Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
The blockchain will be based on Optimism's OP stack blockchain-building framework to offer users cheaper fees and faster speeds. The chain is designed to prioritize verified humans over AI bots and trading algorithms. Users who authenticate themselves via Worldcoin's retina-scanning "orb" device will get special treatment. OpenAI founder Sam Altman's retina-scanning crypto startup, Worldcoin, is getting its own blockchain. World Chain, a layer-2 network on Ethereum slated for a release this summer, will grant special treatment to users who scan their eyeballs in exchange for a "World ID" digital passport. It will build on Worldcoin's perennial pitch as a network for "verified humans" – an ecosystem designed to filter out bots in the increasingly uncanny age of AI. Until now, Worldcoin's World ID protocol has simply operated as a decentralized application – essentially just a set of smart contracts on the Ethereum blockchain . The move to start an independent chain could give
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