COTI ICO (COTI) 2018-10-26

The world’s first DAG protocol optimized for creating decentralized payment networks and stable coin

Tags:
  1. ecryptopro
    Website:
    [​IMG]
    Token Symbol:
    COTI
    Platform:
    Not Supplied
    Category:
    Infrastructure
    Total Supply:
    2,000,000,000
    Start Date:
    February 1st 2019 12:00 UTC
    End Date:
    February 15th 2019 12:00 UTC
    Payment method:
    • Bitcoin
    • Ethereum
    • Litecoin
    • Neo
    • DASH
    • Fiat Currency
    • Zcash
    Country:
    Gibraltar
    Contact:
    contact@coti.io
    White paper:
    https://coti.io/en/files/COTI-technical-whitepaper.pdf?v=170c4eb95458
    Twitter:
    https://twitter.com/COTInetwork
    Facebook:
    https://www.facebook.com/COTInetwork
    Telegram:
    https://t.me/COTInetwork
    Youtube:
    https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA
    Linkedin:
    https://www.linkedin.com/company/25171228
    Instagram:
    https://www.instagram.com/cotinetwork
    Reddit:
    https://www.reddit.com/r/cotinetwork
    Medium:
    https://medium.com/COTInetwork
    Github:
    https://github.com/coti-io
    COTI’s platform

    COTI’s platform combines layers of infrastructure, services and applications to support payment applications, stable coins and enterprise solutions

    At the core of COTI’s infrastructure lies the Trustchain, a proprietary consensus algorithm based on machine learning, which dramatically decreases transaction costs and increases processing speed by assigning trust scores to transactions and clustering it in chains.

    The Trustchain lies on a multi-DAG (directed acyclic graph) data structure, which works in tandem to drive up scalability, processing over tens of thousands of transactions per second (TPS). DAG is the most suitable infrastructure for payments due to its scalability and low transaction costs.

    Our technology stands to revolutionize crypto adoption by becoming the base layer upon which future decentralized solutions are built.

    Trustchain key innovations

    Proof of Trust (PoT)
    The COTI PoT hashing algorithm consists of multiple hashing algorithms operating in chain fashion with the ordering dependent on the last 16 bytes of the hash of the previous block.

    Trust Score consensus
    COTI has developed a new approach to achieving consensus between transacting parties operating on a DAG-based data structure by using Trust Scores. The Cluster achieves scalability through its use of parallel source selection and transaction confirmations, as well as its use of COTI Trust Scores.

    Arbitration Service
    COTI offers a ready to use buyer-seller protection service. Users can chargeback a transaction in cases of fraud or any other dispute related to deals settled through the COTI payment system.

    Double Spend Prevention (DSP) Nodes
    Transactions require the signature of a Double Spend Prevention (DSP) Node before they can be considered fully confirmed, while any detected double-spending attempts are flagged and refused.

    Services

    COTI-X is a currency exchange and gateway to the COTI network. It serves as an enabler of cross-currency support in fiat and cryptocurrencies while providing security, liquidity and price stability for tokens on the network.

    Buyer-seller protections
    COTI has developed a new approach to achieving consensus between transacting parties operating on a DAG-based data structure by using Trust Scores. The Cluster achieves scalability through its use of parallel source selection and transaction confirmations, as well as its use of COTI Trust Scores.

    COTI Pay is the first internally developed application on the COTI platform to utilize a fiat-pegged stablecoin, the COTI-DIME. It targets both e-commerce and POS payments and is equipped to initially process tens of thousands of TPS with virtually no price volatility.
    COTI Pay also provides fully customized white label wallets for consumers and merchants.
    COTI Pay can be integrated with online checkout processes through point of sale (POS) add-ons and debit cards