This Is the Reason Why COTI Price Doubled in a Week COTI to moonCOTI has seen its value surge significantly during the past week thanks to the notable developments within its ecosystem.Indeed, COTI experienced a remarkable surge of over 100%, climbing to a peak of $0.21 at the time of reporting.Why COTI Price DoubledThis surge correlates with the recent unveiling of a privacy-enhancing feature on the COTI blockchain, Garbled Circuits. On February 20, the Foundation announced a breakthrough in blockchain encryption, addressing previous hurdles. COTI highlighted significant improvements, boasting computation speeds 1,000 times faster than conventional Fully Homomorphic Encryption (FHE) systems and a storage footprint 250 times smaller than alternative solutions.Moreover, Garbled Circuits offer the advantage of handling transactions affecting private states shared among multiple parties, unlike Zero-Knowledge (ZK) solutions, while mitigating single-point-of-failure risks associated with Trusted Execution Environment (TEE) solutions.According to the Foundation, Garbled Circuits have the speed and computational power to run efficiently on the blockchain, making it the perfect choice for the COTI V2 privacy-preserving solution.
