. Some of these policies can include:
Making the asset private to the public, while keeping transaction details visible to them as the asset creator
Many great insights from policy, technology, and privacy leaders in our ongoing Twitter space—tune in here: twitter.com/i/spaces/1vOxw…
@reidhoffman : we want to drive towards where technology can be modified to be part of the solution—governments need to have financial measures against criminal activities, but we need software innovation that’s not constrained by oligarchic banking systems
@TorBair from @SecretNetwork : the consequences are today; the consequences are now. We can’t stop building and can’t stop co-organizing. Real people’s lives are being affected today.