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.”
World Chain will also be designed for scalability within Optimism’s Superchain concept, and optimized to first increase capacity for new users to join.
Using its ID system, the project says World Chain aims to tackle to issue of artificial intelligence-powered bots that can now spam blockchains with traffic that can congest networks and cause unnecessarily high fees.
“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
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