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Cointelegraph
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Coti Launches $10M Rewards Program to Support V2 Token Rollout
Ethereum-based confidentiality layer Coit will distribute Coti v2 tokens worth $10 million via airdrop to the holders of its native Coti (COTI) token.
Coti v2 is a privacy-centric layer-2 protocol on Ethereum dedicated to safely transmitting sensitive data over the blockchain across Web3 applications.
The company announced an upcoming community rewards initiative, which involves airdropping 40 million Coti v2 tokens to its existing native and ERC-20 COTI holders.
According to the announcement shared with Cointelegraph, the Coti v2 airdrop campaign will commence on March 25. However, the distributions of the Coti v2 tokens will start in the last quarter of 2024, right after its token generation event.
In addition to the existing COTI tokenholders, the eligibility for airdrop rewards is also automatically extended to all treasury participants. Coti further noted that the airdrop is in addition to all annual percentage yield rewards for tokenholders. The announcement states:
“Users simply need to have a deposit in the Treasury to participate, but those who have made deposits before February 28, 2024, will receive an additional bonus as a show of the COTI team’s gratitude for their early support.”
Coti’s treasury had a total value locked of roughly $98.7 million at the time of writing. Rewards for each investor will be determined based on their depth of involvement in the ecosystem. The company positions the Coti v2 launch as the key to unlocking brand-new use cases for the Web3 economy through confidentiality.
The company also plans to extend rewards further by offering longer lock periods of 180, 270 and 360 days starting March 25.
Related: Starknet populated by airdrop hunters ahead of token launch: Report
January 2024 marked the start of the airdrop season as protocols cumulatively offered $700 million in token airdrops in just a week.
As Cointelegraph previously reported, the Ethereum scaling solution AltLayer, multilayer rollup deployer Dymension and the Solana-based decentralized exchange Jupiter were prominent protocols that offered rewards to their users.
Crypto users hunting for crypto token airdrops on X are advised to do extensive research on projects they intend to invest in. Additionally, investors must be on the lookout for accounts impersonating prominent crypto projects, often promising unrealistic returns on investment.
Magazine: South Africa’s digital-nomad crypto hub: Cape Town, Crypto City Guide
Coti v2 is a privacy-centric layer-2 protocol on Ethereum dedicated to safely transmitting sensitive data over the blockchain across Web3 applications.
The company announced an upcoming community rewards initiative, which involves airdropping 40 million Coti v2 tokens to its existing native and ERC-20 COTI holders.
According to the announcement shared with Cointelegraph, the Coti v2 airdrop campaign will commence on March 25. However, the distributions of the Coti v2 tokens will start in the last quarter of 2024, right after its token generation event.
In addition to the existing COTI tokenholders, the eligibility for airdrop rewards is also automatically extended to all treasury participants. Coti further noted that the airdrop is in addition to all annual percentage yield rewards for tokenholders. The announcement states:
“Users simply need to have a deposit in the Treasury to participate, but those who have made deposits before February 28, 2024, will receive an additional bonus as a show of the COTI team’s gratitude for their early support.”
Coti’s treasury had a total value locked of roughly $98.7 million at the time of writing. Rewards for each investor will be determined based on their depth of involvement in the ecosystem. The company positions the Coti v2 launch as the key to unlocking brand-new use cases for the Web3 economy through confidentiality.
The company also plans to extend rewards further by offering longer lock periods of 180, 270 and 360 days starting March 25.
Related: Starknet populated by airdrop hunters ahead of token launch: Report
January 2024 marked the start of the airdrop season as protocols cumulatively offered $700 million in token airdrops in just a week.
As Cointelegraph previously reported, the Ethereum scaling solution AltLayer, multilayer rollup deployer Dymension and the Solana-based decentralized exchange Jupiter were prominent protocols that offered rewards to their users.
Crypto users hunting for crypto token airdrops on X are advised to do extensive research on projects they intend to invest in. Additionally, investors must be on the lookout for accounts impersonating prominent crypto projects, often promising unrealistic returns on investment.
