In this episode, we dive deep into the architecture and philosophy behind Eclipse with CTO Ben Lipschitz and Head of Strategy Terry. The conversation explores why applications need control over their own sequencing, challenging the traditional model where validators capture all the value. Learn about Eclipse's unique position bridging Ethereum and Solana ecosystems, their approach to local fee markets, and why the future of L2s may depend more on user/liquidity networks than settlement assurances. Thanks for tuning in!

- -

Follow Terry: https://x.com/0xtaetaehoho

Follow Ben: https://x.com/convoluted_code

Follow Nick: https://x.com/nickwh8te

Follow Mike: https://x.com/MikeIppolito_

Follow Expansion: https://x.com/ExpansionPod_

Subscribe on YouTube: https://www.youtube.com/@expansionpod

Subscribe on Apple: http://apple.co/4bGKYYM

Subscribe on Spotify: http://spoti.fi/3Vaubq1

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

--

Timestamps:

(00:00) Introduction

(03:51) Network Effects of Settlement vs Execution

(18:12) Who has Leverage?

(25:03) Application Specific Sequencing

(38:55) L1 or L2 MEV Split

(49:06) How do L1s Impact L2s

(54:39) Selecting an L1

- -

Disclaimer

Expansion was kickstarted by a grant from the Celestia Foundation.

Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.