Worldcoin to Debut Ethereum Layer 2 “World Chain” This Summer

Worldcoin, the brainchild of OpenAI CEO Sam Altman, today unveiled its latest development: World Chain, a Layer 2 (L2) ethereum network powered by Optimism's OP Stack. With this new blockchain, Worldcoin's vision is to build an open and collaborative network “by humanity” and “for humanity.”

<blockquote class="twitter-tweet” data-width=”500″ data-dnt=”true”>

Introducing World Chain, a new blockchain designed for humans pic.twitter.com/qNb7S3vqut

— Worldcoin (@worldcoin) twitter.com/worldcoin/status/1780611997396095157?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener noreferrer”>April 17, 2024

According to Worldcoin blog adthe new blockchain is designed to prioritize humans on robots, offering Priority block space for verified people and a gas allocation for daily transactions.

World Chain aims to give developers access to millions of real users around the world, focusing on practical applications in daily life, the team noted. Integration with the Worldcoin protocol will spur growth and utilize the World ID Personality Proof to ensure security and scalability within the ethereum ecosystem.

The network will be permissionless and open source, and it is planned to be independently governed by the community. world chain the planned release is later this summer.

Since its inception nine months ago, Worldcoin has been at the forefront of promoting Personality Testing and decentralized finance. With more than 10 million people in 160 countries have created Worldcoin, a global ID and compatible wallet, has facilitated 75 million transactions. The rapid expansion of the Worldcoin community requires advancements in blockchain technology, particularly in efficiency, user experience, and usability.

World Chain is prepared to significantly improve its capacity, allowing he continued growth of its user base and providing a more efficient transaction experience. Network design is a direct response to the challenges posed by automated transactions, often congest networks and inflate fee. By using World ID, users can anonymously prove their humanity, allowing prioritized transactions and an assignment of Free gas to reduce barriers to entry.

For developers, World Chain represents a new Frontier to engage with on-chain users at scale, offering a suite of decentralized financial and identity applications that meet everyday needs. This ecosystem will be supported by World ID sibyl resistance and willpower They revolve around Worldcoin, stablecoins and various financial services.

In line with the spirit of Worldcoin, World Chain will be a community-driven project, emphasizing open source development, permissionless access, and alignment with ethereum values.

Worldcoin said it will continue to contribute to the ethereum network and collaborate with the Superchain in general. ecosystem for advance shared objectives in terms of scaling, security and interoperability.

Optimism also shared their excitement about the introduction of World Chain. Notably, Coinbase's L2 network, Base, also leverages OP Stack, highlighting the growing adoption of this innovative scaling solution.

<blockquote class="twitter-tweet” data-width=”500″ data-dnt=”true”>

The Optimism ecosystem continues to grow: twitter.com/worldcoin?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener noreferrer”>@mundocoin announces that World Chain will be built on Superchain.

Another L2 choosing OP stack:
More than 10 million users join the Superchain
Income contribution to the twitter.com/Optimism?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener noreferrer”>@Optimism Collective
Collaborative ecosystem development

— Optimism (@Optimism) twitter.com/Optimism/status/1780618393118503126?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener noreferrer”>April 17, 2024