Magazine: South Africa’s digital-nomad crypto hub: Cape Town, Crypto City Guide
COTI_Official
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COTI Roundup
From X Spaces to showcasing COTI V2 key use cases, and Djed’s ratio exceeding 800%, a lot has been happening here at COTI, and we’re excited to share a recap of our recent activities. You can stay informed about our latest developments by following your preferred channels, where we provide all the latest news and updates.
Let’s dive in.
COTI V2
We recently shared that we’ve achieved a breakthrough in blockchain encryption to be used on the blockchain for the very first time. This is the first of many proof of concepts in our endeavor to put Garbling Circuits on the blockchain. If you haven’t watched it yet, check out this demo performed by Dr. Avishay Yanai, CEO of Soda Labs, where he successfully demonstrates how private transactions will work on COTI V2:
<a href="https://medium.com/media/9d588bffd3c2a1e8635299b7f330f3bb/href">https://medium.com/media/9d588bffd3c2a1e8635299b7f330f3bb/href</a>
We also recently announced our upcoming Devnet and key target use cases for the growth fund, currently valued at almost $80 million. These use cases include confidential DeFi, confidential transactions for payments, stablecoins and RWA, confidential machine learning (introducing GCML) and on-chain sensitive data management and dynamic decentralized identification (DID).
COTI’s Airdrop Campaign Poll Results
In anticipation of the upcoming COTI V2 airdrop campaign, we’ve conducted a poll in which we asked you to share the duration for which you would lock your deposit. We were amazed by our strong community, with 35% of you indicating that you plan to lock your deposit for 365 days or more. Check out Shahaf Bar-Geffen’s thread to see the full results: https://twitter.com/shahafbg/status/1765737410027999285
gCOTI as Treasury Rewards
As of February 21, Treasury participants started receiving gCOTI rewards in addition to the standard $COTI rewards. Unlike $COTI rewards that are actively required to be claimed, accumulated gCOTI rewards are distributed directly to users’ wallets on a weekly basis.
Djed
For all our new community members unfamiliar with it, DJED is an overcollateralized stablecoin on Cardano that uses ADA as collateral to ensure stability. The protocol is backed by 400–800% overcollateralization, provided by its reserve coin, SHEN. In the past few days, Djed’s protocol ratio has exceeded over 800%, making it impossible to mint more SHEN until the ratio returns to 400–800%. SHEN holders enjoy a variety of rewards including a share of both mint and burn fees, delegation rewards, as well as DEXs APRs. SHEN delegation rewards were distributed up to epoch 467, with over 485K ADA distributed to SHEN holders thus far.
COTI in the Spotlight
Last Monday, Shahaf Bar-Geffen and Dr. Avishai Yanai engaged in an interesting conversation on X Spaces, attracting almost 8K listeners until today! They discussed how garbled circuits work and shared some interesting overview on garbled circuits’s use cases such as DID, confidential transactions, and confidential machine learning. If you haven’t listened yet, tune in here- https://x.com/i/spaces/1mrGmyWazkgGy
We’ve been also seeing mentions of COTI all around the web, and here are some of the highlights:
https://twitter.com/Crypto_Dep/status/1755575905219469640/photo/1
https://twitter.com/lunarcrush/status/1755720181677183373?s=52
COTI Unveils New Blockchain Encryption Paradigm With Garbled Circuits - The Defiant
COTI Announces Upcoming ETH L2 Developer Network and Key Target Use Cases For its $100M Worth Growth Fund - Decrypt
COTI’s Community is growing!
We’ve been seeing a lot of new community members joining the ecosystem, with thousands of new followers and members entering our channels. This is a great opportunity to welcome all of you. Glad you’ve joined our journey, thanks for supporting us!
Stay tuned for more updates.
Stay COTI!
For all of our updates and to join the conversation, be sure to check out our channels:
Website: https://coti.io/
X: https://twitter.com/COTInetwork
YouTube: https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA
Telegram: https://t.me/COTInetwork
Discord: https://discord.gg/9tq6CP6XrT
GitHub: https://github.com/coti-io
COTI Roundup was originally published in COTI on Medium, where people are continuing the conversation by highlighting and responding to this story.
