• The SVM’s enhanced performance has made it Eclipse’s preferred option over the EVM.
• Ethereum would provide the support for validation on the network. 

“By boosting others, you will boost yourself. A little competition is a good thing, and severe competition is a blessing.” This quote by Jacob Kindleberger seems to be the path that Solana [SOL] wants to follow based on the latest update provided by a new project.

Read Solana’s [SOL] Price Prediction 2023-2024

Solana for scale, Ethereum for settlement

The rationale for this conclusion can be found in Eclipse mainnet’s introduction of the Ethereum [ETH] SMV L2. As a modular rollup stack, Eclipse aims to provide settlement, data availability, and high-performance execution for its users.

Because of this, Solana, which was once dubbed the “Ethereum Killer” now has to work in conjunction with Ethereum on Eclipse. According to the Eclipse mainnet disclosure, the SVM, a tag for the Solana Virtual Machine would be the best execution environment for its objective.

In quick summary, the SVM is the execution infrastructure that enables smart contracts/programs on the network. Unlike the Ethereum Virtual Machine (EVM), the SVM provides enhanced performance than EVM, which is the dominant machine standard in the blockchain industry.

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Author: Victor Olanrewaju

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