Build things that matter, get noticed.
Espresso was 7th most-discussed protocol at @blockworksDAS, where @EspressoSys & @awscloud demoed crosschain collateral management at scale: 1M+ positions recalculated every 0.3s across 4 chains, crosschain margin calls, end to end in <10s
Most layer-2 chains are building on a foundation that can't give them real-time, deterministic transaction finality.
Espresso can, without asking them to compromise on their architecture or sacrifice their sovereignty to get it.
ZK proofs for Espresso block derivation, built with @SuccinctLabs' SP1.
Once live, it'll let any Espresso-integrated chain trustlessly verify its blocks derive correctly from Espresso. Real-time finality and cryptographic verifiability arenโt a tradeoff.
If you run an Espresso node, the recent Epoch Rewards upgrade made your life easier:
- automatic retry on Postgres errors
- migrations that don't stall your node
- clearer logs w/out the merkle-proof noise
- and smoother upgrades
Full changelog: https://t.co/JqMR5kUkVK
In the '70s, markets outgrew their infrastructure. Paper-based, T+5 settlement couldn't keep pace, leading to the creation of @The_DTCC
Today markets face a similar inflection point moving onchain. Espresso is built for this next era, with real-time settlement as the foundation.
The future is many chains, each built for customization and sovereignty.
Intent bridges and solvers help, but @ellierdavidson puts it clearly: they are a band-aid. The real solution is real-time interoperability across all of them.
Under a second.
Espresso has hit subsecond finality on Decaf, our testnet that features the same geographic distribution of nodes as on mainnet. Mainnet runs at ~2.4 seconds right now. Our team has been heads-down on closing that gap. Mainnet gets it next.
NEW Challenge Alert!
Post-quantum Ethereum needs faster cryptography in order to scale.
We launched https://t.co/knKFpINhDW with @ethereumfndn, @succinctlabs and @espressosys to find out how much faster it could get.
On Mac hosts, Yukonโs open research made it 3x faster. Now weโre expanding to x86 Linux, the hardware much of Ethereum already runs on.
Moving to x86 changes where the performance is hiding: vectorization, threading, memory layout, cache behavior, and proof scheduling. The benchmark stays fixed. Everything inside the prover is yours to rethink.
The Mac baseline was nowhere near the ceiling. We doubt the x86 baseline is either.
Point your agent at https://t.co/knKFpINhDW.
Every valid speedup becomes the new public SOTA.
We believe there is a better way. Money should move at the speed of information, free from the friction of legacy settlement.
That is why we are building real-time settlement infrastructure for any chain, any asset class, at any scale. That is the future we are here for.
Before Espresso existed, Benedikt was co-inventing Bulletproofs at Stanford. That zero-knowledge proof now powers privacy in Monero and Zcash. That research group is where Espresso began.
@benediktbuenz on the early days at Stanford with @benafisch and @charleslu1.
Flock has already pushed post-quantum TPS for Ethereum up 255%.
The open challenge to take it further is well underway: 234 submissions from 39 solvers, current record at 1,833,344 BLAKE3 compressions/s. The faster this gets, the more post-quantum Ethereum becomes a reality.
You don't need to replace the financial system. You need to upgrade it. @benafisch on why blockchain's role is to blend into the systems we already have, making them faster, more secure, and interoperable.
On stage at @blockworksDAS with @The_DTCC@BNBCHAIN@tkstanczak
The timeline for quantum computers breaking current cryptography is moving faster than expected.
@drakefjustin gives his personal odds on Q-Day, from our X Space with @SuccinctLabs.
The promise of Web3 was not one global virtual machine running all of finance.
It was independent systems interoperating through a shared real-time settlement layer. That is the problem Espresso is built to solve ๐งต
The promise of Web3 was not one global virtual machine running all of finance.
It was independent systems interoperating through a shared real-time settlement layer. That is the problem Espresso is built to solve ๐งต
Every asset class today lives on its own ledger, in its own jurisdiction, in its own silo. @jillgun says Espresso is fundamentally trying to fix that fragmentation, by building the infrastructure that connects them all.
โ๏ธ Some recent highlights from Espresso:
- Introduced Flock, the fastest SNARK prover ever built. 660,000 Blake3/s on consumer hardware, co-created by @benediktbuenz, @ronrothblum from @SuccinctLabs, and @kleptographic
- An open proving competition at https://t.co/RxorhfedZv is pushing Flock's performance further. Co-organized with @SuccinctLabs, @eigenlabs, and @ethereumfndn, already 150+ submissions
- Espresso CEO @benafisch received an NSF CAREER award for research into secure, verifiable cryptographic computation
- @benediktbuenz on the Bitcoin Rails podcast with @isabelfoxenduke discussing zero-knowledge proofs and post-quantum Bitcoin
- Hydrangea, a consensus protocol co-created by @kartik1507, was presented by @nibeshrestha2 at the Science of Blockchain Conference at Stanford
- @jillgun spoke at Money 20/20 on how the line between permissioned and public infrastructure is blurring, and how Espresso is one of those advances
- @ellierdavidson spoke on two panels at the LF Decentralized Trust Privacy for Financial Services Workshop in London, covering what institutions need from privacy infrastructure
- Boosted staking rewards are live. Early stakers received a 256% boost plus a bonus 155 ESP
- Bug bounty program launched, up to $250,000 for critical findings in Espresso's PoS smart contracts
- Epoch Rewards upgrade deployed on mainnet. Per-epoch distribution, removing a throughput bottleneck
- The Composables NFT collection migrated to @ApeChainHUB. Every holder was airdropped, no action needed