Eclipse to Launch Blockchain Aggregation for Polygon Network with Solana Compatibility – Technology Bitcoin News

Customizable collection provider Eclipse has announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse revealed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily ported to the Sealevel Polygon Virtual Machine (SVM).

How Eclipse’s L2 Scaling Concept Hopes to Improve Blockchain Efficiency

On Thursday, assembly provider Eclipse announced that the startup is partnering with the Polygon team to release the Polygon Sealevel Virtual Machine (SVM). Eclipse famous that Polygon SVM will add new use cases and traffic to the Polygon ecosystem. Additionally, the technology will leverage Polygon’s security and aims to deliver a faster and more efficient experience.

Eclipse works with scalable aggregations, a Layer 2 (L2) scaling concept that combines a large number of transactions to validate them all simultaneously off-chain, before committing them back to the blockchain. Aggregation concepts aim to improve scalability, reduce fees, and preserve the security and decentralization benefits of the underlying blockchain network.

“Ethereum was obviously very slow and very expensive, so it was very obvious that pools were the way to scale Ethereum,” Neel Somani, the founder of Eclipse, explained to Techcrunch. “So we were thinking, what if we did a highly parallelized collection, but the difference is that we stick to a standard toolset that already exists like the Solana Virtual Machine or the Ethereum Virtual Machine (EVM).”

Eclipse raised $15 million last year and is backed by Polychain, Tribe Capital, Struck Crypto, Soma Capital, Tabiya and Galileo. The startup is also a Solana Foundation grant recipient and has partnered with Celestia, Eigenlayer and Near. Somani, a former developer of the Terra blockchain, worked on Terranova, an Ethereum Virtual Machine (EVM) project based on Terra before the Terra ecosystem collapsed.

Tags in this story

Blockchain, Decentralization, decentralized applications, Eclipse, Ethereum, EVM, Fees, Grant Recipient, Highly Parallelized, layer 2, Neel Somani, network, Polychain, Polygon, rollup, Scalability, Scaling, Sealevel Virtual Machine, Security, Smart Contracts, Solana Soma Capital, Standard set of Tooling, Struck Crypto, SVM, Terra, Terra-based, traffic, Tribe Capital, case case, Virtual Machine

What do you think about the new project that Eclipse is developing? Share your thoughts in the comments section below.

Jamie Redman

Jamie Redman is the Head of News at News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News about the disruptive protocols emerging today.

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