Hassan Maishera
Supra, the vertically integrated Layer 1 blockchain boasting MultiVM support, in-protocol oracles, VRF, bridges, and automation capabilities, announced on Tuesday, July 30th, that it has launched its StarKey Wallet.
StarKey Wallet is a self-custodial and multichain wallet with a pioneering form of security: “Split Key Recovery.” The launch comes in anticipation of its upcoming Token Generation Event (TGE),
In a press release shared with Cryptowisser, Supra revealed that StarKey Wallet is the primary method to interact with Supra’s state-of-the-art L1 blockchain. The wallet was made available for download last week initially on Google Chrome through the official Chrome Web Store, with mobile and other browser versions (like Brave and Mozilla Firefox) set to launch soon.
The StarKey Wallet recorded over 130,000 downloads within the first three days of its release and currently has 300+ five-star reviews on the Chrome store.
While commenting on this launch, Joshua Tobkin, CEO of Supra, said,
"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."
High-end Features and Split Key Recovery
According to the team, StarKey Wallet comes with several innovative features, including the “Split Key Recovery” method of private key backup. Split Key Recovery divides the user's recovery key into three unique fragments, stored across the cloud, a local storage device, and a guardian, requiring only two fragments along with the user's password for recovery.
This recovery method boosts security by eliminating a single point of failure in the event of malicious attackers. This allows users to split their backup files across three locations, making it far safer than traditional offerings on the market.
Supra revealed that the secure design in addition to the entire product was thoroughly audited by Web3 security experts CD Security, ensuring the highest levels of industry security and allowing users to explore Web3 with confidence.
StarKey Wallet also comes with multichain connectivity, allowing users to manage their assets across multiple blockchain networks, including Supra, Ethereum, Aptos, Sui, Solana, and more coming soon, all from a single wallet.
The StarKey Wallet automatically detects and displays tokens from any network associated with the user's addresses, easing asset management processes for users.
Supra is also working on other features including StarKey Assist, which provides intuitive automated alerts and updates about gas fees, asset detection, and other essential notifications, making onchain interaction smoother and more efficient.
The team is also working on the Auto-Detect Networks Custom Gas Trigger, enabling users to execute transactions automatically when gas fees meet their preset thresholds, while managing smart accounts within the same app as their Web3 hot wallets, streamlining digital asset management.
Supra Prepares for its TGE with Exciting Updates
According to the team, the StarKey Wallet is the only wallet that can manage the $SUPRA token. Ahead of Supra’s TGE and associated launch of mainnet, their core community of 512,000 KYC’d token holders now have a self-custodial wallet to store their assets and interact with what is set to be one of the most powerful Layer-1s in the industry.
Supra’s Layer-1 blockchain is powered by the Moonshot consensus mechanism and it enjoys fast performance and robust security. In global tests, Supra processed 530k transactions per second throughput across 125 nodes globally distributed, with 500-millisecond optimistic finality and ~1.5 – 2 secs full finality.
Supra is an all-new blockchain that vertically integrates oracles, bridges, automation, and randomness into a powerful Layer-1 with MultiVM compatibility. It's designed to give developers all the tools they need to build on one chain, enabling a new breed of Super dApps.
Supra is also a leading provider of Oracle price feeds and verifiable randomness across 80+ blockchains with Layer-1 security guarantees.
