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Home Altcoin

Sam Altman’s Worldcoin (WLD) Expands to Solana (SOL) Blockchain Via Wormhole

by n70products
September 17, 2024
in Altcoin
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Sam Altman’s Worldcoin (WLD) Expands to Solana (SOL) Blockchain Via Wormhole
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A crypto challenge that made waves final yr with its iris-scanning know-how has made its approach to a brand new blockchain.

Based on a brand new weblog announcement from Sam Altman’s Worldcoin (WLD), the identity-focused challenge is making the bounce to Solana (SOL) through the Wormhole interoperability platform.

Says Robinson Burkey, co-founder of the Wormhole Basis,

“Bringing World ID to Solana is an enormous step ahead for identification verification. With the mixing of World ID and Wormhole Queries, builders can now simply construct purposes that prioritize actual customers throughout chains, enhancing belief in decentralized ecosystems.”

World ID is Worldcoin’s decentralized identification protocol, which goals to create a extra verifiably human crypto-ecosystem. Worldcoin and World ID had been initially constructed on the Ethereum (ETH) blockchain, and customers will now be capable to authenticate person IDs on Solana that had been initially minted on ETH, in response to the announcement.

In April of this yr, Worldcoin announced the creation of its personal ETH layer-2 blockchain known as World Chain.

“Very like the remainder of the web, most of the issues blockchains face as we speak are aggravated by “bots”. By some estimates, as many as 80% of blockchain transactions are automated, and whereas many are for legitimate use circumstances, unproductive bots like airdrop farming ones typically result in congested networks and excessive charges. Sarcastically this tends to worsen as blockchains optimize for low fuel charges and excessive throughput.

World Chain will handle this with World ID. Simply as folks can use World ID to anonymously show their humanity on apps—like Discord servers and Subreddits—they’ll have the flexibility to confirm their addresses on World Chain. That is optionally available and anonymized via zero-knowledge proofs, that means addresses are absolutely delinked from the particular person’s identification, and so they merely get a verification akin to a blue checkmark.”

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Tags: AltmansBlockchainexpandsSamSOLSolanaWLDWorldcoinWormhole
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