COTI, a pioneering Blockchain protocol optimized for decentralized payments, has made significant waves as one of the leading daily gainers on the renowned cryptocurrency exchange Binance, boasting a remarkable 39% surge within just 24 hours.
The platform has been buzzing with activity throughout the week, witnessing a staggering 77% increase in value over the past seven days alone. Amidst this flurry of activity, COTI has achieved a pivotal milestone with the release of COTI V2.
COTI’s transition to an Ethereum L2 platform with a focus on privacy marks a monumental shift for the community. The success of COTI V2 is paramount, given its ambitious development schedule and stringent project deadlines.
Months of dedicated development efforts have culminated in the successful design and integration of the Multi-Party Computation (MPC) protocol within COTI V2.
MPC represents a groundbreaking advancement in cryptography, enabling a collective of parties to collaboratively execute computations on their private inputs without exposing them to one another. The protocol ensures that the output of the computation remains confidential, safeguarding privacy integrity even in the face of external scrutiny.
The integration of MPC is just the beginning of COTI’s journey, with numerous development milestones slated for the platform throughout the year. As COTI continues to evolve and innovate, it reaffirms its position as a trailblazer in the realm of decentralized payments, driving the adoption of blockchain technology and revolutionizing the landscape of digital finance.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.