Thursday, November 21, 2024

Worldcoin Launches New Layer-2 Network

Worldcoin, the decentralized identity project founded by Sam Altman, has launched its new blockchain network, World Chain. This development marks a significant milestone for the project, which aims to revolutionize digital identity and promote crypto adoption.

World Chain will prioritize verified human users who possess a World ID, granting them access to block space and free gas allowances.

The blockchain will feature a roster of top applications and projects, including Optimism, Uniswap, Zerion, and Alchemy, to enhance its functionality and interoperability.

Worldcoin has also introduced a new version of its biometric device, the Orb. This upgraded device is powered by Nvidia hardware, making it more efficient, powerful, and compact. The new Orb will enable users to verify their identity more conveniently and securely.

Worldcoin has expanded its identity verification options to include partnerships with social media apps like FaceTime, WhatsApp, and Zoom. This will provide users with more flexibility and convenience when registering for a World ID.

Worldcoin’s mission is to address the challenges of digital identity in the age of AI. By providing a secure and verifiable identity solution, Worldcoin aims to empower individuals and promote financial inclusion. The launch of World Chain and the enhanced Orb device are key steps towards achieving this goal.

Worldcoin’s launch of its new blockchain and the upgraded Orb device demonstrate the project’s commitment to innovation and growth. As the company continues to expand its offerings and partnerships, it has the potential to become a leading player in the decentralized identity space.

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Author: Sb

This post was originally published on cryptonewsfarm.com

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Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.

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