About COTI (COTI)
COTI is a fast and light confidentiality layer on Ethereum, utilizing the advanced cryptographic protocol Garbled Circuits. Secured by Ethereum, COTI aims to offer the most sophisticated and compliant solution for data protection on public blockchains. By doing so, COTI is paving the way for the next wave of Web3 innovation and adoption. The platform seeks to enable new use cases, including confidential transactions, Artificial Intelligence, DeFi, decentralized identification, and more.
COTI, driven by Garbled Circuits, claims to provide a privacy solution that is 1000 times faster and 250 times lighter than current options, compatible with any device, and provides a seamless user experience.
According to the project, one significant barrier to the widespread adoption of the Ethereum Virtual Machine (EVM) is its lack of confidentiality, as it leaves all data publicly accessible. This transparency does not meet the expectations of businesses, communities, and individuals who require privacy. To address this, COTI has introduced the gcEVM, an extension to the EVM that offers confidentiality by allowing private data management and operations without exposing the data, unless required by the execution itself.
COTI's native cryptocurrency $COTI operates on three distinct blockchains. Users pay transaction fees with COTI and can stake it to earn rewards. COTI supports various use cases on the Trustchain, such as e-commerce, remittances, micropayments, and more.
The price of $COTI is available and updated in real time on Binance.
