About COTI
COTI (Currency Of The Internet) is a privacy-focused Web3 infrastructure project that works as a programmable privacy layer and confidential computing platform for blockchain applications. It evolved from an earlier DAG-based payments protocol. Shahaf Bar-Geffen, Dr. Nir Haloani, and David Assaraf founded the project in 2017. The original COTI mainnet launched in June 2019, when all native COTI tokens were minted. The project later expanded to multi-chain representations including ERC-20, BEP2, and BEP20 formats. The legacy COTI network is built on a directed acyclic graph data structure and uses a Proof of Trust consensus mechanism, combining user Trust Scores with lightweight proof of work to confirm transactions through its Trustchain algorithm. The COTI token is the protocol's native cryptocurrency, used for transaction fees, staking, and ecosystem participation across its multi-chain deployments. COTI has a fixed maximum supply of 2,000,000,000 tokens, all minted at the June 2019 mainnet launch, with no mechanism to create additional tokens. The project provides infrastructure for private, scalable digital payments and confidential Web3 applications that retain on-chain verifiability.
COTI launches Privacy-on-Demand and Privacy Portal on Avalanche
COTI's privacy solutions on Avalanche could revolutionize blockchain transactions by enhancing confidentiality and expanding multi-chain integration.
COTI announces launch of Nightfall – expanding its enterprise privacy ecosystem with ZK technology
Austin, United States, 26th March 2026, Chainwire
COTI launches EVM-compatible testnet with support from MyEtherWallet
COTI's EVM-compatible testnet launch, supported by MyEtherWallet, could revolutionize privacy and scalability in decentralized finance and web3 applications.
SEC seeks complaint amendment to redefine crypto asset securities
The SEC is seeking to amend its complaint against Binance. The amendment would specifically address the definition of "Third Party Crypto Asset Securities" as outlined in a previous filing.
COTI Announces Upcoming ETH L2 Developer Network and Key Target Use Cases For its $100M Worth Growth Fund
Tel Aviv, Israel, February 28th, 2024, ChainwireCOTI Foundation is proud to announce the key use cases it will target using its $100 million worth development fund, to be allocated in COTI tokens.Web3 development leader COTI and COTI Foundation announced today key use cases that will be the core focus for this round of the COTI $100 million Development Fund, to be allocated in COTI tokens. The selection process will be open to all developers and will encourage them to explore and build data-secure applications that have not been practical without the use of Multi-Party Computation (MPC). The first to successfully demonstrate on-chain garbled circuits, the COTI V2 ecosystem will deliver transactional confidentiality to Ethereum in a solution that is 250X lighter and up to 1000x faster than other privacy-preserving solutions on the market. The ability to keep data secure while using it for verification and computation—especially at this scalability—creates new use cases for not only Web3 applications, but Web2 industries as well. The COTI Foundation will be bolstering the growth of its ecosystem with a rewards program along with the development grants to fund the most critical development areas.The technology behind the COTI privacy-centric design, garbled circuits, is a form of Multi-Party Computation (MPC) that allows different parties to cooperate and perform a computation using private information from each party. However, the method keeps this private information encrypted throughout, allowing the computation to complete without ever exposing the data to other parties. This technology creates use cases never before possible on Web3 as it provides unprecedented privacy while allowing for trustless transactions with other parties around the globe. Keeping sensitive data secure is the default for most Web2 applications, but is much more difficult on Web3’s public ledger architecture. Garbled circuits allow the data to provide both verification and computation while staying encrypted throughout.COTI Founder and CEO Shahaf Bar-Geffen said: “Since the announcement of the COTI V2 in December, we have seen huge interest in the space about the potential that Privacy-Centric innovation offers to Web3. Having recently achieved our first milestone of integrating GC into the blockchain for the first time, we are pleased to present a clear vision and an open call to all blockchain builders and thinkers to join the COTI ecosystem, starting with our upcoming Devnet.”The launch of the COTI V2 Devnet will allow developers to experiment with the technology, bring privacy to existing applications, and innovate by creating brand new use cases.
AdaSwap Partners With Djed Stablecoin to Explore DEX Listing & Integration Opportunities
Djed is an algorithmic stablecoin protocol buying and selling for a price in a range that's pegged to a target price
A sourced map of COTI's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on COTI and the wider market, hosted by our team, will appear here once episodes are live.