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Appchains

Jul 12, 2023 • 12 Min Read

What is an Appchain?

Appchains, short for application-specific blockchains, are built to run one specific application or use case. They differ from general-purpose L1/L2 infrastructure chains that run many decentralized applications (dApps) concurrently. While both dApps and appchains technically exist on a base layer blockchain, the key difference is that appchains also operate their own sovereign blockchains while dApps do not. In this piece we will cover factors driving the rise of appchains, how value capture is shifting from this rise, and potential investment opportunities created with th...

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