Summary
TLDR: Eclipse, a modular blockchain, raised $50 million in funding led by Placeholder and Hack VC. They aim to improve Ethereum scalability using separate layers for execution, settlement, consensus, and data availability. The platform will launch mainnet in Q2 of 2024 and has already attracted interest from dapps like Rarible, Pyth Network, and Solend.
Key Points
1. Modular blockchain Eclipse has secured $50 million in a Series A funding round led by Placeholder and Hack VC, bringing its total funding to $65 million.
2. Other investors including Polychain Capital, Delphi Digital, Maven 11, DBA and Fenbushi Capital also participated in the round.
3. Blockchain modularity refers to the different design layers of a blockchain stack. These include execution, settlement, consensus and data availability.