The Future of Worldcoin’s World Chain: A New Ethereum Layer-2 Blockchain
Sam Altman’s eye-scanning crypto project, Worldcoin (WLD), is unveiling its revolutionary Ethereum (ETH) layer-2 blockchain called World Chain.
Priority for Verified World ID Holders
The new blockchain, World Chain, will prioritize blockspace for Worldcoin’s 5 million verified World ID holders over bots, giving gas allowance for casual transactions.
- Designed to prioritize verified human transactions over bots.
- Allocates gas allowance for casual transactions to improve user experience.
Scalability and Optimization
World Chain is crafted to scale within Optimism’s Superchain concept, enhancing capacity for new users to join the platform.
- Created for scalability within Optimism’s Superchain framework.
- Optimized to boost capacity and accommodate new users effectively.
Tackling Bot Congestion
Utilizing its ID system, World Chain aims to combat issues caused by AI-powered bots that spam blockchains, leading to network congestion and high fees.
- Addresses the problem of automated bots congesting blockchains.
- Users can verify their addresses through World ID, deterring bot activity.
Verified Human Transactions
While anyone can use World Chain, transactions from verified human users will enjoy faster confirmation times, as confirmed by Worldcoin.
- Verified human transactions will receive priority for quicker confirmations.
- Enhances user experience and efficiency within the platform.
Native Token and Utility Token
ETH will serve as the native token within the ecosystem, while users can also utilize WLD, Worldcoin’s utility token, to pay for transaction fees.
- ETH as the primary token for operational transactions.
- WLD can be used to cover transaction fees within the World Chain ecosystem.
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The post Billionaire Sam Altman’s Worldcoin (WLD) Introduces New Ethereum Layer-2 Blockchain ‘World Chain’ appeared first on The Daily Hodl.
Hot Take: A Glimpse Into the Future of Blockchain Technology
Explore the potential of Worldcoin’s World Chain, a game-changer in the crypto landscape. Stay ahead of the curve with this innovative Ethereum layer-2 blockchain and experience a new era of secure and efficient transactions in the digital world.
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