Worldcoin announced the launch of World Chain on April 17, aiming to prioritize human users, improve efficiency, and incubate Web3 projects into real-world practical applications.
L2 Project World Chain
World Chain is Worldcoin’s exclusive L2 network, based on OP Stack technology. According to Optimism’s announcement, World Chain will join the super chain, interact with public chains such as Base, Mode, OP Mainnet and Zora, and actively participate in Optimism governance in the future.
World Chain’s Genesis NFT is now open for casting.
(Worldcoin’s market capitalization exceeds US$1.1 billion, and executives hinted that “big news” will be released)
Thank you all for 5 million orb verified World IDs & an incredible response to World Chain That's reason to celebrate.https://t.co/yl3e40koAo
— Worldcoin (@worldcoin) April 17, 2024
World Chain further optimizes real user experience
Tiago Sada, head of operations at Worldcoin, told Cointelegraph that while World Chain is similar to other Ethereum L2s, it is unique in that it prioritizes human users over robots, and blockchains are often congested due to robot activity.
Typically every account competes for block space. Because bots can move faster and outbid humans, the network is flooded with bot transactions, while humans can only use the remaining blocks. Many times, humans don’t even have a chance to participate.
World Chain attempts to solve this problem by giving priority to user transactions that have verified World ID. It will be a permissionless network to ensure that World ID user transactions are included in the block, and the remaining block space is not shared with other public chains. different.
World ID users will also receive free gas quota to reduce barriers for new users. Eventually, trading robots and advanced users on the chain will pay gas for casual users of the terminal.
Worldcoin hits new highs and then cuts in half
Worldcoin (WLD) hasn’t seen much gains, having fallen 60% after hitting an all-time high of $11.9 on March 10.
This article Worldcoin launches exclusive L2 network World Chain, WLD currency price does not respond. First appeared in Chain News ABMedia.