Let’s dive in.
COTI V2
We recently shared that we’ve achieved a breakthrough in blockchain encryption to be used on the blockchain for the very first time. This is the first of many proof of concepts in our endeavor to put Garbling Circuits on the blockchain. If you haven’t watched it yet, check out this demo performed by Dr. Avishay Yanai, CEO of Soda Labs, where he successfully demonstrates how private transactions will work on COTI V2:
<a href="https://medium.com/media/9d588bffd3c2a1e8635299b7f330f3bb/href">https://medium.com/media/9d588bffd3c2a1e8635299b7f330f3bb/href</a>
We also recently announced our upcoming Devnet and key target use cases for the growth fund, currently valued at almost $80 million. These use cases include confidential DeFi, confidential transactions for payments, stablecoins and RWA, confidential machine learning (introducing GCML) and on-chain sensitive data management and dynamic decentralized identification (DID).
COTI’s Airdrop Campaign Poll Results
In anticipation of the upcoming COTI V2 airdrop campaign, we’ve conducted a poll in which we asked you to share the duration for which you would lock your deposit. We were amazed by our strong community, with 35% of you indicating that you plan to lock your deposit for 365 days or more. Check out Shahaf Bar-Geffen’s thread to see the full results: https://twitter.com/shahafbg/status/1765737410027999285
gCOTI as Treasury Rewards
As of February 21, Treasury participants started receiving gCOTI rewards in addition to the standard $COTI rewards. Unlike $COTI rewards that are actively required to be claimed, accumulated gCOTI rewards are distributed directly to users’ wallets on a weekly basis.
Djed
For all our new community members unfamiliar with it, DJED is an overcollateralized stablecoin on Cardano that uses ADA as collateral to ensure stability. The protocol is backed by 400–800% overcollateralization, provided by its reserve coin, SHEN. In the past few days, Djed’s protocol ratio has exceeded over 800%, making it impossible to mint more SHEN until the ratio returns to 400–800%. SHEN holders enjoy a variety of rewards including a share of both mint and burn fees, delegation rewards, as well as DEXs APRs. SHEN delegation rewards were distributed up to epoch 467, with over 485K ADA distributed to SHEN holders thus far.
COTI in the Spotlight
Last Monday, Shahaf Bar-Geffen and Dr. Avishai Yanai engaged in an interesting conversation on X Spaces, attracting almost 8K listeners until today! They discussed how garbled circuits work and shared some interesting overview on garbled circuits’s use cases such as DID, confidential transactions, and confidential machine learning. If you haven’t listened yet, tune in here- https://x.com/i/spaces/1mrGmyWazkgGy
We’ve been also seeing mentions of COTI all around the web, and here are some of the highlights:
https://twitter.com/Crypto_Dep/status/1755575905219469640/photo/1
https://twitter.com/lunarcrush/status/1755720181677183373?s=52
COTI Unveils New Blockchain Encryption Paradigm With Garbled Circuits - The Defiant
COTI Announces Upcoming ETH L2 Developer Network and Key Target Use Cases For its $100M Worth Growth Fund - Decrypt
COTI’s Community is growing!
We’ve been seeing a lot of new community members joining the ecosystem, with thousands of new followers and members entering our channels. This is a great opportunity to welcome all of you. Glad you’ve joined our journey, thanks for supporting us!
Stay tuned for more updates.
Stay COTI!
For all of our updates and to join the conversation, be sure to check out our channels:
Website: https://coti.io/
X: https://twitter.com/COTInetwork
YouTube: https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA
Telegram: https://t.me/COTInetwork
Discord: https://discord.gg/9tq6CP6XrT
GitHub: https://github.com/coti-io
COTI Roundup was originally published in COTI on Medium, where people are continuing the conversation by highlighting and responding to this story.
