Demex Daily #87: COTI's Surge with MPC Privacy Boost on Ethereum L2

What’s Interesting Today:

COTI's token price jumped after integrating its Multi-Party Computation (MPC) protocol into Ethereum's Layer 2, enhancing privacy and security. This integration allows for private computations without revealing data, marking a crucial step towards launching COTI V2. The MPC technology supports diverse dApps by maintaining confidentiality during computations. This development signifies COTI's progress in offering a privacy-focused solution on Ethereum, with further updates anticipated throughout the year.

The Tezos blockchain implemented its fifteenth upgrade, known as 'Oxford 2', which adds private smart rollups for enhanced developer security, streamlines the staking process for validators, and modifies slashing penalties. This upgrade precedes the launch of Etherlink, an EVM-compatible Layer 2 solution on Tezos utilizing Smart Rollups, set to debut on the main net next month.