COTI is a fully encompassing “finance on the blockchain” ecosystem. It is built on DAG technology and designed to meet the challenges of traditional finance.

COTI

whitepaper

Introduction

Trust Score of transactions in the Cluster

Source Selection

Source Selection Algorithm

Attachment Process

Trustchain consensus

Balance Check

The Trust Chain Algorithm

An additional dimension of the protocol

Smart contracts

Stablecoins

Dedicated coins

MultiDAG

Accounts

Transaction structure

Fees

Multisig accounts

Rolling Reserve

Anatomy of a Payment

Trust Scores in common

Uses and Implications of the Trust Score

Trust Score types

Trust Score ranges

Decentralised design of Trust Score Nodes

Data used by the Initial Trust Score Algorithm for a user

Data used by the Initial Trust Score Algorithm for legal entities

Data used by the Initial Trust Score Algorithm for merchants

Data used by the Initial Trust Score Algorithm for robots and IoT devices

ITSA dataflow

Initial Trust Score Algorithm

Trust Score Update Algorithm

Data for the Current Trust Score calculation

Current Trust Score calculation

Calculation of Trust Scores by the Trust Score Nodes

Trust Scores for Nodes

Trust Score

Wallets

The Nodes

Servers

Network Components

Memory hard PoW

How is the PoW in COTI better?

COTI (AlphaNet) PoW

The PoW Algorithm in a Nutshell

Normalising TS + DL

Scaling Difficulty

Proof of Work

DSP Consensus

The Double-spend Prevention Mechanism

The creation of a DSP Node

Double spend prevention and DSP Consensus

The Clusterstamp

Mathematical framework

Performance Analysis

Simulations

Performance Investigation

Double-Spend Prevention

Penny-spend Attack/Transaction Flood

Sybil Attack

Man-in-the-middle Attack

Malicious Node Attack

Denial of Service (DDOS) Attacks

Distribution of Software Patches

Possible Attacks

Future development

Appendices

Appendix Simulation Results

Arbitration and Game Theory

COTI's Arbitration Service

Schelling Point

Principles

Arbitration Process

Privacy

Drawing jurors

Votes

Arbitration fees

Appeals

Incentive system

Dispute overview

Project description

Credit not processed

Duplicate

Fraud

General

Product or service not received

Unacceptable product

Subscription cancelled

Unrecognised

How evidence submission works

Cases

Decentralised governance

Arbitrators

Arbitrator jury

Merchant rolling reserve

Arbitration rules

Jurisdictions

Policies

Dispute attestation

Dispute influence on Trust Scores

Appendix COTI's Arbitration System

The Trust Chain Consensus

COTI Whitepaper