HomeBlockchainWorldcoin, founded by OpenAI CEO Sam Altman, introduces a blockchain platform focused...

Worldcoin, founded by OpenAI CEO Sam Altman, introduces a blockchain platform focused on human-centric technology: World Chain.

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World Chain Launch: Prioritizing Human Users in Blockchain Transactions

Worldcoin, led by OpenAI CEO Sam Altman, has made waves in the blockchain world with the unveiling of its new blockchain network, World Chain. This innovative network, launched on April 17, aims to prioritize human users over bots, streamline efficiency, and foster practical utility in Web3 applications.

With over 10 million World IDs and 75 million transactions completed, World Chain has shown significant growth and engagement since its launch. The project’s chief of operations, Tiago Sada, highlighted the network’s unique approach of prioritizing humans over bots to mitigate congestion in blockchain transactions.

Sada explained that World Chain will function similarly to other layer 2 networks and Ethereum but will prioritize transactions for confirmed World ID holders. Additionally, the network will provide gas-free allowances for verified users to simplify blockchain entry and reduce friction for newcomers.

Worldcoin’s commitment to user privacy and data protection is evident in recent changes, including tighter privacy checks and the ability to permanently delete a user’s iris code. Despite facing temporary restrictions in some countries due to government scrutiny, Worldcoin remains focused on scaling and ensuring the authenticity of its protocol.

As Worldcoin prepares for a full launch this summer, the project continues to collaborate with Ethereum, Optimism, and Base to enhance its network capabilities. With a developer preview on the horizon, World Chain is poised to make a significant impact in the blockchain space.

Overall, Worldcoin’s dedication to empowering human users and advancing blockchain technology sets it apart as a key player in the evolving Web3 landscape. Stay tuned for more updates on this groundbreaking project.

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