Eclipse, an organization specializing in customizable rollups, has introduced its Eclipse mainnet. This Ethereum layer two (L2) scaling rollup will be powered by Solana, utilizing its robust security and performance advantages.
Eclipse, an organization specializing in Ethereum scaling solutions, has unveiled its Eclipse mainnet L2 (layer two) solution. This project, claimed to be the “fastest” Ethereum rollup, utilizes Solana technology, particularly the Solana Virtual Machine (SVM), which offers improvements over the traditional Ethereum Virtual Machine (EVM).
The key advantages include SVM’s ability to process tasks in parallel, resulting in more efficient performance scaling. Additionally, the Solana-based solution addresses issues like network congestion caused by high-demand events (e.g., non-fungible token transactions) that can disrupt the Ethereum network.
Enhanced Security and Ethereum Integration in Eclipse’s Solana-Powered Rollup
Eclipse’s Solana-powered Ethereum rollup brings improved security by preventing contract attacks like reentrancy, which are often used by malicious actors.
Despite the enhancements, the rollup will still settle its state on the Ethereum chain because Eclipse considers Ethereum as the central hub for cryptocurrency in terms of ideas, community, and economy. Additionally, transaction fees will continue to be paid in ether (ETH), and Eclipse currently has no plans to introduce its own token.
Eclipse Aims to Improve Ethereum Scalability
Eclipse, a startup that has already secured $15 million in funding, believes that the current Ethereum rollup solutions, while beneficial for scalability and lower fees, are not sufficient for mass adoption.
Their idea of creating multiple rollup instances for each application could lead to fragmentation issues and create problems for users and maintainers who need to rely on multiple infrastructure providers.
Eclipse thinks this approach is overkill, similar to using a sledgehammer for a small task. Instead, they propose a simpler solution: using a parallelized VM with local fee markets for state hotspots, which is what the Solana Virtual Machine (SVM) provides.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
Join Cryptos Headlines Community
Follow Cryptos Headlines on Google News