Altcoinlere ne zaman sıra gelir
Şu an BTC.D yükselişi ve ETH/BTC paritesi düşüşü yaşanıyor bu noktada BTC paritesinde altcoin kırılımları büyük potansiyel barındırıyor ve yeni tepeleri, yükseliş zamanlarını bu paritedeki kırılımlarla yakalayacağımızı düşünüyorum. Önümüzdeki günlerde #BTC yatay hareket oluşumu izlenmeli. Altcoinlere de sıra başta ETH/BTC paritesinin güçlenmesi ile gelecek$BTC $ETH $
#BinanceTürkiyeSquare
Binance güzel bir çekiliş başlattı. Türkiye için geçerli olan bu çekilişte iphone 15 ve 5000$ ödül var. Aşağıdaki paylaşımda yapılacaklar ve koşullar yazıyor. Bence denemeye değer 👍🏼
Boğaya giriş yaptığımız bu günlerde güzel bir destek olabilir.
#BitcoinDunyamiz #BTCTÜRKİYE #Bitcoin #AltcoinRallies
Binance güzel bir çekiliş başlattı. Türkiye için geçerli olan bu çekilişte iphone 15 ve 5000$ ödül var. Aşağıdaki paylaşımda yapılacaklar ve koşullar yazıyor. Bence denemeye değer 👍🏼
Boğaya giriş yaptığımız bu günlerde güzel bir destek olabilir.
#BitcoinDunyamiz #BTCTÜRKİYE #Bitcoin #AltcoinRallies
Binance Global Türkçe
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iPhone 15 kazanmayı veya FDUSD hediye çeki kazanmayı ister misiniz?
29 Şubat - 7 Mart 2024 tarihleri arasında Binance Square'a gidin ve bu altın fırsatı değerlendirin!
Sadece bu eğlenceli görevlere katılın ve her yolculuk size harika ödüllere daha da yaklaştırır:
Görev 1 - Binance Square'ın bir parçası olun
Binance Square profilinizi oluşturun. Akılda kalıcı bir takma ad, çekici bir avatar ve kısa bir biyografi ekleyin.
Görev 2- Binance Square'da ilk paylaşımınızı yapın
Binance Square'da ilk gönderinizi veya makalenizi oluşturun, #BinanceTürkiyeSquare'i kullanın.
Görev 3 - Binance Square'da en az beş hesabı takip edin.
Görev 1'i tamamladığınızda, Tier 2 ödülünün kilidini açmanın sevincini yaşayın: 5.000 FDUSD ödül havuzunda pay alın.
Görev 4 - Katılım ve Oluşturma
Büyük finale yükselin! iPhone 15'e giden yolumuzda en az 50 karakterden oluşan 5 benzersiz gönderi paylaşımı oluşturun.
Kampanya süresince en çok etkileşim (beğeni, paylaşım ve yorum) toplayan gönderilerin yaratıcısı kazanan olarak ilan edilecektir!
Şartlar & Koşullar
Bu etkinlik bölgenizde mevcut olmayabilir. Ödül için uygun kullanıcılar, etkinlik döneminde görevleri tamamlarken doğrulanmış Binance hesaplarına giriş yapmış olmalıdırlar.Yalnızca yeni katılan Binance Square kullanıcıları ve profillerini oluşturan ve kampanya süresince ilk gönderilerini yapan kullanıcılar ödüllendirme hakkına sahiptir. Kademe 2 ödülleri, tüm uygun yarışmacılar arasında eşit olarak dağıtılacaktır.Kademe 1 ödülü, kampanya süresi boyunca en çok etkileşim alan gönderilerin yaratıcısına verilecektir.iPhone 15 ödülünü almaya hak kazanan uygun katılımcı, Promosyonun sona ermesinin ardından bir hafta içinde, ödülleri teslim etmek için gerekli bilgilerin toplanması için Binance hesabına bağlı e-posta adresi aracılığıyla iletişime geçilecektir. E-postayı yanıtlayarak, kullanıcı kişisel