COTI Foundation has officially launched its developer network, marking the introduction of advanced garbled protocols in the development of smart contract blockchains.
According to the official announcement, COTI’s V2 Devnet will set the stage for a wide range of privacy-focused use cases in the Web3 realm. This Ethereum Layer 2 chain is designed to facilitate blockchain-native functions such as data sharing, verification, and multiparty (MPC) computation without compromising the data privacy of its ecosystem participants.
Notably, the Devnet launch also coincides with a grant program that COTI recently launched to inspire privacy-centric DApp development powered by its garbling protocol solution. A total of 400 million $COTI tokens have been set aside for this initiative to incentivize developers and other innovators to experiment with COTI’s V2 Devnet.
Commenting on the milestone, COTI’s CEO Shahaf Bar-Geffen noted that the official Devnet launch alongside the gran
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