COTI FOUNDATION CHANNEL
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Welcome to the COTI Foundation Official Telegram Channel! Here you will find all the news and updates from the COTI team. Got any questions? Chat with us in our official group https://t.me/COTInetwork
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Introducing COTI 2.0
Private Programmable Money
Today, COTI shifts into its next phase, with a new website to match.
> coti.io
Same foundation. Bolder vision.
1. The Vision
The world's money will soon move the way information does, on open networks. But those networks are public, and nobody wants to run their finances in public.
COTI is now critically tasked with changing that. Its mission is to make private programmable money the global standard, so institutions, businesses, developers and individuals can hold, move and settle value on public blockchains, confidentially.
COTI exists to champion this cause.
2. The Foundation
Since 2017, COTI has built the privacy technology this next phase runs on. It was the first network to run garbled circuits in production, computing directly on encrypted data so inputs stay encrypted from submission to settlement.
Its institutional-grade technology has been developed across leading institutions:
1. European Central Bank
2. Bank of Israel
3. Cardano Foundation
4. Input Output Global (IOG)
3. Privacy-on-Demand
Privacy-on-Demand serves as COTI's privacy layer for other blockchains. It allows applications to keep their users and assets on their existing chain, while COTI handles the private computation.
Avalanche was the first network to bring it to production. Since September 17, applications on Avalanche have been computing on confidential data, and users have been shielding AVAX and USDC through the Privacy Portal.
> https://x.com/avax/status/2100321025401422168
Expansion to further networks is a core part of the roadmap.
4. New Products
At the centre of COTI 2.0 are two new products, designed to keep transactions private when moving money between blockchains, and when spending it in day to day life.
1. Interphase - The flagship. It serves as the global privacy layer for moving assets between blockchains, and executing confidential, unlinked transfers across 30+ major networks.
2. COTI Global - A new central application, which allows COTI to be spent as a privacy payment rail for everything in day to day life.
5. What's Next
The new website and public roadmap are the first of several major upgrades coming this month.
Bitcoin made money digital.
Zcash made money private.
COTI makes all money private and programmable.
Public chains are a glass box. Every balance, every transfer, every counterparty is visible to anyone who looks. That works for speculation. It does not work for money.
COTI invented the first private chain with smart contracts. Build, trade, and transact privately. Privacy-on-demand tooling for every major chain, powered by and ran on COTI. Already live on Avalanche. More coming.
╰┈➤ COTI Privacy-on-Demand
All your transactions executed privately on demand. Keep accounts and assets on the chain you already use.
╰┈➤ COTI Interphase
The privacy layer for multi-chain settlement. Confidential, traceless transfers across 30+ major blockchains. Nothing linking sender to receiver, while still compliant. Powered by COTI garbled circuits, the fastest privacy technology in crypto.
╰┈➤ COTI Global
Spend crypto in the real world, privately. COTI Global puts your daily spending, travel, and browsing in one app. One private balance. Only you can see it.
Institutional-grade technology, developed across the European Central Bank, the Bank of Israel, Avalanche, Input Output, and the Cardano Foundation. Built since 2017 toward one idea.
Private money, as the standard that powers all of crypto.
COTI Ops Update
Following the last update, the team and the market maker have engaged in constructive discussions and have reached an amicable resolution.
1. Resolution
The team has acquired the market maker's full COTI position. Both parties accepted the terms, and the matter is now closed.
2. Reasoning
A significant allocation sat with a party whose interests had diverged from the project's. Legal processes take months. COTI does not have months to spend on a distraction. Acquiring the position resolves the matter now, in full, and on the team's terms.
3. Team Alignment
The team committed its own capital to the original purchase. That commitment is now substantially larger. Team ownership of COTI is at its highest since the handover, and its incentive is the same as the community's: the success of COTI.
4. Closing Points
With the matter resolved, every hour goes to delivery. Q4 is about the product roadmap and expanding the utility of the COTI token. That's paramount.
X Spaces with new CEO, Robbie Vander Ghinste, and new CMO, Sara Bouchet
Following community questions, Robbie and Sara will host an X Space tomorrow at 10:00 UTC, covering every point the community has raised.
> https://twitter.com/i/spaces/1nGeLMonEznKX
Preliminary Clarifications
1. COTI Foundation
COTI Foundation continues as is. Robbie is setting a new mission for the project, with a bigger emphasis on commercial development.
Sara joins as CMO, with a background in building consumer apps. She will lead the launch of the COTI app and its products.
2. Wider Roadmap
There is no structural change to the project, beyond the change of management. This is necessary to shape the vision beyond a purely technical focus.
Robbie brings a network, and experience, focused on business applications of the technology. Implementation of $COTI is at the heart of this.
3. Timeline
At the centre of Robbie's focus is a new central application, which allows COTI to be spent as a privacy payment rail for everything in day to day life.
The public roadmap, detailing each milestone the new app will bring, will be published tomorrow.
Confidence is earned. Robbie is committed to years of work on the implementation of $COTI as a private, spendable currency, and to letting that work speak for itself.
4. Community Feedback
The Google form below is for the community to submit their key questions to Robbie and Sara, so they can be addressed in the AMA.
> https://docs.google.com/forms/d/e/1FAIpQLSfyxn4Y8iEgfNVQfdag_T9DRj2EsG9ZwIhOvBn2OEFuRSf0dg/viewform
We intend to make this recurring, so that concerns are addressed regularly as COTI becomes a commercial implementation of privacy.
COTI is excited to announce its new chapter.
Today, Coti Foundation is shifting gears from pure development to a blended approach, to further the adoption of COTI and its privacy ecosystem. The foundation is now critically tasked with creating purpose-built applications that fulfill utilities in daily life, while ensuring transaction privacy.
