In 2025, the Ethereum (ETH) L2s ecosystem is expected to solve all issues of cross-network interoperability and siloed liquidity with the introduction of ERC-7683 “Cross Chain Intents.” This new cross-chain standard is set to revolutionize the user experience on Ethereum’s L2s, making them more attractive for new generations of developers. Critical ecosystem players like Optimism, Arbitrum, Unichain, Polygon, and Taiko are already on board with this game-changing development.
With the implementation of ERC-7683, Ethereum’s L2s will become finally interoperable, allowing users to seamlessly move assets between various Layer Two networks. Users will be able to create “filler networks,” interoperability spaces designed to standardize the expression of Intents such as token swaps, NFT transfers, and governance votes across EVM chains. Organizers of filler networks will compete to fulfill cross-chain Intents with optimized efficiency and minimized costs, facilitating interoperability and enhancing user experiences.
ERC-7683 will create a unified framework for cross-blockchain interactions on EVM, making all operations routinized. This development will streamline governance for decentralized applications across multiple chains, allowing DAOs to manage governance proposals and voting processes across Layer Two networks and sidechains. This empowers dApps to leverage different chains for specialized functions, paving the way for DeFi apps that combine the speed of Optimism with the security of Ethereum without any extra steps involved.
The introduction of ERC-7683 is expected to bring significant benefits to the Ethereum ecosystem, making L2s more user-friendly and attractive for developers. This new cross-chain standard will enable seamless asset transfers between different Layer Two networks, creating a more efficient and cost-effective ecosystem for users. By standardizing the expression of Intents through filler networks, ERC-7683 will streamline cross-chain transactions and enhance interoperability across EVM chains.
Overall, ERC-7683 represents a major step forward for the Ethereum ecosystem, paving the way for the development of cross-chain apps and unified governance. By allowing decentralized applications to leverage different chains for specialized functions, this new cross-chain standard will enable the seamless integration of various Layer Two networks and sidechains, enhancing user experiences and streamlining governance processes for DAOs. As Ethereum continues to evolve and grow, innovations like ERC-7683 will play a crucial role in shaping the future of blockchain technology.
