Token

when

Supra, the vertically integrated Layer 1 blockchain with multiVM support, in-protocol oracles, VRF, bridges, and automation capabilities, has enthusiastically launched its <a href="https://www.starkey.app" target="_blank" rel="noopener noreferrer nofollow">StarKey Wallet</a>, a ground-breaking multichain and self-custodial wallet with a novel form of security called “Split Key Recovery,” in advance of its upcoming Token Generation Event (TGE).
The primary method&nbsp;for interacting with Supra’s cutting-edge L1 blockchain, StarKey Wallet, was made available for download last week via the official Chrome Web Store for Google Chrome users. Versions for mobile devices and other browsers, like as Mozilla Firefox and Brave, will be released shortly.
StarKey Wallet had an incredible beginning, with over 130,000 downloads in the first three days of its launch. As of this writing, the Chrome store has more than 300 five-star ratings. This incredible reaction demonstrates how much need there is for an easy-to-use, safe wallet solution.
Joshua Tobkin, CEO of Supra, shared his enthusiasm:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “We are ecstatic to introduce StarKey Wallet to the Web3 community. Our mission has always been to provide secure, user-friendly solutions that empower users to explore the limitless possibilities of Web3 technology, and StarKey Wallet is a testament to our commitment to not only this innovation, but our dedication to security as well,” Tobkin said. “With features like Split Key Recovery and multichain connectivity, we are setting a new standard for what users can expect from a self-custodial wallet, and the incredible response we’ve received within the first few days of launch highlights the fact that the crypto community feels the same. We sincerely believe that StarKey Wallet is poised to become the go-to wallet for Web3 enthusiasts and developers alike.”
</blockquote>
<h3 class="wp-block-heading" id="h-revolutionary-features-and-split-key-recovery">Revolutionary Features And Split Key Recovery</h3>
The “Split Key Recovery” technique for private key backup is the most notable of the many cutting-edge features that StarKey Wallet offers. Only two of the three distinct fragments—one each from the cloud, a local storage&nbsp;drive, and a guardian—along with the user’s password are needed for recovery thanks to Split Key Recovery. By getting rid of a single point of failure for potential malevolent attackers, this technique improves security. This is a novel security feature since conventional non-custodial wallets only allow the download of a single file, which facilitates malicious attacks. Users may divide their backup data across three places using Supra’s unique security design, which makes their StarKey wallet far safer than competing products.
Users may explore Web3 with confidence since this secure design&nbsp;and the complete product have undergone a full assessment by Web3 security experts <a href="https://cdsecurity.site" target="_blank" rel="noopener noreferrer nofollow">CD Security</a>, guaranteeing the highest industry security standards.
Apart from the innovative security of the Split Key Recovery technique, StarKey Wallet also has multichain connectivity, which enables users to manage their assets from a single wallet across many blockchain networks, such as Supra, Ethereum, Aptos, Sui, and more that will be added shortly. With StarKey, asset management is made easier since tokens from every network connected to the user’s addresses are automatically&nbsp;detected and shown in the wallet.
StarKey Assist is another feature in the pipeline that will make onchain interaction more efficient and seamless by providing user-friendly automatic alerts&nbsp;and updates on gas fees, asset detection, and other pertinent notifications.
Users will soon be able to take advantage of the Auto-Detect Networks Custom Gas Trigger, which will allow them to automate transactions when gas fees reach predetermined thresholds. Additionally, managing smart accounts within the same app as Web3 hot wallets will streamline digital asset management.
<h3 class="wp-block-heading" id="h-exciting-step-toward-tge">Exciting Step Toward TGE</h3>
The debut of StarKey Wallet, the official wallet of Supra and the only wallet capable of managing the $SUPRA token at TGE, is a critical turning point in Supra’s L1 roadmap. The core community of 512,000 KYC’d&nbsp;token holders on the blockchain now has access to the best self-custodial wallet available to store their assets and interact with what is expected to be one of the strongest Layer-1s in the market as the blockchain moves closer to its TGE and the mainnet launch that goes along with it. Supra’s high-performance L1, with its complete vertical integration of fundamental services including industry-leading price feeds, verifiable&nbsp;randomness generator, automation, and bridges, will lessen friction related to user onboarding and the Web3 user experience overall.
Supra’s L1, which is driven by the Moonshot consensus mechanism, provides its network with lightning-fast speed and strong security assurances. Supra outperformed several other competing consensus methods in global testing, processing 530k transactions per second throughput over 125 nodes dispersed worldwide with 500 millisecond optimistic finality and ~1.5 – 2 sec full&nbsp;finality.
An important chapter in Supra’s history has begun with the debut of StarKey, which makes these cutting-edge technology accessible to the everyday&nbsp;Web3 user. StarKey solidifies Supra’s position as a world-class player in the blockchain space by offering developers and customers alike the greatest cryptocurrency experience.
The wallet may be followed on X at <a href="https://x.com/Starkey_wallet" target="_blank" rel="noopener noreferrer nofollow">@Starkey_Wallet</a> and downloaded from the official website, <a href="http://www.starkey.app" target="_blank" rel="noopener noreferrer nofollow">www.starkey.app</a>.

Supra Launches Groundbreaking StarKey Wallet Ahead of Upcoming TGE

Table of Contents

TheNewsCrypto

Other articles published on Jul 30, 2024

Trump Gains Crypto Support

SEC Plans to Amend Binance Complaint

TOKEN2049 Singapore Set to Be World’s Largest Web3 Event With 20,000 Attendees And Over 500 Side ...

NEIRO vs. Poodlana: Which Crypto Wins the Dog Coin War?

Cardano (ADA) Prediction for July 30

Donald Trump Winning 2024 US Presidential Election May Cause Global Economic Turbulence

Join our free newsletter for daily crypto updates!