In the development of blockchain technology, Ethereum, as a pioneer of smart contract platforms, faces challenges in scalability and performance. Eclipse, as a second-layer solution for Ethereum, came into being, innovatively integrating Ethereum and Solana technologies, providing an efficient path for the construction of decentralized applications (dApps).
🟩 Technical Architecture
1. Combining the advantages of Ethereum and Solana
Eclipse uses the Solana Virtual Machine (SVM), combined with Ethereum's powerful liquidity and Solana's parallel execution capabilities, to solve the performance bottleneck of single-threaded execution of most second-layer solutions and achieve high speed and scalability.
2. Modular design
1. Settlement: Ethereum is used for settlement to ensure transaction security and asset value foundation.
2. Data availability: Celestia provides data availability, publishes data efficiently, and reduces costs.
3. Fraud proof: Use RISC Zero for fraud proof to ensure system security.
(III) SVM characteristics
1. High throughput: allows processing of more intensive applications and meets the needs of large numbers of transactions.
2. Local fee market: optimize resource allocation and improve transaction efficiency.
3. Intelligent state management: critical to the operation of complex applications.
🟩 Advantages Analysis
1. Speed and efficiency
With the help of Solana technology, Eclipse can process transactions quickly and at low cost, suitable for applications with high performance requirements.
2. Security and Decentralization
Benefiting from the security of the Ethereum mainnet, it provides reliable protection for users while maintaining decentralization.
3. Interoperability
Developers can create applications across the Ethereum and Solana networks, promote cross-chain solutions, and improve the interoperability of the blockchain ecosystem.
Scalability
As Ethereum's second layer, it helps Ethereum overcome scalability limitations and provide space for more users and dApps.
🟩 Token Economic Model
1. Introduction to tETH
Eclipse and Nucleus have launched a unified re-staking token, tETH, which integrates the Ethereum yield generation protocol to provide users with a convenient way to obtain income, diversify risks and maximize reward exposure. However, tETH is not a native token of Eclipse.
2. Native tokens to be launched
The economic model of the native token has not yet been announced and is subject to subsequent updates.
🟩 Financing History
1. Pre-seed round
In August 2022, it completed a US$6 million Pre-seed round of financing, with investors including Polychain, P2 Ventures and other institutions.
2. Seed Round
On September 27, 2022, it completed a US$9 million seed round of financing, with participation from Tribe Capital and other institutions.
(III) Round A
On September 27, 2024, the $50 million Series A financing was completed, with participation from many institutions and individual investors such as Placeholder. After three rounds of financing, the total financing reached $65 million, and the project valuation reached $1 billion.
🟩 Future Development
Ethereum regards Rollup as its core development route, bringing Layer 2 broadly defined competition to the market. Eclipse uses modular development to integrate Ethereum security, Solana high performance and Celestia DA to build a strong market narrative, which is expected to stand out from the competition and promote the scalability and application innovation of the Ethereum ecosystem.