Worldcoin Launches 'World Chain' to Enhance Human-Centric Transactions
Sam Altman's Worldcoin introduces a new layer-2 blockchain, prioritizing verified human users and combating bot activity.
- Worldcoin, backed by AI pioneer Sam Altman, is set to launch its own blockchain, 'World Chain', using Optimism's OP Stack.
- 'World Chain' aims to prioritize human users by charging higher gas fees to bots, thereby subsidizing costs for human transactions.
- The new blockchain seeks to address congestion and high transaction fees on existing networks by prioritizing real human interactions.
- Worldcoin's development reflects a broader trend of integrating biometric verification to ensure user authenticity in digital transactions.
- Despite its innovative approach, Worldcoin faces regulatory challenges and skepticism concerning its data collection practices.