Eclipse Launches Mainnet Blockchain with Ethereum-Solana Hybrid Layer-2 Network
Eclipse officially launched its highly anticipated mainnet blockchain on Thursday, introducing a groundbreaking layer-2 network that combines technology from Ethereum and Solana. This innovative network aims to provide faster transaction speeds and lower fees for users.
Similar to other layer-2 Ethereum rollups, Eclipse operates as its own network using the Solana Virtual Machine (SVM). This architecture allows for efficient and cost-effective execution, drawing on Solana’s reputation for speed and affordability.
Eclipse CEO Vijay Chetty expressed excitement about the platform’s ability to bridge the Ethereum and Solana ecosystems. Developers can now scale their applications without having to choose between the two leading blockchain networks.
The SVM architecture enables Solana-native developers to create dApps that offer improved performance and lower costs compared to Ethereum-native apps. By leveraging the strengths of both ecosystems, Eclipse aims to facilitate seamless interoperability between dApps.
Several projects have already joined the Eclipse mainnet, including DeFi platform Orca and consumer-focused Save and Nucleus. Over 60 decentralized applications in finance, gaming, and digital services are expected to be hosted on the network.
Despite its success, Eclipse has faced challenges along the way. Former CEO Neel Somani was removed from the company following allegations of misconduct. Additionally, controversy arose over the allocation of token supply to a partner at Polychain, leading to concerns about transparency and conflict of interest.
