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Transformative Shift: COTI Leads the Future of Privacy with Ethereum Layer 2 Adoption

million, to fuel the holistic development of its ecosystem. This initiative is designed to support projects and developers who are aligned with COTI's mission of enhancing privacy, security, and scalability within the Ethereum ecosystem. The Ecosystem Growth Fund represents a significant investment in the future of blockchain technology and underscores COTI's dedication to fostering innovation and growth within the industry. Advancing Privacy with Garbling Circuits Technology COTI's transition to Ethereum Layer 2 signifies a strategic shift towards scalable privacy solutions within the blockchain space. The adoption of Garbling Circuits technology enhances the speed, efficiency, and security of COTI V2, positioning the firm as a pioneer in privacy-focused initiatives. Garbling Circuits technology opens doors to a wide range of applications, including privacy-preserving wallets, decentralized exchanges (DEXs), private AI training, governance mechanisms, and more. Part

Unveiling the Evolution of Quantum Cats: Taproot Wizards' Innovative NFT Collection

Taproot Wizards, a developer paying homage to the early Bitcoin code by Satoshi Nakamoto, is set to launch a new collection of NFTs on the Bitcoin blockchain. The collection, known as Quantum Cats Ordinals, is a unique offering that ties back to the OP CAT op code in Bitcoin's genesis. Here are the key points surrounding this innovative project:

OP CAT and Bitcoin Improvement Proposal (BIP)

  • OP CAT, short for "concatenate," was originally introduced by Satoshi in the early days of Bitcoin but later disabled.
  • The OP CAT BIP facilitates the creation of covenants, enabling the development of smart contracts and bridges on the Bitcoin network.
  • The potential of making Bitcoin quantum-resistant through OP CAT inspired the naming of the collection as Quantum Cats.

Quantum Cats Collection

  • The Quantum Cats collection consists of 3,333 cat images minted using Ordinals Inscriptions.
  • Costing $66,000 to create, the collection utilized a technique called Evolving Inscriptions to imbue the cats with multiple evolutions over time.
  • Despite the significant cost, the collection boasts 10MB of encrypted on-chain data, surpassing the regular Bitcoin block capacity of 1MB.

Evolutionary Process

  • The encrypted data ensures that the future evolutions of the cats remain hidden until they are revealed.
  • All evolutions were predetermined and committed to on-chain, meaning that once inscribed, the evolution process is immutable.
  • Taproot Wizards emphasized that the evolution of the cats is entirely transparent and irreversible post-inscription.

Genesis Cat Auction

  • A special edition of the Ordinal collection, titled "Genesis Cat" by digital artist FAR, is currently up for auction at Sotheby's until January 22.
  • This unique NFT offering showcases the creativity and innovation behind the Quantum Cats project, bridging art and blockchain technology seamlessly.

In summary, the launch of the Quantum Cats Ordinals collection by Taproot Wizards exemplifies the fusion of art, technology, and blockchain advancements. The meticulous planning and execution of the project underscore the commitment to transparency and innovation within the NFT space.

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