Worldcoin Launches World Chain for a Human-Centric Blockchain Experience

Introducing World Chain

Worldcoin, a cryptocurrency initiative by OpenAI's Sam Altman, is launching its own blockchain named World Chain. This layer-2 network on Ethereum is set to debut in the summer and offers a unique exchange: scan your retina for a "World ID" digital passport and receive special blockchain privileges.

Benefits for Verified Humans

Initially a decentralized application on Ethereum, Worldcoin's shift to its own chain through World ID aims to empower human users in the face of rising bot activity. The development team promises priority blockspace and reduced gas fees for verified humans, while keeping the network open and permissionless.

Fostering a Human-Centric Digital Ecosystem

Worldcoin's defining feature is the "orb," designed to guarantee one account per human user, enhancing the network's utility in an era where AI's presence is growing. Despite past criticisms regarding privacy and ethical concerns, the project has onboarded millions and continues to evolve with new updates and integrations.