COTI V has officially launched its developer network, making advanced garbled protocols in blockchain more accessible than ever before. This new development facilitates secure data sharing, verification, and multi-party computation while maintaining the confidentiality of personal information, marking a significant milestone for the blockchain industry.

According to an official statement from the COTI team, the COTI V2 developer network is live, introducing these cutting-edge protocols to the blockchain for the first time. This breakthrough offers a new layer of confidentiality, enabling use cases previously impossible within the Web3 ecosystem. Shahaf Bar-Geffen, COTI CEO, encourages developers to explore the new tools provided by the COTI development program:

"We’re opening our doors to the world with the COTI V2 Developer Network. With our Builders program, we’re inviting teams globally to participate in the COTI V2 developer network and share what you’re building. We have an incredible year ahead, building new things, forging new partnerships, and expanding COTI’s network. Development teams can use the COTI V2 Developer Network to build with one of the best techniques in multi-party computation (MPC) for preserving private information – a cryptographic technique called Garbled Circuits."

In March 2024, the COTI team organized a significant airdrop to coincide with its developer infrastructure upgrade launch, as previously covered by U.Today. The Developer Network includes several key tools for development teams, such as a NodeJS SDK, a Python SDK, server access, extensive documentation, a faucet to cover gas fees for on-chain activity, and an explorer for on-chain analytics. This network is designed for rapid experimentation with new smart contracts using COTI V2, all within an accessible EVM environment using the familiar native programming language, Solidity.

To further support the developer community, the COTI Foundation has launched the ABC Growth Fund, allocating 400 million COTI tokens to ambassadors, builders, and creators to bring real-world privacy solutions to the masses. The program invites applications from innovative researchers, developers, educators, and engineers eager to explore the capabilities of the COTI ecosystem.

This major announcement has positively impacted the market, with COTI's price rising by 6.23% in the last 24 hours. The COTI V2 Developer Network promises to drive significant advancements in blockchain technology and foster a thriving community of Web3 developers.