Originally published on: September 20, 2024
Eclipse, the groundbreaking Ethereum layer 2 solution utilizing the Solana Virtual Machine for transaction execution, is gearing up for the launch of its mainnet in October.
In an exclusive interview with Cointelegraph at the Solana Breakpoint conference in Singapore, Vijay Chetty, CEO of Eclipse Labs, announced the public mainnet launch scheduled for the end of October.
The aim of Eclipse is to revolutionize the blockchain industry by bringing “Web2 scale to Web3” through a fusion of Ethereum, Solana, and the Celestia layer-1 blockchain for data storage.
Chetty emphasized the importance of combining the strengths of various blockchains to create a more efficient and effective platform. By integrating features from Ethereum, Solana, and Celestia, Eclipse intends to overcome the limitations that have hindered the success of these blockchains individually.
One of the key challenges faced by existing blockchains, according to Chetty, is the trade-off between decentralization and transaction throughput. While Ethereum layer 2 solutions offer higher transaction speeds, they often compromise on decentralization. Additionally, the cost of storing data on-chain can be prohibitive for many blockchains. Eclipse’s integration of Celestia aims to address these issues and provide a comprehensive solution.
Despite the competitive landscape of the Ethereum layer 2 market, Eclipse is confident in its ability to stand out. By partnering with established Solana applications and developing native apps, Eclipse plans to offer a diverse and robust ecosystem for users. Popular Solana apps such as Mango, Orca, and Solend will be integrated into Eclipse, providing users with a seamless experience across different platforms.
As the launch of Eclipse’s mainnet approaches, the blockchain community eagerly anticipates the impact of this innovative Ethereum layer 2 solution. Stay tuned for further updates on Eclipse’s journey to transform the decentralized landscape.
