/biz/ - Business & Finance

Premise 1: Eth killers as in taking over from ETH as the settlement layer isn't happening. All their native features such as NFTs, on chain governance etc is useless, blockchains should do what they do well: canonically ordering data and the rest should be application layer.
Premise 2: The "dumb blocks" on eth shards that will basically only provide data ordering and availability. The rest is L1.5/2.
Premise 3: There will be multiple L2s with no single winner due to specialization: zk-rollups, optimistic rollups, plasma for some enterprise use, consortium chains (for example exchanges running an interexchange transfer chain), very specialized custom L2s/execution environments optimized for a single use case, some state channel stuff (even contracts can be run as long at the participants are a known set), sidechains (non shared security, i guess the surviving "eth killers" will also fit here as they all are building bridges to Ethereum).
Premise 3: The fragmentation of dApps kills some of the composability that makes defi great, a solution for fluid movement between environments is critical.

All this points to an emerging swap/movement market where you pay someone a small fee to instantly release funds you deposit on one L2 to your account in another L2 or ETH mainchain (paying to avoid the waiting time for Optimism withdrawals, ie selling your exit transaction, or swapping your exit for someone else's entry allowing them a small compensation for not just entering without a counterparty, etc) for. These may be traditional atomic-swap based or otherwise trustless, based on economic security like bonds and fraud proofs, or brand/trust based (a company specializing in these transfers) since the the period of time you're trusting them is very short and a single fraud will kill their business forever.

Are there any projects working on this? How do I make bank from to future HUGE interoperability market of heterogeneous execution environments on ETH?

Officially made it, treated myself to a high fidelity audio setup (picrel). What are you going to buy once you make it?