COTI V has officially rolled out its developer network, introducing sophisticated garbled protocols in blockchain technology to a wider audience than ever before. This groundbreaking initiative enables secure data sharing, verification, and multi-party computation while upholding the confidentiality of personal information, representing a major leap forward for the blockchain sector.

In an official announcement from the COTI team, the launch of the COTI V2 developer network has been confirmed, ushering in these state-of-the-art protocols to the blockchain landscape for the first time. This advancement introduces a new level of privacy, unlocking possibilities previously unattainable within the Web3 ecosystem. Shahaf Bar-Geffen, CEO of COTI, encourages developers to leverage the innovative tools offered by the COTI development program, emphasizing the potential for groundbreaking advancements:

"We are extending a global invitation with the COTI V2 Developer Network. Through our Builders program, we invite teams worldwide to engage with the COTI V2 developer network and showcase your projects. We anticipate an exciting year ahead, with new developments, strategic partnerships, and the expansion of COTI's network. Development teams can leverage the COTI V2 Developer Network to harness one of the most advanced techniques in multi-party computation (MPC) for safeguarding sensitive information – a cryptographic method known as Garbled Circuits."

In March 2024, COTI orchestrated a significant airdrop coinciding with the launch of its developer infrastructure upgrade, as previously reported by U.Today. The Developer Network encompasses essential tools for development teams, including a NodeJS SDK, a Python SDK, server access, comprehensive documentation, a faucet to cover gas fees for on-chain operations, and an explorer for on-chain analytics. This network is tailored for swift experimentation with new smart contracts using COTI V2, all within a user-friendly EVM environment utilizing the familiar native programming language, Solidity.

In a bid to further empower the developer community, the COTI Foundation has introduced the ABC Growth Fund, allocating 400 million COTI tokens to ambassadors, builders, and creators to bring practical privacy solutions to the general public. The initiative welcomes applications from innovative researchers, developers, educators, and engineers eager to explore the capabilities of the COTI ecosystem and drive real-world impact through their contributions.

This significant announcement has had a positive ripple effect on the market, with COTI's price experiencing a 6.23% increase in the past 24 hours. The COTI V2 Developer Network is poised to catalyze substantial progress in blockchain technology, fostering a vibrant community of Web3 developers dedicated to pushing the boundaries of innovation and security in the digital realm.