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Partner Spotlight: From Software to Sovereignty: Kritesh’s Journey and the Architecture of XPHERE
Recorded: Aug. 21, 2025 Duration: 1:21:51Space Recording
Full Transcription
Music Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Okay!
Hi everyone!
Hello! Hello.
Okay, there we go. I think we are now good to go.
I'm just confirming.
Alright, yeah, I can hear myself.
Hi Kritesh.
Are you in there, Kritesh?
Hey, we might have some trouble in here.
Unfortunately, well, egg spaces work. The way it does, as all of us know. Kritesh, could you please try to unmute yourself?
And yeah, we can do a quick mic check. all right let me check real quick with krita ash uh thanks everyone for your patience and for
bearing with us us.
By the way, I see some people requesting to speak.
Guys, if you have a question for Kritesh
and you would like to talk to him,
we would have to wait until the end
to make sure that, well, you know,
it's not a question that is covered by Kritesh Live.
And yeah, also feel free to drop a comment
with your question and well i will be going through the
comment section every now and then and if the question isn't going to be covered by kritech
then yeah we can introduce it live during the session thank you very much. Okay, we seem to have some trouble getting Kritesh on stage.
Um, yeah, we will try to fix that.
And, well, get back really, really soon.
Thank you all for your patience again All right, maybe in the meantime, we can start it off with some of the listeners in the audience.
Let me just check what Zyra has to say. Hey, hi there.
Hey, Zyra CM, can you hear us?
Hey, hello. Hey, Hey hello how's it going? I'm fine. So I have a question. Yes please
let us know. How will you give the jelly reward? Sorry? How many winners in jelly um i don't quite understand the question sorry
um hello
All right, well, let's introduce Onisha.
Onisha Weezy, are you there?
I am here.
Hey, hello, how's it going?
It's going all right.
Cool.
All right, thank you you have a question for X fear or 13 the previous
guy asked how do you intend to share this really war like how many people
that's what he was trying to get to know oh all right um well it's ultimately um up to the xfew team because uh
it's uh their campaign and yeah in collaboration with anchor for interrupting um yes yeah uh this
is ray from xfair i'm a marketer for xfphere. All of the questions regarding Zili can be turned to Telegram.
All of our mods are on for your questions.
So for now, I think we can go on with the AMA rather than the Zili questions.
But hold on to the AMA till the end since we are going to reveal the secret for you guys.
Thank you very much. thank you so much and
yeah thank you so much thank you so much from xview um yeah i hope that answers your question
um right now we are focusing on the ama um the partner spotlight how it's from the partner
spotlight series and yeah we will have kritesh on
air very soon and if you have a question be it technical or be it personal you would like to
know more about him you would like to know more about his journey uh please let us know but yeah
if you have any other um zealy campaign questions um or, anything that requires some support from a moderator,
then please feel free to join XFIRS community channels.
All right.
Hi Alexa, how are you? Hi, Alex. Let's up.
OK, then Thailand GFX.
How are you? Hey.
Talent GFX. how are you?
Hey, you have a question for Gritesh? okay I guess not unfortunately if the speaker seats are limited so guys if you
don't have an immediate question either for Kritesh or for the xvr team
or for anchor i will have to remove you from the speakers list Hey, Koda, how are you?
Hey.
Hey, hi there. Yeah, you have a question yes can i ask my question uh yeah please
my question what is your roadmap plan 2025 can you share some upcoming plan
Can you share some upcoming plan?
Yeah, that's something that Kritech will definitely cover
during the AMA.
So please stay with us and you will find out.
Okay.
All right, thank you so much for your question, Koda.
And thank you for your answers.
All right. let's continue Thank you. you
we are trying to get victor connected but it seems to be struggling a little bit. Okay, we have Zyra again.
We have Zyra again.
We have Zyra, we have SN. You guys can unmute yourself.
Hey, Jim, Jim everyone.
Hey, Jim, Jim, Jim, how's it going?
It's good, Z.
I want to know the relationship between these two projects in Karen X-ray anchor and a sphere yeah oh okay okay well yeah I'm
just going to go through very very quickly if you don't mind because today you know our our protagonist is of
course Xphere a sphere and anchor so a sphere is basically anchors enterprise
arm and yeah I mean all the enterprise grade stuff that we are doing and you know more on the SOC 2 for example
oh it's not regulation it's I forgot the actual word for it
yeah we are passing SOC 2 as well with the A-Sphere branch you know it's just a different branch
I hope that answers your question
yeah it does it does all right thank you so much
uh zara again oh we have kritesh gm fritesh how are you doing yeah i'm doing good sorry to be joining there
nice no problem sir
no problem sir yeah no problem x works the way it works um hopefully elon musk listens to this
face you know and well implements some improvements uh it's definitely not the first time that we have
an issue you know when trying to onboard a speaker.
It happens to like, to me personally, sometimes I'm using the Anchor account and of course my personal account, Sergio, to host it.
And oftentimes I have trouble also getting myself on it.
