Fat protocol vs Fat ApplicationThe Fat protocols thesis first emerged in 2016. This suggests that in the web3 space, protocols (here blockchains) are fat, and applications are thin. That means the value is locked in the protocol layer, and the app layer shares a lower value. Ethereum acquires the most investor's attention. The reason behind this is the vast ecosystem it has created around it. So it's needless to say that a protocol can not be successful without its ecosystem and the...