Worldcoin Mainnet Launch
YEREVAN (CoinChapter.com) — Worldcoin, co-founded by OpenAI CEO Sam Altman, is moving closer to its 2024 mainnet launch. On July 9, the Worldcoin Foundation announced the World Chain developer preview. This tool allows developers worldwide to start building on the World Chain before its mainnet debut.
Developers can deploy infrastructure on a “gated mainnet” as World Chain skips the traditional testnet phase. Remco Bloemen, head of protocol at the Worldcoin Foundation, confirmed this. This approach aims for quicker and more efficient deployment.
Worldcoin Developers Test OP Stack for Mainnet Readiness
World Chain developers have been testing the system on the OP Stack, an open-source framework by the Optimism Collective. Bloemen stated,
“OP Stack has seen plenty of testing already — we know it works.”
This ensures a reliable infrastructure for future development.
Developers can apply for access on Worldcoin’s official website. This opportunity is for those looking to innovate and build ahead of the mainnet launch.
World Chain Developer Preview Portal. Source: Worldcoin Foundation World Chain’s Integration and Growth
The Worldcoin Foundation integrated support for Optimism and the Superchain since July 2023. In a year, Worldcoin user transactions grew to about 50% of OP mainnet’s activity. This makes Worldcoin the largest application on the network.
Worldcoin’s Commitment to Decentralized Identity. Source: Worldcoin Foundation
The upcoming World Chain mainnet aims to enable real human transactions, integrating Worldcoin’s identity protocol, World ID. This system functions as a global digital passport, facilitating a universal ecosystem for economic activities.
Worldcoin to Launch World IDs, Reaching 10 Million Users Globally
Worldcoin’s mission is to differentiate humans from AI. It achieves this by scanning an individual’s iris. This technology, known as the intelligent retrieval information system, issues World IDs. Consequently, these IDs allow individuals to prove their human identity online.
Once the World Chain mainnet launches, over 10 million people across 160 countries can use onchain apps through compatible wallets. Bloemen said,
“When World Chain mainnet launches, more than 10 million people across 160 countries will be able to explore and use onchain apps through compatible wallets, starting with Tools for Humanity’s World App.”
OpenAI CEO Sam Altman getting signed up for Worldcoin. Source: CNA World Chain Mainnet to Enable Scalable Transactions and Decentralized Apps
The World Chain mainnet will offer scalable and cheap transactions. Additionally, its compatibility and interoperability will support a wide range of applications. As an Ethereum Virtual Machine chain and a layer 2 to Ethereum, it allows easy migration of existing projects and facilitates the development of new ones.
The mainnet will provide an ecosystem of decentralized financial and identity apps, focusing on everyday utility. Moreover, Bloemen emphasized that the network will include features like stablecoins, payments, rewards, lending, and more. All these features will be centered around World ID’s Sybil resistance.
World Chain will prioritize transactions created by verified humans for faster confirmation times. Bloemen explained,
“As a permissionless network, everyone will be able to submit transactions to World Chain, but those created by verified humans will be prioritized for faster confirmation times.”
This feature aims to enhance the user experience and maintain the network’s efficiency.
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