Protocol Owned Chain

Definition ∞ A Protocol Owned Chain is a blockchain network specifically developed and maintained by a particular decentralized protocol or application to serve its unique operational needs. This dedicated chain provides a customized environment for the protocol, offering optimized performance, lower transaction costs, and greater control over its technical specifications. It avoids reliance on general-purpose public blockchains.
Context ∞ Crypto news may feature protocol owned chains when major decentralized applications or ecosystems opt to build their own infrastructure for enhanced scalability and specialization. These developments often signal a move towards greater autonomy and efficiency for specific projects. The success of a protocol owned chain depends on its ability to attract users and developers to its specialized environment.