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Worldcoin Launches World Chain for a Better Internet

Worldcoin Launches World Chain for a Better Internet

AltcoinbuzzAltcoinbuzz2024/10/21 11:18
By:By Victor -Piyush Tripathi -

Last year, the Worldcoin Foundation committed to the Superchain vision for a safer, decentralized, and fairer internet.

Worldcoin believes in the Superchain’s potential as a network of Layer 2 (L2) blockchains that can share security and work together smoothly.

About nine months ago, the Worldcoin protocol moved to the OP Mainnet, and since then, its app, World App , has boosted usage. World App has become the largest and fastest-growing application on the OP Mainnet. It has onboarded over 10 million people to the blockchain around the world.

Introducing World Chain

Now, as the biggest application on the OP Mainnet, Worldcoin is introducing a new blockchain called World Chain. This blockchain is built on the OP Stack and is designed to help connect all humans to the blockchain. World Chain is an important step for both the Worldcoin protocol and the Optimism Collective.

⚪️🔴 World Chain is live on mainnet! ⚪️🔴

World Chain was introduced earlier this year as a new OP Chain built for humans, and today mainnet is live on the Superchain.

More here → https://t.co/6MAUF2nRB2 pic.twitter.com/P02n82r75k

— Optimism (@Optimism) October 17, 2024

One big issue in the crypto world today is that many transactions are done by bots. This can lead to busy networks and high fees, making it hard for people to use these systems effectively. World Chain aims to tackle this problem by focusing on transactions made by verified humans using World ID . By giving priority to real people over bots, World Chain will create more room for users.

More About World Chain

Being part of the Superchain also means World Chain can interact with other chains like Base , Mode, OP Mainnet, and Zora . This connection is crucial because it allows different blockchain networks to work together and share information. Developers working with Worldcoin are still contributing to the Ethereum network and collaborating with the Superchain community to build shared infrastructure.

Accessible to all humans on Day 1:

✅ World ID holders will get free transactions on World Chain via World App.
✅ Priority blockspace for humans is integrated directly into block sequencing through a collaboration with Flashbots.
✅ Verified addresses will get free gas…

— Optimism (@Optimism) October 17, 2024

Additionally, following in the footsteps of early OP Chains, World Chain plans to take part in Optimism’s governance. This means they’ll have a say in how things are run, making sure the network is friendly and open to everyone.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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