As a researcher with experience in blockchain technology and smart contract development, I am excited about the new collaboration between Eclipse and Neon EVM to integrate Ethereum and Solana. This partnership aims to increase interoperability and scalability by combining the capabilities of both blockchains.
The partnership between Layer 2 (L2) blockchain Eclipse and the developer-focused Neon EVM marks a new step towards enhancing the blockchain ecosystem. This collaboration aims to introduce improvements, promoting greater interoperability and scalability by merging Ethereum (ETH) and Solana (SOL).
To bring together the strengths of both Ethereum and Solana, Eclipse has harmonized their functionalities via Neon Stack, which supports both the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM).
Solana And Ethereum Integration
The main goal of this partnership is to incorporate Solana’s high-speed transaction processing capability, capable of handling thousands of transactions each second, into Ethereum.
Neon Stack, a unified development platform, will simplify the process for smart contract developers to ensure Ethereum Virtual Machine (EVM) compatibility on Solana Virtual Machine (SVM)-based blockchain networks. Eclipse intends to utilize Neon Stack on its SVM L2 for seamless integration.
As a Neon Stack analyst, I can describe it as follows: I’ve been observing the Neon Stack since its deployment on the Solana mainnet in July 2023. This innovative solution is comprised of Neon EVM smart contracts and Neon Proxy. Notably, it has facilitated the migration of numerous Ethereum-native Solidity decentralized applications (dApps), encompassing decentralized finance (DeFi), gaming, and decentralized exchanges (DEXs), onto the Solana network using its existing codebase.
Neon EVM-Eclipse Partnership For Cross-Chain Development
As the Chief Commercial Officer (CCO) of Neon EVM, I, Davide Menegaldo, am thrilled about the prospect of Neon Stack and our upcoming collaboration.
Using Neon Stack, we’re blazing a trail for top-tier, expandable infrastructure for decentralized apps (dApps), surpassing the constraints of conventional blockchain designs and reshaping computational productivity. We’re thrilled to have Eclipse as our pioneering industry collaborator making use of Neon Stack.
As a crypto investor, I can’t help but be excited about the recent partnership between [Company Name] and Eclipse Labs. Neel Somani, founder of Eclipse Labs, shared my sentiment, highlighting the significance of this collaboration in his own words: “From my perspective as the founder of Eclipse Labs, the development of our Layer 2 blockchain will greatly benefit from this partnership.”
Through our partnership with Neon Stack, developers can effortlessly transfer their dApps from EVM chains to Eclipse, enhancing the alignment between Solana and Ethereum. For Solidity programmers aiming to construct on a quick L2 that maximizes the benefits of the SVM, this is now a possibility.
As a crypto investor and Ethereum enthusiast, I find it fascinating that more than 13,000 decentralized applications (dApps) call the Ethereum ecosystem home. However, only a minuscule portion, just 0.4%, of these dApps currently interact with Solana via cross-chaining. This collaboration between Neon EVM and Eclipse could open up new avenues for developers to create innovative new dApps utilizing the integration.
As a researcher studying blockchain technology, I can summarize that it is widely held that skilled developers will be capable of creating sophisticated decentralized applications (dApps) utilizing the unique features of Ethereum and Solana, alongside their respective native ecosystems and virtual machines. This can be accomplished through the use of the NEON Stack and Eclipse design.
Currently, NEON EVM’s native token, NEON, is priced at $1.0135. Over the last day, it has experienced a 2.6% price increase, in line with the broader uptrend in the cryptocurrency market. Nevertheless, over the past week, the token has suffered a nearly 8% decrease in value.
Read More
Sorry. No data so far.
2024-05-03 02:10