224: Merging Bitcoin & Ethereum—Jerry from Apex Fusion on Building a Scalable L1

In this episode ofWeb3 with Sam Kamani, I chat withJerry from Apex Fusion about their ambitious goal ofbuilding a next-gen Layer 1 blockchain that merges the best of Bitcoin & Ethereum. 🔥What makes Apex Fusion unique? 🔹 Atri-chain architecture combining security, speed & scalability 🔹Native liquid staking without the need for LSTs🔹A modular framework integrating both UTXO & EVM ecosystems 🔹Solving blockchain fragmentation by bridging major networks 🔹Regulatory clarity & the changing U.S. crypto landscape If you're into Layer 1s, modular blockchains, or the future of Web3 infrastructure, this episode is a must-listen! Key Timestamps [00:00:00]Introduction: Sam introduces Jerry & the vision behind Apex Fusion. [00:01:00]Jerry’s Background & Journey into Web3 Fromtraditional tech (Dell, CSC) to Cardano & blockchain Howreading the Bitcoin & Ethereum whitepapers changed his perspective WhyFidelity’s early Bitcoin adoption convinced him to go all in on crypto [00:03:00]The Problem Apex Fusion is Solving Thetwo major blockchain ecosystems: Bitcoin (UTXO) vs Ethereum (EVM) Why interoperability between them is crucial for Web3’s future Thechallenges of tribalism in crypto & the need for collaboration [00:07:00]The Apex Fusion Tri-Chain Architecture🔹Prime: A puresettlement layer based on UTXO & Cardano’s tech🔹Nexus: AnEVM-compatible execution layer using Polygon Edge🔹Vector: AUTXO-based smart contract layer using Plutus & Haskell Why splitting security, execution & scalability across different chains makes sense [00:14:00]Solving the Blockchain Trilemma Prime = Maximumsecurity & decentralization Nexus & Vector = High-speedexecution & scalability A neutral L1 that doesn’t compete with L2s [00:17:00]Why Apex Fusion Has Native Liquid Staking Unlike Ethereum,staking doesn’t require locking tokens No need for liquid staking derivatives (LSTs) More decentralized & capital-efficient staking model [00:22:00]How Open-Source Innovation Drives Web3 Apex Fusion is inspired by both Satoshi & Vitalik’s vision Encouraging builders to improve on existing blockchain architectures The difference between Web2 & Web3 ecosystems [00:27:00]Why This Cycle is Focused on Meme Coins Instead of Utility How the rise of Solana & meme coins has created too much noise Why real-world utility will ultimately win in the long run Regulatory clarity in the U.S. & the impact on real Web3 adoption [00:32:00]The Future of Crypto Regulation & U.S. Onshoring Why many U.S. founders left & are now looking to return The importance of clear regulation for Web3’s future How Apex Fusion structured itself for compliance from day one [00:38:00]Apex Fusion’s Roadmap Prime mainnet launch in Feb-March 2024 Scaling through developers, partnerships & testnet adoption Upcoming release of Nexus, Vector & the Router Bridge [00:42:00]How Apex Fusion is Funded & Plans for Growth $6M raised from strategic investors & TRGC VC Why they avoided excessive VC influence & focused on fair launch Opportunities for partnerships with value-added investors [00:45:00]Final Thoughts & Call to Action Apex Fusion is looking for validators (SPOs), devs & early builders Reputation system live—earn rewards by contributing to testnet Follow Apex Fusion for updates on the mainnet launch Connect https://apexfusion.org/ https://www.linkedin.com/company/apexfusioncore/ https://x.com/ApexFusion https://www.linkedin.com/in/jerryfragiskatos/ https://x.com/Aces1974 Disclaimer Nothing mentioned in this podcast is investment advice and please do your own research. Finally, it would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us -https://www.web3pod.xyz/