juicyfx 「🦑」🦭/acc

Abyssal Master 「🦑」
GMorse

[d3h3d 「🦑」 @d3h3d_]

i've met quite a few people in miami (and here online) that asked me "what's the plan for ika", and although we have said all of this many times on many platforms, let me clear it up here in the most direct way possible:

1. ika is dev infra. it's one of the most powerful pieces of dev infra to ever exist in crypto, but for that potential to be realized we need devs and usage for ika's infra, and that has been a big gap that we're working to close in 2 meaningful ways - solana and encrypt.

2. solana is the number 1 dev platform in crypto, which is why ika is coming to solana. ika will still be available on sui, but our focus is solana because that's where all the developers are - since we announced it 6 weeks ago, we've had more developers interested in, exploring and building with ika than we've had in the past 4 years!! there's nothing that's even close to solana when it comes to developer velocity. absolutely nothing.

3. we're also launching an ika product ourselves on solana, which is itself another super powerful piece of developer infrastructure - @encrypt_xyz. privacy is going to have a huge role in crypto in the next few years, and encrypt's FHE tech is the best in the world. there are many developers building with encrypt, and every encrypt tx will also be an ika tx, which means every encrypt builder is also indirectly an ika builder. encrypt is a HUGE WIN for ika.

4. both ika and encrypt are live on solana devnet, and their launch timeline for mainnet will be announced soon. the next season of tasks for ika will be on solana after we go live on mainnet there, which will conclude season 1.

5. i've said it many times before, we are here to make cryptography infra that solves the hardest problems in crypto - custody, interoperability and privacy - and help crypto get mass adoption so it can change the world. over the past 4 years we did the impossible and solved some of the hardest cryptography research problems that many teams before us have tried to solve and failed. in the next few years we're going to do the impossible again with developer adoption. i know that crypto people have ptsd from unserious teams abandoning projects left and right, but this has always been a life-changing mission for us. we don't care about cycles or trends or what vcs think or what people say on twitter. we've been working on this mission day and night for 4 years, and the work is far from done. we will not stop or slow down until 90% of crypto txs are signed with ika.

@solana is a game changer for @ikadotxyz, and @encrypt_xyz is a big part of that

get ready for the next chapter anon, it's going to be fucking amazing

[Ika「🦑」 @ikadotxyz]

The largest asset in crypto lives on the chain with the smallest programmability.

The most programmable execution environment lives on the chain that can't natively touch it.

dWallets are the fix.

Not a synthetic. Not a wrapper. A Solana program signing real Bitcoin transactions.

[Ika「🦑」 @ikadotxyz]

Devs, drop what you're doing and study this👇

ZERO-TRUST SIGNATURES 🦑

Core idea: valid signature ONLY possible if user actively participates. Network by itself? Zero chance.

Wipes out unilateral control, honeypots, and rogue operator risk completely.

[d3h3d 「🦑」 @d3h3d_]

fun fact: i met @Justin_Bons at @SolanaConf and talked to him about @ikadotxyz

for 15 minutes he tried without success - which is pretty rare according to him - to poke holes in dwallets and the model of zero-trust decentralized custody & interoperability

ika adoption loading

[Ika「🦑」 @ikadotxyz]

picture this

u been here since 2018, comfy af, vibes immaculate

then u glance up

that thing

blotting out the sun, coming in fast straight at u

by the time u go “wait… is that...”

too late

ZUD incoming

brace or get erased

[d3h3d 「🦑」 @d3h3d_]

an @ikadotxyz builder spotted at @SolanaConf! i got some juicy alpha from this based anon founder about the institutional interest in @rheifinance

huge things coming!

[Ika「🦑」 @ikadotxyz]

nobody asked vol.3
AccountFi tldr is here 👇
if this finally makes ZUD click → ratio or ❤️
if not → skill issue, can’t help u bro 😢

[d3h3d 「🦑」 @d3h3d_]

i've made a diagram with the type of solution you should bet on for custody and interoperability, based on your answers to these 4 questions:

1. will crypto be multi-chain?
2. will crypto have good ux?
3. will crypto be decentralized?
4. will crypto be zero-trust?

[Ika「🦑」 @ikadotxyz]

Class, study this ✍️

dWallet: the zero-trust primitive that finally cracks ZUD for custody and interoperability🦑

[d3h3d 「🦑」 @d3h3d_]

why is @ikadotxyz special? there are so many projects that had good tech that didn’t make it

it’s simple really:

undeniable *monopoly* on an
undeniable *superior solution* for an
undeniable *problem* that is
undeniably *fundamental*

----------

1. undeniable monopoly - ika is undeniably the only infra that can power custody and interoperability with full ZUD - Zero-trust, Usability, Decentralization. it’s undeniable because 2pc-mpc made it possible for the first time ever

ethereum is an example of a project that launched with an undeniable monopoly on general purpose smart contracts

----------

2. undeniable superior solution - ika is not only categorically better because of solving the ZUD trilemma, it’s also provably superior in all other aspects - latency, throughput, level of decentralization, flexibility, genericity, optimizations, security guarantees - you name it. no one comes close in any single paramater.

solana is an example of a project that launched with an undeniable superior solution surpassing the performance of any other smart contract network

----------

3. undeniable problem - the vast majority of users today cannot manage the current state of crypto ux, and instead trust 3rd parties and use centralized solutions. even the few power users who manage to figure it out take on enormous risk (loss, theft etc.) that often materializes, causing huge losses. no one in crypto thinks self-custody can work for mass adoption, and no one in crypto thinks the fact that centralized trusted 3rd parties hold most of crypto on behalf of users is a good thing. it's an undeniable problem.