So that's why today I, well well you saw an internal chat I joined a
little bit earlier and I was like well hopefully everything goes all right
yeah and well we have finally our shooting star and the session and um yeah i would just get officially started then so yeah of course nice thank you
kritesh and welcome everyone back to another episode of the anchor partner spotlight where
we explore the most exciting minds and technologies shaping the future of web3 today we are joined by
someone who brings not only deep technical
insights but a fascinating personal journey as well so it's kritesh co-founder of xphere and
according to my research kritesh has over 18 years experience in the software industry and of course passion for reimagining how blockchains are built
he's here to tell us how xphere is solving the blockchain trilemma and why india keeps producing
top tiers of our talent across the globe which is something we will be touching on as well
and kritesh it's great to have you finally on the show uh would you start off by
briefly introducing yourself and how would you join crypto yeah of course like uh actually i
have always loved with how technology can solve the real problems and uh like when I walked on like in the media streaming at Motorola or the device connecting at a Samsung, it felt like putting together the pieces of the puzzles.
Okay.
So, but when I got into blockchain, I noticed something frustrating and most platform made you choose between speed, security and the QMS.
You cannot have, you know know all three at once so
that's why I started Xphere so I wanted to build you know I'm with the blockchain that's fast safe
and open to everyone and all at that at the same time no compromise experience really reflection
of everything and I have learned over the years keep it simple make it
useful and always put the users first yeah already since i have a great experience like in the
product based organizations where i just work just like nokia samsung and the polycomp and
other product based organizations like motorola and all, where I get to know about how exactly, you know,
make your products to be, you know, secure and most important,
you know, simple.
So that, okay, any users who is coming from any background,
like even tech users or the not tech users,
they can use your product, you know, easily.
So that's, you know uh my you know
mindset when i was just going to build the you know expert uh because uh yeah if you
put a lot of tech on that one and user is uh you know very much you know uh taking difficulties
to you know use them then even you put, you know, it's a good technologies
or good things, but if the user can't understand, then probably it would be failed.
So, you know, that is the simple answers, which I just, you know, from my side, whenever
just, you know, going to, you know with the expert uh using my previous expertise very
interesting and sir um when did you join crypto in which year out of curiosity yeah i just joined in
2018 onwards oh wow yeah kind of an og already yeah Yeah, so yeah, actually, you can say like, Ethereum smart contracts and all those things
is getting the spaces and people know about the Bitcoin network mostly.
And people just start working on the you know in the ethereum side so uh indeed that's uh yeah so decentralization
spot actually that is uh you know very interesting uh which which actually the where i just show the
interest and just start working on how exactly we can just connect to globally like seamlessly
uh without you know uh essential chips and all so that's one of the key reasons i
just come to the block yes yes indeed crazy times uh i joined yeah also by the same time uh very
late 2017 uh early 2018 and wow uh still have good memories from those times lost a lot of a lot of money in icos but well
that brought us here today and i also read uh you had a really rich career right so it's nearly two
decades that's quite a lot of time and i was curious um what made you decide to get into software engineering in the very first place?
What were some of the early moments that shaped your approach to technology?
Were you always a kid that really liked technology?
Yeah, of course.
I mean, so over the years I have learned one thing.
Best tech is the kind you don't even notice.
It just works.
Okay.
So whether I was helping, you know, make printers smarter at Sindho,
which is a very good organization in South Korea.
They were working before in the 3D printers.
Or improving the video calls at the Polycom.
You heard about the wide devices and all in polycom
so i was there on that time we are just trying oh interesting
ipv6 uh to make you know video calls quality improvement and all so goal is always same
like uh of course we are using on that time ipv6 but uh major part hide the complicated stuff
but uh major part hide the complicated stuff and make things easy to uh you know for people so uh
extreme philosophy i just put in the blockchain when i got into the blockchain i saw something
different uh using it fit like you had to be both the driver and the mechanics which is like in a
car so it's that's not how tech should be so with with the Xphere, I wanted to change that.
We are building blockchain that's safe and strong.
Like the system I worked in, Samsung and Nokia.
And easy to use, like your favorite apps.
And made to work smoothly with other types, just like internet.
Right now we are just doing it.
So Xphere is just not another blockchain.
It is my way of bringing together everything i have learned to make something that works for everyone not just experts
because real innovation happens when the tech fades into the background the people can just do
the great things so yeah i mean so if we just make something which is of course is uh you know super good but it's very
complex to you know use it then probably uh even it's good but people cannot adopt easily so that's
my philosophy whatever i'm just going to make that should be simple and adoptable and it will solve the real problems. So those are actually three key things.
Whenever I understand to make
thank you. That's a great story.
And I always love hearing how builders like you carry lessons
from their past experience into the decentralized, the decentralized world, right?
And it makes so much sense, especially in blockchain, where applying real world, quote unquote, software principles can sometimes be a game changer.
And, well, it seems to be, right?
I have an opinion question for you, Kriteshh before we talk a little bit more deeply about
x fear itself um i would like to know from from you right because um your take on something that's
a little bit broader so india has um you know in the last well i don't know how many years but india has definitely become this
incredible engine of global tech talent and we have ceos we have startups funders
blockchain innovators like you and indian origin executives are increasingly prominent right in the
leadership roles and global tech industry um we can we're talking about people like
satya nadella right the ceo of microsoft we're talking about people like sandar pichai who is
ceo of google and alphabet um another one that i like is neil mohan he's the ceo of youtube right
so um what do you think explains this right is this something cultural or is it something
educational or you think it's community or is it a mix yeah i mean so if i'm just saying like
actually in india we believe strongly in education and learning and from the young age, many people are encouraged to study technologies and science.
