Exchange COTI (COTI)

COTI, according to its website, is the first enterprise-grade fintech blockchain optimized for stablecoins creation and digitizing any currency. The creators position it as a next-generation payment network that is supported by the native digital currency. 

COTI has developed a payment transaction network to improve the online payment experience for both buyers and sellers. It is optimized for decentralized payments and can be used by merchants, governments, payment dApps, and for issuing stablecoins. 

The network's primary use case is the facilitation of the payments. COTI has been focused on the creation of a cluster, a base level protocol using a directed acyclic graph structure. That allowed to create a fraud-resistant decentralized platform that's disruptive to the existing payment infrastructure. The project’s infrastructure includes DAG-based blockchain, proof-of-trust consensus algorithm, multiDAG, GTS (Global Trust System), a universal payment solution, and a payment gateway. 

COTI can process around 100,000 transactions per second. It cuts out intermediaries and eliminates the need for costly mining, reducing the costs and the energy consumption. COTI also works on the price stability technology for the mass adoption of blockchain for payments. 

There are mediators on the COTI blockchain who resolve the disputes with a delegated proof of stake. It has its own Trustchain protocol that incentivizes good network behavior. Thanks to it, a transacting person can move through the system fast and for a very low cost. 

COTI is a DAG-based native token that powers COTI blockchain. As the network doesn’t allow any mining activities, no ways exist to create or destroy the coins. The total supply of COTI is 2 billion tokens and 868 million are now in circulation. 30% of the supply was distributed during the token sale, 45% were kept for incentives and rewarding programs on the blockchain, 15% was kept for further development and 10% was allocated to the project advisors.