Worldcoin Launches World Chain Mainnet

Mo. Ago

Event Date: Monday, October 21, 2024

Event Time: 22:00 CET

World Chain, A blockchain Developed for Humans

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The Worldcoin Foundation, known for its iris-scanning cryptocurrency project, has introduced a developer preview of its upcoming Layer 2 network, named World Chain. This network is expected to transition over 10 million World App users from its current operation on OP Mainnet to the new infrastructure.

Key Features of World Chain:

Permissionless and open source, governed autonomously by the community.
Designed to integrate closely with the Worldcoin protocol, leveraging World ID's Proof of Personhood to drive growth.
Secured by Ethereum as a Layer 2 (L2) solution, ensuring scalability within the Superchain ecosystem.

WLD/USD Factors Affecting Worldcoin Prices

The introduction of World Chain could significantly influence Worldcoin's adoption and usage, potentially driving price movements due to expected increased demand. However, the ultimate outcome will depend on market conditions and the success of the network's implementation.

Updated Monday, September 16, 2024

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About Worldcoin Launches World Chain Mainnet

The Worldcoin project aims to build the largest global identification and financial network as a public utility, ensuring broad ownership and accessibility for all users. At the core of the Worldcoin system is World ID, a privacy-focused global identity network. This system enables users to verify their "Proof of Personhood"—essentially confirming that they are human—while maintaining privacy through the use of zero-knowledge proofs. This allows individuals to authenticate their identity online without revealing personal information.

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