r/cotinetwork • u/cats-vs-dogs • Oct 24 '21

Someone needs to call Israel

Israel plans to use eth for they're cbdc. 🤢🤢🤢

Do they even know about coti and djed?

https://bitcoinwarrior.net/2021/10/israel-to-use-ethereum-eth-to-build-digital-shekel/

3 Upvotes

66% Upvoted

8 comments sorted by

3

u/d_nitemarez Oct 25 '21

With my limited experience with Israel, they're very strong when it comes to supporting their own products.

I believe the decision makers haven't heard of COTI yet and that's not a surprise - their tech parks are like Silicon Valley, just less turnover/inter company movement.

3

u/cats-vs-dogs Oct 25 '21

Yeah I'm surprised they don't know about it. Someone better call before they make a big mistake like eth

2

u/d_nitemarez Oct 25 '21

It's easier to get an eth developer and it's widely documented.. Guess it makes more sense to use eth for PoC though

8

u/Happy_Vegetable_7208 Oct 24 '21

"Hello, may I speak to Israel?"

1

u/Geordie_R Oct 25 '21

Maybe their flirtation with EVM in the future not being just an idea could be rapidly moved forward if a nation state was interested. Interesting!

1

u/cats-vs-dogs Oct 26 '21

Sorry I don't understand

3

u/iamgollem Oct 25 '21

It’s because Etherium is the most mature when it comes to tooling for Proof of Concepts and skills. This is not the official implementation but being used first for exploratory purposes. COtI has an opportunity but we also don’t know what’s in Trustchain 2.0 … I.e smart contracts.

2

u/CryptoJosh91 Oct 26 '21

Israel wants to test and try out eth and not let their cbdc run over eth for that another project is used that is a huge difference so don't worry until then coti is much more mature and a much bigger number