L2 Scalability Solution Eclipse Implements Solana Virtual Machine for the First Time, Integrates with Celestia to Optimize Data Storage

According to Cointelegraph, Vijay Chetty, the CEO of the Ethereum L2 scaling project Eclipse, announced on September 20, 2024, at the Solana Breakpoint conference in Singapore that Eclipse's mainnet will launch at the end of October 2024. What makes this launch unique is that Eclipse is the first Ethereum L2 blockchain to use the Solana virtual machine to process transactions.

Introducing Web2 Economies of Scale, Optimizing Data Storage with Celestia

Chetty stated that Eclipse aims to bring the technology and economies of scale of Web2 into Web3, combining them with Celestia modules of Ethereum, Solana, and L1 blockchains to optimize data storage and enhance operational efficiency. He added that Eclipse is currently operational on the developer mainnet for developers to use, but there is no user interface available for general users at the moment.

Chetty further mentioned the vision of Eclipse to capture the strengths of each blockchain, modularize them, and combine them to form a blockchain while avoiding their weaknesses. He cited the significant impact of factors such as "Solana's decentralized limitations" and "Ethereum's slow transaction speeds" on the progress of blockchains. Additionally, he noted that although many Ethereum L2 scaling solutions have improved transaction speeds, due to cost issues, data storage has to be kept off-chain. Therefore, Eclipse aims to integrate with Celestia to address this issue together.

L2 Scaling Market Competition, Eclipse Integrating Existing Resources and Building New Applications

Once Eclipse goes live, it will face competition in the Ethereum L2 market. According to L2Beat, Arbitrum One, Base, and OP Mainnet are currently the top three L2 scaling solutions with assets of $13.7 billion, $6.5 billion, and $6 billion, respectively.

Chetty mentioned that Eclipse plans to integrate multiple existing Solana blue-chip applications and develop native applications to compensate for competitive disadvantages. He added that future Solana applications expanding to Eclipse include decentralized exchanges like Mango and Orca, as well as lending platform Solend, with some of these applications to be rebranded.