Coti Launches MultiDAG 2.0 to Accelerate Crypto Payments Adoption

• Coti announced the successful hard fork event – MultiDAG 2.0 – that aims to transition the ecosystem from a single currency infrastructure to a multi-token network.
• The Mainnet was launched on December 29th and Explorer 2.0 and Bridge 2.0 wallet app were also deployed.
• The launch of MultiDAG 2.0 will increase the growth of the widespread adoption of crypto payments for enterprises that are yet to adopt crypto payment solutions.

On Thursday, blockchain protocol Coti announced the successful hard fork event – MultiDAG 2.0 – that will transition the ecosystem from a single currency infrastructure to a multi-token network. The Mainnet was launched on December 29th and was accompanied by the deployment of Explorer 2.0 and Bridge 2.0 wallet app.

The Coti team said that the launch of MultiDAG 2.0 is a massive step for the crypto industry, as it will increase the growth of the widespread adoption of crypto payments for enterprises that are yet to adopt crypto payment solutions. The hard fork event will enable Coti to create a multi-token network, which will allow individuals and institutions to transact with multiple types of digital assets on the platform.

The MultiDAG 2.0 will also introduce a new consensus mechanism called DAG-Mining. This consensus mechanism is based on a decentralized, distributed ledger that can process thousands of transactions per second and is more secure than a traditional blockchain. Additionally, the protocol allows users to stake their COTI tokens and receive a reward for their contribution to the network.

The Coti team believes that the launch of MultiDAG 2.0 will make it easier for users to use digital assets on the platform, as well as make it easier for enterprises to adopt crypto payments. The protocol also offers a number of features such as instant payments, low transaction fees, and an intuitive user interface.

With the launch of MultiDAG 2.0, Coti is hoping to become the go-to platform for crypto payments and asset management. The team believes that the hard fork event will help create a new and innovative ecosystem that will make using digital assets easier and more secure.