# Cross Chain Protocol Architectures: Key Trends and Challenges in 2023 with Derek Yoo

- Channel: [Ethereum Denver](https://streameth.org/ethereum-denver)
- Date: 2023-10-07
- Duration: 17:30
- Watch: https://streameth.org/watch/yt-cQED53xZUnQ
- YouTube: https://www.youtube.com/watch?v=cQED53xZUnQ

## Description

2022 saw the emergence of numerous cross-chain messaging protocols from systems like Axelar, Wormhole, LayerZero, Hyperlane, and Polkadot XCM, among others. This also marked the start of a new wave of interconnected dapps that are leveraging new general message-passing capabilities to provide exceptional embedded multi-chain experiences.

In this talk, Derek will share his experience helping dozens of projects pursuing multi-chain strategies. Derek will also dive into cross-chain protocol architectures, current market opportunities, and challenges, including market trends and future directions for cross-chain apps and infrastructure.

Infrastructure + Scalability Stage

Derek Yoo
PureStake CEO & Moonbeam Founder
Moonbeam
Derek is a serial as-a-service technology entrepreneur who has spent the past 20 years building successful software and cloud companies. Prior to PureStake, Derek was the co-founder and CTO of Fuze, where he led the product and engineering teams in the creation of a global Unified Communications-as-a-Service cloud platform with points of presence all around the world, a low latency global network, and a suite of end-user web, desktop, and mobile communications applications. During his time at Fuze, the company grew to 700 employees and a $150M run rate.

https://twitter.com/derekyoo