Odaily Planet Daily News On May 20, Tabi founder Xavier pointed out that the success of public chains in the past often relied on innovative applications within the ecosystem, such as ETH's ICO and DeFi Summer. However, as the industry matures, this traditional path has gradually become ineffective.
He mentioned that HyperliquidX, as a model of "fat application thin protocol", shows a new direction for the development of public chains in the future. Compared with the numerous DApps, future public chains should focus more on the application chain model to improve efficiency and practicality. Application chains may become the key to the success of the next generation of public chains.
In addition, Xavier also affirmed Cosmos' contribution to the application chain field. From account abstraction to inter-chain communication, these concepts provide an important theoretical basis for the future development of Layer 1.