The increase has nearly tripled in 4 days. Can COTI, which launched a new technology solution, really increase the speed of privacy computing by a thousand times?

Recently, the price of COTI has experienced a huge increase, from around US$0.093 on February 22 to around US$0.27 on the 26th, with the increase nearly tripling within 4 days.

#The reason why COTI surged was due to the launch of the “garbled circuit” privacy technology. It is said that this technology can significantly increase the computing speed on the chain, reaching 1,000 times that of traditional encryption technology, and improve the transparency of data processing on the chain. The news ignited investor enthusiasm.

The following will introduce the COTI project and its latest technical solutions.

What does COTI V2 mean for privacy protection technology? How does the MPC agreement affect the COTI project itself?

In the blockchain space, the balance of privacy and transparency is crucial. COTI is a company focusing on Web3 infrastructure development and has rich experience in the research and development of Ethereum's second-layer network technology. Compared with zero-knowledge proofs, the recently introduced obfuscation circuit technology is considered to be a more efficient privacy protection scheme.

COTI is positioned as the first enterprise-level financial technology platform, providing organizations with the ability to build personalized payment solutions and digital currencies, thereby increasing efficiency and saving costs. With the launch of COTI V2, it has made a major breakthrough in the field of blockchain privacy computing, heralding the advent of a new era. By successfully designing and integrating the Multi-Party Computation (MPC) protocol, COTI V2 has not only made great progress in technology, but also established new standards for user privacy protection and data security.

One of the key milestones of the COTI V2 project is the successful integration of the MPC protocol. Through MPC technology, multiple participants can perform calculations together without revealing their private information, which provides a practical solution for privacy-preserving calculations. In today's digital era, privacy protection and data security have become particularly important and have become a global focus.

The MPC endpoint design and implementation in the COTI V2 project demonstrates the in-depth study and practice of privacy protection technology. By integrating MPC endpoints into the extended EVM (Ethereum Virtual Machine), COTI V2 maintains computing transparency and efficiency while ensuring the privacy and security of user data.

The COTI V2 project demonstrates technological innovation in combining MPC endpoints and extending EVM, while also highlighting the emphasis on user privacy. This integration not only enriches the functions of the Ethereum platform, enabling it to better support various decentralized applications (DApps), but also provides users with a more powerful privacy protection mechanism.

Through this innovative architecture, COTI V2 provides a solid foundation for developing complex and privacy-preserving blockchain applications for Ethereum and similar blockchains. The chain platform opens up new application scenarios. This not only enhances the application potential of blockchain technology, but also brings a more secure and private digital experience to users.

By deeply exploring the working mechanism of MPC endpoints, we can better understand the advancement of COTI V2 in privacy-preserving computing. MPC endpoints are designed to ensure data security and privacy protection during the computing process. By encrypting data and performing secure computing operations when needed, the confidentiality of user data is guaranteed.

COTI V2 not only promotes the development of blockchain technology through these technological innovations, but also provides users with a more secure and reliable platform. With the successful integration and application of MPC endpoints, COTI V2 is becoming a pioneer in blockchain privacy protection technology, leading the industry to progress towards higher standards of privacy protection and data security.

The calculation speed is 1000 times faster, and the security and stability are more outstanding: What are the other performance advantages of garbled circuit technology?

With the continuous development of blockchain technology, privacy protection has become an increasingly important issue. Against this background, COTI V2’s cutting-edge garbled circuit technology presents performance advantages that are significantly different from other privacy-preserving smart contract solutions. Through in-depth analysis, we can better understand the innovations of COTI V2 in the field of secure multi-party computation (MPC) and its advantages compared to other solutions.

Since its introduction, Garbled Circuits (GC) technology has attracted much attention due to its low latency and low storage requirements. Although traditionally ignored in blockchain applications due to inefficiencies in computational layer communication, recent technological breakthroughs have made this challenge disappear, making garbled circuits a viable option for blockchain privacy solutions for the first time. In particular, COTI V2 sets a new standard in privacy protection technology by significantly speeding up calculation times and reducing latency by up to 100 times by reducing real-time round-trip communications.

In terms of multi-party applications, COTI V2’s garbled circuit supports multiple entities to conduct complex transactions without revealing their respective information, which is difficult to achieve with other solutions, such as ZK rollups. Although ZK rollups can protect one party's information to a certain extent, they are insufficient in scenarios that require multi-party collaboration. In contrast, COTI V2 can support a wider range of applications while maintaining privacy, providing a new solution to needs such as confidential voting systems and privacy DEX.

