Ika is a sub-second Multi-Party Computation (MPC) network that achieves up to 10,000 signatures per second with a zero-trust, non-collusive architecture, enabling real-time transaction processing across hundreds of nodes. This technology addresses the limitations of traditional MPC solutions, which are slow and restricted to a few nodes, by providing high throughput and enhanced security for decentralized applications in Web3.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional Multi-Party Computation (MPC) networks are often slow, support a limited number of nodes (typically 4-8), and require a degree of trust, hindering their applicability in decentralized Web3 applications demanding high throughput and security. This limits the potential for real-time transaction processing and secure cross-chain functionality.
Solution
Ika provides a sub-second MPC network designed for Web3, achieving up to 10,000 signatures per second with a zero-trust, non-collusive architecture. This high-throughput network scales to hundreds of nodes, enabling real-time transaction processing and secure cross-chain functionality. By leveraging a novel 2PC-MPC scheme, Ika facilitates advanced features like account recovery, spending limits, and secure MPC guardrails for AI applications. The network's architecture ensures user assets remain secure even in worst-case scenarios, setting a new standard in decentralized security.
Target Audience
The primary target audience includes Web3 developers, DeFi platforms, decentralized custody solutions, and applications requiring secure, high-throughput MPC, particularly those building on the Sui blockchain.
Features
- Sub-second signature generation for real-time transaction processing
- Scalability to hundreds of nodes without compromising performance
- Zero-trust, non-collusive architecture for enhanced security
- Native interoperability with Bitcoin, Ethereum, and other blockchains via the Sui blockchain
- Support for advanced wallet features like account recovery and spending limits
- Secure MPC guardrails for AI applications on Sui
- Compatibility with Zero Trust Protocols (ZTPs) for enforcing logic on user-generated signatures