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Cryptocurrency News Articles

Worldcoin Embarks on New Frontier with Human-Focused Blockchain: World Chain

Apr 17, 2024 at 09:53 pm

Tools for Humanity's Worldcoin project, known for its proof-of-personhood eye-scanning technology, is developing a new blockchain called World Chain. Built using Optimism's "superchain" and leveraging Ethereum as its native token, World Chain aims to prioritize verified humans over bots, offering priority blockspace and gas allowances for casual transactions.

Worldcoin Embarks on New Frontier with Human-Focused Blockchain: World Chain

Worldcoin Embarks on a New Adventure with the Launch of World Chain, a Blockchain Dedicated to Humans

In a move that underscores its commitment to fostering a decentralized and inclusive ecosystem, Tools for Humanity, the visionary organization behind the innovative [Worldcoin](https://worldcoin.org/) project, has unveiled ambitious plans to launch World Chain, a blockchain designed exclusively for humans. This groundbreaking development, slated for later this year, marks a significant milestone in the evolution of decentralized technology, offering a dedicated platform tailored to the specific needs of human users.

World Chain, a brainchild of Tools for Humanity, will be built upon the robust foundation of the Ethereum blockchain, leveraging the stability and security it provides. Furthermore, the blockchain will harness Optimism's "superchain" technology, a layer-2 solution renowned for its ability to accelerate transaction speeds while maintaining low gas fees. This integration ensures that World Chain can handle the increasing demands of a growing user base without compromising performance or affordability.

As the native token of the World Chain ecosystem, Worldcoin (WLD) will play a pivotal role in facilitating transactions. Its versatility extends to covering gas fees, empowering users to seamlessly interact with decentralized applications (dApps) built on the platform. This strategic decision not only enhances the usability of World Chain but also fosters a vibrant and self-sustaining economy within the ecosystem.

A Blockchain Tailored to Human Needs: A Vision Realized

The genesis of World Chain lies in the remarkable success of Worldcoin, which has attracted a vast and engaged user base. Tiago Sada, head of product, engineering, and design at Tools for Humanity, attributes this phenomenal growth to the unique value proposition offered by Worldcoin: "Worldcoin users consistently account for a substantial portion of activity on Optimism, often exceeding 90%. With over 2 million active users relying on our technology daily, it became evident that a dedicated network was essential to accommodate their needs."

Sada elaborates on the rationale behind creating a blockchain specifically for humans: "By establishing World Chain, we can tailor the platform to the unique requirements of human users, ensuring a seamless and optimized experience. The same team that developed Worldcoin for Optimism will spearhead the development and scaling of World Chain, leveraging their expertise to create a blockchain that truly empowers individuals."

World Chain: A Deeper Dive into its Architecture and Features

World Chain embodies the latest advancements in blockchain technology, offering a host of features designed to enhance usability, accessibility, and privacy for its users. As a layer-2 blockchain, it operates on top of the Ethereum blockchain, inheriting its inherent security and stability while offering faster transaction speeds and lower fees.

Layer-2 protocols, such as Optimism, Polygon, and the Bitcoin Lightning Network, have emerged as innovative solutions to address the scalability limitations of popular blockchains. By operating on top of these protocols, World Chain can leverage their infrastructure, enabling it to handle a high volume of transactions efficiently and cost-effectively.

Worldcoin: A Catalyst for Global Inclusion and Empowerment

Since its inception in 2022, Tools for Humanity's World ID program has garnered widespread adoption, attracting over 10 million users across 160 countries. The program's success stems from its ability to provide a decentralized and privacy-preserving method of verifying human identity, a crucial step towards building a more inclusive and equitable digital world.

To date, over 5 million individuals have utilized Worldcoin Orbs to verify their identities, demonstrating the growing demand for a reliable and accessible identity verification system. Worldcoin's mission is to empower individuals by providing them with a means to prove their humanity, a fundamental requirement for accessing a wide range of services and opportunities in the digital realm.

World Chain: A Pathway to a More Human-Centric Digital Future

The creation of World Chain marks a pivotal moment in the evolution of blockchain technology, signaling a shift towards a more human-centric approach. Worldcoin envisions a future where individuals are empowered to participate fully in the digital economy, leveraging their unique humanity as a source of value and opportunity.

"World Chain is not just another blockchain," asserts Sada. "It is a blockchain designed specifically for humans. It will be open to everyone, but verified humans will receive priority block space, ensuring that their transactions are processed faster than those originating from bots. Additionally, verified humans will benefit from a gas allowance, making it more affordable for them to interact with dApps on the platform."

Privacy and Transparency: Addressing Misconceptions

Sada acknowledges that Worldcoin and its related technologies have faced some scrutiny regarding privacy concerns. However, he emphasizes that these concerns are unfounded and stem from a misunderstanding of the underlying technology.

"Worldcoin and World ID are not just privacy-preserving, they are, in fact, one of the most privacy-preserving systems available," explains Sada. "Users can sign up anonymously, and their data is self-custodial, meaning they have complete control over their personal information."

Sada further highlights the transparency of Worldcoin's technology: "The core components of our orb technology are open source, allowing anyone to examine the code and verify its integrity. This open and transparent approach sets Worldcoin apart from many other technology providers."

Embracing Inclusivity: World Chain for Everyone, Everywhere

While Worldcoin's services are currently limited to specific regions, Sada emphasizes that World Chain, along with the associated World app and World ID, will be accessible to everyone, regardless of their location. This unwavering commitment to inclusivity underscores Worldcoin's mission to empower all individuals, irrespective of their geographical or socioeconomic circumstances.

"World Chain is like any other layer-2 blockchain," explains Sada. "Users can connect to it using a supported wallet and utilize it like any other L2. However, verified World ID users will enjoy additional benefits and privileges within the ecosystem."

Market Dynamics: WLD Token Performance

Despite a recent dip in its value, the WLD token has demonstrated resilience, trading at $5.00 per coin, a 4.4% increase since the announcement of World Chain. This upward trend suggests that the market is optimistic about the potential of World Chain and its ability to revolutionize the blockchain landscape.

As Worldcoin prepares to launch World Chain, the excitement within the cryptocurrency community is palpable. This groundbreaking project holds the promise of transforming the way humans interact with decentralized technology, creating a more inclusive, accessible, and privacy-conscious digital world. As the countdown to the launch continues, the anticipation for this transformative blockchain grows exponentially.

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Other articles published on Jul 04, 2025