Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Skate Launches On TON Network, Expands Multi-Chain Capabilities

According to Odaily, Skate has officially launched on the TON network. Skate's stateless application infrastructure allows applications to run in a single state across both EVM and non-EVM chains simultaneously. This feature enables developers to build applications on Skate without being restricted by virtual machines, making it compatible with all chains.

Skate has announced that users who try the new TON integration will receive additional Ollies points. Furthermore, Skate plans to integrate with Solana and Eclipse in the near future.


#Skate #TONNetwork #MultiChain #EVM #NonEVM #ApplicationDevelopment #BlockchainIntegration #Solana #Eclipse
🚀 Eclipse To Launch Ethereum Layer 2 Mainnet In October

According to Cointelegraph, Eclipse, the first Ethereum layer 2 utilizing the Solana Virtual Machine for transaction execution, is set to launch its mainnet by the end of October. Vijay Chetty, CEO of Eclipse Labs, disclosed this information during an interview at the Solana Breakpoint conference in Singapore on September 20. Currently, Eclipse is on a developer mainnet, allowing developers and builders access, but without enabling any front ends or user interfaces yet.

Eclipse aims to merge the strengths of Ethereum, Solana, and the layer-1 blockchain Celestia, which will be used for data storage, to bring 'Web2 scale to Web3.' Chetty emphasized the vision of combining the best components of each blockchain to avoid their respective limitations. He pointed out that Solana's decentralization constraints and Ethereum's slow transaction throughput have hindered their widespread success. While Ethereum layer 2s offer higher transaction throughput, many blockchains store data off-chain due to costs and other factors. Eclipse's integration of Celestia seeks to address this issue.

The Ethereum layer-2 market is highly competitive, with Arbitrum One, Base, and OP Mainnet being the largest solutions, holding $13.7 billion, $6.5 billion, and $6 billion in total value locked, respectively, according to L2BEAT data. To gain traction, Eclipse plans to integrate several existing 'Solana blue chip apps' and develop native applications. Decentralized exchanges Mango and Orca, along with the lending and borrowing platform Solend, are among the Solana apps expected to expand to Eclipse, some of which will be rebranded.


#Eclipse #Ethereum #Layer2 #Solana #Mainnet #Blockchain #Web3 #Celestia #DecentralizedApps #Crypto #L2BEAT
🚀 Ethereum's First SVM Layer2 Network Eclipse Launches Official Bridge

According to BlockBeats, on October 18, Ethereum's first SVM Layer2 network, Eclipse, announced on social media that its official bridge is now live. Users can claim a commemorative NFT titled 'Path of Discovery,' with the minting window open for seven days. Over the next four months, all platform fees on Scope will be donated to the Eclipse Creator Fund to support artists and their creative activities on Eclipse. As the Eclipse mainnet opens to the public, the withdrawal function will be available in the coming weeks.

#Ethereum #SVM #Layer2 #Eclipse #NFT #PathOfDiscovery #Blockchain #Crypto #CreatorFund #ArtSupport
🚀 Eclipse Faces Accusations of Plagiarism Over GSVM Documentation

According to Odaily, Eclipse recently released documentation for its SVM client, Giga Scale Virtual Machine (GSVM). Solayer's core developer, Chaofan Shou, criticized Eclipse, accusing them of plagiarism. Shou stated that the GSVM proposal shares the same ideas and a similar demonstration process with a technical plan previously released by Solayer. However, Solayer has demonstrated that this plan is ineffective in a real-world operational environment.

#Eclipse #Plagiarism #GSVM #Solayer #ChaofanShou #Documentation #SVM #VirtualMachine #TechNews #SoftwareDevelopment