COTI stands for Currency Of The Internet, a name that came from its original mission: to power scalable, borderless payments on-chain. When COTI launched its first version (Trustchain), it focused on solving the problems traditional payment networks faced, slow speeds, high fees, lack of transparency. It introduced DAG-based infrastructure to handle thousands of transactions per second and tools like ADA Pay to bring crypto into everyday commerce. The idea was simple: The internet needs a native currency. COTI could be it.
But the protocol didn’t stop there. As the crypto space evolved, so did COTI. With the rollout of COTI V2, the project shifted from a Layer 1 payment network to a privacy-first Layer 2 on Ethereum. Now the token, confidential computation using garbled circuits powering private smart contracts, secure on-chain AI, and encrypted financial logic.
So does the name still fit?
Yes but in a different way.
“Currency of the internet” no longer means replacing Visa or PayPal.
It means powering the backend of a new kind of internet:
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One that values privacy
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One that runs encrypted logic
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One where financial computation can happen without leaking sensitive data
COTI is still a currency, just not the kind you swipe at checkout. It’s a utility token for programmable privacy, and it fits right into the new modular Web3 stack.
So while the acronym hasn’t changed, the mission behind it has evolved. The name still works, it just works harder now.
EXPLORE MORE :
1. What does COTI stand for?
2. How much will COTI be worth?
3. Does Coti have a future?
4.What is special about COTI?
5. COTI FAQ
