A Deep Dive into Enso
The Enso Token Launch is postponed. The Enso team wants large distribution of their token to have a vibrant community, and with the recent extenuating market conditions, community contributions were affected. Any committed capital will be refunded for the current auction.
This week, we announced the Enso Token Launch on CoinList, live until August 7, 2024 at 17:00 UTC.
We recently spoke with the Enso team about how Enso aggregates smart contracts into one source, Enso’s real-world use cases, how Enso’s approach to intents differs from other solutions, their growth strategy, and more.
Let’s dive in.
1. What challenges does Enso address in the blockchain ecosystem and why are these important for developers and users?
Enso aggregates all smart contracts from all blockchains into one source, so a developer only needs to integrate with Enso to get access to all of them, rather than integrating each desired smart contract one by one. This process enables developers to focus on their product rather than spending time on individual integrations.
When developers utilize Enso, they are expressing their desired outcome for their users as an intent. The Enso intent engine then abstracts all the integration overhead by returning the calldata required for execution. Developers can now ship a product within the same week, instead of waiting more than six months to directly integrate smart contracts and blockchains themselves.
Users of applications that are using Enso can now interact with any primitive conveniently in one transaction. Additionally, users are exposed to new product types that can be built using Enso in lightning fast speed that are built on the core premise of composability.
2. How does Enso handle the complexity of different blockchain protocols to offer a unified interface for developers?
Enso offers a seamless integration for developers with the Enso Network, standardizing various interaction types and allowing different smart contracts to be associated with an interaction type, removing complexities associated with each individual smart contract nuance. For example, lending protocols inside of Enso can be used by ProtocolName.lend, whereas without Enso, they would need to reference each individual function signature type, build manual integrations to all prerequisite smart contracts, and maintain this integration. Now with Enso, one integration gives developers access to all the possibilities of blockchain technology.
3. What are some real-world use cases where Enso has improved the efficiency and functionality of blockchain applications?
Enso enables developers to build applications from scratch in much shorter time frames. Without Enso, these developers would have spent a minimum of six months to create and ship their products. Allowing builders to interact with smart contracts and blockchains with greater ease opens possibilities that weren’t possible before. For example, a team currently using Enso has created an AI model to understand user needs and generate transactions across all EVM chains.
4. Can you explain the roles of Action Providers, Graphers, and Validators in the Enso network?
- Action providers are developers that publish smart contract abstractions on-chain, and earn a share of consumption fees in exchange. The network rewards action providers in proportion to the solutions generated that consume their contributions.
- Graphers are sophisticated individuals focused on building algorithms to solve a consumer's request. These complex algorithms traverse the Enso network for all actions contributed, and combine them in an optimal order to produce executable bytecode. Graphers are incentivized to continuously find the most optimal solution, as only one solution can be chosen for fulfilling the consumer's request.
- Validators secure the Enso network by accepting valid consumer requests, authenticating abstractions contributed, simulating transactions, and determining the winning solution provided by the graphers.
5. How does Enso’s approach to intents differ from other blockchain interoperability solutions?
Enso is aware of all interaction types on all frameworks, enabling developers to offer their users all blockchain interactions. Without Enso intent networks and chain abstraction protocols are purely request houses with no ability to execute on-chain, and consequently, requests will only sit in these protocols without the execution occurring. Enso enables these protocols to become a reality.
Here is a side by side comparison between Enso and its closest competitor, Anoma:
6. What are the next big features or improvements planned for Enso?
Enso is currently available on many EVM chains, and the next large innovation will be expanding to Solana and Movement blockchains. This expansion will further enhance our customers’ ability to build composable applications and interact with all of the blockchain ecosystem through one source.
7. How does Enso support and encourage the growth of its developer community?
We support every developer who integrates with Enso by answering questions about the integration and providing active marketing resources. In addition to this, we have flagship products built on-top of Enso to give newer developers inspiration to innovate.
Enso also actively speaks at developer focused conferences such as ETHCC, DappCon, side events, and many more to give technical education on Enso. Our next phase of developer community engagement involves hackathon sponsorships to bring newer developers to the Enso ecosystem.
8. What is the best way to get involved in the Enso community?
We are looking for community members who want to accelerate blockchain adoption by enabling developers to build products seamlessly using Enso.
The Enso Auction is live on CoinList. Participate now »
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