Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, as well as zero-trust security.
Ika, the pioneering blockchain infrastructure provider, has officially launched its mainnet, marking a significant milestone in blockchain interoperability. This release introduces the first zero-trust multi-party computation (MPC) network, capable of achieving native cross-chain asset control directly through smart contracts on the Sui blockchain.
Ika's protocol allows Sui-based smart contracts to securely and seamlessly manage native assets across multiple blockchains, including Bitcoin, Ethereum, and modern L1 and L2, without relying on bridges, token wrapping, or trusted third parties. This breakthrough eliminates common risks associated with cross-chain solutions, such as the inherent vulnerabilities of bridging protocols or wrapped tokens, fundamentally changing blockchain interoperability.
At the core of Ika's innovation is the introduction of dWallets, a decentralized, programmable, and transferable signature mechanism. dWallets enable users and the Ika network to collaboratively sign transactions while executing logic managed by smart contracts. This allows developers and institutions to securely build and operate across multiple blockchains, maintaining control over native assets.
The technical foundation of Ika is its novel 2PC-MPC encryption protocol, which was previously deemed impractical in decentralized environments due to latency, scalability, and security limitations. Ika has overcome these obstacles, achieving sub-second latency and linear scalability without compromising decentralization, providing a network that can be supported by hundreds of operators globally. Each operation includes cryptographic protection that requires explicit user participation, supporting a zero-trust security framework.
The network's native token, IKA, plays a key role in securing the infrastructure through a decentralized, permissionless proof-of-stake consensus mechanism. The IKA token is central to transaction fees, spam protection, rewarding reliable operators, and network governance.
Several leading Sui blockchain projects are already leveraging Ika's mainnet, showcasing the protocol's versatility and robustness:
- Native enhances Bitcoin liquidity through native lending and DeFi services.
- Human Tech offers a "wallet as a protocol" solution for easy management of cross-chain assets.
- Rhei Finance provides institutional-grade zero-trust multi-chain DeFi services.
- Aeon advances decentralized custody solutions optimized for AI-driven financial management.
- Nativerse pioneers Bitcoin-backed stablecoins without synthetic or wrapped intermediaries.
- Ekko integrates AI chatbots with decentralized security through MPC technology.
- Legacy Link facilitates secure digital asset inheritance through simplified estate management.
- Full Sail launches advanced automated market makers (AMM) leveraging Ika's interoperability.
"Today marks the beginning of a new era in blockchain interoperability," said Ika co-founder Omer Sadika. "Our mainnet launch is not just a technical milestone, but a paradigm shift that brings native zero-trust interoperability, unlocking unprecedented possibilities for developers, institutions, and individual users."
With the launch of Ika, blockchain projects, financial institutions, and developers can deploy multi-chain applications on Sui, operate as network participants, or interact with the Ika network.
For more information, users can visit https://ika.xyz or follow Ika on X.
About Ika
Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, as well as zero-trust security. As the preferred choice for interoperability, decentralized custody, and chain abstraction, Ika is poised to revolutionize digital asset security and multi-chain DeFi. Users can learn more here.
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