{"id":99394,"date":"2024-11-11T16:55:47","date_gmt":"2024-11-11T20:55:47","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=99394"},"modified":"2024-11-11T16:57:27","modified_gmt":"2024-11-11T20:57:27","slug":"espresso-announces-mainnet-launch-of-product","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/espresso-announces-mainnet-launch-of-product\/","title":{"rendered":"Espresso Announces Launch of Core Product"},"content":{"rendered":"\n<p>The mainnet confirmation layer of Espresso, a blockchain project featuring <a href=\"https:\/\/coinscreed.com\/staging\/defi-asset-management-a-look-into-interoperability-and-cross-chain-solutions.html\" target=\"_blank\" data-type=\"post\" data-id=\"74555\" rel=\"noreferrer noopener\">cross-chain composability<\/a>, is currently active.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1731354149955-1024x576.jpeg\" alt=\"Espresso Announces Launch of Core Product\" class=\"wp-image-99395\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1731354149955-1024x576.jpeg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1731354149955-300x169.jpeg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1731354149955-768x432.jpeg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1731354149955-860x484.jpeg 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1731354149955.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Espresso Announces Launch of Core Product<\/figcaption><\/figure>\n\n\n\n<p>Five testnets, two years of research and development, and<a href=\"https:\/\/coinscreed.com\/staging\/eu-plans-for-blockchain-and-ai-integration.html\" target=\"_blank\" data-type=\"post\" data-id=\"79579\" rel=\"noreferrer noopener\"> integration plans<\/a> with over 20 chains precede the launch. <\/p>\n\n\n\n<p>The Espresso Systems team mentioned in the statement that this milestone represents a major step forward in their efforts to &#8220;make Ethereum composable again.&#8221; <\/p>\n\n\n\n<p>Espresso points out that rollups can achieve synchronous composability because its confirmation layer offers the framework for chains to communicate swiftly and consistently. <\/p>\n\n\n\n<p>Through the viewing of each other's <a href=\"https:\/\/coinscreed.com\/staging\/how-to-use-blockchain-data-for-better-crypto-transactions.html\" target=\"_blank\" data-type=\"post\" data-id=\"98413\" rel=\"noreferrer noopener\">transaction data<\/a>, this layer allows two composable chains to validate their respective state changes.\u00a0Espresso wrote:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>To achieve synchronous composability, chains need a shared source of truth they can use to quickly and reliably confirm the state transitions of other chains&#8221; <\/p>\n<\/blockquote>\n\n\n\n<p>The Espresso team claims that a number of ecosystem partners are ready to include the confirmation layer. Bridges, chains, stack providers, and <a href=\"https:\/\/docs.altlayer.io\/altlayer-documentation\/rollup-as-a-service\/what-is-rollup-as-a-service-raas\" target=\"_blank\" rel=\"noreferrer noopener\">Rollups-as-a-service<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> (RaaS) platforms are some examples of these partners. <\/p>\n\n\n\n<p>The modular zero-knowledge stack chains Airchains, the Linux-powered rollups platform Cartesi, and the developers of Arbitrum, OffChain Labs, are examples of specific partners. <\/p>\n\n\n\n<p>Other partners include AltLayer, a RaaS provider, and the bridge platform Across Protocol. Espresso intends to decentralize the node operator set, onboard launch partners, and progressively deploy functionality as part of its phased mainnet rollout. <\/p>\n\n\n\n<p>A roadmap lists the key elements that will be released in 2025. The Espresso team, led by VC platform a16z Crypto, received $28 million in a <a href=\"https:\/\/coinscreed.com\/staging\/euroclear-makes-asia-investment-with-marketnode.html\" target=\"_blank\" data-type=\"post\" data-id=\"96888\" rel=\"noreferrer noopener\">Series B investment<\/a> in March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mainnet confirmation layer of Espresso, a blockchain project featuring cross-chain composability, is currently active. Five testnets, two years of research and development, and integration plans with over 20 chains precede the launch. The Espresso Systems team mentioned in the statement that this milestone represents a major step forward in their efforts to &#8220;make Ethereum [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":99395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[8147,22779,22778],"class_list":["post-99394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blockchain-project","tag-espresso","tag-raas"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1731354149955.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=99394"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/99395"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=99394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=99394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=99394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}