Coti starts his Mainnet 2.0 on November 2, 2021

Coti starts his Mainnet 2.0 on November 2, 2021

The digital fintech platform Coti (Currency of the Internet) has announced that it will start your long-awaited Mainset 2.0 next month.

Coti Mainnet 2.0 goes live

The company shared the news about the upcoming start of the Mainset version 2.0 with crypto meal , which says that the upgrade will offer scalability and speed as well as an optimal Coti platform.

"The publication of Mainnet 2.0 will enable the COTI network to continue to grow and to support a wide range of financial technologies and applications for companies and dealers as well as for COTI users," says the project.

According to the announcement, the new version of the network has been in progress for over a year and has many resources, including thousands of hours of working that are used to ensure that the upgrade is successful.

In particular, Cotis commitment to the development of its Mainset 2.0, since the upgrade will go live on November 2, 2021 at 2 p.m. UTC.

After the introduction, users can use the new service that is intended to offer improved and reliable digital platform without the need for technical previous knowledge.

increase in transaction speed

Although the Trustchain infrastructure of Coti, which is integrated into the current Mainnet, is able to process over 100,000 transactions per second (TPS), the project has made significant changes to its database in order to achieve faster transaction processing in version 2.0

Some of the updates of the database to improve the transaction confirmation speed were carried out on the memory engine RocksDB of the network and the queue management system.

The upcoming upgrade will also fix some of the errors found in the current version.

In preparation for the publication, Coti found that it has successfully carried out a pilot program by moving its node operators into the test network of the new version to ensure a smooth transition if it is officially migrated to Mainnet 2.0.

Coti offers payment services for customers

Development comes less than a month after Coti with its customers in partnership, simplex To provide bank accounts and visa debit cards.