Worldcoin, under the leadership of Sam Altman, is about to introduce World Chain, a new Layer-2 blockchain designed to improve transaction efficiency. The primary Worldcoin developer, Tools for Humanity, plans to release the Ethereum-based technology this summer.
Introducing World Chain, a new blockchain designed for humans ⚪️ pic.twitter.com/qNb7S3vqut
— Worldcoin (@worldcoin) April 17, 2024World Chain promises to improve security and accessibility by favoring verified persons. It will provide them priority block space and free gas, effectively limiting bots’ influence.
This integration allows a seamless connection to the existing Worldcoin ecosystem, which focuses on confirming human identity via iris scans, also known as Orb verification. Over five million people have registered for this project so far.
This endeavor is part of Worldcoin’s plan to improve user experience and scalability, ensuring that the platform continues to play an important role in digital identification.
Furthermore, the latest update solves compliance and regulatory concerns in numerous jurisdictions. The inclusion of Personal Custody and the Unverify World ID option demonstrates their dedication to user privacy, since they use zero-knowledge proofs to protect personal data while maintaining network integrity.
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