COTI

We are excited to announce our partnership with MyEtherWallet, the first wallet on Ethereum. This collaboration will integrate COTI’s groundbreaking privacy layer into both MyEtherWallet and Enkrypt, bringing enhanced privacy features to over 3 million active users!MyEtherWallet (MEW), is taking a bold step toward the future of blockchain privacy. Following the launch of the <a href="https://medium.com/cotinetwork/ignition-coti-testnet-is-live-05392209b5f2" rel="noopener noreferrer nofollow">COTI testnet</a> last month, MEW will soon become the first wallet provider to fully integrate with COTI, offering seamless privacy features within their wallet products.This partnership will leverage the power of COTI’s on-chain implementation of Garbled Circuits, an extremely fast and light form of encryption that can be used to enhance on-chain privacy, with significant performance enhancements over existing solutions. MEW’s integration with COTI will set new industry standards for privacy and strengthen the position of MEW as one of the most trusted names in the Ethereum ecosystem.Shahaf Bar-Geffen, CEO of COTI, added:“Our partnership with MyEtherWallet is a significant step for on-chain privacy. By integrating COTI’s Garbled Circuits technology, MEW can, for the first time, offer users advanced privacy features at scale, without compromising usability. Our collaboration will set a new standard for secure, confidential transactions in Web3, empowering users to control their financial privacy while maintaining the transparency of the blockchain.”Setting New Standards for Web3 WalletsMyEtherWallet has always prioritized privacy, maintaining its non-custodial approach since its launch in 2015. As the first Ethereum wallet to hit the market, MEW has consistently upheld its best-in-class UI, whilst never wavering from its mission to protect user data privacy.MyEtherWallet currently has 3 million active users and the company’s multi-chain wallet, Enkrypt, has attracted an additional 200,000 users since its launch in 2022.Now, as a continuation of their commitment to privacy and an exemplary user experience, MEW will collaborate with COTI to explore what best-in-class UI/UX for privacy features should look like. Since COTI is the first chain to handle privacy at scale, there is no standard approach for this type of in-built functionality. We are excited to work with MEW to establish that benchmark, to be implemented in MEW and Enkrypt wallets.Kosala Hemachandra, CEO and Founder of MyEtherWallet, said,“MEW began in 2015 as a way to provide an easy-to-use blockchain interface to a vibrant crypto community that lacked the necessary tools. Through the years, we’ve continued to put users first, and with Enkrypt we focused even more on helping new networks and communities grow. In our partnership with COTI, we are excited to explore what best-in-class UI will look like for both experienced and beginner users who value self custody and privacy above all.”The New Privacy NarrativeAs the industry matures, users are demanding confidentiality and the security that it provides. The partnership between MEW and COTI is a natural step forward in delivering on that demand, but it represents a much bigger leap for Web3. A new narrative is emerging in the evolution of Web3, one where privacy and decentralization can coexist.Currently, blockchain transparency comes at a cost to user privacy. Anyone can examine any Ethereum wallet using block explorers like Etherscan. This level of transparency, while beneficial for some use cases, can be problematic for users seeking financial privacy. MEW’s integration of COTI aims to address this issue head-on. The best part? This privacy feature is optional, bringing the exciting ability for users to reveal or mask transactions entirely.Is your project looking to deploy private wallet solutions? Learn more about our <a href="https://youtu.be/AvEBZp4Uv_Y?feature&#61;shared" rel="noopener noreferrer nofollow">groundbreaking technology</a>. Or jump straight to our docs to <a href="https://docs.coti.io/coti-v2-documentation" rel="noopener noreferrer nofollow">start building</a> confidentiality features into your blockchain applications today.Join us in shaping the future of Web3 privacy today. For all of our updates and to join the conversation, be sure to check out our channels:Website: <a href="https://coti.io/" rel="noopener noreferrer nofollow">https://coti.io/</a>X: <a href="https://twitter.com/COTInetwork" rel="noopener noreferrer nofollow">https://twitter.com/COTInetwork</a>YouTube: <a href="https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA" rel="noopener noreferrer nofollow">https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA</a>Telegram: <a href="https://t.me/COTInetwork" rel="noopener noreferrer nofollow">https://t.me/COTInetwork</a>Discord: <a href="https://discord.gg/9tq6CP6XrT" rel="noopener noreferrer nofollow">https://discord.gg/9tq6CP6XrT</a>GitHub: <a href="https://github.com/coti-io" rel="noopener noreferrer nofollow">https://github.com/coti-io</a>

COTI and MyEtherWallet Partner to Offer Privacy Features to MEW & Enkrypt Users

COTI

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