Monday Aug 12, 2024
Building the First Solana Virtual Machine L2 on Ethereum
Imagine if you could combine the speed of a cheetah with the size of an elephant. Well in this episode, that's exactly what Eclipse Labs and their CEO, Vijay Chetty are trying to do.
In this episode Ian Andrews (CMO, Chainalysis) speaks to Vijay about where his team got the idea to build Ethereum’s first Solana Virtual Machine (SVM) Layer 2.
Vijay discusses his long standing journey through crypto building and growing projects like Uniswap, dYdX and Ripple, prior to becoming the CEO of Eclipse Labs.
He breaks down Eclipse's strategy of transitioning from app-specific rollup solutions to general-purpose high-performance L2 and the growing demand for 99% of apps on the blockchain demanding higher performance and throughput.
He provides active use cases for the highly demanded faster transaction per second (TPS) and how developers on both Ethereum and Solana could transition to Eclipse as they get set for their upcoming mainnet launch.
Minute-by-minute episode breakdown
2 | Vijay’s journey from Wall Street to Crypto CEO of Eclipse Labs
6 | What it's like working with key industry players like Ripple, dYdXand Uniswap
12 | Introduction to Eclipse Labs and higher throughput and TPS on Solana Virtual Machine L2
17 | What are the use cases that need lighting Transaction Per Second (TPS) speeds
23 | How do developers transition from Solana to Eclipse's Layer 2 on Ethereum
27 | If Eclipse is successful, where does that leave Solana?
30 | Balancing decentralization and regulation in the blockchain ecosystem
33 | Strategies and tips for fundraising as “crypto winter” starts to thaw out
Related resources
Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.
- Website: Eclipse: Solana on Ethereum (Ethereum's First SVM L2)
- Blog: Eclipse Mainnet is Open for Builders
- Announcement: Eclipse Labs Announces $50M Series A Funding co-led by Placeholder and Hack VC
- Blog: WHY ECLIPSE: Solana’s Speed WITH Ethereum’s Liquidity
- Podcast: Ep: 30 - Blockchain Modularity: Understanding the Future of Web3
- Report: The Decade of Digital Dollars: Unlocking economic efficiency with stablecoins
- Blog: How On-Chain Data Can Help Web3 Gaming Companies Attract and Retain More Players
- YouTube: Chainalysis YouTube page
- Twitter: Chainalysis Twitter: Building trust in blockchain
Speakers on today’s episode
- Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)
- Vijay Chetty (CEO, Eclipse Labs)
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