Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Espresso Launches Confirmation Layer for Cross-Chain Transactions

Espresso Launches Confirmation Layer for Cross-Chain Transactions

CointimeCointime2024/11/11 14:22
By:Cointime

Espresso, a blockchain project that coordinates cross-chain transactions, has announced the launch of its confirmation layer. This layer will facilitate composability among rollups, enabling two networks to read and trust each other's transaction data. Rollups are auxiliary networks that provide faster and cheaper transactions. Espresso's confirmation layer offers benefits such as faster bridging of assets, decentralizing the sequencer, and providing a low-cost way for networks to store transactional data.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Visionary or 'financial comedy'? Market participants weigh MicroStrategy's stock premium amid bitcoin buying spree

MicroStrategy, with a market cap of around $85 billion, currently holds 331,200 bitcoin worth about $30 billion.The stock’s 440% year-to-date surge has baffled some financial pundits, while others have cheered its corporate strategy.

The Block2024/11/26 19:44

Congress’s top priorities this lame duck session

Here’s a look at what lawmakers are most focused on in these final weeks of the 118th Congress

Blockworks2024/11/26 18:33