Tabi founder: In the past, the success of public chains often relied on innovative applications within the ecosystem. In the future, public chains should focus more on the application chain model.

Mars Finance News, on May 20th, Tabi founder Xavier pointed out that the success of public chains in the past often relied on innovative applications within their ecosystems, 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 prime example of "fat application, thin protocol", demonstrates a new direction for public chain development. Compared to numerous DApps, future public chains should focus more on the application chain model, improving efficiency and practicality, and application chains may become the key to the success of the next generation of public chains. Additionally, Xavier affirmed Cosmos's contributions in the application chain field. From account abstraction to inter-chain communication, these concepts provide important theoretical foundations for the development of future Layer 1.