Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Small-cap altcoins surged more than 40% in 24 hours amid efforts to transition to privacy-focused Ethereum layer-2.
ALTCOIN NEWS

Small-cap altcoins surged more than 40% in 24 hours amid efforts to transition to privacy-focused Ethereum layer-2.

By Crypto FlexsFebruary 11, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Small-cap altcoins surged more than 40% in 24 hours amid efforts to transition to privacy-focused Ethereum layer-2.
Share
Facebook Twitter LinkedIn Pinterest Email

The small-cap altcoin is soaring 40% as it upgrades to the privacy-focused Ethereum (ETH) Layer 2 (L2) blockchain.

In a recent article, the development team at decentralized payments platform Coti (COTI) revealed that they had successfully upgraded the project to become a privacy-centric layer 2 (L2) for the second-largest digital asset by market capitalization.

“Upgrading COTI to Ethereum’s privacy-centric L2 represents the most ambitious pivot the ecosystem has ever seen…

After months of development, we are pleased to announce that we have achieved an important milestone: the successful design and integration of the COTI V2 Multi-Party Computation (MPC) protocol.

Multi-Party Computation (MPC) is an innovative branch of cryptography that uses cryptographic protocols to allow a group of parties to jointly perform computations without disclosing their private inputs to each other.

“This process is inherently designed to protect the data confidentiality of each participant throughout the computational steps.”

With the update, COTI saw the price of the cryptocurrency asset rise from $0.0597 on February 5 to a high of $0.1067 on February 9, a gain of over 78%. COTI has since stabilized and, at the time of writing, is trading at $0.0999, up about 40% in the last 24 hours.

According to the COTI website, the protocol’s mainnet is expected to launch during the fourth quarter of 2024.

The upgrade was first announced in December. At that time, the COTI Foundation said The point is that updates will be much faster and lighter than zero-knowledge (ZK) solutions, which prove knowledge of specific data without revealing the information.

“In the largest upgrade of our infrastructure to date, we are deploying Ethereum L2 and using new technologies that are 10 times faster and lighter than ZK solutions.”

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025
Add A Comment

Comments are closed.

Recent Posts

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025
Most Popular

Solana’s ‘Chapter 2’ cryptocurrency phone pre-orders reach 60,000 units

February 5, 2024

Worldcoin announces circulating supply update and sale to trading companies.

April 24, 2024

Ethereum (ETH) investors pave the way for a new era

March 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.