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#IKA# Ika Project Introduction
Ika (formerly dWallet Network) is a parallel MPC network that offers sub-second latency, scalability up to 10,000 tps, and hundreds of nodes. As the preferred choice for interoperability, decentralized custody, and chain abstraction, Ika aims to transform digital security and multi-chain DeFi.
The Ika architecture cross-chain service enables the secure circulation of mainstream resources like BTC on the Sui network, supports the development of diverse application scenarios, achieves sub-second interaction confirmation speed for efficient interoperation, optimizes multi-chain resource liquidity management and custody solutions, and features a distributed security management architecture that meets the needs of both institutional and individual users. It also develops convenient tools to simplify multi-chain application development and optimizes the end-user operational experience. With the development of the Sui ecosystem, the IKA Token will serve as the core token of the Ika MPC network.
The Ika network will optimize multi-chain interoperability, reduce interaction costs, and attract institutional users to adopt its decentralized custody solution. The team plans to launch a developer incentive program to promote more applications landing and maintain long-term value through a reasonable token economic model. The launch of IKA will bring more efficient and secure blockchain infrastructure to the Sui ecosystem.