The design of Eclipse's mainnet, a Solana-powered Ethereum layer two (L2) scaling rollup, has been revealed by the group Eclipse, which enables the creation of individualized rollups. The Solana Virtual Machine will help the rollup by acting as an execution layer and utilizing the many security and performance advantages of this blockchain.
Eclipse announces the use of the Solana Virtual Machine for Ethereum L2.
The Eclipse mainnet L2 (layer two) solution, which uses Solana-based technology, was announced by the organization dedicated to developing scaling solutions for Ethereum. The project will employ the Solana Virtual Machine (SVM) to benefit from its advantages over the more widely used Ethereum Virtual Machine (EVM), which the company is promoting as the "fastest" Ethereum rollup.
One of these benefits is the SVM's parallel processing, which makes it possible for performance to scale more effectively. Another advantage over Ethereum's existing capabilities is the potential for local fee markets, which means that one non-fungible token (NFT) incident won't bring the entire network to a halt (as has happened before).
The security element has improved with the implementation of the SVM. By implementing it, contracts are shielded from attacks utilizing reentrancy, a common exploit utilized by bad actors.
In spite of this, the rollup will finalize its status on the Ethereum chain since, in the words of the Eclipse team, Ethereum is "the intellectual, social, and economic center of crypto." The Eclipse team stated it had no immediate plans to develop its own coin, thus transaction fees will continue to be paid in ether.
A More Scalable Ethereum
Although the present Ethereum rollup ecosystem enabled the blockchain to scale and provided users with lower fees, the business, which has already secured $15 million in its seed and pre-seed rounds, believes that it is insufficient to "scale for the masses."
The many-rollup vision, which calls for the construction of a rollup instance for every application, also raises the possibility of fragmentation problems and increases the difficulties faced by users and maintainers who must rely on numerous infrastructure providers to implement these solutions.
Eclipse compares this to "using a sledgehammer to crack a peanut," as ecosystem participants are compelled to make "painful and unnecessary tradeoffs (complexity, cost, worse UX, fragmented liquidity, etc.)."
For Eclipse, the solution is evident, though:
Simply utilize a parallelized VM with local fee markets for state hotspots to achieve the best performance. Exactly that is what the SVM offers.
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