bilgilerinin, adı, adresi ve ödülleri teslim etmek için gerekli diğer detaylar dahil olmak üzere paylaşımı için rızasını verir. Alternatif olarak, iPhone 15 ödülünü kazanan uygun katılımcı, iPhone 15 yerine 1.757 FDUSD token hediye çekini seçme seçeneği de sunulabilir.Kazananlar, bir push bildirimi ile Creator Center > Square Assistant altında bilgilendirilecektir. FDUSD token hediye çekleri, etkinlik bitiminden sonraki 30 iş günü içinde dağıtılacaktır. Kullanıcılar token hediye çeki ödüllerini Profil > Ödüller Hub aracılığıyla kontrol edebilirler. Token hediye çekinin geçerlilik süresi, dağıtıldığı günden itibaren yedi gündür. Bir token hediye çeki nasıl kullanılır öğrenin.Hileli olarak toplu kaydedilen hesaplar veya alt hesaplar, herhangi bir ödül almak için katılım hakkı elde etmeyeceklerdir. Binance, hesabın Binance Square Community Yönetim Kurallarını veya Binance Square Community Platformu Şartlar ve Koşullarını ihlal eden herhangi bir davranışa dahil olması durumunda, bir kullanıcının bu etkinlikteki uygunluğunu iptal etme hakkını saklı tutar.Binance, herhangi bir zamanda kendi mutlak takdirine bağlı olarak, bu şartları ve koşulları önceden bildirim yapmadan belirlemekte ve/veya değiştirmekte, bu etkinliği iptal etmek, uzatmak, sonlandırmak veya askıya almak, uygunluk koşulları ve kriterler, kazananların seçimi ve sayısı ve herhangi bir eylemin yapılma zamanlaması dahil, ama bunlarla sınırlı olmamak üzere bu şartları ve koşulları değiştirmek hakkını saklı tutar ve tüm katılımcılar bu değişikliklerle bağlayıcı olacaktır.Binance, bu etkinliğin nihai yorumlama hakkını saklı tutar.Ek promosyon şartları ve koşulları buradan erişilebilir.
Binance Square Hakkında
Binance Square, daha önce Binance Feed olarak biliniyor, Web3'teki en son trendler için tek duraklı bir sosyal platform olmayı hedefliyor. Ünlü crypto uzmanları, meraklı meraklıları ve güvenilir medya kaynaklarından geniş bir içerik seçeneği ile platform, içerik oluşturucular ve takipçileri arasında bir köprü görevi görür, kullanıcıların içeriklerini kendi etkileşim tarihlerine göre özelleştirir.
$BTC $BNB $FDUSD
Sadece bu eğlenceli görevlere katılın ve her yolculuk size harika ödüllere daha da yaklaştırır:
Görev 1 - Binance Square'ın bir parçası olun
Binance Square profilinizi oluşturun. Akılda kalıcı bir takma ad, çekici bir avatar ve kısa bir biyografi ekleyin.
Görev 2- Binance Square'da ilk paylaşımınızı yapın
Binance Square'da ilk gönderinizi veya makalenizi oluşturun, #BinanceTürkiyeSquare'i kullanın.
Görev 3 - Binance Square'da en az beş hesabı takip edin.
Görev 1'i tamamladığınızda, Tier 2 ödülünün kilidini açmanın sevincini yaşayın: 5.000 FDUSD ödül havuzunda pay alın.
Görev 4 - Katılım ve Oluşturma
Büyük finale yükselin! iPhone 15'e giden yolumuzda en az 50 karakterden oluşan 5 benzersiz gönderi paylaşımı oluşturun.
Kampanya süresince en çok etkileşim (beğeni, paylaşım ve yorum) toplayan gönderilerin yaratıcısı kazanan olarak ilan edilecektir!
