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

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

Keepsolid launches KS COIN: Loyalty encryption through actual utility token benefits

August 14, 2025

XRP struggles for $ 3: Do Whale Offroads attract it lower?

August 7, 2025
Add A Comment

Comments are closed.

Recent Posts

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 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

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025
Most Popular

Libra Founder David Marcus Endorses Trump After ‘Gradual Political 180’

August 1, 2024

$113,000 spent on gas, tokens “solid” in minutes

February 14, 2024

ETH speculators keep Ethereum price at $3,000 to prevent a rebound.

May 12, 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.