CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-03-26 13:07:32

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

Web3 privacy protocol COTI said on March 26 it has launched its mainnet, unveiling a new Layer 2 network designed to enable Privacy-on-Demand for decentralized applications and institutional users. Coti spent more than two years developing its mainnet and it is now positioned as a major player within the confidential blockchain infrastructure industry. Developed in collaboration with Soda Labs, COTI’s Layer 2 leverages Garbled Circuits, a cryptographic technique that allows private computation. The technology delivers up to 3,000x faster speeds compared to existing privacy solutions and is supported across leading blockchain networks. “The future of Web3 can’t be built on transparency alone—it demands privacy that’s fast, flexible, and compliant,” said Shahaf Bar-Geffen, CEO of COTI. “With the launch of COTI’s mainnet today, we are setting a new standard for confidential Web3, delivering Privacy-on-Demand across chains.” You might also like: Movement launches Public Mainnet Beta with a $250M starting TVL Solving privacy and compliance COTI’s Layer 2 addresses a key roadblock for enterprise and government adoption: the lack of compliant privacy infrastructure. As industries like real world assets and on-chain identity continue to expand, demand to protect sensitive data and meeting regulatory requirements becomes increasingly important. The future of Web3 needs more than transparency—it demands fast, flexible, and compliant privacy. With today’s launch of @COTInetwork Mainnet, we’re setting a new standard: Privacy-on-Demand across chains. This isn’t just an upgrade—it’s Web3’s missing infrastructure layer $COTI — Shahaf Bar-Geffen (@shahafbg) March 26, 2025 The platform is already being adopted by key ecosystem players, including Bancor, Band Protocol, MyEtherWallet (MEW), and PriveX, with more integrations on the way. COTI is also playing a role in national CBDC initiatives, such as the Digital Shekel pilot with the Bank of Israel. Ecosystem incentives and future growth To encourage adoption, the COTI Foundation is airdropping 100 $COTI tokens to eligible users who add the new Layer 2 network to MetaMask. The mainnet release includes a network explorer and bridge, allowing users to easily migrate from COTI V1 to V2. COTI’s launch signals a shift in how privacy is integrated into blockchain—transforming it from a barrier to a competitive edge and laying the groundwork for secure, scalable web3 infrastructure.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.