A crypto project that made waves last year with its iris-scanning technology has made its way to a new blockchain.
According to a new blog announcement from Sam Altman’s Worldcoin (WLD), the identity-focused project is making the jump to Solana (SOL) via the Wormhole interoperability platform.
Says Robinson Burkey, co-founder of the Wormhole Foundation,
“Bringing World ID to Solana is a big step forward for identity verification. With the integration of World ID and Wormhole Queries, developers can now easily build applications that prioritize real users across chains, improving trust in decentralized ecosystems.”
World ID is Worldcoin’s decentralized identity protocol, which aims to create a more verifiably human crypto-ecosystem. Worldcoin and World ID were originally built on the Ethereum (ETH) blockchain, and users will now be able to authenticate user IDs on Solana that were originally minted on ETH, according to the announcement.
In April of this year, Worldcoin announced the creation of its own ETH layer-2 blockchain called World Chain.
“Much like the rest of the internet, many of the problems blockchains face today are aggravated by “bots”. By some estimates, as many as 80% of blockchain transactions are automated, and while many are for valid use cases, unproductive bots like airdrop farming ones often lead to congested networks and high fees. Ironically this tends to get worse as blockchains optimize for low gas fees and high throughput.
World Chain will address this with World ID. Just as people can use World ID to anonymously prove their humanity on apps—like Discord servers and Subreddits—they will have the ability to verify their addresses on World Chain. This is optional and anonymized through zero-knowledge proofs, meaning addresses are fully delinked from the person’s identity, and they simply get a verification akin to a blue checkmark.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Source link
Daily Hodl Staff
https://dailyhodl.com/2024/09/17/sam-altmans-worldcoin-wld-expands-to-solana-sol-blockchain-via-wormhole/
2024-09-17 19:55:22
