WorldCoin Unveils World Chain: A Blockchain Designed for Humans, Unleashing User-Centric Experiences

WorldCoin announces the launch of World Chain, a human-centric blockchain integrated with the WorldCoin protocol. By utilizing World ID's proof of personhood, the platform aims to prioritize verified users, allocate block space, and provide gas allowances, while also combating bot activity that contributes to network congestion.

WorldCoin Unveils World Chain: A Blockchain Optimized for Human Users

Pioneering Project Empowers Individuals with User-Centric Blockchain Experience

WorldCoin, the revolutionary blockchain project dedicated to providing universal access to the decentralized economy, has announced the launch of World Chain, an innovative blockchain tailored specifically for human users. This groundbreaking platform, scheduled to go live this summer, seamlessly integrates with the WorldCoin protocol, leveraging the power of World ID's proof of personhood to champion a user-centric approach within the Ethereum ecosystem.

Empowering Human Interactions with Blockchain Technology

WorldChain prioritizes human interactions by allocating exclusive block space and gas allowances specifically to verified human users. This groundbreaking approach effectively mitigates the impact of bots, which currently constitute an overwhelming 80% of blockchain activity, contributing to network congestion and escalating fees.

WorldChain's integration with World ID empowers users to authenticate their identities anonymously through zero-knowledge proofs, ensuring expedited service and free gas allowances without compromising privacy. This ingenious mechanism guarantees that real-world individuals, not bots, enjoy the benefits of blockchain technology.

A Growing Force: WorldCoin's Impact on Optimism Mainnet

WorldCoin's remarkable growth has profoundly impacted the Layer 2 Optimism mainnet. User transactions initiated by WorldCoin currently constitute approximately 44% of OP Mainnet's activity, establishing it as the network's most prominent application. During periods of peak activity, WorldCoin's contribution has exceeded 80%, occasionally surpassing the network's capacity limits.

"The scale and exponential growth of our community necessitate a dedicated network," stated WorldCoin, acknowledging the need for a customized blockchain to accommodate their expanding user base.

World Chain's Technical Architecture: Built on Ethereum, Powered by ETH

World Chain is meticulously constructed upon the Ethereum blockchain, utilizing ETH as its native token. The WorldCoin (WLD) token further extends its versatility by facilitating gas fee payments.

Global Adoption and Regulatory Challenges

Despite its widespread adoption, with over 10 million users in 160 countries, WorldCoin has encountered regulatory hurdles in certain jurisdictions. Notably, authorities in Kenya suspended the project's operations due to alleged violations of local laws. WorldCoin, committed to adhering to regulatory frameworks, is actively engaging with regulators to resolve the situation.

The launch of World Chain represents a significant milestone in the evolution of blockchain technology, shifting the focus towards human-centric applications that prioritize real-world individuals over bots. With its user-centric approach, seamless integration with World ID, and strategic allocation of resources, World Chain empowers individuals to fully harness the transformative potential of blockchain. As the project continues its global expansion, it will undoubtedly encounter further regulatory challenges, highlighting the need for a collaborative approach between blockchain innovators and regulatory bodies to foster a responsible and inclusive ecosystem.