bitcoin is an example of a project that launched to solve an undeniable problem, a system to store and transfer value without trusting 3rd parties

----------

4. undeniably fundamental - if you don't think custody and interoperability need to be zero-trust / decentralized, then you don't believe in the premise of crypto. if you don't believe it needs to be usable with 100x better ux than now, you don't believe in mass adoption of crypto. so if you believe in a future of crypto mass adoption, not having full ZUD is an existential threat to that future. that is undeniably fundamental.

zcash is an example of a project that launched to solve a problem that is undeniably fundamental, zero-trust cryptographic privacy

----------

imagine having all 4

ika is undeniable

[d3h3d 「🦑」 @d3h3d_]

lessons from history - always look for a contrarian with a compelling thesis and strong technology

—————

in 2015 everyone in crypto believed crypto is money, a store of value

@ethereum was the main contrarian that paved the way for the current consensus of smart contracts and crypto being the rails for a new internet

—————

in 2020 everyone in crypto believed scaling is solved by breaking the state - sharding, rollups, app-chains etc.

@solana was the main contrarian that paved the way for the current consensus of one global state machine, with @SuiNetwork and others joining later, and now even @VitalikButerin is tweeting “you can just build on l1”

—————

today everyone in crypto believes custody and interoperability are separate issues and solving them involve sacrificing *Zero-trust*, *Usability (ux)* or *Decentralization*

they’re wrong

custody and interoperability are the same problem, and they should both be solved with a unified

*Zero-trust* framework based on cryptographic security, that maximizes

*Usability* and ux while remaining

*Decentralized*

ZUD

—————

this type of thinking wasn’t possible before @ikadotxyz, because the cryptography to do that wasn’t developed, but it is possible now with 2pc-mpc, and it might take some time (like every paradigm shift does), but it will become consensus, because there's no other way

ika is today’s crypto contrarian with a compelling thesis (ZUD) and strong technology (2pc-mpc)

[d3h3d 「🦑」 @d3h3d_]

when i say

no ika - no mass adoption

what i mean is that without ika you must agree to at least one of these:

1. there will only be one chain, and it will have turing complete smart contracts (so that chain isn’t bitcoin)

2. access to crypto will be based on trust and centralization

3. crypto can have a horrific user experience and still achieve mass adoption

if you believe in one of the above, then ika is not the only solution. it still might be better and faster and more scalable than other solutions, but it’s not the only one.

if you think crypto mass adoption absolutely must have full ZUD:

Zero-trust
Usability
Decentralization

then @ikadotxyz is the only solution

if anyone thinks there’s another ZUD solution for custody and interoperability, please post it below and i’ll prove to you it’s not ZUD

no ika - no mass adoption

[juicyfx 「🦑」🦭/acc @juicyfx]

@ikadotxyz Respect! 🐙

[Ika「🦑」 @ikadotxyz]

No Ika, no BTCFi.
🦑₿

[Demigod ⚡️ @demigodGMI]

🚨alpha🚨

i know I’ve been fudding this for a while now but ika has the best r/r on Sui right now. imagine bidding an infra token at 27m mcap.

insane, right?

these are some of the projects that are building with ika

- @FullSailFi , @rheifinance (defi interoperability)
- @Aeon_HQ , @0xHolonym (decentralized custody)
- @COVAULTxyz , @LuckyKatStudios (chain abstraction)
- @goNativeCC , @nativerse_xyz (programmable btc)
- @Atoma_Network , @EkkoSUI (ai agent guardrails)

with @0xHolonym going live soon and the 2pc-mpc v3 is now available on devnet (local), going to testnet soon. Things are beginning to fall in place faster than I expected.

imo, this is a no brainer buy at these levels, so I’ve scooped up close to 1.2m $ika tokens on @CetusProtocol.👀

thank you for your attention to this matter.🙂‍↔️

NFA🤝

[d3h3d 「🦑」 @d3h3d_]

the ultimate programmable account tech - @ikadotxyz - offers 3 types of programmable account, each designed for a specific set of use cases:

1. accounts fully owned by network (public user-share dwallet) - basically what legacy mpc networks like near, icp, thorchain etc. have, only ika is orders of magnitude more decentralized, fast and scalable. best for bridges, synthetics, pools etc.

2. zero-trust accounts (standard dwallets) - only possible on ika, no one knows the full key, nothing can be signed without both user-share and network-share. best for zero-trust interoperability, account transferability etc.

3. account fully owned by user (imported key dwallet) - only possible on ika, user has full backup, network only has network-share. best for decentralized custody, external permissions, ai agent access control etc.

if you’re wondering how could ika do so much more and so much better than so many teams who worked for years on these problems, it’s because of 2pc-mpc

this is the most powerful differentiator @SuiNetwork has and it’s not even close. there are other fast and scalable networks, networks with storage, encryption and tees. but no other l1 can currently claim there’s such a large set of major use cases that is only possible there.

sui is special because of ika. you’re welcome.

[d3h3d 「🦑」 @d3h3d_]

i have nothing against hedging bets and playing it safe

but long term community members always reap the greatest rewards

[d3h3d 「🦑」 @d3h3d_]

1. 💎 🙌
2. 🥩
3. 🪂

[Ika「🦑」 @ikadotxyz]

Here we go again
#MFSM 🦑

[Ika「🦑」 @ikadotxyz]

Don’t get it twisted. This beast packs the most savage tech in the game ⚡️