Cryptocurrency and blockchain developer COTI has announced a launch of its trustchain protocol AlphaNet that should become an end-to-end solution for enterprises, merchants, payments apps’ developers, and stable coin issuers.
As it was stated in the press release, the algorithm developed by COTI will prevent network spamming and help to balance incentives for network participants.
The Trustchain is designed to consider the Trust Scores of various users in order to evaluate the level of proof of work (PoW) necessary to confirm a transaction. Depending on the user’s Trust Score, the transaction can confirm in a much faster time.
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