Alliance Co-founder Claims Public Chains Will No Longer Matter to Users

Alliance co-founder Imran Khan stated that for most users, the public chain itself will become secondary, with the focus shifting to products that serve end users through upper-layer services. Launch platforms are being commoditized, and platforms with deep network effects or differentiated niches are becoming more competitive. The on-chain front end has weakened the stickiness and community identity of a single venue, allowing users to access multiple venues through the same interface, thereby reducing switching costs. This applies equally to lending, exchange routing, cross-chain bridges, and most trading infrastructures; user stickiness will shift to the party that controls user relationships.

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