COTI to Conduct Mainnet Upgrade
COTI announces a planned mainnet upgrade set for December 10 at 10:00 AM UTC. The network will pause block production for approximately three hours, while user funds and accounts remain unaffected. An update will follow once all systems are operating normally. Refer to the official tweet by COTI: Scheduled Network DowntimeWe're upgrading COTI Mainnet tomorrow at 10:00 AM UTC 🛠️⇒ Users do not need to take any action⇒ Funds are safe⇒ The network will pause for ~3 hours, no blocks will be created in this time.We’ll post an update once the upgrade is complete and…COTI InfoCOTI is a blockchain protocol that is optimized for decentralized payments and designed for use by merchants, governments, payment DApps and stablecoin issuers.COTI achieves a high transaction throughput by employing a Directed Acyclic Graph (DAG) of transactions known as the Cluster, as opposed to a blockchain which allows users to process a large number of transactions quickly and with low fees.A key feature of COTI is its Trustchain protocol, a trust-based system that helps manage relationships between buyers and sellers. It takes into account user behavior during transactions to assign a Trust Score.COTI also has its native token, COTI, which is used for transaction processing within the network, staking for network participation, and for receiving rewards.