COTI Review – The Currency of The Internet

COTI, the name coming from the slogan “Currency of the Internet” is a pioneering layer 1 enterprise that has developed worldleading digital infrastructure for payments and enterprise tokens

COTI was founded in 2018, by Shahaf BarGeffen, Dr. Nir Haloani, and Dr. Alon Elmaliah.

Its protocol is based on a DAG (Directed Acyclic Graph) which provides scalability and instant settlement while also being secure. It also features a multiaddress privacy module and a unique consensus algorithm called ProofofTrust (PoT) that encourages good network behavior, resulting in lower fees and improved service quality.

Transactions on the COTI platform do not require mining, making it ecofriendly. Furthermore, its MultiDAG technology is the firstever DAG structure that allows token issuance on top of DAG technology.

COTI is Regulation Ready, a fundamental requirement for enterprises entering web3. It has conducted KYC/AML checks on all COTI coin holders since its inception, showing its commitment to being a responsible actor.

It also offers a turnkey solution for enterprises, including custom branded tokens, wallets, website integration, fiat on and off ramps, processing gateways, Debit cards and bank accounts. All of these services are developed inhouse, making COTI an allinone company.

The goal of COTI is to provide a global payment infrastructure for digital currency payments, with faster and lower fees than traditional payment networks. The platform is designed to enable businesses to create their own custom payment networks, and to provide endusers with a secure and convenient payment experience.

To summarize, we would like to addd that investing in any asset carries a certain level of risk, and COTI is no exception. It is important to evaluate the pros and cons of any investment opportunity before making a decision.

Pros:

COTI is a payment network that uses a consensusbased Trustchain algorithm to facilitate transactions and create a secure and fast payments system.

The network is backed by a reserve fund and has a builtin dispute resolution system to protect users.

COTI is supported by a strong team of developers and advisors.

 

Cons:

COTI, although launched in 2018, is still a relatively new project and is still in its early stages, so there is a risk that the technology may not be as successful as expected.

The COTI token is not yet listed on any major exchanges, which means that it can be difficult to buy and sell.

The COTI network is not yet widely adopted, which means that it may take some time for the technology to become mainstream.

Conclusion: Unlike most of other altcoins, and memes, that offer no utility, COTI is quite different, and with the market struggling in a bear, it’s definitely worth it for people to check out on COTI, do their own research, and consider getting a small bag. NFA

Website:

https://coti.io/

Twitter:

https://twitter.com/COTInetwork

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