[World Coin launches Ethereum Layer 2 "World Chain" to improve user experience]
Worldcoin, led by Sam Altman’s Tools for Humanity, has announced the launch of its Ethereum Layer 2, called World Chain.
This development is designed to increase efficiency and improve the onboarding process for new users, leveraging Worldcoin’s unique advantage in authenticating human users in the digital world, especially in an era increasingly dominated by AI.
World Chain is designed to run on the Ethereum network, providing a secure and efficient transaction layer. This move to Layer 2 is part of Worldcoin’s broader strategy to manage the growing number of users while maintaining low transaction costs and high throughput.
An important feature of World Chain is to prioritize verification of human users. Verified individuals will enjoy priority block space and some free gas, reducing transaction fees typically associated with Ethereum. This user-centered approach aims to encourage human interaction, limit the impact of bots, and ensure a more authentic and secure network.
World Chain is built using OP Stack, a blockchain building architecture known for its scalability and efficiency. Enables World Chain to implement "Rollups". These Rollups package transactions and process them securely on Ethereum, ensuring permanence and reducing costs.
Previously, Worldcoin only operated as a decentralized application (DApp) consisting of smart contracts on the Ethereum blockchain. According to CoinDesk, having its own Layer 2 will provide developers with greater control and potentially reduce user costs.
The launch of World Chain provides developers with significant advantages, allowing them to reach millions of users. The focus is on practical utility, appealing to developers interested in developing applications that require verification of human interaction.
Worldcoin distinguishes itself with its innovative use of “Orbs” (a device designed to scan user eyeballs to ensure each account is uniquely tied to a verified human). This method of “proving character” is critical as AI technology becomes increasingly sophisticated and ubiquitous. Orb ensures that each user is unique and authentic, which is critical to the integrity and security of the network.
Tools for Humanity actively promotes Worldcoin through in-person Orb scanning at events and pop-ups around the world. Worldcoin has attracted over 10 million users in over 167 countries, making it a significant cryptocurrency player.
