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What is Eclipse SVM?
What is Eclipse SVM?

What is Eclipse and how does it work?

Eclipse leverages the power of blockchain technology to make digital transactions easier, faster, and more secure.

Think of it as a bridge that connects the best features of two popular blockchain systems: Ethereum and Solana. Eclipse is one of the only Ethereum L2s to embrace Solana technology in their marketing materials and documentation.

Eclipse executes transactions using Solana parallel processing architecture and batches the transactions before they are sent to Ethereum for final checks and an immutable record on the blockchain.

This system provides lightning fast transaction speeds at a low cost while maintaining the confidence of Ethereum security and decentralization.

The most performant battle-tested execution environment in crypto with a high TPS production system

Eclipse

By combining the strengths of two major blockchain platforms Ethereum and Solana, Eclipse offers a fast and secure way to manage digital transactions.

What is $tETH and Unified Restaking Token (URT)?

$tETH and Unified Restaking Tokens are an emerging technology which combines yield-generating protocols on Ethereum into one default yield token. Eclipse has built the new protocol in collaboration with Nucleus, ether.fi, Renzo, Swell, Dinero, Puffer Finance and more continue to join.

Unified Restaking Tokens (URT) reduce the complexity of fragmented liquidity and time spent navigating between different platforms.

What is an Ethereum rollup?

An Ethereum rollup processes many transactions together off the main blockchain to save time and money, then sends a summary back to the main blockchain to ensure security.

This makes transactions faster and cheaper.

What does executing transactions on Solana mean?

Executing transactions on Solana means that transactions are processed using Solana Virtual Machine (SVM) tooling which results in high speeds and low costs.

Solana utilizes parallel execution meaning that the blockchain processes multiple transactions simultaneously instead of one after another.

What does settling transactions on Ethereum mean?

Settling transactions on Ethereum means that once the transaction is processed on Solana, the data is shifted to Ethereum to be confirmed and recorded.

Why does Eclipse use both Solana and Ethereum?

Fast transactions and trusted security.

Solana processes transactions at lightning speed (and low cost) while Ethereum has community acceptance as a secure ledger for recording blockchain activity.

Eclipse Network, an Ethereum SVM L2, combines the best of Ethereum and Solana. it’s Where the most Performant execution environment meets unparalleled liquidity.

Eclipse

Is Eclipse secure?

Eclipse smart contracts and blockchain tools have been audited by industry leader auditor OtterSec.

This includes intensive rounds of penetration testing and examinations of code which have resulted in a passing grade from the auditor.

Who uses Eclipse?

Eclipse is primarily used by Ethereum blockchain developers who are either adapting existing programs to be compatible or creating new programs custom built for use with Eclipse.

How do I use Eclipse with Backpack?

Eclipse can be added to a Backpack Wallet during initial wallet creation or by adding a new network to an existing wallet.

See instructions for how to setup a Backpack Wallet here.

To add a new network to an existing Wallet:

  • Open the Wallet menu at top of app.
  • Select the drop down menu network selector.
  • Choose 'Add Network'
  • Pick Eclipse.

Download Backpack Wallet here.

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Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Backpack. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Backpack is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice.

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