The COTI Foundation will utilize a $100 million development fund to drive a series of key use cases, distributed in the form of COTI tokens
The COTI Foundation announced that it will utilize a $100 million development fund, distributed in the form of COTI tokens, to focus on driving a series of key use cases.
The fund will primarily concentrate on data security applications built through Multi-Party Computation (MPC) and will support developers in exploring and building data security applications that were previously unattainable.
The first successful demonstration of garbled circuits on-chain in the COTI V2 ecosystem will provide transaction confidentiality for Ethereum, 250 times lighter and 1000 times faster than other market privacy solutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
About 113 BTC and 732 ETH flowed from Gemini hot wallet address to VanEck
RookieXBT associated address bought 2.73 million FARTCOIN in the past 48 hours
Layer 1 tokens generally rose, ADA rose by more than 25% in 24 hours
VanEck: Three key indicators show that Bitcoin may have further room to rise
Trending news
MoreCrypto prices
More
