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Home»Altcoins»Sam Altman’s Worldcoin (WLD) Expands to Solana (SOL) Blockchain via Wormhole
Altcoins

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

September 17, 2024No Comments3 Mins Read
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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.

According to Robinson Burkey, co-founder of the Wormhole Foundation,

“The integration of World ID into Solana is a huge 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 all chains, improving trust in decentralized ecosystems.”

World ID is Worldcoin’s decentralized identity protocol, which aims to create a more verifiable and human-like 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 created on ETH, according to the announcement.

In April of this year, Worldcoin announced the creation of its own layer 2 ETH blockchain called World Chain.

“Much like the rest of the internet, many of the problems blockchains face today are compounded by “bots.” By some estimates, up to 80% of blockchain transactions are automated, and while many are intended for valid use cases, unproductive bots like those used for airdrop farming 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 solve this problem 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 feature is optional and anonymized using zero-knowledge proofs, meaning that addresses are completely disassociated from the person’s identity, and they simply get a verification similar to a blue check mark.

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