A new upgraded state bridge from #Worldcoin enables users to link their World ID with any blockchain that is compatible with the #Ethereum ($ETH ) Virtual Machine (EVM).
Anyone can develop World ID bridges for any chain that is compatible with EVM thanks to the new state bridge architecture's gas-efficient design and modularity.
This version increases protection against potential assaults on the Worldcoin platform while opening the door to a variety of applications.
2.35 million users have joined Worldcoin, and $WLD is stored in more than 700,000 different wallets. Over a 77-day period, the number of WLD transactions increased from 887,482 to 7,701,38.
But a sizeable fraction of WLD tokens are concentrated in a small number of addresses.
Worldcoin manages the two largest WLD addresses, which together hold 70.8% of the total supply.
Of the entire supply, 86.86% is held by the top ten wallets, and 92.75% is held by the top 100 wallets.
What is the purpose of Worldcoin's state bridge?
The World ID contracts' current state is shared with other chains through the state bridge, allowing developers to use proof of personhood on #Layer2 sidechains, and other systems.
Anyone can develop World ID bridges for any chain that is compatible with EVM thanks to the new state bridge architecture's gas-efficient design and modularity.
This upgrade increases security against potential attacks on the system and allows for a wide range of applications.
#crypto market is highly volatile and it’s important to do your own research (DYOR) and take into account several factors before making any #cryptocurrency investment decisions.
