COTI to Host Testnet Upgrade and Reset on March 5th
COTI will host a testnet upgrade and reset on March 5th at 10:00 UTC.
The update also covers the migration from v.1.0 to v.2.0 pools and progress on the Hacken security audit.
Refer to the official tweet by COTI:
COTI Foundation@COTInetworkФев 28, 2025Big moves ahead as we prepare for Mainnet!💫
Check out the latest Development Update for details including:
🔹 Testnet upgrade & reset (March 5, 10:00 UTC)
🔹 V1 → V2 Pools migration
🔹 Hacken security audit progress
COTI Info
COTI is a blockchain protocol that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.
COTI achieves a high transaction throughput by employing a Directed Acyclic Graph (DAG) of transactions known as the Cluster, as opposed to a blockchain which allows users to process a large number of transactions quickly and with low fees.
A key feature of COTI is its Trustchain protocol, a trust-based system that helps manage relationships between buyers and sellers. It takes into account user behavior during transactions to assign a Trust Score.
COTI also has its native token, COTI, which is used for transaction processing within the network, staking for network participation, and for receiving rewards.