### What is COTI?

COTI, which stands for "Currency of the Internet," is a fintech platform designed for scalability and speed, built to enable seamless cross-chain operations and support for decentralised payments. It leverages a directed acyclic graph (DAG) structure and a unique Proof of Trust consensus algorithm to facilitate these processes.

### How does COTI work?

COTI operates on a sophisticated architecture that incorporates:
- **DAG Infrastructure**: Utilises DAG to provide high transaction throughput and scalability, allowing over 100,000 transactions per second.
- **Proof of Trust**: A novel consensus combining Trustchain (a machine-learning-based algorithm assessing network trustworthiness) and Proof of Work features without traditional mining, providing a more efficient system.
- **MultiDAG**: Supports multiple DAGs for enhanced flexibility and different payment solutions.
- **Trustchain**: Utilises a trust score system to manage transaction integrity and node operations.

### What are the potential use cases for COTI?

COTI has various applications, including:
- **Payment Networks**: Ideal for creating decentralised payment ecosystems and branded stablecoins.
- **Real Asset Management**: Tokenisation and trade of real-world assets.
- **Decentralised Exchanges (DEXs)**: Providing privacy and reducing risks from transaction adversities.
- **AI, Gaming, and Social Media**: Enhancing privacy and scalability in these domains.

### What is the history of COTI?

COTI was founded in 2016 by Samuel Falkon and David Assaraf, with Shahaf Bar-Geffen later joining as CEO. The project initially began with a focus on Ethereum blockchain scalability but soon evolved into developing its own DAG-based system. Notably, the Trustchain protocol launched in 2018, followed by the Testnet in 2019, and a successful Initial Exchange Offering the same year. COTI continues to innovate with plans like the COTI Bridge for cross-chain interoperability and the upcoming privacy-centric COTI V2 on Ethereum's Layer-2.

COTI

Telcoin

eCash

Celo

DigiByte

Pundi X

Alchemy Pay

NANO

Request

xMoney

Pluton

WXT Token

COTI (COTI)

Similar Coins

TEL

XEC

AMP

CELO

DGB

PUNDIX

ACH

XNO

REQ

UTK

PLU

WXT

Resources

COTI (COTI) Price Index

COTI Price

Trading volume

Market cap

Resources