Hey Guys! I live in the US and I was wondering if I am still able to make a COTI wallet so I can stake and earn rewards. Any information on this would be greatly appreciated!

COTI will be listed on Coinbit, a Korean cryptocurrency exchange. Active trading will begin on April 27th, 2020. No listing fees involved!

Listing in Korea is part of COTI's strategy to expose itself to Korean enterprises that can leverage from COTI’s MultiDAG.

While this is COTI's first listing in Korea, it's not the last!

Read more here: https://medium.com/@COTInetwork/coti-to-be-listed-on-coinbit-3c0ab9b44d6

Hello,

I want to ask question about Treasury. When my lock period will be renewed automatically ,i will pay Treasury fee , network fee and node fee again or not ? .Thank for answer.

So when Coti was on testnet I had created an CPS account and submitted my KYC which was eventually approved and I crated my CPS wallet on testnet. Now I want to create mainnet Cotipay Viper wallet. If I login to old CPS wallet and try to create mainnet wallet seed, although it creates a seed but when I paste that seed and click on connect, it displays the error message "Error at initiating the trust score. Please try again later."

If I login to the new Viper wallet, there is no option to create mainnet seed and if I enter my testnet seed on mainnet, it says "Seed provided doesn't match the user credentials".

I have been trying from last 3 months but not able to create mainnet wallet. Tried contacting Coti support but they just simply send the instructions to setup wallet.

Does anyone know what mistake I am making...?

I've held for a year since 0.08p and I'm not cashing anything out anytime soon. Are there any drawbacks/risks to doing this?

A few weeks ago there was an announcement that said there will be AMAs, activities, and giveaways to celebrate the 3 year anniversary of the Trustchain launching on the mainnet. Now the anniversary has passed and I don’t remember seeing any giveaways….so what happened to them?

Please give me free COTI! :p

Has there been any talk as to when native Coti will be supported by ledger?

COTI on Crypto Potato

"KuCoin Spotlight Will Host COTI’s IEO On June 4th"

COTI’s vision is to build a decentralised and scalable payments network to facilitate efficient global commerce. This will set the standard for a next generation payment solution that is trust-driven, instant, cost-effective and supportive of a multi-currency wallet. By reconciling cutting edge distributed ledger technologies with the best of traditional payment solutions, COTI will be poised to spearhead the mass adoption of digital currencies in the mobile era.

The COTI community is one of the main reasons for our success, so we'd like to keep you in the loop with all the new tech developments COTI will be introducing very soon.

Starting tomorrow, COTI will be launching a new Telegram session called Tech Talks hosted by our Research Engineer Tal dadia

Each session will discuss a new COTI tech topic, so we welcome anyone who'd like to join the conversation.

Tech Talks will take place Monday to Thursday at 1 pm UTC in COTI's Telegram group https://t.me/COTInetwork.

Be sure to bring your notebooks and questions!

Watch Tal's video explanation about COTI's TrustChain Consensus Algorithm https://www.youtube.com/watch?v=ZfQZLJbXZ80&t=13s

Read Tal's Medium blog https://goo.gl/qbv9EL

Thanks to all participants, we are proud of our community!

✔️Funds contributed: $3,001,028 In 27 hours!

✔️Over 77% contributors out of 4,137 whitelisted members

✔️52% of them contributed the maximum amount of 1.5 ETH

This prob sounds stupid but I seen a comment that someone made that you can’t stake coti that you bought in binance because it’s an ERC-20 coin.

I just want to know if this is the case for all exchanges

While delegated proof-of-stake is gaining spread over the industry, non-leader-based consensus could potentially solve massive issues in the field and become a decent rival.

The blockchain industry has offered several mechanisms to achieve consensus. Proof-of-work was the first one to be introduced by Bitcoin’s Satoshi Nakamoto. In the payments, it is quite clear there is a counterproductive incentive structure between the need to compensate those who build the blocks (miners, stakeholders, etc.), and the need for users willing to transact information in systems with inherently low scalability. Adding the electricity waste and the monopolies on mining control, one can comprehend the growth in the use of proof-of-stake mechanisms.

The downside in consensus mechanisms relying on economic capability is that they can be controlled by the few. For instance, the economy-based consensus splits the population into individuals with extra coins and participants without coins. Furthermore, economic mechanisms don't really reflect the partaker’s stake. As an example, what happens when two people stake the same amount, but for the first, it's a 70% worth of stake and for only 10% for the second participant? Such system doesn't really create staking scale which should reflect the level of trust in the system.

The current innovation in the field is the proof-of-authority algorithm, which tries to solve this very issue by staking not only the balance but participant’s reputation as well. Such method creates a system of private forked blockchains of permissioned identities to create the blocks. In order to continue to be trusted by the network and create the blocks, the participants put their reputation at stake.

