Founder of Tabi: The success of public blockchains in the past often relied on innovative applications within the ecosystem, and future public blockchains should focus more on the application chain model

Odaily Planet Daily News on May 20th, Tabi founder Xavier pointed out that the success of public blockchains in the past often relied on innovative applications within the ecosystem, such as ETH's ICO and DeFi Summer. However, with the maturity of the industry, this traditional path has gradually become ineffective. He mentioned that HyperliquidX, as a model of "fat application thin protocol", demonstrates a new direction for the future development of public chains. Compared to the multitude of 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 acknowledged Cosmos' contributions in the field of application chains. From account abstraction to inter chain communication, these concepts provide important theoretical foundations for the future development of Layer 1.