Worldcoin, an identity coin startup founded by OpenAI CEO Sam Altman, is furthering its “human-centric” approach to the Web3 space with its new blockchain network, World Chain.
“Usually, the way it works is that every account is fighting for block space. Usually, since bots can move faster and they can outbid humans,” he said, “the networks get saturated with all the transactions for bots, and humans have whatever is left — many times, they can’t even get in.” Additionally, Sada explained how verified users will receive a free gas allowance, minimizing friction for newcomers. The protocol aims for an equilibrium where bots and power users ultimately cover gas fees for casual users.
The network aligns with Ethereum and also collaborates with projects like Optimism and Base. Worldcoin anticipates a full launch in the summer, with a soon-to-be-expected developer preview.
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