Accounts

Accounts are the central starting point when interacting with the COTI network and using COTI Services. A COTI account is an entity, a distinct object type, stored in the ledger, that holds coins. Accounts can hold the native COTI coin (COTI), custom fungible, and custom non-fungible tokens (NFTs) created on the COTI network.

The COTI native coin COTI is a utility coin primarily used to pay for transactions and gas fees when interacting with the network.

You interact with the network by submitting transactions that modify the ledger's state or submitting query requests that read data from the ledger. Most transactions and queries have a transaction fee that is charged in COTI.

Creating an account

The easiest way to create an account is by running an existing test from one of the COTI SDKs. If your .env file doesn't contain an account, one will be automatically created. Run one of the following tests to create an account.

Hardhat

Running tests will create an account automatically. The account will be saved to the .env file and will need to be funded. Use the COTI Faucet to request devnet/testnet funds.

1. Install dependencies

   yarn

2. Build and compile contracts

   yarn build

3. Run tests

   yarn test

See the Hardhat Readme for more info.

Python SDK

Run the native_transfer.py script, it will transfer a small amount to a random address - demonstrating standard native transfer . Use the COTI Faucet to request devnet/testnet funds.

It will create a new EOA (you will see your public address in the script output), and an ACCOUNT_PRIVATE_KEY will be recorded in the .env file.

See the Python SDK Readme for more info.

Typescript SDK

Runnning tests will create an account automatically. The account will be saved to the .env file and will need to be funded. Use the COTI Faucet to request devnet/testnet funds.

1. Install dependencies

   yarn

2. Run ERC20 test

   yarn erc20

See the Typescript SDK Readme for more info