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Worldcoin is about to take the next level in its technology advancement with its World Chain project launch this summer, which is a continuation of the Layer 2 blockchain the company is already implementing.
Using tech from Optimism, World Chain will be a dedicated, privacy-preserving network for Worldcoin users.
Worldcoin is launching an Ethereum Layer 2 blockchain based on the Optimism (OP) Stack. The blockchain, labeled World Chain will prioritise verified humans over bots and trading algorithms. WLD price plummeted despite the development of the human-focused blockchain network.
Sam Altman's eye-scanning crypto project Worldcoin (WLD) is announcing the creation of its own Ethereum (ETH) layer-2 blockchain. The project's new blockchain, called World Chain, is designed to give priority blockspace to Worldcoin's 5 million verified World ID holders over bots, and gas allowance for “casual transactions.
Sam Altman's Worldcoin is looking to launch its Layer-2 blockchain dubbed World Chain, to improve its efficiency as it continues to onboards new users. World Chain to Improve Worldcoin Efficiency The upcoming project was announced by Tools for Humanity, the core developer behind the Worldcoin project.
Worldcoin unveiled World Chain, a new Ethereum L2 network that prioritizes real-world utility and human engagement, launching this summer. The post Worldcoin to debut Ethereum layer 2 “World Chain” this summer appeared first on Crypto Briefing.
Worldcoin (CRYPTO: WLD), a biometric data-based identification platform, has announced plans to launch a Layer-2 solution named ‘World Chain' later this summer for prioritizing transactions over bots. What Happened: Worldcoin, which is backed by Sam Altman currently operates on the Ethereum rollup Optimism (CRYPTO: OP).
TL;DR World Chain, Worldcoin's new blockchain, prioritizes human users and offers priority block space and gas allocation. The network is designed for scalability and utility in Web3 applications, with deep integration with the Worldcoin protocol and security backed by Ethereum.
Worldcoin, an identification platform using iris-scanning, plans to launch World Chain this summer using Optimism's OP Stack.
WorldCoin's World Chain, a Layer 2 network, will launch soon, emphasizing scalability and community governance.
Layer 2 called World Chain coming later this summer is meant to help scale the Worldcoin project.
The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.
The iris-scanning identification platform Worldcoin plans to launch a layer-2 later this summer, the project announced Wednesday morning.
Worldcoin introduces World Chain, a new blockchain initiative designed to prioritize human users, enhance efficiency and foster real-world utility in Web3 applications.
The cryptocurrency industry continues to display mixed sentiment as the top tokens continue to record a constant increase in selling pressure. Moreover, top altcoins continue to hover close to their important support levels, indicating a high possibility of the industry concluding this month on a bearish note.
Introduction World coin (WLD), the brainchild of Sam Altman, finds itself at the crossroads of legal challenges as Argentina, joining Portugal and Spain, escalates scrutiny over its biometric data collection practices. An indictment has been levied against World coin by Buenos Aires authorities, pointing towards potential violations of user rights and consumer protection laws.
In recent months, Sam Altman's open-source protocol Worldcoin (WLD) has faced increasing legal challenges as Portugal and Spain cracked down on its biometric data collection practices. Argentina has joined the list, issuing an indictment against Worldcoin after detecting allegedly abusive clauses in user contracts.
The government of Buenos Aires province has accused Worldcoin of violating consumer protection laws due to what it deems as unfair clauses in its user agreement.
Most cryptocurrencies are experiencing a significant sell-off, a development that has eroded their market capitalization. However, despite this trend, certain select assets still hold potential for upside in April, buoyed by key underlying fundamentals.
Worldcoin, the digital currency initiative spearheaded by Sam Altman, faces legal challenges in Buenos Aires amid accusations of consumer rights violations.
The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement. According to the notice, Worldcoin's unfair agreement allegedly allows it to interrupt services without offering repair or reimbursement.
Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users' digital information. Buenos Aires considers that the company exposes users to several unfair clauses, including those describing the possible interruption of the service.
Closely followed trader and economist Alex Krüger is predicting Ethereum (ETH) will reach new all-time highs (ATHs), while also eyeing up other altcoins. Krüger tells his 171,400 followers on the social media platform X that he “fully expects” new ATHs for ETH based on several fundamental reasons. “I fully expect ETH to trade ATH.
Amidst the market crash fueled by the CPI reports and the tensions growing in East Asia, Bitcoin Halving seems to have lost the craze. With the altcoins under correction of more than 30%-40%, these AI coins are available at almost 50% discount. With a major drop in the top AI coins like Fetch.AI, Singularity.
