IKA mainnet has officially launched on the Sui Network, promising to bridge the gaps between disparate chains like never before. This development marks a pivotal step for IKA, formerly known as dWallet Network, as it introduces groundbreaking technology to enhance interoperability and security in Web3.
What is IKA Mainnet?
IKA mainnet is a parallel Multi-Party Computation (MPC) network built directly on Sui, designed to enable smart contracts to manage native assets across multiple blockchains without relying on bridges or wrappers.
This zero-trust approach eliminates intermediaries, reducing risks and boosting efficiency. The project’s rebranding from dWallet Network underscores its focus on “dWallets”, a cryptographic primitive that allows secure, programmable control over assets like Bitcoin and Ethereum from within Sui’s ecosystem.
Post-launch, the IKA token surged 50%, reflecting strong market confidence in its potential to unlock over $2 trillion in cross-chain liquidity.
Key Features of the IKA Mainnet
The mainnet brings several innovative elements to the table:
- Record-Breaking Performance: Achieves up to 10,000 transactions per second (TPS) with sub-second latency, making it the fastest MPC network worldwide.
- Scalable Security: Supports hundreds of signer nodes using advanced threshold ECDSA protocols, ensuring zero-trust security for cross-chain operations.
- Native Interoperability: Enables seamless management of assets across chains, including programmable Bitcoin for DeFi applications like lending and custody.
- User Incentives: Pre-mainnet programs allowed earning “Droplets” points through staking, with ongoing opportunities for community engagement.
The Broader Impact on Blockchain Innovation
The IKA mainnet launch on Sui could transform how developers build multi-chain applications, fostering a more connected Web3 environment.
By addressing longstanding interoperability challenges, IKA paves the way for real-time DeFi and broader adoption of Sui’s high-performance architecture.
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