privacy: News of COTI (COTI) - July 2024 Price Update - 7.03% Breakout Crypto News and Analysis

Spot the Main Event:

COTI will take part in the Central Bank of Israel's CBDC project alongside giants like PayPal and Fireblocks. This is a major milestone for COTI as it positions itself as a leader in the CBDC market. As the only blockchain network selected to take part, COTI’s privacy-focused L2 blockchain offers advanced features to hold and securely transact with CBDCs. As more Central Banks look to adopt CBDCs, they will be well positioned to meet the growing need for credible and scalable blockchain infrastructure, and establish themselves as a leader in the CBDC marketplace.

Donmello

Spot the Main Event:

COTI will take part in the Central Bank of Israel's CBDC project alongside giants like PayPal and Fireblocks! This is a major milestone for COTI as it positions itself as a leader in the CBDC market. As the only blockchain network selected to take part, COTI’s privacy-focused L2 blockchain offers advanced features to hold and securely transact with CBDCs. As more Central Banks look to adopt CBDCs, we will be well positioned to meet the growing need for credible and scalable blockchain infrastructure, and establish ourselves as a leader in the CBDC market place..

To God be the Glory

Spot the Main Event:

COTI will take part in the Central Bank of Israel’s CBDC project alongside companies like PayPal and Fireblocks. CBDCs have been identified by COTI as a key use case for its privacy-centric upcoming infrastructure and we are thrilled to announce this milestone.

Trade hard. Joy is coming

Explore the Core.

COTI V2 introduces a sophisticated cryptographic framework centered around garbled circuits and multiparty computation (MPC), offering a new standard for on-chain privacy as an EVM-compatible Layer 2. In terms of comparison to other techniques, garbled circuits are about 1000x faster and less expensive in terms of computation, 250X better in terms of latency and 100X lighter in storage. This framework not only enhances the Ethereum ecosystem’s scalability and security but also opens up new possibilities for decentralized applications (dApps) by enabling confidential transactions and data management.

Spot the Main Event:

CBDCs have been identified by COTI as a key use case for its privacy-centric upcoming infrastructure and we are thrilled to announce this milestone. The Bank of Israel has been exploring CBDCs since 2018 and will now explore with COTI the implementation and use of advanced functionalities and ways to build an ecosystem around its CBDC. As the only blockchain network selected to take part, COTI will bring its expertise to bear on design considerations. COTI’s privacy-focused L2 blockchain offers advanced features to hold and securely transact with CBDCs. COTI uses garbled circuits to bring unprecedented levels of privacy and confidentiality to its users. The technology has the potential to enhance CBDC as a secure means of payment, offering significantly lower running costs than other privacy technologies and can run on any device.

Explore the Core.

COTI V2 introduces a sophisticated cryptographic framework centered around garbled circuits and multiparty computation (MPC), offering a new standard for on-chain privacy as an EVM-compatible Layer 2. In terms of comparison to other techniques, garbled circuits are about 1000x faster and less expensive in terms of computation, 250X better in terms of latency and 100X lighter in storage. This framework not only enhances the Ethereum ecosystem’s scalability and security but also opens up new possibilities for decentralized applications (dApps) by enabling confidential transactions and data management.

Spot the Main Event:

COTI will take part in the Central Bank of Israel's CBDC project alongside giants like PayPal and Fireblocks! This is a major milestone for COTI as it positions itself as a leader in the CBDC market! 🌟 As the only blockchain network selected to take part, COTI’s privacy-focused L2 blockchain offers advanced features to hold and securely transact with CBDCs. As more Central Banks look to adopt CBDCs, we will be well positioned to meet the growing need for credible and scalable blockchain infrastructure, and establish ourselves as a leader in the CBDC marketplace.

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