In just 4 days, the increase is nearly 3 times. Can COTI, which has launched a new technological solution, really make the speed of privacy computing increase by a thousand times?

Recently, the price of COTI has experienced a significant surge, rising from around $0.093 on February 22 to about $0.27 on the 26th, nearly tripling in just four days.

The reason for this surge is the launch of COTI's "Garbled Circuits" privacy technology, which is said to significantly increase on-chain computation speed by up to 1000 times compared to traditional cryptographic techniques, while also enhancing the transparency of on-chain data processing, igniting investor enthusiasm.

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

What does COTI V2 mean for privacy protection technology? How does the MPC protocol function within the COTI project itself?

In the blockchain space, balancing privacy and transparency is crucial. COTI, as a Web3 infrastructure development company, has extensive experience in the research and application of Ethereum Layer 2 network technology. Compared to zero-knowledge proofs, the recently launched Garbled Circuits technology is a more efficient privacy protection solution.

COTI positions itself as the first enterprise-grade fintech platform, enabling organizations to build their own payment solutions and digitize any currency to save time and money. With the development of COTI V2, its groundbreaking advancements in blockchain privacy computing mark the arrival of a new era. By successfully designing and integrating the Multi-Party Computation (MPC) protocol, COTI V2 not only achieves a significant technological leap but also sets new standards for protecting user privacy and data security.

The successful integration of the MPC protocol is one of the key milestones in the COTI V2 project. By allowing multiple parties to compute collaboratively without revealing their private information, MPC technology opens a new window, providing a practical solution for privacy-preserving computation. This is particularly important in the current digital age, where privacy protection and data security are global concerns.

In the COTI V2 project, the design and implementation of the MPC endpoints reflect in-depth research and application of privacy protection technology. By integrating MPC endpoints into the extended Ethereum Virtual Machine (EVM), COTI V2 ensures the privacy and security of user data while maintaining computational transparency and efficiency.

The combination of MPC endpoints and the extended EVM in the COTI V2 project not only showcases technological innovation but also demonstrates a strong commitment to user privacy. This integration enhances the functionality of the Ethereum platform, enabling it to support a broader range of decentralized applications (DApps) while providing users with unprecedented privacy protection.

Through this innovative architecture, COTI V2 provides a solid foundation for developing complex and privacy-preserving blockchain applications, thereby opening new application scenarios for Ethereum and similar blockchain platforms. This not only enhances the application potential of blockchain technology but also offers users a more secure and private digital experience.

By delving into the working mechanism of MPC endpoints, we can better understand the advancements of COTI V2 in privacy-preserving computation. The design of MPC endpoints aims to ensure data security and privacy protection during the computation process by encrypting data and performing secure computation operations when necessary, safeguarding the confidentiality of user data.

Through these technological innovations, COTI V2 not only promotes the development of blockchain technology 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 towards higher standards of privacy protection and data security.

Computation speed is 1000 times faster, with enhanced security and stability: What other performance advantages does Garbled Circuits technology offer?

As blockchain technology continues to evolve, privacy protection has become an increasingly important topic. In this context, COTI V2's cutting-edge Garbled Circuits technology presents significant performance advantages that distinguish it from other privacy-preserving smart contract solutions. By analyzing in depth, we can better understand the innovations of COTI V2 in the field of secure multi-party computation (MPC) and its advantages over other solutions.

Garbled Circuits (GC) technology has garnered attention since its inception due to its low latency and low storage requirements. Traditionally overlooked in blockchain applications due to inefficient communication at the computation layer, recent technological breakthroughs have turned this challenge into an opportunity, making Garbled Circuits a viable choice for blockchain privacy solutions for the first time. Notably, COTI V2 has significantly accelerated computation time by reducing real-time round-trip communication, lowering latency by up to 100 times, thus setting a new standard in privacy protection technology.

In multi-party applications, COTI V2's Garbled Circuits support multiple entities to conduct complex transactions without revealing their respective information, a feat that other solutions, such as ZK rollups, struggle to achieve. While ZK rollups can protect one party's information to some extent, they fall short in scenarios requiring multi-party collaboration. In contrast, COTI V2 can support a wider range of applications while maintaining privacy, providing new solutions for confidential voting systems and privacy-focused DEXs.

