A groundbreaking moment in the blockchain industry has arrived as World Chain, the first blockchain designed to prioritize human benefits, goes live. This significant milestone marks the successful migration of all 15 million World ID holders and World App users to the new platform.
World Chain is supported by a consortium of world-class blockchain service providers and applications, including Optimism, Alchemy, Uniswap, Safe, Dune, and Etherscan. The platform’s native integration with World ID ensures that all verified humans have access to prioritized blockspace, solidifying its commitment to human-centric blockchain technology.
A Vision of Human-First Blockchain
The World Foundation’s vision is to create a blockchain economy where verified humans are at the forefront. World Chain is a testament to this vision, offering an open invitation to everyone to join a blockchain ecosystem that prioritizes human needs at every level.
Key Use Cases
World Chain is designed to prioritize two primary use cases:
- Anonymous Human Verification: World Chain natively integrates with World ID, the only anonymous identity verification protocol on the blockchain. This unprecedented feature enables secure and private interactions between real people, making World Chain an ideal platform for building applications that require verified human engagement.
- Financial Access: World Chain aims to accelerate the adoption of stablecoins and cryptocurrencies in countries where they provide significant utility. By placing humans at the center of the network, World Chain seeks to enhance financial inclusion and access. The platform is integrating with a global network of on and off-ramps and stablecoin markets to support millions of users worldwide.
A Growing Ecosystem
Since opening its developer preview in July, World Chain has attracted several key partners to support its growing user base. The platform’s commitment to excellence has been evident in the enthusiastic support from the community.
On its launch day, World Chain is supported by leading blockchain service providers and applications, including Optimism for shared security and interoperability, Alchemy for building onchain, Uniswap for swapping assets, Zerion for real-time APIs, Dune Analytics for data analysis, Etherscan for chain exploration, Fireblocks for institutional custody, and Safe for multisignature wallet support.
Additionally, World Chain offers third-party on and off-ramps in over 150 countries.
A Developer’s Dream
For developers, World Chain presents an unparalleled opportunity to reach the largest user base of verified humans on the blockchain. With around 15 million people across 160 countries using compatible wallets like World App, developers can tap into a vast market by deploying their applications on World Chain.
The introduction of Mini Apps and Minikit further simplifies application distribution, allowing developers to reach millions of users directly within the World App ecosystem. World ID holders span the globe, providing developers with a diverse and global user base to target.
A Future of Human-Centric Innovation
World Chain’s potential for real-world applications is vast. The platform’s built-in identity verification enables innovative use cases, such as commerce using stablecoins or cryptocurrencies.
The World Foundation is committed to supporting developers who are building projects that benefit the lives of humans. Grants are available for projects related to voting, bot-resistant social media, universal basic income, and governance.
Blockspace for All
To accommodate its growing user base, World Chain has implemented several technological advancements:
- Vertical Scaling: World Chain leverages the best-in-class sequencing software and is hosted on Alchemy. The platform’s gas target is initially set at 5 Mgas/s, with plans to increase it as demand grows.
- Priority Blockspace for Humans: World ID holders will enjoy free transactions on World Chain via World App. A collaboration with Flashbots later this year will integrate this benefit directly into blockchain sequencing.
- Gas Allowance for Humans: Verified addresses will receive a free gas allowance to minimize the friction of getting started. The protocol aims to achieve an equilibrium where gas for casual users is covered by fees from bots and power users.
World Chain’s launch marks a significant milestone in the evolution of blockchain technology. By prioritizing human needs and offering a robust platform for developers, World Chain has the potential to revolutionize the way we interact with blockchain and shape a future where technology truly benefits humanity.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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