Dynamic

COTI

Foundation

<h4>COTI V2 allows developers to get creative with Web3 apps while maintaining privacy practices.</h4> 
With the recent launch, <a href="https://coti.io/" target="_blank" rel="noopener">COTI</a> also announced a grant program to the public. The COTI V2 grant allows developers to explore this new technology. Here’s the main deal: The grant will cost 400 million $COTI tokens. The COTI Foundation set aside that price for the grant to promote the rapid growth of Web3 platforms. 
Shahaf Bar-Geffen, COTI’s CEO, says, ‘We’re opening doors to the world with the COTI V2 Developer Network.’ He continues, ‘We have invited different teams to build and grow with us. 2024 will be an exciting year for us; we will welcome new partnerships and Developments at COTI.’ 
<h5>COTI V2 Developer Network: Fixing the Issue of Privacy for Developers</h5> 
Blockchain developers face a lot of challenges in creating high-security <a href="https://www.altcoinbuzz.io/?s=web3" target="_blank" rel="noopener">Web3</a>-based applications. The COTI developer network has new privacy features that can fix the security issue in Web3-based applications. With COTI’s new privacy features, Developers can build Web3 applications that are secure with user data. 
The tools COTI V2 Developer Network provides to solve the issue of privacy and security are: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Server access.</li> 
 <li style="font-weight: 400;" aria-level="1">NodeJS and Python SDKs.</li> 
 <li style="font-weight: 400;" aria-level="1">A Faucet for reducing gas costs for your on-chain operations.</li> 
 <li style="font-weight: 400;" aria-level="1">Extensive Documentation.</li> 
 <li style="font-weight: 400;" aria-level="1">An explorer for on-chain analytics.</li> 
</ul> 
COTI V2 allows developers to run fast experiments with new smart contracts in an <a href="https://www.altcoinbuzz.io/?s=evm" target="_blank" rel="noopener">EVM</a>. The EVM is easy to use with any Solidity programming language. 
<img decoding="async" class="wp-image-141231 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/dsfsdfhk-259x300.jpg" alt="" width="436" height="505" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/dsfsdfhk-259x300.jpg 259w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/dsfsdfhk-363x420.jpg 363w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/dsfsdfhk.jpg 395w" sizes="(max-width: 436px) 100vw, 436px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/COTInetwork/status/1792904506058965380?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">X</a></h6> 
<h5>About the 400 Million $COTI Grant</h5> 
The COTI Foundation allocates 400 million <a href="https://www.coingecko.com/en/coins/coti" target="_blank" rel="noopener">$COTI</a> to support developers in testing the new COTI version to see its limits and potential. You will know how good a platform is when you stretch it to its limit. The 400 million $COTI fund will also reduce the time it usually takes to explore the use cases of COTI V2 and introduce new teams to the platform. 
One of COTI’s partners, <a href="https://www.civic.com/" target="_blank" rel="noopener">Civic</a>, is already utilizing COTI V2 for its Dynamic Decentralized Identity (DyDID). You know, COTI V2 is about safeguarding user security and privacy. Civic is smart enough to try it out on its DyDID. COTI V2 is looking forward to partnering with platforms with use cases such as: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Confidential DeFi.</li> 
 <li style="font-weight: 400;" aria-level="1">Secure Transactions for payments, Stablecoins, and Real-world assets.</li> 
 <li style="font-weight: 400;" aria-level="1">On-chain sensitive data management.</li> 
 <li style="font-weight: 400;" aria-level="1">Confidential Machine Learning and AI.</li> 
 <li style="font-weight: 400;" aria-level="1">Dynamic Decentralized Identification.</li> 
</ul> 
<img decoding="async" class="wp-image-141233 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/fdgfdhtjuk-239x300.jpg" alt="" width="501" height="629" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/05/fdgfdhtjuk-239x300.jpg 239w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/fdgfdhtjuk-335x420.jpg 335w, https://www.altcoinbuzz.io/wp-content/uploads/2024/05/fdgfdhtjuk.jpg 395w" sizes="(max-width: 501px) 100vw, 501px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/COTInetwork/status/1792904518507622749" target="_blank" rel="noopener">X</a></h6> 
To sum up, COTI’s V2 sets developers on a safe path to building secure and anonymous Web3 applications. 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a> 
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<h6>Disclaimer</h6> 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/coti-v2-dev-network-launches-high-speed-blockchain-privacy/">COTI V2 Dev Network Launches: High-Speed Blockchain Privacy</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

COTI V2 Dev Network Launches: High-Speed Blockchain Privacy

Altcoin Buzz

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