The deeper you go, the less you pay attention to emotions, and the less you rely on narratives for sustenance. Upper-layer applications always have to face whether the market will accept them, but the underlying layer relies on the difficulty of substitution, usage density, and whether it can be defaulted on by the entire industry.
The traditional world has been verified countless times: Roads, power grids, payment systems, TCP/IP… … These things are not "spoken out by everyone", but rather "used by everyone". The value lies in this difference.
Espresso gives me the feeling that we are heading in this direction. It is not meant to be a faster chain, nor to redefine bridges, and certainly not to improve cross-chain experience just a little bit. It tries to fill the most lacking part of the multi-chain world: Security coordination, clearing paths, trust rules, allowing chains to operate like internal systems.
If we pull apart the value hierarchy of the industry, applications are at the top, protocols in the middle, and chains further down, while the bottom layer is usually "not discussed by anyone, but everything relies on it to run."
The positioning of Espresso is clearly that layer. When it truly stops being frequently mentioned, perhaps that is when its value begins to be seriously priced by the market. @EspressoSys @espressoFNDN @Bantr_fun @0xMantleCN
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Infrastructure is quite interesting.
The deeper you go, the less you pay attention to emotions, and the less you rely on narratives for sustenance.
Upper-layer applications always have to face whether the market will accept them, but the underlying layer relies on the difficulty of substitution, usage density, and whether it can be defaulted on by the entire industry.
The traditional world has been verified countless times:
Roads, power grids, payment systems, TCP/IP…
…
These things are not "spoken out by everyone", but rather "used by everyone".
The value lies in this difference.
Espresso gives me the feeling that we are heading in this direction.
It is not meant to be a faster chain, nor to redefine bridges, and certainly not to improve cross-chain experience just a little bit.
It tries to fill the most lacking part of the multi-chain world:
Security coordination, clearing paths, trust rules, allowing chains to operate like internal systems.
If we pull apart the value hierarchy of the industry, applications are at the top, protocols in the middle, and chains further down, while the bottom layer is usually "not discussed by anyone, but everything relies on it to run."
The positioning of Espresso is clearly that layer.
When it truly stops being frequently mentioned, perhaps that is when its value begins to be seriously priced by the market.
@EspressoSys @espressoFNDN @Bantr_fun @0xMantleCN