So it's just not for a job. It is to help people and solve the real problems, as I mentioned before.
So also in India, we often have limited resources.
So we are not on that time as a very developed country right now, but again means you can say we are just working with the limited resources.
So this teaches us to be creative and find smart and the simple solutions.
So this way of thinking is very useful in software and the blockchain development side.
in software and the blockchain development side.
So if you just remember in the old era,
when we are just working for the Nokia phones and the before,
on that time, probably hardware cost is very much,
you know, very much, very much is costly.
So on that time, we were using a small Nokia phones
and that's having the Symbian micro operating system
that works with the, you you know limited resources and all
yeah so that's a symbiont so but again means uh i as the you know hardware cost is to be you know
going to be sinking then on that time android and other operating system will come but again means
uh we have to get to know like how we can just use it with the you know limited resource
and make it you know good products so same philosophy on here like here in the finally
in the people in india are easily very motivated and they want to learn grow and succeed and
experienced people who is just experienced like me help teach young people and then those
young people become leaders that search so at xfair we are the part of this story we use our technical
skills and the global vision to build a blockchain to everyone uh uh that can use it lovely i love
uh that can use it lovely i love uh oh yeah sorry kretesh uh yeah i was saying it's fascinating to
hear your take uh from both a personal and ecosystem perspective right it's um interesting to hear
sorry how everything ties in and yeah there's clearly a lot that the rest of the world can
learn i definitely understand what you what you mean by the rest of the world can learn. I definitely understand what you mean
by the scarcity of hardware resources.
At the time, Symbian, sometimes I loved it,
sometimes I hated it.
It could be a nightmare sometimes.
But yeah, overall, I think the system worked,
well, depending on which one you were using were using but yeah i can't say that at
the time that it was pretty innovative uh that's definitely true um unfortunately what happened to
the uh mobile phones branch of nokia you know is is what it is but yeah it's definitely part of
human history right and at the time i was definitely a very very big fan of
of Nokia phones yeah unfortunately you know what happened happened yeah thank you so much
Kretensh for your take you know from um on it and definitely couldn't agree more that uh well it's
been evolving right uh and a really really fast pace pace like kretesh if somebody told you 20
years ago a a mobile phone right like a smartphone would have 16 gigabytes of ram what would you say
you know i would definitely have said you are crazy right on that time even a laptop you didn't have a desktop of them so yeah right exactly i remember at the time um
was it 15 years ago i got my first laptop and i was so happy because it had one gigabyte run
and fast forward to now uh my phone i just recently bought it it's a xiaomi phone i i
like it really much and it has 12 gigs inside it. And I'm like, why? This is crazy.
Yeah.
Yeah.
Got it, got it, got it.
All right. And thank you so much again for that, Kritesh.
And let's get now into Xphere, right?
So for listeners who maybe are not familiar with Xphere,
can you give us a really quick overview of what the project is,
what the core problem
it's aiming to solve yeah why not so uh here is the thing actually uh most of the blockchains uh
on that time uh you can say can't be fast secured and a decentralized all at the same time so either
one of the blockchains probably the secure or fast or
decentralized or you can say two of the things they can just you know tackle but three things
like okay so just say fast secure and decentralized that's a collection lemma they usually you know
force you to pick two and that's the problem we want to resolve and so that's the problem we want to resolve. And so that's the reason we built that sphere
with a simple but powerful idea, like two chains,
each doing what they to be best.
So actually, we are just using here, probably,
how do we solve this problem?
Like using the main chain and the proof chain.
And the main chain here is to build for the
speed and it handles over 4 000 transactions per second and makes them final in just one second
so once a transaction is done it's done forever no going back so that's part of the main chain
which is great and the proof chain uh is built for the security purpose
so it uses the same kind of mining bitcoin uses so which is proven powerful and super secure
this keeps full network safe and trustworthy so by letting each chain uh focus on its strength we get the best of everything you can say like bitcoin level
security ethereum like flexibility and solana like speed and the best part they work together
perfectly like two best friends who never let each other down no more trade-offs just a blockchain that's truly ready for the real
one so that's the only the you know key features of that uh like uh we are able to solve this
dilemma uh using our you know right that's something i wanted to touch on as well um
because you're really going after the three legs of the blockchain trilemma, right?
That was actually something that was very active back in 2018, right?
But I think that, well, we never came up with some solution, right?
