CandleFocus Ika Launches on Sui, Revolutionizing MPC Solutions Across Blockchain
2024-10-30
Author: Content Editor
Ika, a multi-party computation (MPC) network, has gone live on the Sui blockchain. The network, previously known as the dWallet Network, aims to revolutionize multi-chain decentralized finance (DeFi) without requiring bridging solutions. Ika provides secure and efficient solutions for cross-chain bridging and promotes connectivity between different blockchains. It utilizes the advanced structure of MPC networks, with throughput capabilities of up to 10k transactions per second, to create decentralized services for institutional players. Additionally, Ika offers decentralized custody for digital assets and will launch its native token, $IKA, on Sui to facilitate secure transactions within its network. The integration of Ika's high-speed MPC technology on Sui is expected to enhance decentralized solutions, positioning Sui as a leading platform for cross-chain DeFi and programmable Bitcoin solutions.
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