goals they want to reach?
As far as I know, the stablecoin djed didnt work and thus im asking myself whats coti about now?
COTI develops solutions for enterprises and institutions and is currently in its transition to becoming a privacy-centric Ethereum layer 2. Concerning DJED: I don‘t see the statement that DJED apparently doesn‘t work as true. DJED is an overcollaterilzed stablecoin. The overcollateralization mechanism has always worked, DJED hasn‘t lost it‘s peg a single time. What you may critisize is the low supply. This, however can change fast when the bull market gets going. So what is COTI doing right now? COTI is about to launch its first private payment network for an enterprise client in the gaming industry with millions of users. COTI is about to be the first project to implement garbled cicuits with blockchain technology. This cryptographic protocol is superior to any existing privacy solution combining multi-party computation, low latency, low computation requirements, stability and light storage. It will be at least 10 times faster than any existing crypto privacy solution. COTI is also about to become permissionless. COTI will still maintain its focus on enterprises, but then anybode can develop on the COTI blockchain and use its pricacy features.
Any news about the cooperation between Ada and coti?
https://coingape.com/charles-hoskinson-unveils-cardano-djed-stablecoin-revival-plans/amp/
Is there a marketing push planned? As we know Web2 and moreso Web3 are about getting information to the masses, to drive adoption and sentiment
I mean I can only speak for the community, we‘re pushing marketing hard. I can recommend @whoistracer‘s podcast. On Wednesday, 14th February, 7 pm UTC we‘ll dive deeper into COTI V2 and its pricvacy feature. https://www.youtube.com/live/hcF0BAwfk_E?si=H9fB2qhpCzxnHD6f
Ok let's hope word gets out beyond the community. That's the key. A project can have the world's best tech but the market needs to know about it.
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