The goal is to bring to market a layer-one blockchain with lower gas fees, higher throughput, with user privacy and decentralization.Collaborators at Stanford University have raised $32 million in funding for Espresso, a new layer-one blockchain focused on privacy and decentralization.
The company behind Espresso, called Espresso Systems, is led by four co-founders. The latest funding round was led by Greylock Partners and Electric Capital with participation from Sequoia Capital, Blockchain Capital, and Slow Ventures. Espresso aims to change that, by using zero-knowledge proofs, which allow a party to prove that a statement is true without showing the evidence behind it, said CEO Ben Fisch to. Espresso uses ZK-Rollups to achieve greater throughput by consolidating transactions into a single proof.
$DERO is already live on mainnet with Homomorphic Encryption, smart contracts and services.
Shitcoin
CAPE transactions appear anonymous and hide the asset being transacted, but the creator of an asset can “configure a viewing policy, which ensures that select parties can decrypt select information about transactions for that asset,” according to a statement on their website.
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What's wrong with ZCash and Monero?
what an absolutely garbage name
EspressoSys Anu__Dave wen token
Anu__Dave Who is the privacy for?
Anu__Dave Could just use litecoin.
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