Sam Altman's world coin is considering launching a layer 2 blockchain called World Chain to improve efficiency in continuing to register new users.
Improve the efficiency of World Coin with World Chain
The following project was announced by Tools for Humanity, the lead developer of the Worldcoin project. According to the company, WorldChain will be secured by the Ethereum network and only “authenticated” humans will be allowed to “enjoy priority block space over bots and free gas.”
This new blockchain will allow developers to reach millions of real users around the world with applications focused on practicality in everyday life. Notably, the tool's development team is working towards an official release this summer.
According to a statement released, World Chain is designed to “increase capacity so that new users can continue to participate at scale, and existing users can enjoy faster, cheaper, and more reliable transactions.” There is.
In order for this blockchain to accelerate growth and take advantage of World ID's personal credentials, World Chain will be tightly integrated with the WorldCoin project, which is currently under Altman's oversight. Notably, the popular Worldcoin project is allocating. world id For people who have to prove they are human through an iris scan called orb verification.
Those who sign up for this service will be given cryptocurrency in the form of WLD tokens. According to the project's official website, more than 5 million people have registered with Worldcoin. The Worldcoin project was started to enable the Internet to distinguish between human and non-human actors.
Worldcoin addresses global regulatory concerns
The launch of L2 on Ethereum comes amid the circumstances the company is facing. Global regulatory challenges. Last month, global digital identity and cryptocurrency initiatives had to address their legal status and compliance. world coin We even revealed the operational, regulatory, and compliance status of various service regions.
In response to this growing global pressure, the company: Additional privacy features. The new package revolves around personal storage and introduces a new Unverify World ID option. This feature also leverages cutting-edge technologies such as zero-knowledge proofs (ZKPs).
This gives users more control over their personal information while maintaining the integrity of the network. Notably, this is one of his strategies to demonstrate his Worldcoin's commitment to ensuring user privacy.
