We’re happy to present a new article series delving into the use cases of COTI V2's comprehensive confidentiality solution!
First up: How COTI V2 Revolutionizes Digital Identity Solutions. 👤

The evolution of Digital Identity has been gradual but steady. While KYC helped reduce fraud, it required businesses to be custodians of customer documents and for customers to undergo this process multiple times.

Even though ZK aims to solve this with DID (decentralized identity), it has limitations in terms of calculations and data sharing.
COTI V2 allows the evolution of DID to Dynamic DID and facilitates secure data sharing and calculations without compromising confidentiality. This enables dApps to interact with digital identities and query complex insights without accessing sensitive data.

Excitingly, we’ve already secured our first strategic partner for Dynamic DID!

Read more: https://medium.com/@cotinetwork/revolutionizing-digital-identity-solutions-with-coti-v2-25e7805d0f18
💫The COTI V2 Airdrop is NOW live! 💫
In our biggest giveaway to date, we are offering both Native and ERC-20 $COTI holders a chance to share in 40M $COTI V2 tokens (valued at ~$8M) on top of their regular APY rewards. There’s even an extra bonus for COTI holders who already had deposits in the Treasury!
Find out all the details, and how you can get involved: https://medium.com/@cotinetwork/the-coti-v2-airdrop-is-now-live-442df163b10f
We are excited to announce our partnership with Civic!
Civic is a leading provider of identity management tools for web3. Civic will use COTI V2’s solution for dynamic decentralized identity to ensure full data protection and confidentiality for its users.
We look forward to integrating Civic with COTI V2 across all phases: Devnet, Testnet, and Mainnet.

Read here the full announcement: https://medium.com/@cotinetwork/announcing-first-design-partner-for-coti-v2-dynamic-did-solution-civic-489115a6fe9e

This is just the beginning of many planned collaborations for COTI V2.

Stay COTI!
March has been a jam-packed month full of exciting announcements, updates and a special partnership. We’ve gathered all of them in this COTI Roundup Blog for you to stay updated on everything that’s happened.

👉https://medium.com/@cotinetwork/coti-roundup-52ad45b664c5
The COTI V2 white paper is here!
Your guide to the fastest and lightest confidentiality L2 on Ethereum, this white paper describes the revolutionary breakthrough in blockchain encryption and our innovative implementation of decentralized sequencers.

COTI V2 introduces a novel approach that ensures high network performance without sacrificing user confidentiality by utilizing a unique combination of well-established privacy-preserving technologies, with the main ingredient being a Garbling Protocol.

We also present a novel concept to our L2 design: Decentralized Sequencers that help distinguish COTI V2 from other Layer 2 solutions reliant on centralized sequencing mechanisms.

Coming next: COTI’s Developer Network!

Read the thread: https://twitter.com/COTInetwork/status/1775139141900189887

Read the full white paper: https://coti.io/files/coti_v2_whitepaper.pdf
We’re happy to invite you to the COTI V2 White Paper AMA with COTI's team, where we'll answer both pre-submitted and live questions regarding the white paper. The AMA will take place on April 10th, 7:30am UTC. Location will be shared soon.

Ask away: https://docs.google.com/forms/d/e/1FAIpQLScJ0DXtMx57NEN2XSQ21qFG36MFYPW3ifBWWk4zVfxpSeBaMw/viewform
COTI updates by Shahaf Bar-Geffen, COTI's CEO
COTI's CEO, Shahaf Bar-Geffen, shares recent updates regarding COTI V2 including the white paper release, airdrop campaign and first design partner, as well as upcoming events he will be attending.

Watch here: https://www.youtube.com/watch?v=ioeD5fCjJmk
Following MEXC's recent announcement, we're happy to share that $gCOTI will be listed on MEXC on April 9, 11am UTC!

Also, we are happy to announce that as of later today, $COTI ERC20 deposits will benefit from the $gCOTI APY Boost feature in COTI's Treasury, similar to the benefits Native depositors have been enjoying so far.

Read more: https://medium.com/@cotinetwork/gcoti-will-be-listed-on-mexc-0856dfe9af90
👉 https://www.mexc.com/support/articles/17827791514922
Following our announcement yesterday, we are happy to share that the $gCOTI APY Boost feature in COTI's Treasury is now enabled for $COTI ERC20 deposits!

Check it out: https://treasury.coti.io/
Learn how to boost your APY: https://medium.com/@cotinetwork/new-apy-boost-of-1600-is-now-enabled-0104752ee05d
A quick reminder to join us tomorrow for the COTI V2 white paper AMA! 💫

📅 Tomorrow at 7:30 am UTC
📍 https://www.tg-me.com/COTInetwork
If you didn't get a chance to join our COTI V2 White Paper AMA hosted on the COTI Telegram Group today, you can find the recap here:
https://medium.com/@cotinetwork/coti-v2-white-paper-ama-recap-faf6b8c2de09
COTI’s CEO, Shahaf Bar-Geffen was invited to participate in a panel at the Paris Blockchain Week.

Joined by leaders in the on-chain privacy space, the panel discussed secure horizons, exploring the frontiers of privacy solutions in blockchain.
🗣 Bridge Update:
We are pleased to share that the daily individual cap has been increased from 10,000 to 25,000 $COTI, effective immediately, until further notice.

Please make sure to verify whether the bridge is open by visiting bridge.coti.io
We remind you that using the bridge while it is closed or attempting to swap more than the authorized limit will result in stuck transactions, which may take a few days to be refunded.
Privacy is a recognized and protected human right.
Within privacy exist two similar, but slightly different concepts: Anonymity and Confidentiality.

Read our new article about anonymity and confidentiality in Web3:
https://medium.com/@cotinetwork/navigating-privacy-understanding-anonymity-and-confidentiality-in-web3-7aa257bea878
COTI’s CEO, Shahaf Bar-Geffen, will be attending the TDe_Fi & Crypto VC Dinner in Dubai today, to discuss amplifying the impact of WEB3, along with thought leaders such as Anthony Scaramucci from Sky Bridge, Ronit Ghose from Citi, and more!

Get all the event details here: https://twitter.com/TDe_Fi/status/1779862990445047859
Watch Shahaf Bar-Geffen’s interview with Web3TV during Paris Blockchain Week, where he explains why privacy is the next big thing, and how COTI V2's innovative solution will keep sensitive information confidential while maintaining transparency.

Check it out: https://www.youtube.com/watch?v=kOErKlm5Ops
We're happy to share some photos from the Infra and DeFi event hosted by Morningstar Ventures, where Shahaf Bar-Geffen was invited to speak.

Joined by over 10 company founders, the panel discussed Scaling the Future with Layer-2 Solutions.
As we're getting closer to the Devnet release scheduled for Q2, we're pleased to share some updates, along with an introduction to our new Community Developers Leaders.

Check out the latest news as well as April's roundup: https://medium.com/@cotinetwork/coti-updates-april-roundup-devnet-progress-and-community-developers-leaders-announcement-1bdb86ac0a2d
2024/05/06 11:30:01
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