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Istanbul
2 Level
18 Review
95.5 Karma

Review on COTI by Berat AKIN

Revainrating 5 out of 5

COTI Review

COTI is a system established to create a unique blockchain-based payment system. It is a project that aims to be a solution to problems such as high fees and long transaction times, which are common in the traditional financial system. In summary, it was intended to create a decentralized payment system. If we give an example of the original steps they took in line with the principles of solving traditional problems, the last action on this system must verify the two previous transactions. This is a method that helps users gain speed. It is a team product that has determined to be a payment system as its main goal and strives to be a solution to the problems in this area. I think it is a very well thought and idealistic project. The transaction fees are also really low. There are many reward systems for the system to be spread among users. It's a system that I really like in terms of mission and operation. I recommend you use it.

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Pros
  • Problem solving oriented
  • Innovator
  • Reliable
  • Very low transaction fees
  • One of the best cryptocurrency payment options
Cons
  • They haven't reached their target level yet