Confidential Layer 2 project COTI launched its testnet with the support of ecosystem partners from various sectors. This includes companies like MyEtherWallet (MEW) and AnChain.
COTI Testnet Launch
COTI, which provides privacy solutions for web3, has announced the launch of its testnet. This move has drawn support from partners such as MyEtherWallet (MEW) and AnChain. COTI's private EVM network is attracting interest from participants in various sectors, including DeFi, AI, Security, and NFTs.
Partnerships and Support
COTI’s partnerships span a wide range of blockchain sectors. The privacy chain has attracted attention from representatives of DeFi, AI, Security, and Compliance, as well as NFTs and real-world assets. This highlights the importance of privacy in the evolution of blockchain technology.
New Opportunities for Developers
With the testnet launch, developers can explore the capabilities of the network and the Garbled Circuits technology developed by COTI in collaboration with Soda Labs. These technologies allow for collaborative calculations over private inputs without revealing those inputs. COTI also published testing results, demonstrating that its solutions are significantly faster and lighter than existing alternatives.
The COTI testnet launch provides developers with new opportunities to integrate private solutions into their applications. This is expected to lead to innovations in areas such as privacy, data confidentiality, and DeFi.
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