Introduction The Ethereum Layer 2 race has seen another significant development as Eclipse Labs, a modular blockchain developer, announced the completion of a $50 million Series A financing round, co-led by Placeholder and Hack VC, with participation from top-tier institutions like Polychain Capital and Delphi Digital. This brings Eclipse's total funding to $65 million, setting a new record for single-round financing in the Layer 2 space. The news has drawn attention to a critical question: C...