Sam Altman’s Worldcoin to launch World Chain Layer 2

Worldcoin claims more than 10 million people across 160 countries have a World ID. World ID-verified addresses would receive gas allowance and priority block space on World Chain. World Chain would focus mainly on decentralized finance and identity apps as it targets summer launch. Worldcoin announced in a blog post on Wednesday that it would launch a Layer 2 network known as World Chain in the summer.

5 million users to resolve privacy concerns The statement said that World Chain aims to differentiate itself from the growing number of Ethereum L2s by prioritizing human transactions. much like the rest of the internet, bad bots like airdrop farmers worsen many of the problems blockchains face today people on world chain will have the option to anonymously verify their addresses as human with world id fully delinked from their id, simply like a blue… pic.twitter.

Cryptocurrencies

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Worldcoin to have its own Layer 2 blockchain called World ChainLayer 2 called World Chain coming later this summer is meant to help scale the Worldcoin project.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 ChainSam is CoinDesk's deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.
Source: CoinDesk - 🏆 291. / 63 Read more »

Protocol Village: Saga, Layer-1 Chain for Launching Layer 1s, Is LaunchingBradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
Source: CoinDesk - 🏆 291. / 63 Read more »

Base hits nearly $1.3 billion in total value locked, meme coins rallyBase chain, Coinbase’s Layer 2 chain hit two key milestones on Sunday, April 7.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Worldcoin launches its own ‘human-centric’ blockchain networkWorldcoin’s latest endeavor aims to prioritize human users over bots with its new blockchain layer 2, World Chain, providing gas incentives and fostering real-world applications.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public MainnetMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Source: CoinDesk - 🏆 291. / 63 Read more »