Everything about COTI (COTI) cryptocurrency :
COTI
COTI (Currency Of The Internet) achieves high transaction throughput and low fees, while being easy to manage and providing decentralised structures for the services users have come to expect from payment platforms, such as dispute resolution.
1. Project introduction
COTI (Currency Of The Internet) achieves high transaction throughput and low fees, while being easy to manage and providing decentralised structures for the services users have come to expect from payment platforms, such as dispute resolution.
COTI achieves a high transaction throughput by employing a Directed Acyclic Graph (DAG) of transactions known as the Cluster, as opposed to a blockchain. Typically, DAG based cryptocurrencies have been intended for large numbers of low valued transactions, possibly between machines such as IoT devices. Because COTI is designed to support day-to-day transactions between merchants and consumers, new algorithms have been introduced to drive the formation of the Cluster, and the approval of transactions. Fundamental to the new approach is the Trust Score, which is assigned to each user account based on its historical behavior, and which governs the approval of that account’s transactions within the network as well as the amount of any possible fees incurred.
2. Team introduction
CEO: Shahaf Bar-Geffen
Linkedin: https://www.linkedin.com/in/shahafbg/
CTO: Nir Haloani
Linkedin: https://www.linkedin.com/in/nir-haloani-324876/
3. Application
Total supply: 2 billion
COTI introduces a high-performance cryptocurrency built atop the base layer protocol. This cryptocurrency will be used as a common means of payment, including all fees and staking inside the COTI ecosystem.
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