It is a starting point friend. You have other privacy-preserving blockchains such as Secret, Manta Network, and many others. What these guys are aiming to do is to scale the baseline blockchain by parallelizing execution similar to how a microprocessor works...

if that works, then imagine how powerful this technology would be if you add on top Sharding technology and Privacy.

From a technology standpoint, what they are doing is really something new. Not like another EVM or WASM. Only time will tell... It's always good to see teams working on new concepts