espressosys.comFinTechFounded: 2020
Espresso Systems, founded in 2020, is developing layer-1 blockchain infrastructure that will provide low-fee transactions through its integration of a proof-of-stake consensus protocol with a zero-knowledge (ZK) rollup mechanism, which can use ZK proofs to bundle transactions and lower resources to process them. Espresso aims to optimize for both privacy and scalability by leveraging zero-knowledge proofs, a cryptographic tool that allows a party to prove a statement is true without revealing the evidence behind that statement.
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