Hassan Maishera
Web3 privacy layer COTI has announced the successful launch of its mainnet as a scalable Layer 2 for confidential transactions.
In a press release shared with Cryptowisser, COTI added that the product, which has been in development for over two years, aims to form the missing link in web3 infrastructure by supporting Privacy-on-Demand for enterprises and consumers.
The COTI L2 is designed to allow web3 applications to realize their full potential. COTI’s high-speed Layer 2 utilizes an implementation of Garbled Circuits, developed in partnership with Soda Labs. This technology offers speeds up to 3,000x greater than incumbent solutions and supports Privacy-on-Demand across all major chains.
The mainnet eliminates the gap between privacy and compliance, a critical component for mainstream adoption. According to the team, the absence of viable privacy solutions has proven a major impediment for institutions who are constrained from participating in sectors such as Real World Assets (RWAs) due to the need to protect sensitive data to meet compliance.
With the COTI L2, businesses can secure proprietary data, and individuals can access Web3 services without giving away their personal information. Its privacy technology also allows AI agents to operate as sovereign entities. By providing secure, private, and compliant access to decentralized applications across various chains, COTI fosters innovation and builds trust.
While commenting on the launch, COTI CEO Shahaf Bar-Geffen said,
“The future of Web3 can’t be built on transparency alone- it demands privacy that’s fast, flexible, and compliant. With the launch of COTI’s Mainnet today, we are setting a new standard for confidential Web3, delivering Privacy-on-Demand across chains. This isn’t just an upgrade-it’s the missing layer that turns blockchain into real infrastructure for the digital age.”
The mainnet has already gathered support from several ecosystem partners. Protocols such as Bancor and its Carbon DeFi platform, Band Protocol, MyEtherWallet (MEW), and PriveX are already integrating with COTI’s privacy layer, with many more to follow in the weeks ahead.
Furthermore, COTI is actively extending its footprint to governments and CBDC initiatives, including the Digital Shekel pilot project with the Bank of Israel. To support COTI’s Mainnet launch, the COTI Foundation will drop 100 $COTI tokens to tens of thousands of wallets. Users who add COTI’s Layer 2 network to MetaMask will be eligible to claim. The Mainnet release will include a new Explorer and Bridge so users can upgrade from COTI V1 to V2 immediately.
The COTI Network is the fastest, lightest confidentiality layer in web3, powered by the breakthrough cryptographic protocol Garbled Circuits. A member of the Enterprise Ethereum Alliance, COTI introduces the most advanced and compliant solution for data protection on the public blockchain, paving the way for the next wave of Web3 innovation and adoption. COTI unlocks a whole new world of use cases, including DeFAI, RWAs, Security, Identity, and more.
