In anticipation of its upcoming Token Generation Event (TGE), Supra, the vertically integrated Layer 1 blockchain boasting MultiVM support, in-protocol oracles, VRF, bridges, and automation capabilities, has proudly launched its StarKey Wallet, a groundbreaking self-custodial and multichain wallet with a pioneering form of security: “Split Key Recovery.”
StarKey Wallet, the primary method to interact with Supra’s state-of-the-art L1 blockchain, 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.
In an astonishing debut, StarKey Wallet achieved over 130,000 downloads within the first three days of its release, and at time of writing boasted 300+ five-star reviews on the Chrome store. This phenomenal response highlights the demand for a user-friendly, secure wallet solution.
Joshua Tobkin, CEO of Supra, shared his enthusiasm: “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.”
StarKey Wallet introduces a number of innovative features, with the most prominent being the “Split Key Recovery” method of private key back up. 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 method enhances security by eliminating a single point of failure in the event of malicious attackers. This is a unique security feature, with traditional non-custodial wallets offering the download of a single file, making nefarious attacks easier to perform. Supra’s distinctive security design of their StarKey wallet allows users to split their backup files across three locations, making it far safer than traditional offerings on the market.
This secure design, along with 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.
In addition to the pioneering security of the Split Key Recovery method, StarKey Wallet also boasts 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. Asset management is simplified with StarKey, as the wallet automatically detects and displays tokens from any network associated with the user’s addresses.
Features in the pipeline also include StarKey Assist, which provide intuitive automated alerts and updates about gas fees, asset detection, and other essential notifications, making onchain interaction smoother and more efficient.
In the near future, users will benefit from the Auto-Detect Networks Custom Gas Trigger, enabling them to execute transactions automatically when gas fees meet their preset thresholds, as well as the ability to manage smart accounts within the same app as their Web3 hot wallets, streamlining digital asset management.
As the official wallet of Supra, and the only wallet that can manage the $SUPRA token at TGE, the launch of StarKey Wallet marks a significant milestone in the roadmap for Supra’s L1. As the blockchain progresses toward their TGE and associated launch of mainnet, their core community of 512,000 KYC’d token holders are now equipped with the best possible 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. With its full vertical integration of core services such as industry-leading price feeds, verifiable randomness generator, automation and bridges, Supra’s high-performance L1 will reduce friction around user onboarding and the Web3 user experience in general.
Powered by the Moonshot consensus mechanism, Supra’s L1 brings blazing-fast performance and robust security guarantees to its network. 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, positioning Moonshot head and shoulders above many other competing consensus mechanisms.
The launch of StarKey marks an exciting moment in Supra’s history and enables these innovative technologies to be leveraged by the everyday Web3 user. StarKey further establishes Supra as a global leader in the blockchain industry providing the best possible crypto experience for users and developers alike.
The wallet is available for download from the official website www.starkey.app and can also be followed on X at @Starkey_Wallet
About Supra
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. They focus on solving real problems for dApp developers and scaling Web3, supported by a developer toolkit with extensive guides and technical whitepapers.
This post was last modified on Jul 30, 2024, 15:05 BST 15:05