SVM L2 on Ethereum: Bullish or Bearish SOL? with Neel Somani, Founder, Eclipse
SVM L2 on Ethereum: Bullish or Bearish SOL? with Neel Somani, Founder, Eclipse  
Podcast: Bankless
Published On: Wed Sep 20 2023
Description: Solana on Ethereum? Solana has a virtual machine called the SVM. Proponents say it’s much better than the Ethereum EVM…multi-threaded execution…now it’s coming to Ethereum in the form of an L2.  Today on the show, we brought on CEO & Co-Founder of Eclipse, Neel Somani. Eclipse is not only a new L2 on the scene, it’s also an L2 framework, kind of like the OP Stack. It’s a superchain contender.  This poses some very interesting questions….who wins? Does this kill Solana?  ------ 🎁 Check your wallet with our brand new tool: Claimables  https://bankless.cc/GetClaimables  ------ 📣 AAVE V3 is Here! http://app.aave.com/  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2   ⁠ 🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum   ⁠ 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ⁠ 🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap   🔗 CELO | CEL2 COMING SOON https://bankless.cc/Celo  ----- TIMESTAMPS 0:00 Intro 7:10 Motivations For Eclipse 10:50 Why is the SVM Great? 16:00 How Fee Markets Work?  19:20 Ethereum & Eclipse Pairing 20:25 What Kind of L2 is Eclipse?  23:25 Celestia For Data Availability?  25:30 Security Trade-Offs?  27:30 Transactions on Eclipse 28:00 Economics on Data Availability  33:50 RISC Zero & Eclipse  36:10 Modular Thesis  41:00 Eclipses's Superchain? 44:35 Eclipse Today? 45:20 Winners vs. Losers  46:40 Eclipse vs. Solana  49:00 Bad for $SOL?  52:45 Eclipse Team 53:45 Solana as an L2 55:00 Eclipse Token? 55:45 Future Ecosystems 57:05 Naming This New Tech  58:50 Roadmap 1:00:30 Neel's Bio 1:01:50 Closing & Disclaimers ----- RESOURCES Neel Somani https://twitter.com/neelsalami  ----- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