COTI is a payment transaction network supported by a native digital currency. By combining the best of traditional payments with the best of distributed ledger technology, COTI aims to set the standard for how payments should work in the digital currency era, faster, easier, more cost-effective and more reliable.
|1 COTI  ||=||  $0.085 USD|
|1 COTI  ||=||  0.000013 BTC|
|1 COTI  ||=||  0.0003 ETH|
• Low-to-zero fees translate to higher profits
• Increased cash flow due to instant settlements
• Reduction in unnecessarily declined transactions (false positives)
• Equitable chargeback mechanism
• Micropayment processing
• Secure and private payment network
• Full KYC and AML regulation
• Buyer-seller protections
• Instant payments
• Simple peer-to-peer (P2P) payments
• No need to give away personal details to merchants
As an infrastructure protocol based over DAG, COTI offers a highly adaptable solution to leverage the scalability created by the DAG and ranking engine while ensuring equitable operations within the arbitration layer. The Trustchain replaces third party centralized trust with a proven mathematical algorithm, thus enabling value to be exchanged as safely and efficiently as information is exchanged on the Internet.
The Cluster, COTI’s distributed ledger, is based on a directed acyclic graph (DAG) data structure. The COTI simulation is the mathematical model of the Cluster using COTI’s base protocol. The flow of new transactions has been modeled using the Poisson process. Each new transaction utilizes the Source Selection Algorithm to select two sources, or points that have no inbound transactions in the DAG. It then validates those sources and becomes a source itself. To reach transaction consensus, we need to find the heaviest cumulative Trust Score chain or the Trustchain as we call it. If the cumulative Trust Score of the Trustchain has surpassed a predetermined threshold, then the transaction will have reached Trustchain consensus and can be confirmed.