That was actually something that you could say you know was i don't want to say perfect
but i want to say that was uh practically right that something that you could use and that wouldn't
have trade-offs right which is something that you're mentioning um right now so i wanted to
touch on more on the dual chain design uh now and of course we're going to get
to the fast finality as well later on but one of the things that really stood out to me is
the architecture so you have a PVFT based main chain right and the POW validator layer if I
understood correctly so could you maybe walk us through maybe a little bit more technical
how this design you know helps achieve the the speed and security and and well eliminates the
trade-offs so yeah i mean so if you are just saying like uh it's not a magic actually okay so
it's actually the xpdft so if you think of it's just like a pbfp 2.0
so that's a very leaner paralyzed and backed by the slick validator networks
the real skin in the game here is how it's it clicks like the main chain uh only process uh
you know transactions no distractions at all and a proof chain only picks the validator and
wire mining so no bottlenecks and in parallel we burn half of every transaction fee for
people less supply better economics plus a smart batching and the frictionless bridges
between the chains even when tons of people are using it at once it says fast your transaction
is just go through so like this way we are just able to achieve all this dilemma which
is never able to solve by other blockchains and say they are here about the other blockchains
blockchains that's yeah that's uh definitely smart it feels like having two engines optimized for
different tasks right yeah it kind of feels like a hybrid car right where you have an electric
engine for maybe a little bit more yeah short trips right and all right yeah okay okay yeah that sounds uh yeah that sounds very
very innovative right and um you have explained all this you know but despite all this innovation
Despite all this innovation, Xphere, so you have remained EVM compatible.
So why was that important to you?
And how has the developer community responded to that?
Let's be real.
Like developers already have enough on their place, correct?
So why make things harder?
Most devs already know in Ethereum inside and out.
So instead of forcing them to learn something totally new,
we made sure that Xfair speaks their language.
If your apps works on Ethereum or BSC,
it will work on Xfair.
No changes needed.
Correct?
Seriously, you can use the same tools you already love like solidity and
another mask but now with very lower fees and no network traffic exams and all and the best part
since we launched our minute tons of developers are making to switch uh means because no one likes the high cash fees and
we are offering grants also to help teams build some uh stuff here and uh yeah uh now the response
is amazing and people are saying find a blockchain uh that's fast affordable and you can actually
so that's the actually the key things why we just put is EVM compatible rather than you
know creating very complex things which is actually even you know difficult to learn for the developers
yeah yeah that's beautiful and makes perfect sense no matter how good the tech is if it's too hard to build on it definitely won one scale um yeah and out of
curiosity kritesh how much more efforts does making an evm compatible mean for you and your team
yeah i mean so efforts are huge because uh definitely we were just in the first version, our, you know, this chain was not EVM compatible.
And that's actually the main problem which we are facing.
And once we are just going to launch in January in the mainnet and all, on that time, we just figured it out, like, until unless we are not EVM compatible, probably we can just lose 90 90 of the market in the blockchain industry because already like uh nobody wants to yeah of course until unless you are just keen to learn on
that part but again it means 90 of the users who is just developing start developing uh in the in
the blockchain industry they just knew about the ethereum and the evm and all very good and uh most
of the persons even uh don't want to just go,
go just here and there.
They just want like, okay, I would,
I want the EVM compatible chain only.
And yeah, it takes time, but again,
finally we can just made it like our chain
would be EVM compatible right now.
Yeah, it takes, you know, yeah, yeah.
It's a little bit difficult, but again means,
finally we just did it for the sake of the users,
because we don't want that users will, you know, take, you know,
difficulties to learn new language and the new frameworks and the new tools and
all that we just take, you know, more, more, you know,
friendly approach and that's why we just come up with
that epm competition all right understood yeah thank you so much uh for that extra content uh
context sorry kritesh and yeah i just wonder you know how how much efforts that would mean how
difficult it is and well it definitely sounds like an like a big X-Roy for it but yeah everything
for the sake of the users as you have said so thank you so much Kritesh again for you know
sharing these insights and you have also mentioned that Xphere is designed with real-world usability in manh right um i was wondering like what's your favorite type of
use case or what is the one that makes you most excited is it defy maybe is it enterprise kind
of adoption is something else gaming yeah i mean so definitely, we have just come up with this blockchain. We just also come up with a different use case where it will fit.
So you can say, let me give you some few examples, like in case we can just start with, you know, DeFi, just finance for all.
So that's actually the best use case. right now when using the d5 uh using d5 can feel like playing uh you know paying a toll if you're
just going for a you know in the in the highway and now you're just paying the toll correct so
same here and using d5 can feel like a paid toll uh just to use the door and uh it's so it's very
slow and expensive and we are changing that imagine imagine being able to lend or borrow
money from anywhere so in the default correct you can just do the different types of services and
also suppose imagine like being able to lend or borrow money anywhere in the world with it in a
second okay or for less than a penny no banks no bank fees that means even a small farmers or the students could loan or save
money in the base they could never put before so that's actually the you know major you know use
case uh in our blockchain uh which uh anyone who is who belongs to any categories even in the
in the rich categories or the in the cooler category they can use uh this d5 applications and all seamlessly
and rather than that like in the supply chain if i'm just saying like uh like say for good
and medicine so if you are just when contaminated you know when contaminated food or you know fake
medicines uh gets in those stores uh it can take a company's weeks to figure it out where it comes from with xpair they can
find the source in seconds every product can have their history like a passport that you can scan
with your phone to know the real is real and so that's the second use case third use case which i will just uh you know
refer like you know in case you would like instant cheap money transport like sending money abroad
uh so not take days or cost of fortune so with x-fair it's easy and instant as sending a text
almost free that's like changing for families who depends on the money from abroad or a small business
daily across the borders so for them actually it's very very you know uh you know life-saving
things because right now if you're just going from the you know in the in the same way like in a banking and not probably it takes time like uh you know
intercom to transfer and you are you are using wire transfers or even of course from other ways it
takes time yeah and of course last use case which i comes in the mind like uh you know you own your
files so tired of companies holding your data and getting hacked.
