COTI Community has introduced that the protocol will bear a tough fork, throughout which they may deploy MultiDAG 2.0 – the long-awaited replace that may see the protocol transition to a multi-token layer.
- In accordance with the official release, COTI Community is to bear a tough fork throughout which MultiDAG 2.0 can be deployed.
- What’s cited as “the most important leap in COTI’s historical past” is meant to show the protocol right into a multi-token layer as an alternative of a single forex infrastructure.
- The MultiDAG 2.0 protocol is designed to permit for branded enterprise tokens to be generated and minted on prime of COTI Community’s Trustchain.
- Talking on the matter was Shahaf Bar-Geffen, CEO at COTI, who mentioned:
CMD, the New Token Customary for COTI, represents the MultiDAG 2.0 launch and is probably the most vital milestone for COTI. By supporting issuance of tokens on prime of our protocol, we’re engaging in our imaginative and prescient in turning into the enterprise layer 1. Years of onerous work have culminated on this game-changing occasion and I can’t wait to see extra enterprises utilizing COTI’s expertise.
- Node operators are imagined to replace their nodes by August 2nd, and the hard-fork testnet deployment of MultiDAG 2.0 will start on this date.
- The mainnet deployment is predicted to occur in a couple of month later.
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