Shardeum Ecology and Fundraising Director Greg Hemmer Highlighted Prosperous Decentralized Protocols And Scalability

At the “FORESIGHT 2023” annual summit jointly hosted by Foresight Ventures and Foresight News, Greg Hemmer, Director of Ecology and Fundraising of Layer1 blockchain Shardeum founded by WazirX co-founder and CEO Nischal Shetty, noted at the “Discovering the Next Frontier” Round Table that as problems and collapses of centralization continued to emerge, such rising decentralized protocols as GMX and dYdX are growing more prosperous. At the same time, in order to reduce the cost of decentralization, it is crucial to improve scalability for public chains to run at lower costs and therefore attract more users to join.