Suppose some of the companies in the right now are holding your data and getting hacked.
With Xperia, you control your own information.
You decide who sees your health records, diplomas, or work history.
No mid-end, no risk of leaks.
So, right now, there is no centralized things at all.
Everything is on your hand.
And nobody can just decide what to do with your data so everything you are the owner of this one so how
can we do all this where others have not so simple we built uh you know xp to be far secure and
affordable all at once transactions finish in one second security is as strong as bitcoin and it costs
less to nothing to use so if these three things comes together you can just easily you know uh
you know create these all use cases which i just shared to you it's easily in your creating in the
gaps and whatever you can just implement it easily.
Yeah, I love that.
It's refreshing to hear use cases, right? That's grounded in the day-to-day and not just speculation and hype.
It's something refreshing.
And Kritesh, I want to push you a little bit more further.
So out of the examples that you listed, which one is your absolute favorite?
You can only pick one.
Yeah, I feel like DeFi is the good one because right now, yeah, because right now, yeah, I'm not saying about the all the countries and all the continents, you know, growing, you know, in the same way.
If I'm just giving the example of the African continents and all, it still they are just you know facing a lot of issues like in case of you know in the you know might make sense
even yeah so even on there suppose if we could just help them so that they can just you know
grow uh at the same as you know other continents is growing i think of course and uh here is the deep dive deep i can just help us of course yeah and
something i've always wondered uh kritesh and since i have you today here i'm just gonna ask it
everyone talks about decentralization right i am the first one i talk about decentralization
and whatnot and then we all love it but users want things fast we want it cheap we want it simple we want everything
right i love decentralization but when i see the ethereum gas fees for example i'm crying
right and i don't want it um it's obviously something that uh it just comes right with uh
with that of course there are solutions and and that's why we are here today um but you personally how
did you balance like what was ideally you know a perfect solution in your mind with what's pragmatic
when it comes to building blockchain infrastructure
yeah i mean so i don't believe it's a balance okay I believe it's a requirement okay so mass
adoption will only happen if we deliver a user experience that is not just as good as but better
than what people use today so that means it must be instant cheap and simple compromising on
decentralization again to get that performance is dead okay we cannot
compromise on decentralization if we centralize we recreate the same broken system we are trying
to replace but with the blockchain a sticker on that so this is why we build the xphere uh the
way we did our dual chain architecture is our answer to this problem
as I mentioned like our main chain is hyper optimized for performance giving users that instead
one second low cost experience what they demand our proof chain provides bitcoin level security
Our proof chain provides Bitcoin level security.
This implies security underneath it all, ensuring that network remains trustless and robust.
So, answer to your question, yes, we absolutely believe mass adoption can happen on-chain without compromise.
In fact, it's the only way it will happen.
Users should never have to know or care about the complex architecture that you need.
They should just experience the past, reliable and achieve that.
So that's the seamless future that we are building.
That's a great lens.
Thank you so much Krita.
It's not just tech, it's design, behavior, you know, everything and love your philosophy.
And I love what, well, how I threw the question to you and you're just like, no, no, it's not a balance. It's a requirement. Forget about that, kid. Thank you, sir. And yeah, now one question
that we often get in the community right um every time we announce a
partnership like uh the one from xphere right we get the same questions how anchor is helping
projects like uh xphere is it a real uh partnership or is it just something that we do on a marketing level right so from your perspective
right how are we working together and what kind of support uh is anchor bringing to the xfure ecosystem
yeah that's a great question and uh you are right like partners like uncle uh i like the
quite heroes working behind the scenes okay so they
help make everything smoother behind the scenes here is how anchor you know helps xphere i will
just tell you and really uh means all of us so in case if i'm just taking the example of developers
uncle lets any developers anywhere connect to Xperia in minutes.
Okay.
They don't have to set up complicated servers or run their own nodes.
It's like giving them a universal key to start building right away.
Otherwise, what exactly happens if you're not using it?
They need to just run their own node and again,
you can do to connect to the Xperia blockchain network. It network which takes time i mean it's expensive too for the developers too
so right now through encore this part is to be skipped and developers can easily connect with the experts in minutes now comes to users so uncle helps actually make apps on xpair feels faster the seamless when you connect
your wallet or use in depth uncode infrastructure works in the background so everything just works
no hiccups no waiting so in a way a good handles the heavy lifting the unglamorous but essential text so that we can focus on making X fare better and the developers can focus on creating X people actually love.
It's a true partnership, which I will say they help us.
We help builders and together we make the ecosystem stronger for everyone.
And together we make the ecosystem stronger for everyone.
So that's the key things that I will say about the Intel
and how we can just help each other to just, you know,
onboarding not only the users, developers, and, you know,
all the members who are just showing the interest in experts.
