I still get confused by the classifications: what is the difference between a dapp and a DeFi "protocol?" Shouldn't only the base layer (ex: Ethereum) and Layer 2 solutions (Polygon, Arbitrum) be called protocols? And anything else built on top be called a dapp?
I still get confused by the classifications: what is the difference between a dapp and a DeFi "protocol?" Shouldn't only the base layer (ex: Ethereum) and Layer 2 solutions (Polygon, Arbitrum) be called protocols? And anything else built on top be called a dapp?