Eclipse to launch Solana-compatible Ethereum layer 2 in October
Eclipse, the first Ethereum (CRYPTO:ETH) layer 2 solution utilising the Solana Virtual Machine (SVM) for transaction execution, is set for a public mainnet launch in October.
Vijay Chetty, CEO of Eclipse Labs, announced this timeline at the Solana Breakpoint conference in Singapore.
While developers currently have access to Eclipse’s developer mainnet, the full public launch is anticipated by the end of next month.
The platform aims to combine the strengths of Ethereum, Solana (CRYPTO:SOL), and Celestia (CRYPTO:TIA), leveraging Ethereum’s security, Solana’s speed, and Celestia’s data storage capabilities.
This approach intends to provide "Web2 scale to Web3," addressing limitations of existing blockchain technologies.
Chetty stated, "We’re building a blockchain that takes the best components from each network," with a focus on avoiding common pitfalls associated with Solana and Ethereum.
Eclipse aims to overcome challenges such as Solana’s decentralisation constraints and Ethereum’s slower base-layer transactions.
A notable feature of Eclipse is its use of Celestia for off-chain data storage, which could enhance transaction throughput and reduce costs.
This combination positions Eclipse as a potential competitor in the Ethereum layer 2 market, alongside established players like Arbitrum One, Base, and OP Mainnet.
Eclipse plans to integrate popular Solana-based decentralised apps like Mango, Orca, and Solend, with some applications possibly undergoing rebranding during the transition to the new platform.
At the time of reporting, the Ethereum (ETH) price was $2,562.53.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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