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Parallel MPC network Ika launched at Sui

2024-10-31 04:57
Odaily News The parallel MPC network Ika has been launched on Sui. According to reports, the network can provide interoperable solutions across multiple chains such as Bitcoin, Ethereum and Solana without traditional bridging. Ika uses Sui's Mysticeti consensus and 2PC-MPC encryption technology to support Move smart contract developers and achieve institutional-level scalability and security, aiming to enable applications such as programmable Bitcoin, DeFi interoperability, decentralized custody, chain abstraction, and secure AI guardrails.