Eclipse is launching with Polygon, the leading Ethereum scaling protocol, to launch Polygon SVM, the first Solana-equivalent scaling solution. Polygon SVM is a Layer 2 blockchain capable of running all smart contracts and tooling compatible with Solana.
Eclipse, a Polygon Ventures portfolio company and recipient of a Solana Foundation grant, will deploy the Sealevel virtual machine (SVM) Layer 2 blockchain for Polygon SVM. With the launch, dApps built for the Solana blockchain can now easily migrate or go multichain to Polygon SVM, providing users with a faster and more efficient experience.
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New Use Cases and Higher Volume for Polygon Transactions
The Solana-equivalent Polygon SVM will offer superior speed for developers building games or high throughput DeFi applications such as central limit order books, enabling new use cases and traffic for the Polygon ecosystem.
“We are thrilled to see Eclipse launch Polygon SVM on the Polygon Network, which will provide developers with a powerful new blockchain infrastructure,” Urvit Goel, VP of Games and Platform at Polygon Labs. “Our vision has always been to see development of novel modular blockchain architectures, and Polygon SVM is the latest addition to the ecosystem of cutting-edge scaling solutions.”
Benefits of the Polygon SVM
- Developers can now choose the SVM on Polygon
- Leverages the security of the existing Polygon network while running the new blockchain
- Faster and more efficient experience
Eclipse is a customizable Layer 2 (rollup) provider that allows blockchain infrastructure developers to choose between different virtual machines, including the Sealevel virtual machine. Its rollup technology enables developers to run a new blockchain while leveraging the security of existing networks such as Polygon.
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“We’re excited to build on Polygon and develop superior scaling solutions,” said Neel Somani, CEO of Eclipse. “Polygon SVM is a first-of-its-kind collaboration between the Polygon and Solana communities.”
Polygon Labs previously acquired the Hermez Network (now Polygon Hermez) to develop the first EVM-equivalent zero-knowledge rollup. Polygon Labs later acquired the Ethereum scaling startup Mir. Polygon Avail, a blockchain that is focused on data availability (ordering and recording blockchain transactions), will provide security for Polygon’s Eclipse chain.
Eclipse announced its $15 million fundraise led by Polychain and Tribe Capital. Since then, the Eclipse team has developed a zero-knowledge Sealevel virtual machine proof-of-concept. The Eclipse developer documentation describes the customizations that it supports. Over 100 projects have expressed interest in deploying to Eclipse chains.
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