Crypto
Espresso launches ESP token, targets layer2 with 2-second block finality
Espresso Network launched its ESP token and conducted a community airdrop. It will distribute 10 percent of total supply to early participants and users of Espresso-integrated rollups, Coindesk reported. The network plans to switch to a permissionless proof-of-stake model within weeks. Espresso is designed to support layer2 blockchains and highlights faster block finality than Ethereum. CEO Ben Fish said the token is core to security and participation.
