COTI (Currency Of The Internet, English equivalent "Currency of the Internet"), is the first enterprise-level fintech platform that authorizes organizations to digitize any currency to save time and money by creating their own payment solutions. It aims to establish a decentralized and scalable payment network to facilitate efficient global trade.
COTI combines distributed ledger technologies with traditional payment solutions; aiming to create a new generation decentralized payment solution that is trust-based, instant, and cost-effective.
The COTI network uses a transparent and fair fee model that ensures all fees are distributed and balanced among network participants. COTI's node manager enables everyone to join the network as a node operator and to run any type of node.
The COTI platform, optimized for creating price-stable tokens, allows companies to easily build an advanced fintech structure, saving money, data, and time. With COTI, you can issue your own named stablecoin, having full control over your money and data.

Stablecoins are designed to minimize, and even eliminate, price volatility in cryptocurrencies. COTI provides the technology needed to empower stable currencies with their own named stable tokens that customers can trust. Companies can adjust stability mechanisms based on any asset they choose.

COTI is a high-performance cryptocurrency built on top of its base layer protocol. This cryptocurrency is used as a common means of payment for all fees, including those within the stake. All fees in the COTI ecosystem are paid with COTI coin.

During the formation stages of the network, the total COTI token supply is capped at 2,000,000,000 COTI. Due to the Directed Acyclic Graph (DAG) structure and the decentralized nature of the COTI network, the creation of additional COTI coins is not possible after the formation process.

COTI provides the following 7 key elements for an excellent payment infrastructure:

COTI has developed a Blockchain-based loyalty network to retain profits and customers. This allows users to be rewarded with loyalty tokens added to their wallets, while businesses can create new revenue streams.

At the heart of the COTI infrastructure lies Trustchain, a proprietary consensus algorithm based on machine learning that assigns trust scores to transactions and clusters them in chains, significantly reducing transaction costs and increasing transaction speed.
Trustchain is situated on a multi-DAG (directed acyclic graph) data structure that works together to increase scalability, processing over 100,000 transactions per second (TPS).

DAG (directed acyclic graph), whose Turkish equivalent is “directed acyclic graph,” is a type of infrastructure very suitable for payments due to its scalability and low transaction costs. COTI's DAG-based protocol combines infrastructure, services, and application layers to create a modular and fully customizable holistic payment solution.
COTI's innovative DAG ledger and algorithm based on machine learning, while providing price stability mechanisms and buyer-seller protections, address current Blockchain deficiencies by processing over 100,000 TPS.
COTI's DAG-based decentralized ledger ensures scalability through parallel resource selection and Trust Scores. The higher a user's Trust Score, the faster the confirmation time.

COTI offers decentralized on-chain smart contracts for DAG, a first of its kind. All smart contracts are recorded and validated several times by various full nodes before approval. Moreover, COTI MultiDAG enables the creation of high-performance stablecoins along with the possibility of COTI smart contracts and multiple formation transactions.

COTI has established network security mechanisms to monitor, detect, and defend against potential attacks. An example of such a mechanism is COTI's "Double Spending Prevention" (DSP) mechanism. COTI also introduces new protocols to address disputes that may arise during transmission. Dispute resolution is facilitated through the use of an arbitration service.

The COTI network uses a transparent and fair fee model. All fees (fee) are collected by full nodes. The COTI network receives a portion of the fees collected by full nodes to support infrastructure technologies like "Double Spending Prevention Nodes" and "Trust Score Servers."
When the network is first created, a portion of all produced COTI's is set aside as a Reserve Fund for payment. Therefore, the network fee is set to zero during the transaction. After this period, fees will be low due to its decentralized structure.
Each node receives a fee, partly determined by the node itself. Some nodes may set a higher fee if they believe they are providing a good service. On the other hand, some nodes may charge less or not at all. Fees set by nodes must be fair, public, and in compliance with common rules. The network has defined a ceiling limit for fees, but there is no minimum fee.