TechFlow reports that the COTI Foundation has announced the allocation of a $100 million development fund in the form of COTI tokens, aimed at driving a series of key use cases.
The fund will primarily focus on data security applications built through multi-party computation (MPC), supporting developers in exploring and building data-secure applications previously unachievable.
The COTI V2 ecosystem, the first to successfully demonstrate garbled circuits on-chain, will provide transaction confidentiality for Ethereum—250 times lighter and 1,000 times faster than other market privacy solutions.
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