COTI Group

As we're getting closer to the Devnet release scheduled for Q2, we're pleased to share some updates, along with an introduction to our new Community Developers Leaders. Check out the latest news as well as April's roundup: https://lnkd.in/dAY9k7d3

Privacy is a recognized and protected human right.  Within privacy exist two similar, but slightly different concepts: Anonymity and Confidentiality. Read our new article about anonymity and confidentiality in Web3: https://lnkd.in/e_P88N5X

The COTI V2 white paper is here!  Your guide to the fastest and lightest confidentiality L2 on Ethereum, this white paper describes the revolutionary breakthrough in blockchain encryption and our innovative implementation of decentralized sequencers. COTI V2 introduces a novel approach that ensures high network performance without sacrificing user confidentiality by utilizing a unique combination of well-established privacy-preserving technologies, with the main ingredient being a Garbling Protocol. We also present a novel concept to our L2 design: Decentralized Sequencers that help distinguish COTI V2 from other Layer 2 solutions reliant on centralized sequencing mechanisms. Coming next: COTI’s Developer Network! Read the thread: https://lnkd.in/dc4fenRX Read the full white paper: https://lnkd.in/d3-Z_Wbe

We are excited to announce our partnership with Civic! Civic is a leading provider of identity management tools for web3. Civic will use COTI V2’s solution for dynamic decentralized identity to ensure full data protection and confidentiality for its users. We look forward to integrating Civic with COTI V2 across all phases: Devnet, Testnet, and Mainnet. Read here the full announcement: https://lnkd.in/d4x3YGJ8 This is just the beginning of many planned collaborations for COTI V2. Stay COTI!

We’re happy to present a new article series delving into the use cases of COTI V2's comprehensive confidentiality solution!  First up: How COTI V2 Revolutionizes Digital Identity Solutions. The evolution of Digital Identity has been gradual but steady. While KYC helped reduce fraud, it required businesses to be custodians of customer documents and for customers to undergo this process multiple times. Even though ZK aims to solve this with DID (decentralized identity), it has limitations in terms of calculations and data sharing.  COTI V2 allows the evolution of DID to Dynamic DID and facilitates secure data sharing and calculations without compromising confidentiality. This enables dApps to interact with digital identities and query complex insights without accessing sensitive data. Excitingly, we’ve already secured our first strategic partner for Dynamic DID! Read more: https://lnkd.in/dZTpgig4

We are happy to announce our upcoming Devnet and key target use cases for the growth fund! The Devnet and upcoming grant program empower developers to experiment and build with COTI V2, fostering the growth of the COTI ecosystem. Read all about it: https://lnkd.in/dTU9-8Di

We've achieved a breakthrough in blockchain encryption to be used on the blockchain for the very first time!  This innovation promises to revolutionize privacy and security in the blockchain space. In the video below, we demonstrate garbling circuits on the blockchain for the first time ever! Watch the Demo: https://lnkd.in/dXeWm54X More info can be found here: https://lnkd.in/dsXiYysf Next stop: White paper, planned for the coming weeks.  Next-next stop: Developer Network, where you could explore your creativity by developing encrypted smart contracts. Stay tuned and Stay COTI!

Thank you to everyone who applied to be a judge on the gCOTI Community Campaign. But there can be only one winner, which we’ve drawn randomly. Welcome on board Mikael_D! He’s been a testnet node operator since November and a longtime COTI supporter!

There’s only a few hours left to apply to be a judge for the gCOTI Community Campaign! The 12th panel spot is open to anyone who is passionate about COTI and will be randomly selected on the 21st of June.  Apply Here: https://lnkd.in/dsZaD6ZE