👨💻 Vitalik Buterin shared his thoughts on the biometrics-based identity proof system used by Worldcoin. He also highlighted the problems of the project and their possible solutions.
🟧Main risks of Worldcoin:
✅Privacy Despite the use of cryptographic methods to protect data, there is a risk of information leakage or misuse. 🧐Accessibility The need for physical access to the Orb device limits the scope of the project, potentially leading to an uneven distribution in favor of urban centers.
⚡️Centralization Despite promises of decentralization by Worldcoin, there are concerns about the possibility of introducing "back doors" or creating fake identities.
🔒Security:
Risks associated with the possibility of phones being hacked, forcing iris scans for others, or the use of fake IDs.
💡To address these challenges, Vitalik suggests combining three existing approaches to identity proofing: social graph-based, general biometric hardware, and specialized biometric hardware.
📈Such a solution could provide a decentralized, scalable, and privacy-oriented system. Despite the risks, Buterin sees the concept of proof of identity as valuable.
The $WLD token continues to trade around $2.3
❔Do you believe that the project will have development?
