COTI Launches Mainnet with Innovative Privacy Solutions
COTI, a trailblazer in Web3 privacy solutions, has officially unveiled its mainnet on March 26, 2025. This launch introduces a new Layer 2 network specifically designed to provide Privacy-on-Demand for decentralized applications and institutional users. This significant advancement highlights COTI’s dedication to improving privacy and compliance within the cryptocurrency sector, marking a notable step forward in the development of blockchain technology.
Advanced Technology Propels COTI’s Mainnet
After over two years of rigorous research and development, COTI’s mainnet is set to establish itself as a key player in the world of confidential blockchain infrastructure. The newly introduced Layer 2 network employs a sophisticated cryptographic method known as Garbled Circuits, which was developed in partnership with Soda Labs. This groundbreaking technology facilitates private computation and can achieve speeds that are up to 3,000 times faster than current privacy solutions, establishing a new benchmark for performance in the industry.
COTI’s Vision for Privacy in Web3
Shahaf Bar-Geffen, the CEO of COTI, underscored the essential role of privacy in shaping the future of Web3. He stated, “The future of Web3 can’t be built on transparency alone—it demands privacy that’s fast, flexible, and compliant.” His comments stress the vital interplay between privacy and compliance, particularly as various sectors increasingly aim to safeguard sensitive information while meeting regulatory standards.
Bridging the Gap for Institutional Adoption
COTI’s Layer 2 network directly tackles a critical obstacle that hinders the adoption of blockchain technology by enterprises and government entities: the lack of compliant privacy infrastructure. As industries such as Real World Assets (RWAs) and on-chain identity continue their expansion, the necessity for effective privacy solutions becomes more pressing. The platform is already attracting interest from significant players in the ecosystem, including Bancor, Band Protocol, MyEtherWallet (MEW), and PriveX, all of whom are in the process of integrating COTI’s privacy layer.
COTI’s Role in CBDC Developments
In addition to its privacy solutions, COTI is actively participating in national Central Bank Digital Currency (CBDC) initiatives, exemplified by the Digital Shekel pilot project in collaboration with the Bank of Israel. This involvement highlights COTI’s capability to shape the future of digital currencies and their broader acceptance.
Incentives for Users to Embrace New Network
To promote the adoption of its new Layer 2 network, the COTI Foundation is distributing 100 $COTI tokens to eligible users who incorporate the new network with their MetaMask wallets. This initiative is part of a broader strategy aimed at enhancing engagement and utilization of the platform. Furthermore, the mainnet launch includes a network explorer and bridge, which will assist existing users in transitioning smoothly from COTI V1 to V2.
Transforming Privacy into a Competitive Advantage
As COTI continues to broaden its presence in the blockchain landscape, its Layer 2 network is reshaping the perception of privacy from being a hurdle to becoming a competitive edge. This transformation not only improves the functionality of decentralized applications but also stimulates innovation and builds trust among users.
A New Era for Web3 Privacy
In conclusion, the launch of COTI’s mainnet marks a crucial milestone in the evolution of Web3 privacy. With its state-of-the-art technology and strategic collaborations, COTI is well-equipped to lead the way in delivering compliant and privacy-centric solutions that cater to the changing demands of businesses and consumers. The significance of this launch transcends technological progress; it signifies a fundamental change in how privacy is woven into blockchain infrastructure, paving the way for a more secure and scalable digital economy.
