The IERC Protocol claims to present a scaling solution that operates between Layer 1 and Layer 2, incorporating the infrastructure of Ethereum to provide scalability and efficiency. Their approach to standardized inscription indexing suggests a potential foundational contribution by enhancing the security and decentralization of the indexing process.

The project indicates a commitment to privacy, interoperability, and user experience by stating its goals of creating a secure, decentralized, and cost-effective ecosystem, seeking compatibility with various inscription protocol services, and potentially improving the interaction cost and experience of Ethereum.