In terms of computational complexity, COTI V2's Garbled Circuits demonstrate lower computational requirements, achieving speeds up to 1000 times faster compared to schemes based on additive or fully homomorphic encryption (AHE/FHE). This is particularly important for clients, as it means that even on low-power devices, user experience will not be compromised.

Regarding storage requirements, COTI V2 also shows its superiority. Compared to FHE schemes, which require thousands of bytes of storage space for each ciphertext, COTI V2's Garbled Circuits only require 32 bytes per ciphertext, significantly reducing storage needs.

Additionally, COTI V2 exhibits advantages in redundancy and system resilience. Unlike TEE-based solutions, COTI V2 avoids the risk of single points of failure, providing users with higher security and stability.

Overall, COTI V2's Garbled Circuits technology demonstrates significant advantages across multiple dimensions, including latency, multi-party applications, computational complexity, storage requirements, and system resilience, setting a new standard for the development of blockchain privacy protection technology. With the release of the COTI V2 white paper, we look forward to further discussions and applications of this innovative technology within and outside the industry.

Can the gCOTI reward mechanism enable the COTI project to rapidly achieve user scale and a surge in total market value?

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

The latest update from COTI Treasury introduces gCOTI as an additional reward, aimed at incentivizing users who choose to deposit funds into the $COTI Treasury. As the governance token of COTI Treasury, gCOTI plays a role in governance decisions and can significantly enhance the base annual percentage yield (APY) of user deposits, with a maximum of up to 1600%. This innovative reward mechanism marks a solid step forward for COTI Treasury in enhancing user asset value and strengthening 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 that require users to actively claim, gCOTI rewards are automatically distributed to users' wallets every week, eliminating the complex claiming process. Additionally, users can easily view the total amount of gCOTI rewards earned so far and the upcoming distribution amounts through the tooltips on the Treasury page. This direct and automated reward distribution method not only increases user convenience but also enhances the overall transparency of the reward system.

The COTI project further illustrates the potential for increased user earnings through two hypothetical scenarios involving gCOTI rewards:

Scenario 1: Bob deposits 1,000 $COTI with a base APY of 5%, without using gCOTI to boost APY. Each week, he earns rewards of 0.48 $COTI and 0.96 gCOTI, demonstrating that even without additional investment, he can still earn returns.

Scenario 2: Jenny deposits 1,000 $COTI and uses 100 gCOTI to increase her APY to 23%, showcasing the potential for significantly enhanced earnings through strategic investment increases. She can earn an additional 2.21 $COTI and 4.42 gCOTI in rewards each week.

These scenarios reveal how the gCOTI reward mechanism of COTI Treasury provides new opportunities for different types of users to grow their earnings. As COTI Treasury continues to develop, including the long-awaited $COTI ERC20 deposits, community members can look forward to more updates and improvements.

COTI project has been making significant moves recently, but whether it can successfully build a secure and efficient privacy payment financial platform remains uncertain.

Recently, COTI has demonstrated its commitment to strengthening its ecosystem and advancing privacy protection. By announcing a grant of $25 million worth of 400 million COTI tokens to support privacy-centric projects, COTI not only deepens its investment in the future development of blockchain technology but also emphasizes its focus 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 aimed at optimizing user experience and reducing transaction costs.

The first batch of teams funded by the COTI Foundation, Soda Labs, has proven COTI's commitment to driving technological innovation and privacy protection through its innovative work in the field of secure multi-party computation (MPC). Furthermore, the progress made in the development of COTI V2, particularly the successful design and integration of the MPC protocol, indicates that the COTI ecosystem will become more robust and diverse.

Looking ahead, these steps by COTI not only solidify the foundation of its digital payment platform but also showcase 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 payment ecosystem for the digital economy. As the technology matures further and more projects participate, COTI is expected to continue playing a leading role in the cryptocurrency and blockchain space, driving industry development.