Avalanche Integrates COTI's Privacy-On-Demand Service and Welcomes New Validator
Avalanche has integrated COTI's Privacy-on-Demand service and the Privacy Portal, introducing encrypted token transfers into its network.
This innovation enables users to privately store, send, and receive supported assets within Avalanche. The encryption is made possible through Multi-Party Computation that utilizes Garbled Circuits cryptography, allowing computations without revealing transaction information.
COTI's system is 3,000 times more efficient and 250 times lighter than other privacy systems, according to the company.