As the popularity of Web 3.0 surges, companies are keen to provide the infrastructure that will support the acceleration of its adoption. Espresso Systems provides both scalability and privacy to decentralized applications, facilitating their transition into the mainstream.
The Espresso Sequencer supports the decentralization of layer-2 rollups in the Ethereum ecosystem and beyond. Its Configurable Asset Privacy (CAP) protocol allows developers to determine what transactional data remains private and for whom, bringing deeper privacy that should appeal to more cautious blockchain-interested parties.
Having secured impressive funding in 2024, Espresso Systems will be able to grow its team towards accelerating the research and building of its products, continuing to lay the foundation for broader Web 3.0 adoption. The company partnered with Ethereum-based scaling zkSync in 2023, to facilitate the execution of private transactions on the ZkSync network.
Kirsty
Company Specialist at Welcome to the Jungle