Eclipse Announces Solana-Powered Ethereum Rollup

1 year ago
Eclipse Announces Solana Powered Ethereum Rollup

Eclipse, an enactment that allows for the operation of customizable rollups, has announced the architecture of its Eclipse mainnet, a Solana-powered Ethereum furniture 2 (L2) scaling rollup. The rollup volition payment from utilizing the Solana Virtual Machine arsenic an execution layer, leveraging this blockchain’s assorted information and show benefits.

Eclipse Announces Ethereum L2 Using Solana Virtual Machine

Eclipse, an enactment focused connected gathering scaling solutions for Ethereum, announced its Eclipse mainnet L2 (layer two) solution utilizing Solana-based tech. The project, which is being promoted arsenic the “fastest” Ethereum rollup by the company, volition usage the Solana Virtual Machine (SVM) to instrumentality vantage of the improvements this has implicit the traditionally utilized Ethereum Virtual Machine (EVM)

One of these advantages is the parallelized processing of the SVM, which allows show to standard much efficiently. Also, the anticipation of section interest markets, meaning that 1 non-fungible token (NFT) lawsuit volition not paralyze the full web (as has happened before), is an vantage implicit Ethereum’s existent capabilities.

The adoption of the SVM besides presents improvements successful the information aspect. Its implementation prevents contracts from being attacked utilizing reentrancy, an exploit wide utilized by atrocious actors.

The rollup will, nonetheless, settee its authorities to the Ethereum chain, arsenic the Eclipse squad believes that Ethereum is “the intellectual, social, and economical halfway of crypto.” The token for paying transaction fees volition besides inactive beryllium ether, with the Eclipse squad stating it had nary plans for launching its ain token for the clip being.

A Better Scaling Ethereum

The startup, which has already raised $15 cardinal successful its effect and pre-seed rounds, considers that portion the existent Ethereum rollup ecosystem allowed the blockchain to standard and gave users cheaper fees, it is insufficient to “scale for the masses.”

The many-rollup vision, which proposes the instauration of a rollup lawsuit for each application, besides creates imaginable fragmentation issues and brings much problems to users and maintainers who person to trust connected galore infrastructure providers for these solutions.

Eclipse states this is similar “using a sledgehammer to ace a peanut,” arsenic ecosystem participants are forced to marque “painful and unnecessary tradeoffs (complexity, cost, worse UX, fragmented liquidity, etc.).”

However, the reply for Eclipse is clear:

The optimal solution is incredibly wide – conscionable usage a parallelized VM with section interest markets for authorities hotspots. That’s precisely what the SVM brings.

What bash you deliberation astir Eclipse’s caller Solana-based Ethereum L2 and its purported advantages? Tell america successful the comments conception below.

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