Yes. Awesome.
Thank you so much, Kritesh for uh the great
review and uh i loved your sentence it's simple everything just works and you don't have to worry
that's uh yeah thank you so much i think that's uh that's a great summary and i love how um
it looks like we are achieving a win-win-win situation in which developers, users, you know, Xphere and Anchor, it's beneficial for every one of us.
And of course, together we are growing the whole blockchain ecosystem as well, right?
It's not just Xphere, not just about Anchor, it's about the whole industry.
Xphere, not just about Anchor.
It's about the whole industry.
And yeah, thank you so much.
It's awesome and always good to lift the hood
and show, you know, how these collaborations come together
and what it means.
Not just a logo, X logo, right?
We do some marketing and that's it, right?
Nothing behind, right?
So yeah, definitely not the case.
And thank you so much for shedding some light.
Of course, you know, we uh say it right it might not be as convincing but coming from a third party and kritesh i didn't pay you anything right i didn't pay you anything
uh so yeah and thank you so much for that um now grittish we have talked
a little bit about your uh personal story right we have talked about x fear we have talked about
um a touchdown quickly about anchor i have a couple more questions for you um these ones have
a bit maybe more personal touch so yeah if uh if you prefer not to answer you please let me know but
yeah i think these are um very you know interesting to an extent um so let's zoom in out a little bit
i i wonder what do you think the l1 last landscape will look in the next five years?
Do you think we will see more consolidation or do you think we would see like more of a multi-chain kind of world, you know, where everything is connected or maybe something else?
Yeah, I mean, so you can say that's a million dollar question if I will say it right.
Yeah, our bet is that actually we are headed for all three at once.
So consolidation, specializing, and the multi-chain world.
So it might sound contradictory right now, but here is how we see it playing out so suppose in the consultation
so we will see like a handful major general purpose l1s emerges as a dominant leader right now
they will be uh the blue chip chains and that win because the massive developers communities
and the branded recognition.
Think of them as a major operating system.
Just like that.
In case of a specialization, if you just go like alongside them, we will see if,
you know, a lot of ecosystem of a specialized chain.
So often called up like, as you say about the app chains or layer tools, uh, these will be the networks optimized for one thing only and one thing
it will incredibly well. So like if I'm just seeing the example like gaming, high frequency
trading or global supply chain, they will sacrifice being a jack of all trades to be
the absolute master of one. The third part like a true multi-chain world, this is where the magic happens.
Users won't even know or need to know which chain they are on. The experience will be seamless.
The winning protocol will be the ones that make moving value and data between all these different chains feel like using a single networks so uh in the five years
uh we believe uh the landscape won't be in one with one dinner uh it will be collaborative
ecosystem uh much like you can say internet today you have specialized platforms just like netflix for video spotify for music
all workings together seamlessly correct so xpere is uh positioning itself to be a leader in that
general purpose that right the robust scalable and secure foundation that can host a thousand is this life use cases without compromising on decentralization
or user experience so we are building for that multi-chain future not a single chain monopoly
that's nice yeah we have evolved a lot since uh 2018 right where everyone wanted to have like a unique monopoly chain um
that was going to be an ethereum killer and yeah I remember those times yeah fast forward to 2025
okay nobody knows that we can just you know survive till that time but again it means it's uh it's the technology it's
initial technologies and yeah it's definitely trying their best to just yeah exactly yeah
exactly it's just how things work right you never know how it's going to unfold but you have to make
a decision and and see how it goes right i think that's uh that's a perfect summary and it would definitely be
fascinating to watch it all unfold and you know great to hear that x fear is positioning itself
within that vision that you have and kritesh we had a question from the community um before you
joined that was what's next on the roadmap of uh x fear like what are you know what's next on the roadmap of Xphere? Like what are, you know, what's coming
after all these developments
that you have already mentioned?
So in case of Xphere,
definitely we are just coming with, you know,
different types of, you know, ecosystem tools
and all which we are using right now.
And of course, we are just trying hard to just do the partnerships with other players
who can just help us to just provide tools and where the onboard users can just use dual
tools through the partnership.
And even like, as I mentioned like we are just providing suppose
and if they want to just build their any app on anything we are just going to provide the
grants and all for them in parallel like we are just trying hard to just uh you know make it simple
to xp rather than uh means it's still uh if people are just facing issues in somewhere
it's a complex we are just trying to have to make it more simple so that okay if people are just facing issues in somewhere it's a complex we are just trying
to make it more simple so that okay even people are just going to connect to even in the wallet
which we are just going to provide it's a one it's just one touch it doesn't like that okay
people just have to just connect here and there then afterwards they can just you know feel like
feeling complexities and all to just even just connect to the wallet on this
so just we are just trying hard to just like as simple as possible and as fast as possible right
now we are just acquiring like 4 000 plus addresses but we are just focusing like uh without you know
without uh you know minimizing these other three parts as i mentioned like these centralizations
and the security we are just focusing these parts also but in in parallel we are just trying hard to just
scalable as as much as possible so these are the actually the key things which we are doing which
we are just planning to do major things we we want like uh you know uh integrating a lot of layers
in our chain uh so that people who is just onboarding in our chain doesn't go here and there.
