💥💥💥 #Worldcoin Launches #Ethereum #Layer2 "World Chain" to Enhance User Experience
Led by Sam Altman's Tools for Humanity, Worldcoin has introduced the World Chain, an Ethereum Layer 2 blockchain aimed at enhancing efficiencies and simplifying user onboarding. This strategic initiative leverages Worldcoin's pioneering approach to verifying human users in an increasingly AI-dominated digital landscape.
Introducing World Chain
- World Chain operates atop the Ethereum network, providing a secure and efficient transaction layer. This transition to a Layer 2 solution aligns with Worldcoin's broader vision of managing expanding user bases while ensuring low transaction costs and high throughput.
- World Chain prioritizes human-verified users, offering them preferential block space and complimentary gas, reducing Ethereum transaction fees. This approach incentivizes human engagement and mitigates bot influence, fostering a more authentic and secure network environment.
- World Chain, built on the OP Stack #Blockchain framework, utilizes rollups technology to bundle transactions securely on Ethereum, ensuring permanence and cost reduction, similar to Coinbase's Base network.
Transition to an Independent Chain
- Worldcoin's shift to its own Layer 2 chain from operating solely as a decentralized application (DApp) via smart contracts on the Ethereum blockchain offers developers greater operational control and potential cost savings for users.
- The launch of World Chain presents numerous benefits for developers, empowering them with the tools to reach millions of users. Emphasizing real-world utility, the platform appeals to developers interested in creating applications requiring verified human interaction.
Worldcoin's Unique Identity Verification
- Worldcoin's innovative "orb" scans users' eyeballs, ensuring verified human accounts for network security. Tools for Humanity promotes Worldcoin globally, with 10 million users in 167 countries, making it a significant cryptocurrency player.
Source - bsc.news
