Coti V2 Devnet Goes Live, Grants for Builders Up to $50 Million

IconCryptoNewsTerminal Staff21 May, 2024

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Coti V2 Devnet Goes Live, Grants for Builders Up to $50 Million

Coti, a prominent blockchain development company, has launched the Coti V2 Developer Network (devnet) through X. Coti V2 devnet will enable developers to build and test their projects on the Coti network. The devnet will provide access to the latest features and functionalities of the Coti platform, including its consensus algorithm and smart contract capabilities. In addition to launching the devnet, Coti has also announced a $50 million grant program for builders. The grant program will provide financial support to developers who are building innovative projects on the Coti network. Coti is a layer-one blockchain protocol that is designed to be scalable, secure, and affordable. Coti's unique consensus algorithm, called the Trustchain, allows the network to achieve high throughput and low latency while maintaining security. The launch of the Coti V2 devnet and the $50 million grant program is a significant milestone for the Coti project. It will provide developers with the resources they need to build innovative projects on the Coti network and help Coti achieve its goal of becoming a leading blockchain platform.