In terms of computational complexity, COTI V2’s garbled circuit exhibits lower computational requirements, and the calculation speed can be 1,000 times faster than solutions based on addition or fully homomorphic encryption (AHE/FHE) . This is particularly important on the client side, as it means the user experience is not compromised even on low-power devices.

In terms of storage requirements, COTI V2 also shows its superiority. Compared with the FHE scheme, which requires thousands of bytes of storage space for each ciphertext, COTI V2's garbled circuit only requires 32 bytes for each ciphertext, significantly reducing storage requirements.

In addition, COTI V2 also shows advantages in redundancy and system resiliency. Compared with TEE-based solutions, COTI V2 avoids the risk of single points of failure and provides users with higher security and stability.

Overall, COTI V2’s garbled circuit technology shows significant advantages in multiple dimensions such as latency, multi-party applications, computational complexity, storage requirements and system elasticity, and provides blockchain privacy protection technology development sets new standards. With the release of the COTI V2 white paper, we look forward to further discussion and application of this innovative technology inside and outside the industry.

gCan the COTI reward mechanism enable the COTI project to quickly complete the fission of user scale and achieve a surge in total market value?

In the cryptocurrency space, continued innovation is key to growth and attracting users. COTI Treasury has taken an important step in this regard and provides users with a new way to add value by introducing the gCOTI reward mechanism. This move not only enriches the reward system, but also further solidifies COTI’s position as a cutting-edge cryptocurrency project.

COTI Treasury’s latest update introduces gCOTI as an additional bonus, a strategy designed to reward users who choose to deposit their funds into $COTI Treasury. gCOTI, as the governance token of COTI Treasury, not only plays a role in governance decisions, but also significantly increases the basic annualized rate of return (APY) of user deposits, up to 1600%. This innovative reward mechanism marks a solid step taken by COTI Treasury in increasing the value of user assets and enhancing the project ecosystem.

In COTI Treasury, the distribution process of gCOTI rewards is designed to be very transparent and user-friendly. Unlike traditional $COTI rewards, which require users to actively claim them, gCOTI rewards are directly and automatically distributed to users' wallets every week, eliminating the need for a complicated claim process. In addition, users can easily view the total amount of gCOTI rewards earned so far, as well as the amount of rewards that will be distributed soon, through the tooltip on the Treasury page. This direct and automated reward distribution method not only increases user convenience, but also improves the transparency of the entire reward system.

The COTI project further elaborates on the improvement of user income potential of gCOTI rewards through two hypothetical scenarios:

Scenario 1: Bob deposits 1,000 $COTI, the basic APY is 5%, unused gCOTI increases APY. Each week, he was rewarded with 0.48 $COTI and 0.96 gCOTI, demonstrating the benefits that can be achieved even without additional investment.

Scenario 2: Jenny deposits 1,000 $COTI and uses 100 gCOTI to increase the APY to 23%, showing the possibility of significantly increasing returns through strategically increasing investments. She earns an additional 2.21 $COTI and 4.42 gCOTI every week.

These scenarios reveal how COTI Treasury’s gCOTI reward mechanism provides new opportunities for different types of users to grow their earnings. Community members can look forward to more updates and improvements as COTI Treasury develops further, including the long-anticipated $COTI ERC20 deposit and more.

The COTI project has been making major moves recently, but it is still unclear whether it can build a safe and efficient private payment financial platform as expected

Recently, COTI has demonstrated its commitment to strengthening the ecosystem and promoting privacy protection. promise. By announcing the allocation of 400 million COTI tokens worth $25 million to support privacy-focused projects, COTI not only deepens its investment in the future development of blockchain technology, but also emphasizes its emphasis on privacy protection. At the same time, COTI's technological transformation from a DAG-based architecture to Ethereum Layer 2 marks its determination to pursue more efficient and scalable solutions, aiming to optimize user experience and reduce transaction costs.

The Soda Labs team, the first batch to receive funding from the COTI Foundation, has proven COTI's commitment to promoting technological innovation and privacy protection with its innovative work in the field of encrypted multi-party computation (MPC). In addition, the progress made in the development of COTI V2, especially the successful design and integration of the multi-party computation (MPC) protocol, bodes well for a more robust and diverse COTI ecosystem.

Looking ahead, these steps by COTI not only solidify the foundation of its digital payments platform, but also demonstrate its leadership at the forefront of blockchain technology innovation. By investing in privacy technology and adopting advanced Layer 2 solutions, COTI is building a more secure and efficient payments ecosystem for the digital economy. As the technology further matures and more projects become involved, COTI is expected to continue to play a leading role in the cryptocurrency and blockchain fields and promote industry development.

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