Moonhill Capital invests in Eclipse
Eclipse is Ethereum's fastest L2, powered by the Solana Virtual Machine
OVERVIEW
Eclipse is pioneering a modular blockchain architecture that seamlessly integrates Ethereum's security and liquidity with Solana's high-performance execution capabilities. By utilizing the Solana Virtual Machine (SVM) for transaction execution and settling on Ethereum, Eclipse offers a scalable and efficient Layer 2 solution.
This design enables developers to deploy decentralized applications (dApps) that benefit from rapid transaction speeds and reduced costs, all while maintaining Ethereum's robust security framework. The platform also employs Celestia for data availability and RISC Zero for fraud proofs, ensuring comprehensive data management and transaction integrity.
Founded in 2022, Eclipse has garnered significant attention and investment, raising over $65 million through multiple funding rounds. The most notable is a $50 million Series A round led by Placeholder and Hack VC, with participation from investors such as Polychain Capital, Delphi Digital, and Maven 11.
KEY FEATURES
- Solana Virtual Machine (SVM) Integration: Enables high-speed, low-cost transaction execution by leveraging Solana's parallel processing architecture.
- Ethereum Settlement Layer: Utilizes Ethereum for transaction finality, ensuring robust security and access to Ethereum's extensive liquidity.
- Modular Blockchain Design: Separates execution, settlement, and data availability into specialized layers, enhancing scalability and flexibility.
- Data Availability via Celestia: Employs Celestia for efficient data management, reducing storage costs and facilitating easier verification.
- Fraud Proofs with RISC Zero: Incorporates zero-knowledge proofs to verify transaction validity, adding an extra layer of security.
