COTI debuts high-speed privacy network with 3,000x faster tech

COTI debuts high-speed privacy network with 3,000x faster tech


The Web3 COTI Privacy Protocol said that on March 26, it launched its Mainnet, revealing a new layer 2 network designed to allow demand for decentralized applications and institutional users.

COTI has spent more than two years developing its Mainnet And he is now positioned as a major player in the confidential blockchain infrastructure industry.

Developed in collaboration with Soda Labs, layer 2 of COTI operates the scrambled circuits, a cryptographic technique which allows a private calculation. Technology offers speeds up to 3,000xx faster compared to existing confidentiality solutions and is supported in the main blockchain networks.

“The future of web3 cannot be built on transparency alone – it requires rapid, flexible and compliant intimacy,” said Shahaf Bar -Geffen, CEO of Coti. “With the launch of the Mainnet de Coti today, we are establishing a new standard for Confidential Web3, offering confidentiality on demand between channels.”

Resolve confidentiality and conformity

COTI 2 COTI deals with a key obstacle for the company and the adoption of the government: the lack of confidentiality infrastructure in accordance. While industries such as active world and chain identity continue to develop, the demand for protecting sensitive data and satisfaction of regulatory requirements are becoming increasingly important.

The platform is already adopted by the main ecosystem players, including Bancor, Band Protocol, Myetherwallet (MEW) and Privex, with more integration on the way. COTI also plays a role in national CBDC initiatives, such as the Digital Shekel driver with the Bank of Israel.

Ecosystem incentives and future growth

To encourage adoption, the COTI Foundation is $ 100 -coti tokens to eligible users who add the new layer 2 network to Metamask. The Mainnet version includes a network explorer and a bridge, allowing users to easily migrate from COTI V1 to V2.

The launch of COTI points out a change in the way confidentiality is integrated into the blockchain – transforming it from a barrier to a competitive advantage and laying the basics of a secure and scalable web3 infrastructure.



Post Comment