Supra, the vertically integrated Layer 1 blockchain that features multiVM support, in-protocol oracles, VRF, bridges, and automation capabilities, has proudly launched the Supra StarKey Wallet. This innovative multichain and self-custodial wallet introduces a groundbreaking security method known as “Split Key Recovery ” and comes just ahead of its anticipated Token Generation Event (TGE).
Last week, the primary means for engaging with Supra’s state-of-the-art L1 blockchain, the Supra StarKey Wallet, became available for download through the official Chrome Web Store for Google Chrome users. Upcoming versions for mobile platforms and other browsers like Mozilla Firefox and Brave are slated for release soon.
The Supra StarKey Wallet had an exceptional launch, seeing over 130,000 downloads within the first three days. Currently, the Chrome store showcases more than 300 five-star ratings. This enthusiastic response underscores the high demand for a user-friendly and secure wallet solution.
Joshua Tobkin Hails Supra StarKey Wallet as Web3 Game-Changer
Joshua Tobkin, CEO of Supra, expressed his excitement:
“We are ecstatic to introduce the Supra StarKey Wallet to the Web3 community. Our goal has always been to offer secure, user-friendly solutions that empower users to explore the limitless possibilities of Web3 technology. The Supra StarKey Wallet exemplifies our commitment to innovation and security,” stated Tobkin. “With features like Split Key Recovery and multichain connectivity, we are setting a new standard for self-custodial wallets. The overwhelming reaction we received in just a few days exemplifies the crypto community’s enthusiasm. We strongly believe that the Supra StarKey Wallet is on track to become the preferred choice for Web3 enthusiasts and developers alike.”
Revolutionary Features and Split Key Recovery
The most striking aspect of the Supra StarKey Wallet is its unique “Split Key Recovery” technique for private key backup. This advanced method requires only two out of three distinct fragments—one each from cloud storage, a local storage drive, and a guardian—along with the user’s password for recovery. By eliminating a single point of vulnerability, this approach enhances security significantly. Traditional non-custodial wallets usually only provide a single file for backup, making them more susceptible to attacks. The innovative security design of the Supra StarKey Wallet allows users to distribute their backup data across three locations, making it markedly safer than other wallets on the market.
Confidently exploring Web3 is made possible with this secure design, which has undergone a comprehensive assessment by Web3 security experts CD Security, ensuring the highest industry standards.
In addition to its groundbreaking Split Key Recovery security feature, the Supra StarKey Wallet also boasts multichain connectivity. This allows users to manage their assets from a single wallet across various blockchain networks, including Supra, Ethereum, Aptos, Sui, and more networks that will be added soon. The Supra StarKey Wallet simplifies asset management by automatically detecting and displaying tokens from all connected networks in the user’s wallet.
Furthermore, an upcoming feature, StarKey Assist, will streamline on-chain interactions by offering user-friendly automatic alerts and updates regarding gas fees, asset detection, and other essential notifications.
Additionally, users can soon benefit from the Auto-Detect Networks Custom Gas Trigger feature, which will help automate transactions when gas fees hit predetermined thresholds. Managing smart accounts will also be simplified, as it will be integrated within the same app as Web3 hot wallets, further enhancing digital asset management.
Exciting Step Toward TGE
The launch of the Supra StarKey Wallet marks a pivotal moment in Supra’s L1 roadmap. As the official wallet for Supra and the exclusive means of managing the $SUPRA token at TGE, it provides access to the leading self-custodial wallet for the core community of 512,000 KYC’d token holders.
This will allow users to store their assets and engage with what is expected to be one of the most robust Layer-1 solutions in the market as the blockchain approaches its TGE and the accompanying mainnet launch.
Supra’s high-performance L1 operates on a Moonshot consensus mechanism, providing the network with rapid speeds and solid security provisions. In global testing, Supra outperformed several competing consensus methods, achieving a remarkable 530k transactions per second across 125 nodes and delivering 500 milliseconds of optimistic finality and approximately 1.5 to 2 seconds of full finality.
The debut of the Supra StarKey Wallet marks an exciting new chapter in Supra’s history, making its innovative technologies more accessible to everyday Web3 users. With the Supra StarKey Wallet, Supra solidifies its position as a leading player in the blockchain landscape, delivering an unparalleled cryptocurrency experience for both developers and consumers alike. Stay tuned for more updates on this evolving story on the Turkish NY Radio.