COTI Launches Layer 2 Mainnet with 3,000% Faster Privacy Solutions

COTI has launched its Layer 2 mainnet, marking a significant advancement in blockchain infrastructure by introducing Privacy-on-Demand for businesses and consumers. This technology is designed to be fully interoperable with other blockchains, addressing key adoption challenges for corporations and institutions seeking privacy, speed, and regulatory compliance.

The Layer 2 mainnet, developed over two years, utilizes advanced cryptographic algorithms to enable secure, fast, and compliant transactions. This innovation tackles one of the major hurdles in blockchain technology—privacy limitations. By overcoming this issue, COTI has positioned itself as a leader in developing confidential Web3 solutions.

Garbled Circuits, a cutting-edge cryptographic protocol developed in collaboration with Soda Labs, secures COTI’s Layer 2 network. This protocol allows for private computations without revealing underlying data, ensuring confidentiality efficiently. Unlike existing privacy solutions that may compromise speed, COTI’s solution is up to 3,000 times faster, making it an ideal choice for businesses and institutions that require both speed and privacy.

COTI’s cross-interoperability with major blockchain networks offers real-time privacy solutions applicable across various sectors, including finance, AI, decentralized applications, and identity management. The privacy layer ensures secure transactions that are fully compliant with regulations.

One of the primary barriers to widespread institutional adoption of blockchain technology is the lack of privacy options that comply with regulations. Many companies, especially those dealing with Real World Assets (RWAs), have been reluctant to adopt blockchain technology due to concerns about confidentiality and compliance with information regulations.

COTI’s Layer 2 network addresses this gap by balancing regulation with privacy, allowing enterprises to protect sensitive information such as identity data, intellectual property, and financial information without compromising compliance. This new technology makes blockchain more suitable for mass-market institutions and businesses, enabling them to access decentralized networks securely.

The COTI mainnet release has already seen significant adoption by top Web3 applications, including Band Protocol, MyEtherWallet (MEW), Bancor, and PriveX. These companies are integrating COTI’s privacy layer, with more expected to follow shortly.

In addition to its Web3 platform, COTI is involved in central banking and government initiatives. The company is currently working on Israel’s Digital Shekel pilot, demonstrating the feasibility of its privacy technology for central bank digital currencies (CBDCs). With growing interest in government-backed digital money, COTI’s role in this space is becoming increasingly important, positioning it to play a substantial role in shaping the future of blockchain-based financial systems.

As part of its efforts to drive mass adoption of its Layer 2 network, the COTI Foundation is distributing 100 $COTI tokens to tens of thousands of wallets. Adopters of COTI’s Layer 2 network into MetaMask are eligible to receive their tokens in this launch campaign.

The mainnet release includes a new Explorer and Bridge, ensuring a smooth migration from COTI V1 to V2 for users. These tools simplify the migration process, providing a hassle-free upgrade for existing users and an onboarding facility for new users to the COTI ecosystem.

With its privacy-focused high-speed architecture, COTI’s Layer 2 mainnet sets a new standard for confidentiality in the blockchain industry. By integrating privacy into its architecture rather than treating it as a constraint, COTI is opening new possibilities in decentralized finance, artificial intelligence, and security. It is also driving advancements in identity management and digital assets.

As Web3 continues to grow, privacy will be a central focus when mass adoption occurs. COTI’s revolutionary Privacy-on-Demand technology ensures that businesses and consumers can leverage the power of blockchain without sacrificing compliance or security. Backed by strong institutional capital, strategic partnerships, and advanced cryptographic developments, COTI is leading the way in the transition to the next generation of private and scalable Web3 solutions.