Şartlar & Koşullar
Bu etkinlik bölgenizde mevcut olmayabilir. Ödül için uygun kullanıcılar, etkinlik döneminde görevleri tamamlarken doğrulanmış Binance hesaplarına giriş yapmış olmalıdırlar.Yalnızca yeni katılan Binance Square kullanıcıları ve profillerini oluşturan ve kampanya süresince ilk gönderilerini yapan kullanıcılar ödüllendirme hakkına sahiptir. Kademe 2 ödülleri, tüm uygun yarışmacılar arasında eşit olarak dağıtılacaktır.Kademe 1 ödülü, kampanya süresi boyunca en çok etkileşim alan gönderilerin yaratıcısına verilecektir.iPhone 15 ödülünü almaya hak kazanan uygun katılımcı, Promosyonun sona ermesinin ardından bir hafta içinde, ödülleri teslim etmek için gerekli bilgilerin toplanması için Binance hesabına bağlı e-posta adresi aracılığıyla iletişime geçilecektir. E-postayı yanıtlayarak, kullanıcı kişisel bilgilerinin, adı, adresi ve ödülleri teslim etmek için gerekli diğer detaylar dahil olmak üzere paylaşımı için rızasını verir. Alternatif olarak, iPhone 15 ödülünü kazanan uygun katılımcı, iPhone 15 yerine 1.757 FDUSD token hediye çekini seçme seçeneği de sunulabilir.Kazananlar, bir push bildirimi ile Creator Center > Square Assistant altında bilgilendirilecektir. FDUSD token hediye çekleri, etkinlik bitiminden sonraki 30 iş günü içinde dağıtılacaktır. Kullanıcılar token hediye çeki ödüllerini Profil > Ödüller Hub aracılığıyla kontrol edebilirler. Token hediye çekinin geçerlilik süresi, dağıtıldığı günden itibaren yedi gündür. Bir token hediye çeki nasıl kullanılır öğrenin.Hileli olarak toplu kaydedilen hesaplar veya alt hesaplar, herhangi bir ödül almak için katılım hakkı elde etmeyeceklerdir. Binance, hesabın Binance Square Community Yönetim Kurallarını veya Binance Square Community Platformu Şartlar ve Koşullarını ihlal eden herhangi bir davranışa dahil olması durumunda, bir kullanıcının bu etkinlikteki uygunluğunu iptal etme hakkını saklı tutar.Binance, herhangi bir zamanda kendi mutlak takdirine bağlı olarak, bu şartları ve koşulları önceden bildirim yapmadan belirlemekte ve/veya değiştirmekte, bu etkinliği iptal etmek, uzatmak, sonlandırmak veya askıya almak, uygunluk koşulları ve kriterler, kazananların seçimi ve sayısı ve herhangi bir eylemin yapılma zamanlaması dahil, ama bunlarla sınırlı olmamak üzere bu şartları ve koşulları değiştirmek hakkını saklı tutar ve tüm katılımcılar bu değişikliklerle bağlayıcı olacaktır.Binance, bu etkinliğin nihai yorumlama hakkını saklı tutar.Ek promosyon şartları ve koşulları buradan erişilebilir.
Binance Square Hakkında
Binance Square, daha önce Binance Feed olarak biliniyor, Web3'teki en son trendler için tek duraklı bir sosyal platform olmayı hedefliyor. Ünlü crypto uzmanları, meraklı meraklıları ve güvenilir medya kaynaklarından geniş bir içerik seçeneği ile platform, içerik oluşturucular ve takipçileri arasında bir köprü görevi görür, kullanıcıların içeriklerini kendi etkileşim tarihlerine göre özelleştirir.
$BTC $BNB $FDUSD
#blockchain Bilgi
Demystifying the Layers: A Look Inside the Blockchain Stack
The world of cryptocurrencies can seem complex, with jargon and technical terms flying around. One such concept that often sparks confusion is the layered structure of blockchain technology. Understanding these layers is crucial for grasping how cryptocurrencies function and the different components that make them work.