They can just use apps through our chains only.
So those are the things which we are planning to do in this.
Interesting. Thank you so much for the insights, Gritech. sites grittish and my next question is uh well and before we we tap into that um we will be
sharing the the code the secret world as you guys said um by the end of the session as you all know
we have critaging here now um i was going through the comment section but there's like 80 something comments a lot of hello kritesh um you know and a lot of people re-assonating with you um so yeah we have covered a lot of
ground i saw some questions that were already covered by kritesh during the ama session so if
you guys have any other questions that haven't been covered uh please request to speak and yeah
once i have asked my questions to kritesh i will introduce you to
ask your question to kritesh and of course i have priority because i'm the host
kritesh you are a founder right um but before being a founder you were not a founder
so is there something in your mind that changed since you started building xfield
yeah i mean so that's again it's a very great question so the biggest thing i have changed in
my mind about is uh the importance of the simplicity as i mentioned before when we uh actually started
i was completely focused on the technology the the dual chain design and the consistent mechanism and the raw performance.
I believe that superior tech alone would win.
That's my, you know, assumptions on that time.
And I was just doing, I started building on that one.
But I have learned that best technology in the world is useless if people find it confusing and difficult to use.
So everybody probably agreed on that one and the real challenge is not uh just building a powerful engine
it's just a building a car that anyone can get it and drive without needing to be a mechanic
and so we have shifted a huge part of our focus to that developer and the user experience side
We have shifted a huge part of our focus to the developer and the user experience side,
making tools that feel familiar. That's why we come to the EVM part. Simplify how people interact
with the chain and ensuring that complex tech underneath is completely invisible to the end user.
And it has been humbling and a crucial lesson through innovation is not just about what you
build but how easily people can use it to change their lives so that's actually the our core you
know core things like rather than okay we are just going to make it make things complex we want the
things to be built uh you know simply so that any people like even the tech tech users or the non-tech
users can easily uh use it and uh even they can just change their lives as i mentioned like correct
uh the different types of use cases like people use cases and the supply chains and all uh which
people can just you know build it and just use it yeah i love that those moments of evolution say really much about leadership and uh i have one
more question which is can be a little bit personal um but i think it's fun and i would
love to know you know how it looks like from your and i have asked it to to many guests that have
uh joined our partner spotlights so i I think in our cultures, right,
the uncles and aunties and whatnot,
friends, family, right,
they're a very predominant part of our lives.
And I wondered, since you became a founder, right,
of a big project like Xphere,
you have probably heard a lot of comments, you know,
when you talk to your friends and family things like
oh cryptesh is now a big boss you know uh critters is now um I don't know living good life you know
uh whatnot so what do you think is you know a a misconception about uh being a founder in crypto
especially right um you probably have heard also oh
crites is a crypto millionaire you know now stuff like that right that we we all hear from uncles
and aunties what do you think is uh one of the biggest misconceptions that friends and family
might have uh when you say oh i am a co-founder of this now. Yeah, I mean, of course,
means they feel proud like, OK, because from that side is,
you know, you know, go through that big post.
But again, it's misconceptions, which I mean, because I will not say
that's their mistake because they do not even internal the space on this.
And so they do not know exactly how much uh you know
pressure and the complexity and how much the you know competitions in the market is going on
so right now even if i will go in the web3 space and uh you know in this space uh probably you can
just figure it out a lot of alpha change has to be there how do you make self you know uh you know unique uh to that and how do you you know
how do you convince to the people people can just come and just use your uh blockchain rather than
that one so those are actually the big issues uh and even how do you solve this one even if you
just make it in the paper but again to make it in that you know in the real world make the pocs and all it's really you know in the complex
things and it needs a lot of you know um you know your your concentrations and even you know hard
works and all and not only that one research also required so yeah things until unless things are not
you know uh successful okay even you cannot say like because right now everything is in paper correct you can
say like okay it will work but somehow like if it's failed then probably nobody knows you correct
so right it takes time it yeah it's it takes a hard work and again and so uh main motive is to
be just uh figure it out uh you know solving the real problem of the real people that's the only the mindset
so that's only the things which in my in my mind how do we how do i solve the problem rather than only solving the problem where i'm based like in india rather than i can just solve the problem
in the globally so that's the only the crucial technology which can just you know of course
give me the hand like okay like other, other persons who exist in other nations can
even use it.
Otherwise, if you just go on the web2 space in other parts, definitely some centralized
things would be there.
Of course, we need to go to the regulations part and all.
So definitely, we have to follow up but again
means minimally it will give you the you know a chance to just help all the persons globally uh
who would uh you know it's still uh unknown to right now in the real identity or you can say in
the banking and obviously yeah right and i'm sure you have to deal with a lot more problems now or maybe not call it problems
but day-to-day uh things right and and and that await for a resolution from from kritesh right
um and i'm sure it's uh greater than when you were a software engineer um how do you normally deal with that
do you do you like a hobby you know you you go play some golf or
no i did not get your question oh so i was saying uh you must face every day a lot of pressure, right? Today as a co-founder and I wondered how do you manage that? Yoga, you know, or you maybe do some sport?
