A privacy-first Layer 2 hits a major milestone faster than Bitcoin ever did. And it did so in stealth mode.
Introduction
The COTI V2 mainnet has now processed over 21 million transactions. That might sound routine in crypto today, but this one deserves more than a passing glance.
“COTI V2 JUST HIT 21 MILLION TRANSACTIONS SAME AS BITCOIN TOTAL SUPPLY
bitcoin took 3.7 years to reach 21m txns
coti did it faster with privacy speed & scale
history isn’t repeating, it’s accelerating"
— Prince Pratap Singh, BD Ambassador at COTI
Source
What makes this number historic is not just its size. It is the pace and principles behind it. For perspective, Bitcoin took over 3.7 years to reach the same number of transactions. COTI got there faster, while offering a privacy-enabled architecture, scalability, and low fees.
This is not just history repeating itself. It is history accelerating.
The Backdrop: From Transparency to Confidentiality
Bitcoin, the OG blockchain, built trust through radical transparency. Every transaction was public, immutable, and verifiable. It worked, but it also exposed every user interaction and opened the door to surveillance and manipulation.
COTI flips that model. Built on Garbled Circuits, it enables developers to build confidential applications. Smart contract logic and inputs can be encrypted. Users not just transact, but also choose to do so discreetly.
This milestone is the result of that quiet infrastructure. It is a network built for real utility, not just visibility.
Under the Hood: What’s Powering These Numbers
A Private Machine That Doesn’t Slow Down
COTI V2 is fully EVM-compatible and engineered with privacy in mind. Developers can build dApps where inputs, parameters, and logic are all hidden. And it runs fast.
No front-running.
No mempool leaks.
No speed penalties for privacy.
Every one of those 21 million transactions was processed using a system where Garbled Circuits are available for confidential computation. It is not an add-on. It is native.
Why It Matters
This milestone proves a few things:
Privacy and performance can co-exist
Confidential computation is possible at scale
Developers are ready to build privately, not just publicly
Blockchains can grow without exploiting user data
And most importantly, users no longer have to choose between speed and security.
A Familiar Story, Now on Fast-Forward
When Bitcoin hit its 21 millionth transaction back in 2012, it had already become the face of financial sovereignty. It took the network over 1,300 days to reach that number.
COTI achieved the same milestone in a fraction of that time. And it did so quietly — without headlines, without mining farms, and without hype. This does not mean COTI replaces Bitcoin. But it shows that the evolution of blockchain infrastructure is no longer slow. We are moving from proof-of-work to privacy-first execution.
Community Signal: Builders Are Paying Attention
This milestone has sparked new energy across COTI’s developer ecosystem. New dApps, stealth tools, and DeFi experiments are appearing on the V2 devnet. Many builders are joining the COTI Builders Program because of the technology’s flexibility and speed.
The Ecosystem Growth Fund is also supporting early teams who want to launch on COTI without worrying about MEV or the need to patch privacy afterward.
How You Can Explore or Build
Track the mainnet: mainnet.cotiscan.io
Read the docs: docs.coti.io
Apply for grants: coti.io/builders
Join the Telegram: COTI Network
Follow updates: @COTInetwork
Sources and References
Prince Pratap Tweet- https://x.com/princeprataps_/status/1918552109949100529
COTI V2 Explorer- https://mainnet.cotiscan.io
COTI Whitepaper-
Bitcoin Transaction History- https://bitinfocharts.com/comparison/bitcoin-transactions.html
Closing Thoughts
Twenty-one million used to be a big number in crypto. It still is, especially when it comes with scalability and privacy built in.
COTI’s milestone is more than a number. It is a sign that a new kind of blockchain is already live. One that values discretion over display and strength over spectacle.
History is not repeating itself. It is accelerating.
