🔺 Worldcoin Announces Launch of World Chain to Boost Efficiency
Worldcoin, led by Sam Altman, is set to launch its new Layer-2 blockchain, World Chain, which aims to enhance transaction efficiency. This summer, Tools for Humanity, the main developer behind Worldcoin, will release the protocol built on the Ethereum network.
World Chain aims to boost security and accessibility by prioritizing verified humans. It will allocate them priority block space and offer free gas, effectively reducing the influence of bots.
This integration ensures a seamless connection with the existing Worldcoin ecosystem, which focuses on authenticating human identity through iris scans, known as Orb verification. To date, this initiative has attracted over five million registrations.
🔺 Addressing Regulatory Challenges
Additionally, the recent development addresses compliance and regulatory concerns across multiple jurisdictions. The introduction of Personal Custody and the Unverify World ID option reflects their commitment to user privacy, utilizing zero-knowledge proofs to protect personal data without compromising network integrity.
This initiative marks a step in Worldcoin’s strategy to improve user experience and scalability, ensuring the platform remains a key player in the digital identity.
