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🚀 COMPLETE ANSWERS: ESPRESSO NETWORK (10/10) 🚀
​Secure your rewards and share the success with your community! Here’s the verified complete questionnaire:
​01. Which academic institutions are represented by the founding team of Espresso?
👉 Answer: Yale, NYU, Harvard, and Stanford
​02. What does it mean that Espresso is designed to be compatible across different systems?
👉 Answer: Espresso can operate with different rollup frameworks, virtual machines, testing systems, and settlement layers
​03. What does Espresso offer to chains that integrate with it?
👉 Answer: Fast finality and compatibility, regardless of how the chain is built
​04. The CTO of which institution called cross-chain collateral management "the killer app for institutional blockchain"?
👉 Answer: DTCC
​05. What are the two main use cases of the ESP token?
👉 Answer: Staking to secure Proof of Stake (PoS) consensus and paying protocol fees
​06. How long does Ethereum's finality currently take?
👉 Answer: 15 minutes or more
​07. What is the name of the custom consensus protocol developed by Espresso Network?
👉 Answer: HotShot
​08. What is the main problem that Espresso aims to solve in the Layer 2 (L2) ecosystem?
👉 Answer: Liquidity fragmentation and lack of interoperability between rollups
​09. Through what mechanism does Espresso achieve high-capacity and low-cost data availability?
👉 Answer: Tiga (its optimized data availability system / DA)
​10. What advantage does Espresso offer to Web3 users in their daily activities?
👉 Answer: Faster, secure transactions and cost-effective bridges between different integrated chains
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