SUI Network has partnered with IKA to release a programmable wallet through its new Dwalletcap system. dwalletcap converts your wallet into a programmable object that can be deployed. This allows users to exercise flexibility in managing NFTs, DAOs and even cross-chain portfolios.
With object-centric design and Mysticeti consensus, these programmable wallets enjoy the finality after seconds for SUI. This innovation brings a completely different design pattern to controlling property ownership and access in a distributed environment.
Security and Scale is equipped with 2PC-MPC protocol
Signatures include users and networks. The system can grow to thousands of nodes, but the signature cost does not increase with user count. With the zero trust architecture provided by SUI, this protocol helps make wallets highly decentralized, secure and scalable in traditional systems.
Comparison with Ethereum Wallet
Traditional Ethereum wallets rely on either a fixed key or a seed-phrase-enabled HD wallet. They are not native programmable and are not operable through the transfer of ownership. Some have features like smart contract wallets and account abstractions, but SUI object-level programmaticity cannot be completely reimplemented.
dwalletcap makes your wallet into one class. In this respect, programmable SUI wallets are more adaptable and safer than regular Ethereum wallets. SUI’s programmable wallets enable multi-chain asset management opportunities, programmable NFTs, and DAO financial management. With dwalletcap, traditional bridging allows users to manage assets such as Bitcoin and Ethereum.
The IKA network achieves a rate of 10,000 transactions, which supports programmable custody and real-time DAPP second-highest. The present invention has the potential to rewrite rules for debt, multi-chain ownership, and next-generation wallet architectures.