Imagine a blockchain as a technological cake, with each layer contributing unique ingredients to the final product. Let's dive into the three primary layers (1-3) that form the core of a blockchain:
Layer 1: The Base Layer
Think of Layer 1 as the foundation upon which everything else rests. It embodies the core protocol of the blockchain, establishing the rules and functionalities that govern the network. This layer defines how transactions are validated, secured, and added to the permanent ledger. Popular #layer1 blockchains include Bitcoin, Ethereum, and Cardano. Each has its own unique consensus mechanism (like Proof-of-Work or Proof-of-Stake) that dictates how participants agree on the state of the network.$SOL
Layer 2: Addressing Scalability Challenges
As blockchain technology evolves and adoption increases, limitations like transaction speed and high fees on Layer 1 can emerge. #Layer2 solutions act as an extension of Layer 1, aiming to address these scalability challenges. They process transactions off-chain, meaning they occur outside the main blockchain, significantly improving efficiency and reducing costs. However, Layer 2 solutions still rely on Layer 1 for security, periodically settling transactions on the main chain. Examples of Layer 2 solutions include the Lightning Network for Bitcoin and Polygon for Ethereum$ARB
Layer 3: Where Applications Come to Life
The final layer, #layer3 , is where the magic happens – it's the application layer. This is where user-facing applications are built, enabling interaction with the blockchain and its functionalities. $UNI
#TrendingTopic #Blockchain
The world of cryptocurrencies can seem complex, with jargon and technical terms flying around. One such concept that often sparks confusion is the layered structure of blockchain technology. Understanding these layers is crucial for grasping how cryptocurrencies function and the different components that make them work.
Imagine a blockchain as a technological cake, with each layer contributing unique ingredients to the final product. Let's dive into the three primary layers (1-3) that form the core of a blockchain:
Layer 1: The Base Layer
Think of Layer 1 as the foundation upon which everything else rests. It embodies the core protocol of the blockchain, establishing the rules and functionalities that govern the network. This layer defines how transactions are validated, secured, and added to the permanent ledger. Popular #layer1 blockchains include Bitcoin, Ethereum, and Cardano. Each has its own unique consensus mechanism (like Proof-of-Work or Proof-of-Stake) that dictates how participants agree on the state of the network.$SOL
Layer 2: Addressing Scalability Challenges
As blockchain technology evolves and adoption increases, limitations like transaction speed and high fees on Layer 1 can emerge. #Layer2 solutions act as an extension of Layer 1, aiming to address these scalability challenges. They process transactions off-chain, meaning they occur outside the main blockchain, significantly improving efficiency and reducing costs. However, Layer 2 solutions still rely on Layer 1 for security, periodically settling transactions on the main chain. Examples of Layer 2 solutions include the Lightning Network for Bitcoin and Polygon for Ethereum$ARB
Layer 3: Where Applications Come to Life
The final layer, #layer3 , is where the magic happens – it's the application layer. This is where user-facing applications are built, enabling interaction with the blockchain and its functionalities. $UNI
#TrendingTopic #Blockchain
$COTI 🚀🚀💸
COTI's 2024 Roadmap: Privacy in Focus
COTI's 2024 roadmap paints a picture of a year focused on establishing itself as the first privacy-centric Ethereum Layer 2 (L2) solution. This ambitious plan features major releases each quarter, with key milestones including:
COTI V2 Launch: Scheduled for a Q2 2024 Devnet release, COTI V2 leverages cutting-edge Garbled Circuits technology to offer end-to-end encryption for Web3 applications. This solves a major pain point for businesses hesitant to utilize public blockchains due to privacy concerns.
COTI Bridge: This cross-chain bridge, aiming for a Q3 launch, will unlock interoperability and liquidity between COTI and other blockchains like Ethereum, Binance Smart Chain, and Polkadot. It will facilitate the transfer of various digital assets, including stablecoins, NFTs, and tokens.
Enhanced Developer Tools and SDKs: Throughout the year, COTI plans to release improved developer tools and software development kits (SDKs) to attract more developers to build on their platform. This will further expand the COTI ecosystem and drive innovation.
Strategic Partnerships: $COTI aims to solidify its position in the industry through strategic partnerships with businesses and organizations across various sectors. These partnerships will showcase the value proposition of COTI's privacy-focused solutions and expand its user base.
Overall, COTI's 2024 roadmap represents a bold step towards becoming a leader in privacy-preserving blockchain technology. If successful, this could significantly impact COTI's adoption and potentially drive its price upwards.
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COTI's 2024 roadmap paints a picture of a year focused on establishing itself as the first privacy-centric Ethereum Layer 2 (L2) solution. This ambitious plan features major releases each quarter, with key milestones including:
COTI V2 Launch: Scheduled for a Q2 2024 Devnet release, COTI V2 leverages cutting-edge Garbled Circuits technology to offer end-to-end encryption for Web3 applications. This solves a major pain point for businesses hesitant to utilize public blockchains due to privacy concerns.
