Ankr Integrates Innovative Espresso Benefits With Rollup as a Service

Kevin Dwyer

Kevin Dwyer

June 13, 2024

2 min read

espresso.jpg

Ankr is thrilled to announce the integration of Espresso Systems with our industry-leading Rollups as a Service (RaaS) product. This exciting development empowers new Layer 2 (L2) rollup chains built on Ankr to leverage Espresso's coordination capabilities for sequencing, unlocking a multitude of benefits for interoperability, efficiency, and more.

Integration with Espresso was an important step forward for Ankr, which is committed to providing the most advanced RaaS offering.

See all Ankr RaaS benefits

What Is Espresso? Coordination & Interoperability

  • Espresso Systems provides a coordination layer consisting of a consensus system and a marketplace that allows rollups to share sequencer nodes for faster, cheaper, and more interoperable transactions.

  • Coordination: Instead of each rollup running its own sequencer, Espresso allows them to opt into the possibility of sharing a sequencer for a given timeslot via a marketplace. This can be more efficient, cost-effective, and value-accretive.

  • Fast Finality: Their unique HotShot consensus system ensures transactions are finalized quickly and securely.

  • Enhanced Interoperability: By connecting rollups in this marketplace, Espresso makes it easier for them to communicate with each other. This is crucial for a future where different blockchains work together seamlessly.

Learn more about Espresso Systems

How Does Espresso Benefit the Ethereum Rollup Ecosystem?

Espresso Systems injects a triple shot of efficiency into the Ethereum rollup ecosystem:

  • Faster Transactions: It creates a shared sequencer marketplace, allowing rollups to compete for faster block processing, leading to speedier transactions.
  • Value Creation: By sharing sequencers, rollups can conduct cross-chain transactions, creating greater value for their users and capturing more value for their ecosystems.
  • Enhanced Interoperability: The marketplace and fast finality layer facilitate communication between rollups, paving the way for a more interconnected and user-friendly blockchain landscape.

How Will Espresso Work With Ankr RaaS Projects?

Integrating Espresso with Ankr RaaS: Ankr’s Rollup as a Service will integrate Espresso to provide developers with the choice of having integration with Espresso for shared sequencing to enhance scalability, decentralization, and interoperability.

  • Enhanced interoperability for new L2s
  • Offers an additional tool for Ankr RaaS
  • Provides new opportunities for L2s

Build your new L2 today with Ankr & Espresso

Final Thoughts

We at Ankr believe this integration is a game-changer for L2 rollup development. With the combined power of Ankr's RaaS and Espresso's shared sequencing, developers have the tools they need to create truly innovative and impactful blockchain applications. We invite all aspiring L2 developers to join us in building a more efficient, interconnected, and user-centric blockchain future.

Join the Conversation on Ankr’s Channels!

Twitter | Telegram |  Discord | YouTube | LinkedIn | Instagram | Reddit | All Links