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Home»Altcoins»COTI Unveils Latest Achievements As Crypto Bull Cycle Ramps Up
Altcoins

COTI Unveils Latest Achievements As Crypto Bull Cycle Ramps Up

NBTCBy NBTC10/03/2024No Comments2 Mins Read
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  • COTI introduces groundbreaking blockchain encryption and showcases COTI V2 advancements.
  • Djed stablecoin hits 800% protocol ratio, pausing SHEN minting temporarily.
  • Strong participation in airdrop poll reflects robust community support.

COTI, the innovative blockchain platform, has been bustling with activity, and the team is thrilled to present a comprehensive recap of their recent ventures in the latest COTI Roundup Blog.

From engaging X Spaces sessions to showcasing key use cases of COTI V2 and Djed’s protocol ratio hitting an impressive 800%, the blog provides an insightful overview of the platform’s recent strides.

A lot has been happening here at COTI, and we’re excited to share a recap of our recent activities. We’ve gathered all of them in this COTI Roundup Blog for you to stay updated on everything that’s happened.

👉https://t.co/WolDtzk9rf$COTI $gCOTI $DJED $SHEN #COTIV2 pic.twitter.com/f9BrVc4IyU

— COTI Foundation (@COTInetwork) March 7, 2024

A groundbreaking achievement in blockchain encryption is unveiled via COTI V2 for the first time. Dr. Avishay Yanai, CEO of Soda Labs, demonstrates private transactions on COTI V2 in an insightful demo.

The platform announces an upcoming Devnet and outlines key use cases for the growth fund, valued at almost $80 million. Use cases include confidential DeFi, secure payment transactions, stablecoins, confidential machine learning (GCML), and on-chain sensitive data management.

Ahead of the COTI V2 airdrop campaign, a poll reveals strong community participation, with 35% planning to lock deposits for 365 days or more. From February 21 onwards, Treasury participants receive gCOTI rewards in addition to standard COTI rewards, enhancing user incentives.

Djed, the overcollateralized stablecoin on Cardano, sees its protocol ratio surpass 800%, temporarily halting SHEN minting until it returns to the range of 400–800%. Shahaf Bar-Geffen and Dr. Avishai Yanai engaged in a captivating conversation on X Spaces, attracting nearly 8,000 listeners.

The discussion delves into garbled circuits and their diverse applications, such as DID, confidential transactions, and confidential machine learning. COTI gains attention across various platforms, with mentions and highlights circulating in online discussions.

Stay abreast of COTI’s dynamic journey by following their preferred channels for the latest updates and breaking news. The platform’s commitment to innovation and sustainability continues to shape the future of blockchain technology.


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