COTI integrates MetaMask to enable private token transfers

In this post:

• COTI will allow its users to connect, view, send, receive, and manage private tokens directly through MetaMask.
• The firm said the integration allows COTI Snap to give MetaMask the ability to handle private transactions and token balances.
• COTI will also launch a giveaway that includes LOOT tokens, set for all COTI holders with a balance above 1,000 COTI.

COTI on Monday revealed that for the very first time, its users can now connect, view, send, receive, and manage private tokens directly via MetaMask. The firm argued that private tokens give individuals and businesses the privacy they require to operate securely in Web3.

The initiative aims to focus on selective disclosure and permissioned privacy to deliver confidential payments. COTI said confidential payments will be included in private stablecoins, private DeFi strategies, DAO governance voting, supply chain settlements, and identity credentials.

COTI seeks to maintain users’ privacy 

The fintech company acknowledged that privacy can be used to protect sensitive data, prevent front-running, and enable selective disclosure for compliance. COTI’s recent initiative reflects its ongoing efforts to bring privacy and private tokens into the mainstream. The firm said it aims to make private tokens accessible to users and developers through the most widely used wallet in Web3, MetaMask.

COTI revealed that the privacy integration will be via a MetaMask Snap, which is a secure MetaMask extension that adds new capabilities to users’ wallets. The firm said the integration allows COTI Snap to give MetaMask the ability to handle private transactions and token balances.

Users can connect to the COTI Snap through the COTI Snap Integration Page at metamask.coti.io and click Connect to MetaMask. They can then approve the Snap installation when prompted and add their preferred wallet address to send or receive private tokens.

COTI revealed that the firm will be dropping a giveaway that includes private LOOT tokens. The giveaway is set for all COTI holders with a balance above 1,000 COTI. The firm also disclosed that the first 100 wallets to send the LOOT tokens back to 0x0bf9c.. using the new MetaMask Snap will receive 500 COTI tokens each.

COTI argued that the initiative to collaborate with MetaMask lays the foundation for an on-chain privacy ecosystem that is both production-ready and user accessible. The fintech company said the collaboration will offer users seamless interaction with privacy tokens and a better wallet UX for developers building privacy-centric dApps. The initiative is also aimed at offering a more secure and private experience in Web3, without users sacrificing usability.

COTI upgrades its mainnet 

The initiative comes as COTI underwent an automatic network upgrade last week. COTI acknowledged that the upgrade included significant protocol-level enhancements and also introduced the first formal hard fork of the COTI network, Hydrogen. The hard fork comes with a flurry of backend improvements focused on stability, cryptographic security, and long-term maintainability.

COTI added that it implemented crucial refinements to both its MPC (Multi-Party Computations) and gcEVM components after a comprehensive audit earlier this year. The firm acknowledged that the changes ensure it continues to lead with private, enterprise-ready infrastructure that is efficient in execution and secure at the core.

The firm upgraded MPC by introducing safer file-handling mechanisms, reinforcing the randomness used in cryptographic operations, and improving memory hygiene by ensuring sensitive data is eliminated from memory during cleanup. COTI also upgraded gcEVM by tightening protocol validation, improving error-handling within opcode execution, and streamlining block processing.