Overview
COTI, an acronym for “Currency of the Internet,” is a blockchain-based payment solution designed to address inefficiencies in traditional financial systems. Utilizing a unique infrastructure based on a directed acyclic graph (DAG), COTI enables high transaction throughput, scalability, and cost efficiency. The system supports up to 100,000 transactions per second, significantly exceeding the capacity of many existing blockchain platforms. Its architecture reduces latency and eliminates the need for miners, resulting in lower transaction costs and energy consumption.
Core Technology
The backbone of COTI’s network is the Trustchain algorithm, which validates transactions based on trust scores derived from participants’ behavior. This system enhances both security and efficiency, as it incentivizes honest participation while expediting transaction processing. COTI’s ledger operates on a DAG structure, allowing multiple transactions to be processed simultaneously, further contributing to the platform’s scalability.
In 2024, COTI began transitioning to an Ethereum
