{"id":289578,"date":"2024-04-25T17:07:33","date_gmt":"2024-04-25T11:37:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=289578"},"modified":"2024-04-25T17:07:33","modified_gmt":"2024-04-25T11:37:33","slug":"worldcoin-launches-optimism-powered-layer-2-network-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/worldcoin-launches-optimism-powered-layer-2-network-crypto-news\/","title":{"rendered":"Worldcoin Launches Optimism-powered Layer 2 Network &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>World Chain will leverage the OP stack and offer special perks to verified Worldcoin users.<\/p>\n<div>\n<p>Controversial eye-ball scanning company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/sam-altman-backed-worldcoin-token-soars-on-sora-launch\">Worldcoin<\/a> is launching its own blockchain, dubbed World Chain, aiming to address the common issue of bots on blockchains.<\/p>\n<p>World Chain will offer special treatment to verified users \u2013 those who scanned their irises \u2013 with priority blockspace and free gas.<\/p>\n<p>The new blockchain is built using Optimism\u2019s OP stack, a framework that allows for Ethereum compatibility. This represents a move to expose the nascent L2 to Ethereum\u2019s giant developer and user base.<\/p>\n<p>\u201cBringing the entire world onchain presents a monumental task, exceeding the capacity of any single entity, and collaboration is key,\u201d said the Worldcoin Foundation in an email to The Defiant.<\/p>\n<p>\u201cThat\u2019s why being part of the Superchain alongside Optimism, Coinbase, and the wider Ethereum ecosystem made sense.\u201d<\/p>\n<p>Amid widespread <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/markets\/bitcoin-ethereum-dogecoin-take-a-plunge-amid-strengthening-us-dollar-could-bitcoin-halving-turn\">crypto volatility<\/a> heading into Bitcoin\u2019s halving, WLD has <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/worldcoin\">barely budged<\/a> today. It trades at $4.82 after a 27% weekly drop.<\/p>\n<figure><figcaption class=\"text-center text-xs\">WLD Price<\/figcaption><\/figure>\n<h2>Privacy Concerns and Legal Issues<\/h2>\n<p>The project is controversial due to how it works \u2013 with many calling it <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/podcasts-and-videos\/podcast\/worldcoin-usdwld-deep-dive-with-alex-blania-or-crypto-s-most-dystopian-project\">crypto\u2019s most dystopian<\/a> project.<\/p>\n<p>It uses a physical orb to scan users\u2019 eyeballs, verifying their unique human identity, all in exchange for a number of WLD tokens. The company has an <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/tradfi-and-fintech\/eyeballs-for-cash-worldcoins-ambition-plan-to-onboard-humanity\">ambitious plan<\/a>: exchange money for a biometric passport that leads to a World ID.<\/p>\n<p>And how it works has brought a number of legal challenges to the Sam Altman-backed venture.<\/p>\n<p>The company is facing several bans worldwide, the latest of which is in Portugal. That leaves Germany as the sole European country it can operate in.<\/p>\n<p>In Chile, a country that has seen <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/worldcoin.org\/blog\/announcements\/world-id-sign-ups-chile\">more than 1%<\/a> of its population scan their eyeballs, Worldcoin has been slapped with a judicial order that has the backing of a former Chilean senator to stop operating in the country.<\/p>\n<p>However, it added a new personal custody feature in late March giving users the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/cefi\/worldcoin-addresses-privacy-concerns-with-new-personal-custody-feature\">option to maintain<\/a> control over their personal information.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World Chain will leverage the OP stack and offer special perks to verified Worldcoin users. Controversial eye-ball scanning company Worldcoin is launching its own blockchain, dubbed World Chain, aiming to address the common issue of bots on blockchains. World Chain will offer special treatment to verified users \u2013 those who scanned their irises \u2013 with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":289579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-289578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=289578"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289578\/revisions"}],"predecessor-version":[{"id":289580,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289578\/revisions\/289580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/289579"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=289578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=289578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=289578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}