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bashorunedward Avatar Mr. Bash 🥷 @bashorunedward on x 36.1K followers Created: 2025-07-22 03:00:02 UTC

What is @EspressoSys ?

Espresso Systems (espressosys) is a company focused on developing infrastructure for Web3 applications, specializing in blockchain technology.

They are the lead developers of the Espresso Network, a global confirmation layer that enhances cross-chain interoperability, scalability, and privacy for layer-2 (L2) blockchains, particularly Ethereum rollups.

Their flagship product, the Espresso Sequencer, supports decentralized transaction sequencing, aiming to improve interoperability, prevent sequencer equivocation, and reduce finality risks.

It uses a consensus protocol called HotShot for high throughput and fast finality.

Founded in 2020, the company is based in the United States and has raised funding from investors like a16z crypto.

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Related Topics coins privacy coins interoperability stocks technology blockchain web3 espresso ethereum coins layer 1

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