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Title: Introducing the COTI multiDAG! Post by: COTInetwork on May 26, 2019, 08:22:39 AM Introducing the COTI multiDAG!
COTI’s multiDAG (https://coti.io/files/COTI-technical-whitepaper.pdf) is a unique implementation that frees the COTI network from being bound to a singular DAG instance. The COTI MultiDAG ecosystem is similar to Ethereum, in the sense that both are common decentralized infrastructure acting as the basis for a multitude of different tokens and smart contracts while utilising one main coin for payment of fees on the network. This multiDAG feature is currently unavailable on any other DAG-based platforms and is totally unique to COTI! COTI’s selfsame node infrastructure enables the creation of multiple DAGs by originators of varying nature, such as stable coins, dedicated enterprise tokens and more. Because COTI uses several independent clusters that each support one token, the whole network is made infinitely more efficient and modular. In essence, the COTI network will have several independent clusters and tokens built atop the Trustchain, with the COTI native coin used as a common means of payment for all fees and staking inside the COTI ecosystem. https://cdn-images-1.medium.com/max/800/0*VQ9KxN7nZcrKKezL How does the multiDAG affect the COTI token supply? In our original token economy, we explained that it would not have been possible for additional COTI tokens to be created following the genesis transaction due to COTI’s DAG structure and decentralized nature. This was the rationale behind generating an additional two billion COTI to be locked in reserve besides the original two billion that were recently disbursed to the network. At the time, it was of paramount importance for COTI to be able to introduce additional tokens into the supply at a later stage for added liquidity. However, with the introduction of the multiDAG, these reserve tokens are no longer required as by using the multiDAG, it is now possible for each independent Cluster to support one token, making the network highly adaptive and liquid. All Clusters in the COTI multiDAG use the same identification and KYC procedures, which creates one common frictionless crypto universe that includes many different tokens, while of course using the COTI coin as a basis for all network fees. A supply of 2,000,000,000 COTI has already been distributed to the network in line with our token allocation (https://coti.io/files/COTI-Token-Economy-2019.pdf). We will now no longer be generating an additional two billion COTI to be held in reserve. For additional information and our recently updated documents, please refer to our token economy (https://coti.io/files/COTI-Token-Economy-2019.pdf) and technical whitepaper (https://coti.io/files/COTI-technical-whitepaper.pdf). COTI’s IEO will be dropping on KuCoin on 4 June, 2019. For other exciting COTI news, you can stay up to date on our Telegram group (https://t.me/COTInetwork). https://i.imgur.com/uPYVcNS.png https://i.imgur.com/LDAcMgN.png https://i.imgur.com/izXBen0.png https://i.imgur.com/kzC1EMY.png https://i.imgur.com/zJIemCQ.png https://i.imgur.com/csSrUDf.png Talk with us on Telegram (https://t.me/COTInetwork) Official Facebook (https://www.facebook.com/COTInetwork/) Official Twitter (https://twitter.com/COTInetwork) Official Reddit (https://www.reddit.com/r/cotinetwork/) Official Youtube Channel (https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA) COTI Group (https://https://www.linkedin.com/company/coti-ltd/) Title: Re: Introducing the COTI multiDAG! Post by: levyashin on May 26, 2019, 09:29:46 AM Coti is a very promising project I am watching for a long time. MultiDAG also seems solid.
Besides, kucoin is a good choice for ieo and after ieo over would be a good place for listing. Title: Re: Introducing the COTI multiDAG! Post by: cryptonx on May 26, 2019, 11:37:04 AM nice intro for COTI,,
but how much the price each COTI during the IEO period at june 4 this year on kucoin ? thanks Title: Re: Introducing the COTI multiDAG! Post by: Mrsparks on May 26, 2019, 11:47:09 AM Well this is another multidag project with great prospect but my only problem is why take so long before launching? I have heard about Coti since 2018 and yet to launch? I think asides from having IEO on Kucoin, there is no much hype.
