COTI, short for “Currency of the Internet,” is a next-generation blockchain platform built to optimize digital payments. Combining a unique consensus mechanism with a highly scalable architecture, COTI offers a fast, cost-effective, and secure solution for peer-to-peer and business-to-consumer transactions.
The Trustchain: COTI’s Innovative Consensus Algorithm
At the heart of the COTI ecosystem lies Trustchain™, a proprietary consensus algorithm that incorporates Proof of Trust (PoT) with Directed Acyclic Graph (DAG) technology. Unlike traditional blockchains, COTI’s DAG structure allows each transaction to confirm two previous transactions, streamlining consensus and increasing throughput.
COTI’s Trustchain assigns trust scores to nodes, determining their ability to validate transactions. This system incentivizes good behavior and discourages malicious activity, making COTI highly resistant to network attacks while enabling near-instant settlements with minimal fees.
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MultiDAG Architecture for Scalable Payments
COTI’s MultiDAG Layer is a powerful upgrade to the traditional blockchain model. By organizing data into multiple DAGs, COTI allows parallel transaction processing. This enables the platform to support over 10,000 transactions per second (TPS), far outpacing Bitcoin or Ethereum.
Each DAG can serve a unique purpose—payments, token issuance, or smart contract logic—making COTI not just a payment platform, but a full-fledged infrastructure for decentralized finance (DeFi) and enterprise-grade solutions.
The COTI Coin and Its Real-World Applications
The COTI coin is the platform’s native currency used for paying transaction and dispute resolution fees. With features like zero fees, instant payments, and fiat integrations, COTI Pay allows businesses and consumers to transact seamlessly. It supports recurring billing, multi-currency payments, and can be integrated with minimal friction.
Beyond merchant payments, COTI is also being used in cross-border transactions, in-game purchases, and B2B payments, positioning it as a versatile tool in the blockchain economy.
Team and Tokenomics
COTI’s team brings expertise from the fintech and blockchain sectors. With over 2 billion COTI tokens initially distributed through public and private sales, the project raised over $3 million during its early funding rounds. The platform is currently operational and used by merchants and developers globally.