Coda The Crypto
@codathecrypto
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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:
âUsers 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 teamâs gratitude for their early support.â
Cotiâs 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 Africaâs 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:
âUsers 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 teamâs gratitude for their early support.â
Cotiâs 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 Africaâs digital-nomad crypto hub: Cape Town, Crypto City Guide
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COTI_Official
--
COTI Roundup
From X Spaces to showcasing COTI V2 key use cases, and Djedâs ratio exceeding 800%, a lot has been happening here at COTI, and weâre 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.
Letâs dive in.
COTI V2
We recently shared that weâve 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 havenât 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 COTIÂ 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).
COTIâs Airdrop Campaign Poll Results
In anticipation of the upcoming COTI V2 airdrop campaign, weâve 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-Geffenâs 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 usersâ 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 400â800% overcollateralization, provided by its reserve coin, SHEN. In the past few days, Djedâs protocol ratio has exceeded over 800%, making it impossible to mint more SHEN until the ratio returns to 400â800%. 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 circuitsâs use cases such as DID, confidential transactions, and confidential machine learning. If you havenât listened yet, tune in here- https://x.com/i/spaces/1mrGmyWazkgGy
Weâve 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
COTIâs Community is growing!
Weâve 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 youâve 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.
Letâs dive in.
COTI V2
We recently shared that weâve 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 havenât 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 COTIÂ 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).
COTIâs Airdrop Campaign Poll Results
In anticipation of the upcoming COTI V2 airdrop campaign, weâve 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-Geffenâs 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 usersâ 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 400â800% overcollateralization, provided by its reserve coin, SHEN. In the past few days, Djedâs protocol ratio has exceeded over 800%, making it impossible to mint more SHEN until the ratio returns to 400â800%. 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 circuitsâs use cases such as DID, confidential transactions, and confidential machine learning. If you havenât listened yet, tune in here- https://x.com/i/spaces/1mrGmyWazkgGy
Weâve 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
COTIâs Community is growing!
Weâve 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 youâve 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.
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Google's search data is valuable data, especially as it shows how many individual investors are in the market and whether we are close to the top.
#Bitcoin⏠When we look at the last 5 years of call data, we see that we are not close to the top yet.
We still have a long way to go
$BTC $ETH
#Bitcoin⏠When we look at the last 5 years of call data, we see that we are not close to the top yet.
We still have a long way to go
$BTC $ETH
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When will it be time for altcoins?
Currently, there is a rise in BTC.D and a decline in ETH/BTC parity. At this point, altcoin breakouts in BTC parity have great potential and I think we will catch new peaks and rise times with the breaks in this parity. Horizontal movement formation of #BTC⏠should be watched in the coming days. It will be the turn of the altcoins, especially with the strengthening of the ETH/BTC parity$BTC $ETH $
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#BinanceTĂźrkiyeSquare
Binance launched a nice giveaway. There is an iPhone 15 and 5000$ prizes in this lottery, which is valid for TĂźrkiye. In the post below, the things to do and the conditions are written. I think it's worth a try đđź
It could be a nice support these days as we enter the bull market.
#BitcoinDunyamiz #BTCTĂRKÄ°YE #Bitcoin⏠#AltcoinRallies
Binance launched a nice giveaway. There is an iPhone 15 and 5000$ prizes in this lottery, which is valid for TĂźrkiye. In the post below, the things to do and the conditions are written. I think it's worth a try đđź
It could be a nice support these days as we enter the bull market.
#BitcoinDunyamiz #BTCTĂRKÄ°YE #Bitcoin⏠#AltcoinRallies
Binance Global Tßrkçe
--
Want to win an iPhone 15 or an FDUSD gift card?
Head to Binance Square between February 29 and March 7, 2024 and take advantage of this golden opportunity!
Just take part in these fun quests and each journey brings you closer to great rewards:
Task 1 - Become a part of Binance Square
Create your Binance Square profile. Add a catchy nickname, an attractive avatar and a short bio.
Task 2- Make your first post on Binance Square
Create your first post or article on Binance Square, use #BinanceTurkeySquare.
Just take part in these fun quests and each journey brings you closer to great rewards:
Task 1 - Become a part of Binance Square
Create your Binance Square profile. Add a catchy nickname, an attractive avatar and a short bio.
Task 2- Make your first post on Binance Square
Create your first post or article on Binance Square, use #BinanceTurkeySquare.
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#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 â 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 â it's the application layer. This is where user-facing applications are built, enabling interaction with the blockchain and its functionalities. $UNI
#TrendingTopic #Blockchain
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$COTI đđđ¸
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.
#Write2Earn⏠#TrendingTopic
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..đ§ľđ
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..đ§ľđ
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