ESPRESSO is Your single-shot scaling & privacy solution for Web3. Bring low-fees and better privacy to your Web3 applications with Espresso, a high-throughput EVM-compatible blockchain. It builds scaling and privacy solutions for Web3 applications. Espresso is developing a layer 1 blockchain system that combines proof-of-stake consensus and a zk-rollup mechanism to achieve high throughput and low fees. Espresso’s CAPE application enables the creation of new assets and wrapping of existing Ethereum assets that offer users customized privacy guarantees.