LiCrazy🏊🏼‍♂️🏸
LiCrazy🏊🏼‍♂️🏸|Jul 05, 2025 02:13
Despite the current popularity and strong financing capabilities of @ EspressoSys, it has undergone multiple track changes since its establishment in 2020. -Stage 2020-2022: Focus on zk privacy layer The core product is a smart contract layer called CAPE "Configurable Asset Privacy for Ethereum", which can customize privacy policies for tokens such as ERC-20 and ERC-721. At that time, I also worked on nodes. That year, a group of privacy projects emerged like mushrooms after rain, and with the team's Stanford background, they secured $32 million in funding, making them a sensation for a while. -2022-2023 stage: L1 blockchain Perhaps recognizing the limitations of the Ethereum ecosystem, such as high gas fees and scalability issues, with the announcement of the development of L1 blockchain in 2022, CAPE has become a secondary component, and @ EspressoSys has ushered in its first track transition. Positioned as L1 driven by ZK Rollup, combined with HotShot and CAPE. -2023 present: Shared Sorter and Cross Chain Interoperability With the rapid development of the Rollup ecosystem "Arbitrarum, Optimism", Espresso has shifted its focus to shared sequencers and cross chain interoperability, launching the Espresso Network as the global confirmation layer "confirmation layer" Provide fast and reliable transaction confirmation, replacing the centralized sequencer's "pre confirmation" confirmation time from 15 minutes in Ethereum L1 to seconds. Support cross rollup asset bridging and message passing to solve the problem of inter chain fragmentation. Low cost DA solutions, similar to Celestia or EigenDA, use verifiable information dispersion "VID" technology and support rollup data storage. As the saying goes, 'Trees move the dead and move the living.' Espresso has undergone multiple track changes and successfully ignited its popularity in the scorching summer of 2025. With Tge approaching, can coffee make a splash this summer? Let's wait and see together! Espresso @GXingPing @0x_xifeng @0xTNT888 @y_cryptoanalyst
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