Worldcoin, an identity coin startup founded by OpenAI CEO Sam Altman, is furthering its “human-centric” approach to the Web3 space with its new blockchain network, World Chain.
On April 17, Worldcoin announced World Chain, which is a new blockchain initiative designed to prioritize human users, enhance efficiency and foster real-world utility in Web3 applications.
Worldcoin recently surpassed 10 million World IDs created and 75 million completed transactions, signaling the project’s rapid expansion. Its own dedicated network has been designed to scale alongside the broader Ethereum network as a layer 2 to meet the project’s needs.
Cointelegraph spoke with Tiago Sada, the head of operations at Worldcoin, to better understand the project’s intention with its network and how it plans to keep humans in the center.
Sada said that while technically, World Chain will act similarly to any other L2 and Ethereum, its nuance is that it prioritizes humans over bots, with blockchains often facing congestion due to bot activity.
“Usually, the way it works is that every account is fighting for block space. Usually, since bots can move faster and they can outbid humans,” he said, “the networks get saturated with all the transactions for bots, and humans have whatever is left — many times, they can’t even get in.”