Gm Web3,
Today marks a massive day for the blockchain developer community.
In a strategic alliance shaping blockchain networks, Eclipse becomes the first to break the EVM-SVM compatibility barrier through the integration of Neon Stack, a production-ready technology suite developed by the core Neon EVM team. The goal is nothing short of enhancing compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM), ushering in a new era of possibilities for developers and users alike.
With this collaboration between the two teams, Neon Stack brings EVM compatibility to Eclipse. Together, we aim to have a significant positive impact and bring Web3 closer to mass adoption.
We know you have questions, and we are here to explain.
Eclipse's Unique L2 Modular Design
Eclipse is an Ethereum L2 chain using the Solana Virtual Machine as its execution layer. In the fierce battle for solving the scalability trilemma, Solana, Ethereum, and their accompanying ecosystems are often pitted against each other. Eclipse aims to reconstruct this by bringing together the best from both. By integrating the SVM, Eclipse brings Solana’s ability to handle thousands of transactions per second onto Ethereum and envisions a future marked by unparalleled throughput and scalability. Here, the modular design of Eclipse acts as the cornerstone, intelligently addressing and resolving scalability concerns ingrained in Ethereum's main chain.
Sounds exciting, right - building on Ethereum using Solana’s superior scaling capabilities. But how will this be realistic? Can it happen, anon? Because Ethereum uses the EVM bytecode, sequential transactions, and ERC smart contracts while Solana powers through with SVM-specific bytecode and its Sealevel parallel processing?!? You say EVM<>SVM, but where’s the compatibility, and what about that ever-looming daunting task of rewriting non-compatible code, questions the dev!!
That’s where Neon Stack partners with Eclipse to offer a piece of the developer’s missing puzzle—EVM compatibility infrastructure. Neon Stack adds seamless infrastructure to make this dream realistic for Web3 developers.
Read on to discover how Neon Stack is Empowering Developers and Redefining Blockchain Infrastructure!
Neon Stack: Production-Read Technical Stack for EVM-SVM Compatibility
Neon Stack is a standardized development stack designed to facilitate EVM compatibility for smart contract developers within SVM-based blockchain networks. In simpler terms, it serves as a toolkit or framework that allows SVM-powered blockchain networks, such as Eclipse, to seamlessly integrate support for Ethereum-native solidity dApps.
Neon Stack comprises essential components, including Neon EVM smart contracts and Neon Proxy, which power through to enable EVM compatibility on SVM-based chains.
It allows EVM-compatible dApps (for instance written in Solidity or Vyper) to tap into Solana’s network benefits: low fees, high transaction speeds, and transaction execution capabilities. Neon Proxy packs an EVM transaction into a Solana transaction and provides Web3 API for dApps. This eliminates the burden of implementing conversion logic, allowing project teams to focus on building their products/services without worrying about compatibility between their Solidity smart contracts and the Solana ecosystem. Neon Stack is time-tested and has been live on Solana mainnet since July 2023.
While many EVM-based stacks like OP Stack and Polygon CDK exist in the market today, they only encourage innovation within the Ethereum ecosystem. Neon Stack is the first EVM stack on SVM and the only mainnet live solution to offer this compatibility between the two L1s—Solana and Ethereum—and their native ecosystems.
Eclipse is the first integration partner for Neon Stack, adding EVM compatibility to its SVM network. This presents an interesting market opportunity because, despite over 13,000+ dApps thriving on Ethereum's ecosystem, only 0.4% have been able to venture onto SVM-based chain such as Solana and Eclipse, highlighting significant untapped market potential.
Neel Somani, Founder of Eclipse Labs, says, “Our partnership with Neon Stack will allow developers to seamlessly deploy their dApps from EVM chains to Eclipse, further strengthening the harmonization between Solana and Ethereum. Solidity developers that want to build on a high-performance L2 that uniquely utilizes the strengths of the SVM can finally do so."
While developers on Eclipse will be able to enjoy SVM execution retaining the familiarity of working with Ethereum-native developer suites like Hardhat, Remix, and Truffle, users too will be able to interact with dApps using EVM tools (e.g., Metamask) and enjoy the same experience as they do on Ethereum.
Davide Menegaldo, CCO Neon Foundation, adds, "This partnership isn't just about merging technologies; it is about harmonizing two powerful ecosystems to create a seamless experience for developers. We remain committed to providing a future where the intricacies of blockchain compatibility are not just solved but are, in fact, truly navigable for dApp builders and their users."
Set to fully launch in the coming months following test runs and optimizations, this partnership deployment will help unlock interoperability at all levels, including developer and user layers. Benefits include:
For the developers: Web3 builders and developers get the best of all elements—modularity, EVM compatibility, Ethereum, and Solana’s excellence. This partnership allows developers to focus on innovation rather than grappling with compatibility, scaling, and other challenging issues. Developers can build leveraging Eclipse’s modular architecture and parallel execution SVM while utilizing Neon Stack’s robust infrastructure.
For the users: Users retain the familiarity of their Ethereum-native tools and wallets, such as Metamask, WalletConnect, and Ledger, etc., while experiencing the advantages of Solana’s throughput and efficiency on the Ethereum chain. Users will see the benefits of faster and cheaper transactions, and the partnership holds the potential to provide respite from the burgeoning gas fees issue for gaming, NFT, and other dApps on Ethereum.
By uniting Solana and Ethereum’s strengths, the partnership accelerates the journey towards web3 mass adoption, fostering a more inclusive, interoperable, and accessible blockchain ecosystem.
We have a lot of exciting updates to share with our community. This collaboration between two innovative Web3 teams opens up exciting opportunities for developers to push the boundaries of what is possible. That said, come see the buzz within the community on Discord and stay tuned for all the alpha on our Twitter.
If you plan to build your dApp and deploy Neon Stack, contact Vishvendra Dhayal, our Business Development Manager, at [email protected] for a discussion. Don’t miss a beat: join our Discord and Twitter for the latest updates.
About Neon EVM:
Neon EVM is an Ethereum Virtual Machine on Solana that allows developers to scale Ethereum dApps using Solana as the settlement layer. It operates as a smart contract on Solana that accepts transaction requests via public RPC endpoints. It allows developers to deploy Ethereum dApps directly with minimal reconfiguration to the code while benefiting from Solana's technical advantages such as parallel processing. For more information about Neon EVM and future updates, visit NeonEVM.org and connect with the community on Twitter or Discord.
About Eclipse:
Eclipse is an Ethereum L2 powered by the Solana Virtual Machine. Eclipse combines the best pieces of the modular stack, utilizing Ethereum for settlement, the Solana Virtual Machine for execution, Celestia for data availability, and RISC Zero for proving. This novel architecture enables a high-performance L2, with access to Ethereum's liquidity, while maintaining the hard constraint of verifiability. Eclipse gives developers a general-purpose L2 capable of massive scale that can power the next generation of decentralized applications. If you would like to learn more about Eclipse, visit eclipse.xyz, and join the community on Twitter and Discord.
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