Sam Altman’s ambitious Worldcoin project, aiming to assign human identities on the web using iris scans, is taking a significant step towards scalability. Worldcoin Foundation, the developer behind Worldcoin (WLD), announced the launch of a dedicated Layer 2 blockchain called World Chain.
This Ethereum-secured Layer 2 promises to address efficiency concerns as Worldcoin scales its user base. It will offer “increased capacity” for onboarding new users and “faster, cheaper, and more reliable transactions” for existing members, according to a statement from Worldcoin Foundation.
World Chain introduces a unique twist: users verified as human through iris scans will receive preferential treatment. They will “enjoy priority blockspace over bots and some free gas,” the statement reveals. This prioritization aims to combat potential manipulation by bots and ensure a smoother experience for human users.
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The Vision Behind Worldcoin
Worldcoin’s core philosophy hinges on the belief that a robust system distinguishing humans from bots is crucial for the internet’s future health. By assigning “World IDs” after iris verification, the project aims to create a more secure and reliable online environment.
Worldcoin has already garnered significant traction, surpassing 5 million signups according to their website. World Chain’s development signifies the project’s commitment to accommodate this growing user base and facilitate a seamless onboarding experience for future members.
Looking Ahead: A Layer 2 Summer
With a targeted summer release for World Chain, Worldcoin Foundation is paving the way for faster, cheaper, and human-centric transactions within the Worldcoin ecosystem. This development could potentially shape the future of online identity verification and user interaction on the web.
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