Eclipse: An innovative Layer 2 solution combining Solana's high performance with Ethereum's security.

Eclipse is a unique Ethereum Layer2 project founded by former traditional finance professional Neel. The project utilizes the Solana virtual machine (SVM) as its execution environment, aiming to create a high-performance and secure blockchain ecosystem.

Neel's experience in the cryptocurrency field began with development work in the Cosmos ecosystem. Subsequently, he developed a strong interest in Roll-Ups technology, believing that this approach has lower operational costs and inflation rates compared to Layer 1. Based on this idea, Eclipse was officially established in September 2022.

What sets Eclipse apart is its combination of Solana's high performance and Ethereum's security. For users, Eclipse offers a Solana-like experience: fast block generation, low latency, and high throughput. From a technical perspective, Eclipse, as a Roll Up system, ensures the correctness of on-chain execution through a proof mechanism, rather than relying on a large number of validators to vote and sign for each state change.

In terms of fraud proof, Eclipse adopts an innovative approach. It uses RISC Zero for ZK fraud proofs, which differs from traditional Optimistic Rollup solutions like Optimism and Arbitrum. Regarding data availability, considering Ethereum's high transaction fees, Eclipse has chosen Celestia as its data availability layer.

The Eclipse team once considered developing Rollup as a Service ( RaaS ) model, but ultimately abandoned the idea. They believe that to make RaaS achieve profitability comparable to SaaS, a large number of Rollups need to be operated, which could lead to serious fragmentation and complexity in user experience.

Compared to Solana, Eclipse has taken a more theoretical approach to solving the problem of junk transactions caused by low fees, drawing on the advantages of Ethereum in economics and computer science theory. This approach is expected to attract more members of the Ethereum community.

The business model of Eclipse primarily relies on sequencer revenue. With Arbitrum's annual income exceeding one hundred million dollars, the Eclipse team believes this is a viable profit strategy.

In terms of project deployment, existing projects with Solana smart contracts can be almost seamlessly migrated to Eclipse. For EVM contracts, Eclipse collaborates with Neon to provide a solution for converting EVM contracts to SVM contracts.

Eclipse has currently deployed 15 different decentralized applications, covering multiple areas such as NFT markets and game incubation. The project plans to open the mainnet to developers early next year, and then to the public.

With the development of Eclipse, it has the potential to become an important bridge connecting the Solana and Ethereum ecosystems, providing new possibilities for the development of blockchain technology.