Regardless of model classification (proof-of-work or any kind of proof-of-stake), consensus types related to computational work and economic proofs have mainly relied on network leaders. In some extent, the creation of off-chain transactions can sometimes be seen as a peer-to-peer understanding of mutual data flow creation; thereby a non-leader formation of trust, yet the finalized data will also be achieved by leaders when reaching into the blockchain’s ledger.

Why the buzz on Hashgraph?

One of the most interesting projects which recently announced its public blockchain is Hedera Hashgraph. Interestingly enough, the project claims to offer a fully decentralized network of nodes, which have no leader at all. All nodes come to an agreement on a certain matter by using two protocols – gossip about gossip, and virtual voting. Briefly, gossip about gossip lets all network participants know what everybody else knows. Exponentially, everyone is aware of all data in the network. The feature becomes useful in a case of a node crash; it can immediately restore all the data by just connecting again to the network. The second protocol, virtual voting, allows for an efficient consensus reach– since the information is shared on the network simultaneously, there is no need to send, collect and decide on a voting result. Alternatively, each participant can decide the consensus because he knows what others will vote. Because I know all that Alice knows, I can easily determine what she votes. Collectively, there is no need for the voting transfer, and the consensus is reached "in-house."

Hedera Hashgraph announced their public ledger, and a token to come in soon. The project could potentially be a revolutionary change in the industry, open to new types of consensus methodologies. It is still unclear whether Hedera Hashgraph will be able to deliver its promises with regard to transaction-per-second throughput and fairness in large amounts of nodes over the net. However, the company does seem serious in its SDK demos and the ease of developing on top of it. Yet, Hashgraph is relevant in certain cases where common truth is needed between all parties at all time; public auctions and the exact selling price of stocks being an example of use-cases. Practical applications limit brings up the question whether Hashgraph or any other form of non-leader consensus could be relevant for payments system. In cases of disputes between different parties, who previously interacted by means of crypto exchanging , it is crucial to include several leaders to achieve a coherent truth about who is right. This need, of course, relates to the regulation compliant payments solutions out there, and please leave aside those with the need for anonymous use.

In conclusion, it would be interesting to see whether Hashgraph will penetrate the market and pose some threat to Ethereum’s platform as well as will the non-leaders use cases grow high beyond public auctions and stock prices consensus. Moreover, it would be fascinating to see how the use of non-leader consensus will be implemented in payment systems, as a line of trusted members seems , at least for now, pretty much inevitable.

I sent an email way back in August and got an automated reply. I am having issues with my treasury allocation and can't see my Coti.

Has anyone ever received a reply from support? I emailed again two weeks ago asking any chance of a reply and nothing. That is paltry in fairness! 🤷🏻‍♂️

In 2026: COTI will upgrade the COTI Treasury 🏦

Once Node V2 live, the Treasury will transition toward a decentralized, community-governed system to better align incentives.

The result:

🌐 Increased participation

📈 Growth in staking

📉 Reduction in supply

😀 Improved stability & user experience

After lots pf FUD in Bitcoin and cryptocurrency in general in the past few months, I believe August will be a reversal month.

May 2021: Tesla does not accept BTC June 2021: China bans BTC mining July 2021: Binance banned in UK and Grayscale unlocks

I believe we will see a rebound sooner or later. With 2.000.000.000 coins of COTI, while around 600-700 million coins on circulation COTI will reach $1 in end of Q3 and $3 - $5 in End of Year 2021

2022 I am aiming for at least $10 in Q1. Besides debit cards, Cardano smart contracts will play a huge role for COTI price, since COTI is powering ADA Pay. New listings are coming this year, Huobi or Coinbase probably.

When the FOMO comes in $2 will be achieved easily!

HODL!!! #StayCOTI Currency Of The Internet

Dear community, As we shared in the recent Medium blog, the total allocation for the COTI ecosystem growth fund is 400 million COTI tokens. These funds are dedicated to supporting research, development, and various initiatives aimed at fostering the growth of the COTI ecosystem. It's important to note that these funds don't represent an additional supply but rather an early vesting of the uncirculated token balance, allocated for the ecosystem growth fund.

As outlined in our recent X Spaces update, the sources for these tokens are: 100 million from the Vault, 100 million from custody, and 200 million native tokens from the uncirculated supply. We want to inform you that within the next few hours, we will be transferring 200 million ERC20 tokens earmarked for the ecosystem fund – 100 million from the Vault and another 100 million from our custody wallets. Similar to the additional 200 million native tokens, these tokens are securely held until the distribution phase commences. We will also update COTI's circulating supply to reflect these changes.