The COTI Foundation will utilize a $100 million development fund to drive a series of key use cases, distributed in the form of COTI tokens
The COTI Foundation announced that it will utilize a $100 million development fund, distributed in the form of COTI tokens, to focus on driving a series of key use cases.
The fund will primarily concentrate on data security applications built through Multi-Party Computation (MPC) and will support developers in exploring and building data security applications that were previously unattainable.
The first successful demonstration of garbled circuits on-chain in the COTI V2 ecosystem will provide transaction confidentiality for Ethereum, 250 times lighter and 1000 times faster than other market privacy solutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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