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Crypto Confidentiality Network COTI Launches Layer-2 Testnet with Strong Industry Backing
Cryptocurrency confidentiality protocol COTI has officially launched its developer network on the testnet, attracting support from various projects across the industry, including the artificial intelligence (AI) and decentralized finance (DeFi) ecosystems.
According to a press release shared with Coinspeaker, notable partners such as MyEtherWallet (MEW), L2BEAT, Soda Labs, and Poolz Finance have pledged their backing for the testnet. These partners are also expected to support the mainnet launch, scheduled for 2025.
Privacy-Centric Network Powered by Garbled Circuits
COTI’s privacy-centric network is built on the Ethereum blockchain and leverages its smart contract functionality to establish its own native Layer-2 (L2). This network, powered by the breakthrough cryptographic protocol Garbled Circuits, aims to provide developers with a secure environment to build decent
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