Eclipse Labs Shifts Focus to L2 Infrastructure Development Under New CEO

The company aims to develop groundbreaking applications on its Layer 2 infrastructure after a leadership change and workforce reduction to improve flexibility.

Summary

Eclipse Labs announced a strategic shift towards developing breakthrough applications on its L2 infrastructure, following a leadership change with Sydney taking over as CEO. The company also implemented a 65% workforce reduction to enhance flexibility and streamline operations.

Terms & Concepts
  • L2 Infrastructure: Layer 2 (L2) infrastructure refers to secondary frameworks built on top of blockchain networks to improve scalability and transaction speed.