#whrite2earn #COTI (Currency of the Internet) is a blockchain platform specifically designed for decentralized payment solutions and stablecoins. It aims to empower enterprises and merchants to create their own payment networks and stablecoins to cut out middlemen, lower fees, and ensure transparency.
Here's an overview of COTI and USDT (Tether):
1. COTI (COTI Token)
Purpose: COTI is designed to provide a scalable, decentralized solution for payments. It combines the benefits of blockchain with traditional payment systems to address scalability, fees, latency, and global reach.
Native Token: COTI's native cryptocurrency is also called COTI.
Key Features:
Trustchain Protocol: COTI uses a proprietary consensus algorithm called the Trustchain, which assigns trust scores to nodes to optimize scalability and speed.
Enterprise Payments: COTI provides a decentralized system where companies can set up their own stablecoin to facilitate payments within their ecosystem.
Scalability: It aims to process over 100,000 transactions per second (TPS).
Fee Structure: COTI reduces transaction fees significantly compared to traditional systems like credit cards.
Use Cases: Payment processing, remittances, loyalty programs, DeFi applications, etc.
Utility: COTI is used for fees, staking, and governance within its network. Holders of COTI can also earn rewards by staking their tokens.
2. USDT (Tether)
Purpose: USDT is a stablecoin pegged to the value of the U.S. Dollar. It's one of the most popular stablecoins, designed to maintain a 1:1 value with the USD, making it a useful store of value and medium of exchange in the cryptocurrency world.
#COTI/USDT⚡️⚡️ #coti🔄 #COTI.