Ika, a multi-derive together computation (MPC) community beforehand called the dWallet Network, is now live to snarl the tale the Sui blockchain. Effectively-recognized for its sub-2d latency and scalability, Ika goals to revolutionize multi-chain DeFi with stable and atmosphere friendly alternatives that carry out no longer require bridging.
Enhanced Security and Interoperability for Multi-Chain DeFi
Ika offers a safer procedure in the direction of depraved-chain bridging and promotes interconnectivity across tons of blockchains. Sui’s Mysticeti consensus mechanism governs the community, and the 2PC-MPC cryptographic alternatives provide a zero-message latency with throughput capabilities of up to 10k TPS. Sui makes use of this evolved structure of MPC networks for Pass luminous contract developers to make decentralized services and products for institutional gamers.
The MPC community of Ika backs expend circumstances that support Sui’s blockchain utility, treasure Programmable Bitcoin, which performs native $BTC operations. Furthermore, Ika’s alternatives for interoperability be certain that that DeFi operates like a flash and securely in Internet 3.0, combining the liquidity of Bitcoin, Ethereum, and tons of blockchains with Sui. Ika’s chain abstraction characteristic simplifies multi-chain complexities for developers, enhancing user expertise by constructed-in zkLogin parts on Sui.
Furthermore, Ika offers decentralized custody for digital property on Sui, handing over stable, institutional-grade storage alternatives for person and company customers. Ika helps the Sui ecosystem and makes expend of safe MPC boundaries for AI to guarantee its AI brokers work with shrimp authority whereas defending customers and asserting decentralized safety features.
Launch of Native $IKA Token on Sui Network
The upcoming $IKA token delivery on Sui will support the ecosystem further by facilitating stable transactions inner Ika’s MPC community. As a local token, $IKA can assist because the vital procedure for transaction funds, securing and expanding decentralized services and products across Web3.
Ika strengthens its scalable infrastructure on Sui, marking a huge step in the direction of scalable, stable blockchain interoperability for institutional and person expend circumstances. Ika’s alpha testnet is already obtainable on Sui, with a mainnet delivery region for December. Integrating Ika’s high-bolt MPC technology on Sui is anticipated to stable further and diversify decentralized alternatives, positioning Sui as a leading platform for depraved-chain DeFi and programmable $BTC alternatives.
