Friday, May 9, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

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

February 24, 2023
in Crypto Updates
Reading Time: 3 mins read
A A
0

[ad_1]

Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility

Customizable rollup supplier Eclipse introduced that the startup is launching a scaling resolution that’s appropriate with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run sensible contracts on Solana, and decentralized purposes (dapps) can be simply migratable to the Polygon Sealevel Digital Machine (SVM).

How Eclipse’s L2 Scaling Idea Hopes to Enhance Blockchain Effectivity

On Thursday, rollup supplier Eclipse introduced that the startup is collaborating with the Polygon crew to launch the Polygon Sealevel Digital Machine (SVM). Eclipse famous that the Polygon SVM will add new use circumstances and site visitors to the Polygon ecosystem. Moreover, the know-how will leverage the safety of Polygon and goals to supply a quicker and extra environment friendly expertise.

Eclipse works with customizable rollups, a Layer 2 (L2) scaling idea that mixes a lot of transactions to validate them suddenly offchain, earlier than committing them again to the blockchain. Rollup ideas intention to enhance scalability, scale back charges, and keep the safety and decentralization advantages of the underlying blockchain community.

“Ethereum was clearly nonetheless actually gradual and nonetheless very costly, so it was very apparent rollups have been the trail to scaling Ethereum,” Neel Somani, the founding father of Eclipse defined to Techcrunch. “So we have been pondering, what if we made a extremely parallelized rollup, however the distinction is that we follow a regular set of tooling that already exists just like the Solana Digital Machine or Ethereum Digital Machine (EVM).”

Eclipse raised $15 million final yr and is backed by Polychain, Tribe Capital, Struck Crypto, Soma Capital, Tabiya, and Galileo. The startup can also be a grant recipient of the Solana Basis and has labored with Celestia, Eigenlayer, and Close to. Somani, a former Terra blockchain developer, labored on Terranova, a Terra-based Ethereum Digital Machine (EVM) mission earlier than the Terra ecosystem collapsed.

Tags on this story

Blockchain, Decentralization, decentralized purposes, Eclipse, Ethereum, EVM, Charges, Grant Recipient, Extremely Parallelized, layer 2, Neel Somani, community, Polychain, Polygon, rollup, Scalability, Scaling, Sealevel Digital Machine, Safety, Sensible Contracts, Solana, Soma Capital, Normal Set of Tooling, Struck Crypto, SVM, Terra, Terra-based, site visitors, Tribe Capital, use circumstances, Digital Machine

What do you consider the brand new mission being developed by Eclipse? Share your ideas within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information in regards to the disruptive protocols rising in the present day.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any harm or loss induced or alleged to be brought on by or in reference to using or reliance on any content material, items or providers talked about on this article.

Extra Widespread Information

In Case You Missed It

[ad_2]

Source link

Tags: BitcoinBlockchainCompatibilityEclipseLaunchNetworkNewsPolygonRollupSolanaTechnology
Previous Post

Hong Kong and Singapore: Open to Crypto

Next Post

EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official

Next Post
EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official

EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official

The Bitcoin ETF Debate

The Bitcoin ETF Debate

How Ethereum is Leading the Way

How Ethereum is Leading the Way

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.