No, actually, mostly I just started my day with the yoga.
So that's exactly, yeah, as you can say the meditations and all because that's
your mind so be calm and rather than okay yeah i think uh when once i will just get the time
perfectly i will just do the chit chat with the you know your colleagues too because that's also
required uh because uh okay every time you will not just go on with the same things. So you need some person where you can just tell everything.
So yeah, so that's a good thing where they can just,
where you can just go and do the chit chat.
And rather than that, like, of course,
means we need, because we are just making something complex.
So we need some research and all those things.
So rest of the time, I will just do the research and all those things so rest of the time i will just do the
research and all how we can just solve these problems and also my day is to be started from
the you know from the yoga then uh you know i start with uh you know doing the chit chat with
the you know our colleagues and try to try to move on and share goals and uh where is to be we are
just stacking we just do the research and all and just figure it out
means how we can just solve these problems yeah sometimes disconnecting can you know bring back
a stronger connection right good and yeah just to close on a more personal note and this will
be my very last question kritesh i promise and uh you know i'll give you back to to your team at xphere which
i'm sure you know they're very nervous they have lost their boss for for an hour already um what
advice would you give to builders you know like you come from a traditional software background
they're looking to get into web 3 or maybe to the youngsters right in a similar um what would you say environment
as you were back in the day right what's the advice
my number one advice uh you know is this like uh don't get lost in the crypto jag one okay so focus
on solving a real problem for the real world.
So in case coming from the traditional software, you already have the most important skills like building products that users love.
Blockchain is just a new set of tools and powerful backend to help you to do that.
So start with the problem course, not the technology.
Ask yourself, what pain point am i solving would a blockchain actually make this solution better by adding trust transparency
and the ownership if the answer is yes then use your background to your advantage build web3 product
with web2 user experience add the complexity of the blockchain away from the users,
make it feel magical, not technical.
That's how we will get the next billion users on board.
So that's my philosophy.
If we are just going to solve any problem, real problem,
through the blockchain,
definitely we can just move on the you know with the solutions
yeah i loved it that's gold i'm actually typing uh your quote and make it feel magical not technical
yeah love that that's great and hopefully you know there are um more uh a few future
like founders similar to to you to the x fear founder right that are listening right now
and they get inspired and uh yeah hopefully in a future session somebody tells me hey sergio you
know what back in the day and 2025 i listened to you and kritesh you know and then the conversation
and it was great and it inspired me and and now here we are there's a new project you know newborn and then yeah maybe
even a partnership with xphere right in the future um of course this is all um some kind of dreams
right or maybe the dreams come through as well and yeah so kritesh it was a real pleasure thank
you so much for sharing your journey,
walking us through what you've been building at Xphere.
Right. Would you like to share, um,
before we close off the, the code word or should I do so?
Yeah, of course. Why not? Yeah. So of course,
code word. Yeah. Code word world let me just share it to you
like it's called the experience okay and uh if i will just uh you know spell it so it's it's uh B H E
It's very smart and creative. Thank you so much.
Thank you so much Kritesh.
And yeah guys um
i have uh yeah sorry sorry kritesh you were saying
no no nothing nothing i'm just saying yeah thank you oh okay yeah thank you so much uh
kritesh yeah i have shared some tweets from xphere and here in the session. So if, yeah, to all the listeners,
please go and check the tweets.
It relates to every different bit that Kritesh and I, you know,
well, I mean, I have just made the questions
and Kritesh answered.
But yeah, you can find the beats and PCs,
you know, that will provide you more context
on what Kritesh has been talking about.
And also Kritesh, one very last thing for me
we like to give our guests the final word so yeah please feel free to close the session however you
like it can be a quote from somebody that you really like it can be some advice for the young
people listening or it can be a shout out.
It's totally up to you.
Yeah, of course.
Means definitely I will just say to everyone who is listening
this, you know, if you have a, you know,
like if you would like to build something in Web3,
and of course, yeah, you are free free to join us like because we are just providing
a lot of grants to the right now in the users and the developers and all and uh not not only this
uh whatever you just using like uh as i mentioned like a real good problem if you are just having in
your area and you would like to solve through blockchain definitely you can just figure it out and just solve through your depths and uh we are we are definitely do the welcomes to the to do the
depths and the user onboarding in our you know layer uh in our blockchain networks and rather
than that like what i will just say like do not just uh you know uh come up with the crypto jargon and all.
Just try to figure it out.
How we can just, if you feel anything uncomfortable
from the external side and you think
like this should be improved,
yeah, we are very, your feedback will be expression
and we can just try to solve as early as possible.
So if you feel free to just reach out to me,
like through, you can say, the X or by telegram or any way.
We are trying to solve all those problems
because we are here to just onboarding the users
and solving the problem,
which is not facing by by uh you know in that
of the words great again thank you so much kritesh thank you so much for your time today and thank
you so much for all the advice that you're giving to all of us and for sharing more about your
personal story um yeah thank you for being a amazing guest
at the partner spotlight at anchor and that'll be everything from my side um thanks to all the
listeners for joining us today and see you next time thanks thank you goodbye have a nice one
thank you again.
Bye-bye.
Bye-bye.
Bye. Thank you.
