Sunday, August 17, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

Sam Altman’s Worldcoin to Migrate from Polygon to Optimism Ahead of Mainnet Launch

May 11, 2023
in Metaverse
Reading Time: 3 mins read
A A
0

[ad_1]

Sam Altman's Worldcoin to Migrate from Polygon to Optimism Ahead of Mainnet Launch

Printed: 11 Could 2023, 4:00 pm Up to date: 11 Could 2023, 4:00 pm

The Worldcoin Basis and its advisor, Instruments for Humanity (TFH), have introduced that they’re migrating their ecosystem and protocol from Polygon to the Optimism mainnet.

Worldcoin’s decentralized id protocol, World ID, would be the first product to be obtainable on the Optimism mainnet, adopted by TFH’s World App, a crypto pockets that allows transactions utilizing Worldcoin, digital property, and conventional currencies.

The Worldcoin Basis claims that the World App boasts greater than 1.6 million sign-ups in beta and over 500,000 month-to-month lively customers and that deployments on the OP mainnet will increase entry to extra customers.

The transfer comes as a part of Worldcoin’s effort in bringing Optimism’s Superchain imaginative and prescient to life. Coined by Optimism, Superchain refers to a unified community of chains in addition to a platform for chains. The objective is to mix completely different layer-2s which might be at present separate and make them work collectively as one system that may share data and be simply modified.

By bringing World ID to the OP mainnet, the Worldcoin Basis is taking step one into constructing inclusive and open id and governance on the Superchain. 

“It has the potential to reinforce the capabilities of the Residents’ Home governance, a key element of Optimism’s ecosystem, in addition to their AttestationStation, an experiment in emergent id use instances,” the Worldcoin Basis wrote in a weblog put up.

Worldcoin’s historical past with the Optimism ecosystem goes again to December 2020 when it launched the beta model of World App utilizing Hubble, an optimistic rollup particularly optimized for easy funds, initially began by the PSE staff on the Ethereum Basis. As consumer calls for for options past simply easy funds outgrew Hubble’s capabilities, World App was moved to Polygon as Optimism and Arbitrum had been too expensive on the time. 

Nearly a yr in the past, Worldcoin and Optimism collectively contributed to EIP4844. Worldcoin Basis claims that EIP4844 will cut back layer-2 charges by 10 instances. Different contributors to EIP4844 embody Coinbase through its layer-2 community, Base, which is constructed on OP’s open-source OP Stack.

Co-founded by OpenAI CEO Sam Altman, Worldcoin’s preliminary launch drew criticism for its Orb, an open iris imaging machine developed by TFH. Its objective was to supposedly create a database of iris scans that signify “proof of personhood.” Nonetheless, that might topic customers to knowledge gathering and privateness dangers that Worldcoin has but to handle.

In March, Worldcoin unveiled its new decentralized id protocol, World ID, and the SDK that can permit builders to combine the protocol into their platforms. Worldcoin stated World ID is “not derived from or tied to its holder’s biometrics, cellphone quantity, crypto pockets or another identifier.”

Learn extra:

[ad_2]

Source link

Tags: AheadAltmansLaunchMainnetMigrateOptimismPolygonSamWorldcoin
Previous Post

Trader Who Called 2022 Bitcoin Bottom Says One Dogecoin and Shiba Inu Rival Headed to Zero – Here’s the Timeline

Next Post

Which Crypto Exchanges Have Tried to Register?

Next Post
Which Crypto Exchanges Have Tried to Register?

Which Crypto Exchanges Have Tried to Register?

A Kusama installation fails to inspire wonder in Chicago

A Kusama installation fails to inspire wonder in Chicago

Empower Oversight And SEC At Odds

Empower Oversight And SEC At Odds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

s