Zug, Switzerland, July twenty ninth, 2025, Chainwire
Ika, the pioneering blockchain infrastructure supplier, has formally launched its mainnet, marking a big milestone in blockchain interoperability. The launch introduces the first-ever zero-trust multiparty computation (MPC) community able to native cross-chain asset management straight from sensible contracts on the Sui blockchain.
Ika’s protocol permits Sui-based sensible contracts to securely and seamlessly handle native property throughout many blockchains, together with Bitcoin, Ethereum, and fashionable L1s and L2s, with out counting on bridges, token wrapping, or trusted third events. This breakthrough eliminates frequent dangers related to cross-chain options, comparable to vulnerabilities inherent in bridging protocols or wrapped tokens, basically remodeling blockchain interoperability.
On the coronary heart of Ika’s innovation is the introduction of dWallets, a decentralized, programmable, and transferable signing mechanism. dWallets allow each the person and the Ika community to collaboratively signal transactions, whereas imposing logic ruled by sensible contracts. This empowers builders and establishments to construct and function securely throughout numerous blockchains with native asset management.
The technological core of Ika is its novel 2PC-MPC cryptography protocol, beforehand thought impractical for decentralized environments on account of latency, scalability, and safety constraints. Ika has overcome these hurdles, delivering sub-second latency and linear scalability, with out compromising on decentralization, delivering a community that may be supported by a whole bunch of operators globally. Every operation consists of cryptographic safeguards that require express person participation, supporting a zero-trust safety framework.
The community’s native token, IKA, performs a essential function by securing the infrastructure by means of a decentralized, permissionless proof-of-stake consensus mechanism. IKA tokens are integral for transaction charges, spam prevention, rewarding dependable operators, and community governance.
A number of main blockchain tasks on Sui are already using Ika’s mainnet, demonstrating the protocol’s versatility and robustness:
- Native is enhancing Bitcoin liquidity by means of native lending and DeFi companies.
- Human Tech delivers “Pockets-as-a-Protocol” options, seamlessly managing cross-chain property.
- Rhei Finance affords institutional-grade zero-trust multi-chain DeFi companies.
- Aeon advances decentralized custody options optimized for AI-driven monetary administration.
- Nativerse pioneers Bitcoin-backed stablecoins with out artificial or wrapped intermediaries.
- Ekko integrates AI chatbots with decentralized safety through MPC expertise.
- Legacy Hyperlink facilitates safe digital asset inheritance by means of streamlined property administration.
- Full Sail introduces a complicated Automated Market Maker (AMM) leveraging Ika’s interoperability.
“In the present day marks the beginning of a brand new period in blockchain interoperability,” mentioned Ika Co-Founder Omer Sadika. “Our mainnet launch is not only a technological milestone, however a paradigm shift, bringing native Zero-Belief interoperability to Sui , and unlocking unprecedented prospects for builders, establishments, and particular person customers alike.”
With Ika now reside, blockchain tasks, monetary establishments, and builders can deploy multi-chain functions on Sui, function as community contributors, or have interaction with the Ika community.
For additional data, customers can go to https://ika.xyz or comply with Ika on X.
About Ika
Ika is the quickest parallel MPC community, providing sub-second latency, unprecedented scale and decentralization, and zero-trust safety. Because the premier alternative for interoperability, decentralized custody, and chain abstraction, Ika is about to revolutionize digital asset safety and multi-chain DeFi. Customers can study extra right here
Contact
Ika PR
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