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Around the ecosystem of mainstream L1 chains, more and more specialized public chains are emerging. These emerging L1s mostly adopt a public chain architecture and have two core features. First, open deployment means that any developer can create smart contracts on the chain without permission. Second, the decentralized validation mechanism allows network participants to have the opportunity to become validators and jointly maintain network security. This design pattern is particularly attractive to startup teams—they not only gain more flexible building space but also leverage the native advantages of these L1 chains to deploy innovative applications. As more teams choose to build on dedicated L1s, we are seeing a multi-chain parallel ecosystem taking shape.