Eclipse is a DeFi development company that specializes in the development of Layer2 blockchain projects. The firm has recently announced the production of a new project that is created for Polygon SVM.
According to the statement issued by Eclipse devs, the project is also designed to be compatible with the Solana blockchain.
This new project will offer the option for the development projects hosted on the Solana network to migrate to the Polygon SVM ecosystem. The unique quality of this new Layer-2 solution is that it would not require the Solana projects to reconstruct their core programming for the Polygon migration.
Polygon SVM
The developers of Eclipse on Polygon SVM have already shared the expected release date of the said project. They informed the stakeholders that the new update would make its public appearance within the first quarter of the ongoing year.
The testnet for the project is soon to take its first run, and it can add more traction to the Polygon network, which is a cryptocurrency project fairing on the Ethereum blockchain.
Polygon SVM stands for Sealevel Virtual Machine, and it is a blockchain bridge that allows Solana developers to travel to the Polygon network using a programming channel created using Rust.
Solana smart contracts will be able to perform on Polygon SVM. According to the project devs, it uses Optimistic Rollups Technology. The devs have taken inspiration from other Layer2 bridges such as Arbitrum and Optimism. Avail is a data availability protocol that will serve as the base layer for the Rollup.
Furthermore, users on the network will be able to make communications through Polygon and Ethereum mainnet operating as cross-chains. These particulars about the new project have been shared by Neel Somani, the founder of Eclipse.
He concluded the brief by adding that the firm plans to extend the compatibility of these projects to more blockchains in addition to the Solana network.