This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual Machine (EVM) compatible. Data further shows that Worldcoin has registered about 2.35 million users, with over 700,000 distinct wallets holding the WLD, Worldcoin’s native cryptocurrency.
Worldcoin’s State Bridge, Growth, and Supply Concentration
On October 11, 2023, Worldcoin developers made changes to the state bridges, incorporating a design focused on gas efficiency and broader compatibility. The announcement explained that the new structure allows the formation of bridges for any EVM-compatible chain, giving users the ability to set up and control their state bridge. The goal is to facilitate the integration of World ID with a user’s chosen blockchain and application.
Worldcoin views this adjustment as a means to support applications based on
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