1. Coti Foundation New Strategy
In the coming weeks, Coti Foundation will publish a detailed expansion to COTI's roadmap, with an emphasis on expanded COTI token spending ability.
It serves as a decentralized ecosystem, which companies and merchants across the world can join to expand their payment rails to include a privacy infrastructure. The foundation exists to champion this cause.
The current management will step down and COTI will come under the direction of ZK Foundation, led by Robbie Vander, who has deep experience working in web3 venture space. That network will now spearhead COTI's focus on business development.
2. COTI Token
This shift is designed to take the network and its asset to new utilities, led by a consortium that will focus on regions across the world.
Exciting new methods to use and spend COTI tokens are due soon this year.
3. Privacy Market Distinction
The biggest company in web3 is not an exchange or trading firm. Privacy firms are mostly focusing on trading.
The industry's kingpin is Tether, for their emphasis on making a spendable currency. That is going to be COTI's focus.
Rather than solely creating private trading tools, Coti Foundation is going to emphasize making private transactions a part of daily life. In a seamless, united interface.
We will soon announce an AMA with Robbie so the community can get a deeper grasp of the new vision of Coti Foundation.
4. Closing Points
Under Shahaf's leadership, COTI built much of the technology and institutional foundation that makes this next phase possible. He will continue to bring that experience to COTI as an advisor.
Robbie's vision goes in full effect with COTI 2.0 campaign, which starts next month. Get ready!
Private tokens are live on Avalanche 🛡️
Portal into privacy on AVAX
→ AVAX & USDC, more tokens soon
→ Fully encrypted
→ Freely transferable
Try the COTI Privacy Portal
👉 privacyportal.app
COTI privacy is live on Avalanche 🔺
Introducing Privacy Built for Business on Avalanche
→ Ready for L1s, institutions, and builders
→ Private by default, auditable when required
→ Privacy Portal & private stablecoins now live
Read more 👇
https://cotinetwork.medium.com/coti-x-avalanche-privacy-built-for-business-0110b3897d00
COTI Operational Notice: Consolidation and New Holding Structure
Further to the pinned operational notice on the V2 to ERC20 conversion: over the coming hours we are completing that move. The remaining Foundation-held V2 tokens will be converted to ERC20 through the COTI bridge, and all Foundation-held ERC20, including previously bridged balances, will be consolidated into the Genesis wallet. This is step one of the updated structure for how COTI is held, which the previous notice referred to.
The consolidated holdings will move from the Genesis wallet into two new main addresses under the updated holding structure. For operational security, that move will be executed as a sequence of roughly ten separate transactions rather than one, which is standard practice for transfers of this size. The sequence will be visible on-chain, and the two main addresses will be published once it completes, together with a full reconciliation against this notice.
What this changes for holders: nothing. Your balances are untouched, no swap or migration is required, and no new COTI is created. These are movements of existing Foundation-held tokens, not new issuance, and the tokenomics in place do not change. The increased bridge limits from the previous notice remain in place.
As before, every movement reconciles against this notice, and everything is verifiable on-chain.
A new episode of Onchain Confidential is live 🎙️
Featuring COTI CEO Shahaf Bar-Geffen 🔹
Banks are building onchain, but cannot operate with their balances, transactions and customer information exposed. Shahaf explains why COTI rebuilt its network around privacy, giving institutions control over what stays private and who gets access.
Presented by COTI. Hosted by Amateo.
Watch now 👇
https://www.youtube.com/watch?v=7dEfdXfaTDE
A new episode of Onchain Confidential is live 🎙️
Featuring COTI CEO Shahaf Bar-Geffen 🔹
Banks are building onchain, but cannot operate with their balances, transactions and customer information exposed. Shahaf explains why COTI rebuilt its network around privacy, giving institutions control over what stays private and who gets access.
Presented by COTI. Hosted by Amateo.
Watch now 👇
https://www.youtube.com/watch?v=7dEfdXfaTDE
A new episode of Onchain Confidential is live 🎙️
Featuring COTI CEO Shahaf Bar-Geffen 🔹
Banks are building onchain, but cannot operate with their balances, transactions and customer information exposed. Shahaf explains why COTI rebuilt its network around privacy, giving institutions control over what stays private and who gets access.
Presented by COTI. Hosted by Amateo.
Watch now 👇
https://youtu.be/7dEfdXfaTDE?si=fuG3J-YyVJY-6Gt3
Flip the Switch: Turn Privacy On 🛡️
Same wallet. Same tokens. Same transfer.
$COTI Private ERC20 encrypts the amount and balances onchain. Only the privacy key holder can read them.
The mandate behind the Enterprise Ethereum Alliance Privacy Working Group. “The idea was to provide EEA members with a comprehensive but simple overview of the current privacy market.”
Redwan Meslem, Executive Director at EEA, explains how the working group began and what it set out to achieve.
🎙️ Onchain Confidential
Onchain privacy is more than private tokens.
Real privacy needs general private computation. Most chains can only compute on data they can see.
COTI's Garbled Circuits compute on data the chain never sees. Encrypted in, encrypted out.
That's what unlocks Private DeFi 🛡️
Onchain privacy is more than private tokens.
Real privacy needs general private computation. Most chains can only compute on data they can see.
COTI's Garbled Circuits compute on data the chain never sees. Encrypted in, encrypted out.
That's what unlocks Private DeFi 🛡️
Onchain privacy is more than private tokens.
Real privacy needs general private computation. Most chains can only compute on data they can see.
COTI's Garbled Circuits compute on data the chain never sees. Encrypted in, encrypted out.
That's what unlocks Private DeFi 🛡️
