Espresso Launches Confirmation Layer for Cross-Chain Transactions

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.