COTI Bridge: This cross-chain bridge, aiming for a Q3 launch, will unlock interoperability and liquidity between COTI and other blockchains like Ethereum, Binance Smart Chain, and Polkadot. It will facilitate the transfer of various digital assets, including stablecoins, NFTs, and tokens.
Enhanced Developer Tools and SDKs: Throughout the year, COTI plans to release improved developer tools and software development kits (SDKs) to attract more developers to build on their platform. This will further expand the COTI ecosystem and drive innovation.
Strategic Partnerships: $COTI aims to solidify its position in the industry through strategic partnerships with businesses and organizations across various sectors. These partnerships will showcase the value proposition of COTI's privacy-focused solutions and expand its user base.
Overall, COTI's 2024 roadmap represents a bold step towards becoming a leader in privacy-preserving blockchain technology. If successful, this could significantly impact COTI's adoption and potentially drive its price upwards.
#Write2Earn #TrendingTopic
#btc2024 $ETH easy money
Crypto PM
--
In Just 13 Days, This Crypto Wallet Went From $405 To $420,983.78
A week before, he made Purchase that changed his life FOREVER!
How did he achieve this? I'll show you below..🧵👇
2/➮ Whale's Biggest Gain came from $TROLL.
He purchased this money-printing machine in early December, investing only $445.61.
Then all he needed to do was wait until the price started to PUMP.
Profit and Loss: +$389,769.58
3/➮ This chart showcases his brilliant early entry.
☩ He acquired the token at unbelievably low prices never seen before.
4/➮ Here's a step-by-step guide on "How to find Huge whales" :
☩ Visit
@ DEXToolsApp or @ dexscreener
☩ Choose the Ethereum Network.
☩ Identify the coin that has achieved the highest price increase in the last 24 hours.
5/➮ Utilize @ etherscan to find whales.
☩ Visit the "Holders" section.
☩ Copy the token address starting from the 5th position.
☩ After that, use @ zerion
oR @ DeBankDeFi
to research the transaction history of each wallet.
6/➮ Track smart wallets like a pro:
☩ Make a killer list of wallets to monitor.
☩ Level up with @ ArkhamIntel for smart alerts.
☩ When you get the message, dive into smart money and make moves.
7/➮ This whale has made a tremendous amount of profit.
☩ However, mindless copying of trades will lead you to total REKT
☩ Always remember to DYOR!
His wallet: 0xed50e9e7ca905d2018b2db81005e39039a5b71c1
#Whale.Alert #WhaleAlert #TrendingTopic #MANTA #ALT
How did he achieve this? I'll show you below..🧵👇
2/➮ Whale's Biggest Gain came from $TROLL.
He purchased this money-printing machine in early December, investing only $445.61.
Then all he needed to do was wait until the price started to PUMP.
Profit and Loss: +$389,769.58
3/➮ This chart showcases his brilliant early entry.
☩ He acquired the token at unbelievably low prices never seen before.
4/➮ Here's a step-by-step guide on "How to find Huge whales" :
☩ Visit
@ DEXToolsApp or @ dexscreener
☩ Choose the Ethereum Network.
☩ Identify the coin that has achieved the highest price increase in the last 24 hours.
5/➮ Utilize @ etherscan to find whales.
☩ Visit the "Holders" section.
☩ Copy the token address starting from the 5th position.
☩ After that, use @ zerion
oR @ DeBankDeFi
to research the transaction history of each wallet.
6/➮ Track smart wallets like a pro:
☩ Make a killer list of wallets to monitor.
☩ Level up with @ ArkhamIntel for smart alerts.
☩ When you get the message, dive into smart money and make moves.
7/➮ This whale has made a tremendous amount of profit.
☩ However, mindless copying of trades will lead you to total REKT
☩ Always remember to DYOR!
His wallet: 0xed50e9e7ca905d2018b2db81005e39039a5b71c1
#Whale.Alert #WhaleAlert #TrendingTopic #MANTA #ALT