Eclipse as a Chain or Network Framework

17min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The chapter explores the concept of Eclipse as either a single chain or a network framework, and discusses the scalability of layer twos and rollups in the Ethereum ecosystem. It also examines the differences between Eclipse and Solana in terms of decentralization and economics, and highlights the current status of Eclipse including its test net and upcoming mainnet launch.

Solana on Ethereum? Solana has a virtual machine called the SVM. Proponents say it’s much better than the Ethereum EVM…multi-threaded execution…now it’s coming to Ethereum in the form of an L2.

Today on the show, we brought on CEO & Co-Founder of Eclipse, Neel Somani. Eclipse is not only a new L2 on the scene, it’s also an L2 framework, kind of like the OP Stack. It’s a superchain contender.

This poses some very interesting questions….who wins? Does this kill Solana?

------ 🎁 Check your wallet with our brand new tool: Claimables https://bankless.cc/GetClaimables

------ 📣 AAVE V3 is Here! http://app.aave.com/

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2 ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask

⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ⁠

🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap

🔗 CELO | CEL2 COMING SOON https://bankless.cc/Celo

----- TIMESTAMPS

0:00 Intro 7:10 Motivations For Eclipse 10:50 Why is the SVM Great? 16:00 How Fee Markets Work? 19:20 Ethereum & Eclipse Pairing 20:25 What Kind of L2 is Eclipse? 23:25 Celestia For Data Availability? 25:30 Security Trade-Offs? 27:30 Transactions on Eclipse 28:00 Economics on Data Availability 33:50 RISC Zero & Eclipse 36:10 Modular Thesis 41:00 Eclipses's Superchain? 44:35 Eclipse Today? 45:20 Winners vs. Losers 46:40 Eclipse vs. Solana 49:00 Bad for $SOL? 52:45 Eclipse Team 53:45 Solana as an L2 55:00 Eclipse Token? 55:45 Future Ecosystems 57:05 Naming This New Tech 58:50 Roadmap 1:00:30 Neel's Bio 1:01:50 Closing & Disclaimers

----- RESOURCES

Neel Somani https://twitter.com/neelsalami

----- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