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Introducing Interphase The Privacy Layer for All Money Interphase is the flagship app on the COTI protocol, and the first step in bringing private programmable money to everyday users. Its dedicated page is now live, setting out how it works and the roadmap ahead. > Interphase serves as the...

39,933 Aufrufe • vor 9 Tagen •via X (Twitter)

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Introducing COTI 2.0 Private Programmable Money COTI shifts into its next phase, with a new website to match. > Same foundation. Bolder vision. 1. The Vision The world's money will soon move the way information does, on open networks. But those networks are public, and nobody wants to run their finances in public. COTI is now critically tasked with changing that. Its mission is to make private programmable money the global standard, so institutions, businesses, developers and individuals can hold, move and settle value on public blockchains, confidentially. COTI exists to champion this cause. 2. The Foundation Since 2017, COTI has built the privacy technology this next phase runs on. It was the first network to run garbled circuits in production, computing directly on encrypted data so inputs stay encrypted from submission to settlement. Its institutional-grade technology has been developed across leading institutions: 1. European Central Bank 2. Bank of Israel 3. Input Output Global (IOG) 3. Privacy-on-Demand Privacy-on-Demand serves as COTI's privacy layer for other blockchains. It allows applications to keep their users and assets on their existing chain, while COTI handles the private computation. Avalanche was the first network to bring it to production. Since September 17, applications on Avalanche have been computing on confidential data, and users have been shielding AVAX and USDC through the Privacy Portal. Expansion to further networks is a core part of the roadmap. 4. New Products At the centre of COTI 2.0 are two new products, designed to keep transactions private when moving money between blockchains, and when spending it in day to day life. 1. Interphase - The flagship. It serves as the global privacy layer for moving assets between blockchains, and executing confidential, unlinked transfers across 30+ major networks. 2. COTI Global - A new central application, which allows COTI to be spent as a privacy payment rail for everything in day to day life. 5. What's Next The new website and public roadmap are the first of several major upgrades coming this month.

COTI Foundation

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TL;DR - Privacy on public blockchains has historically been fragmented and episodic. Umbra introduces persistent, expressive privacy by default. - Umbra is a private financial layer on Solana, enabling private transfers, swaps, balances, and yield within a continuous shielded environment. - Umbra combines client-side zero-knowledge proofs for anonymity with MPC for confidentiality - MPC enables confidential balances via Encrypted Token Accounts (ETAs), hiding balances and transfer amounts - Privacy strength depends not only on cryptography, but on anonymity set size and user behavior. - Umbra treats anonymity sets as a first-class metric and designs the product to minimize behavioral privacy failures. - A multi-purpose shielded pool allows funds to remain private across transfers, swaps, and yield, compounding privacy over time. - The Umbra SDK allows wallets and applications to integrate private transfers, swaps, and balances, feeding activity into a shared shielded pool. - Swaps execute via public liquidity venues while identity, balances, and intent remain unlinkable. - Users can earn yield on shielded assets, incentivizing longer time in the private environment. - Umbra mitigates exit-related privacy risks through product design, including anonymity indicators, configurable unshielding delays, and confidential balances. - UTXO-based shielded systems suffer from performance decay as balances fragment into many notes over time, increasing scan and aggregation costs. - Umbra eliminates this bottleneck by consolidating balances into Encrypted Token Accounts (ETAs), using UTXOs only at the anonymity boundary. The result is encrypted balances with stable, high-performance transfers even as activity scales. - Compliance is addressed through proactive screening against risk databases and opt-in selective disclosure via read-only viewing keys. - Umbra was launched via MetaDAO as an ownership coin, with governance and economic policy determined by token holders through futarchy. - Umbra is not a mixer or a single feature, but a sovereign privacy domain with its own private state and internal economy. - Umbra is Hopecore for Privacy. Thank you all for reading!

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