of development is there on the Coti chain and on the ERC20 Chain?
I'm already speaking plainly 😂. On Ada, they've worked on Djed, an overcollateralized stablecoin; and are continuing work on it. On ETH, they're transitioning their current native chain to become a privacy centric L2 on Ethereum that will offer solidity devs the ability to build faster Dapps with less computational power and the ability to protect privacy of users when needed.
Can you please explain on Layman's terms? thanks kindly. Why so complicated sir?
On Ada, they make Djed, a strong coin. On ETH, they change their chain to be secret L2 coin. It help make fast Dapps, use less powa, and keep user secrets.
can you explain that in gym rat terms?
So on DJED is it built on Cardano blockchain? So the ERC20 side is not active? Is it even in testnet?
1. Yes 2. Not yet, follow the roadmap: https://medium.com/cotinetwork/how-coti-is-gearing-up-for-2024-and-beyond-e0d465794767
Yeah read that They have launched a token years ago, time to deliver something. Cardanos impotence has passed over to Coti it seems
I would had agree with the latter part if they haven't switched gear into Ethereum.
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