Title: Re: Introducing the COTI multiDAG! Post by: pinoy.bolanon on May 26, 2019, 12:05:41 PM Introducing the COTI multiDAG! COTI’s multiDAG (https://coti.io/files/COTI-technical-whitepaper.pdf) is a unique implementation that frees the COTI network from being bound to a singular DAG instance. The COTI MultiDAG ecosystem is similar to Ethereum, in the sense that both are common decentralized infrastructure acting as the basis for a multitude of different tokens and smart contracts while utilising one main coin for payment of fees on the network. This multiDAG feature is currently unavailable on any other DAG-based platforms and is totally unique to COTI! COTI’s selfsame node infrastructure enables the creation of multiple DAGs by originators of varying nature, such as stable coins, dedicated enterprise tokens and more. Because COTI uses several independent clusters that each support one token, the whole network is made infinitely more efficient and modular. In essence, the COTI network will have several independent clusters and tokens built atop the Trustchain, with the COTI native coin used as a common means of payment for all fees and staking inside the COTI ecosystem. https://cdn-images-1.medium.com/max/800/0*VQ9KxN7nZcrKKezL How does the multiDAG affect the COTI token supply? In our original token economy, we explained that it would not have been possible for additional COTI tokens to be created following the genesis transaction due to COTI’s DAG structure and decentralized nature. This was the rationale behind generating an additional two billion COTI to be locked in reserve besides the original two billion that were recently disbursed to the network. At the time, it was of paramount importance for COTI to be able to introduce additional tokens into the supply at a later stage for added liquidity. However, with the introduction of the multiDAG, these reserve tokens are no longer required as by using the multiDAG, it is now possible for each independent Cluster to support one token, making the network highly adaptive and liquid. All Clusters in the COTI multiDAG use the same identification and KYC procedures, which creates one common frictionless crypto universe that includes many different tokens, while of course using the COTI coin as a basis for all network fees. A supply of 2,000,000,000 COTI has already been distributed to the network in line with our token allocation (https://coti.io/files/COTI-Token-Economy-2019.pdf). We will now no longer be generating an additional two billion COTI to be held in reserve. For additional information and our recently updated documents, please refer to our token economy (https://coti.io/files/COTI-Token-Economy-2019.pdf) and technical whitepaper (https://coti.io/files/COTI-technical-whitepaper.pdf). COTI’s IEO will be dropping on KuCoin on 4 June, 2019. For other exciting COTI news, you can stay up to date on our Telegram group (https://t.me/COTInetwork). https://i.imgur.com/uPYVcNS.png https://i.imgur.com/LDAcMgN.png https://i.imgur.com/izXBen0.png https://i.imgur.com/kzC1EMY.png https://i.imgur.com/zJIemCQ.png https://i.imgur.com/csSrUDf.png Talk with us on Telegram (https://t.me/COTInetwork) Official Facebook (https://www.facebook.com/COTInetwork/) Official Twitter (https://twitter.com/COTInetwork) Official Reddit (https://www.reddit.com/r/cotinetwork/) Official Youtube Channel (https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA) COTI Group (https://https://www.linkedin.com/company/coti-ltd/) I am confident that coti will be more powerful coins and the price could be more higher, and also i am thankful because i am one of the recipient of airdrop to this project, hoping that i am right. Good to be part of this project Title: Re: Introducing the COTI multiDAG! Post by: rdewilde on May 26, 2019, 01:43:30 PM Came across the project last year, and have been keeping close tabs. The underlying technologies within Coti makes it unique and thus setting it on the right path to cause the neccessry disruption.
Hoping the team continues in like manner while improving so as to add to the growth of the crypto world. Title: Re: Introducing the COTI multiDAG! Post by: Ifychuks on May 26, 2019, 02:42:55 PM The project is ok, I guess I participated in the bounty way back last year. I haven't really checked up since the. I hope the bounty will be distributed asap and wishh the team succession the forthcoming IEO.
Title: Re: Introducing the COTI multiDAG! Post by: giletto on May 26, 2019, 02:52:56 PM So much hype on this project right from last year and till today, they have successfully built on it as the currency of internet on DAG. I have been following it I look forward to a successful IEO on kucoin.
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