Espresso Systems Explained: How the Shared Sequencer…
By Damilola Esebame
Source excerpt · FinanceFeeds
KEY TAKEAWAYS Espresso Systems operates a shared sequencer network that confirms rollup transactions in approximately two seconds, according to BingX Research, compared to the twelve minutes required for standard Ethereum layer one finality. The project raised over sixty million dollars across two funding rounds, led by Greylock Partners, Electric Capital, and a16z crypto, with Sequoia Capital als…