Ika Mainnet Launch: Ushering in a New Era of Native Cross-Chain Asset Control for the Sui Ecosystem

This article is machine translated
Show original

Blockchain infrastructure pioneer Ika officially announces mainnet launch, marking a new stage for cross-chain interoperability technology. As the first zero-trust multi-party computation (MPC) network to achieve native smart contract cross-chain asset control, Ika will transform the interaction between the Sui ecosystem and mainstream public chains like Bitcoin and Ethereum.

​​Technical Breakthrough: Native Cross-Chain without Bridging or Wrapping​​

Ika protocol enables Sui smart contracts to directly and securely manage multi-chain native assets, ​​without relying on cross-chain bridges, wrapped tokens, or third-party custody​​. This innovation resolves inherent risks in current cross-chain solutions:

  • ​​Eliminate Bridge Vulnerabilities​​: Avoid single point of failure risks during asset cross-chain transfers
  • ​​Reject Token Wrapping​​: Maintain asset nativeness and eliminate synthetic token credit risks
  • ​​Achieve Zero-Trust Interaction​​: Guaranteed through cryptography rather than third-party trust mechanisms

​​Core Innovation: dWallets Redefining Asset Control​​

Ika introduces revolutionary ​​dWallets (decentralized programmable signature mechanism)​​, with core features including:

  • Multi-Party Collaborative Signing: Users and Ika network jointly control transaction permissions
  • Smart Contract Programmability​​: Customize cross-chain logic (such as multi-signature policies, conditional triggers)
  • Fully Portable Assets​​: Support free custody transfer within the Sui ecosystem

​​Performance Benchmark: Sub-Second Latency 2PC-MPC Protocol​​

Ika uses an innovative ​​2PC-MPC cryptographic solution​​, breaking through three traditional MPC network bottlenecks:

  • ​​Sub-Second Latency​​: Signature speed reduced from traditional 30 seconds to within 1 second
  • ​​Linear Scalability​​: Support parallel operation of hundreds of global nodes
  • ​​Military-Grade Security​​: Explicit user authorization required for each operation, achieving true zero-trust

​​Ecosystem Applications: First Integration by Sui Top Projects​​

Mainnet launch immediately adopted by multiple leading Sui ecosystem projects, demonstrating technological universality:

  • ​​Native: Build lending and DeFi services based on native BTC
  • ​​Human Tech: Launch "protocol as wallet" cross-chain asset management solution
  • ​​Rhei Finance: Provide institutional-level zero-trust multi-chain DeFi protocol
  • ​​Ekko: Embed decentralized security layer for AI chatbots through MPC technology

​​IKA Token: Lifeline of Decentralized Network​​

IKA as the network's native token, serves four key functions:

  • Pay MPC signature service fees
  • Prevent spam transaction attacks
  • Incentivize reliable node operators
  • Participate in network governance voting

"Today is not just a technological milestone, but a fundamental transformation of blockchain interoperability paradigm," emphasized Ika co-founder Omer Sadika, "We are natively introducing zero-trust interoperability to the Sui ecosystem, opening unlimited possibilities for developers and institutions."

​​Participation Methods​​

Developers, institutions, and users can join the Ika ecosystem through three paths:

  1. Deploy multi-chain applications on Sui
  2. Participate as network node operators
  3. Manage cross-chain assets through dWallets

About Ika​​

Ika is a global leading parallel MPC network, providing sub-second latency, excellent scalability, and a zero-trust security framework. As the preferred solution for cross-chain interoperability, decentralized custody, and chain abstraction, Ika is reshaping the future of digital asset security and multi-chain DeFi.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments