Yesterday, on April 17th, 2024, Worldcoin introduced World Chain, a blockchain built for humans. World Chain marks a significant milestone for both the Worldcoin protocol and the Optimism Collective.
On April 17th, 2024, Worldcoin introduced World Chain, a new layer 2 blockchain built on the Superchain. World Chain marks a significant milestone for both the Worldcoin protocol and the Optimism Collective. World Chain will be a new OP Chain specifically designed for humans.
World Chain will be open to everyone, and verified humans through the World Protocol ID, a unique identification system, will get priority blockspace over bots and a gas allowance for casual transactions. Developers will be able to reach millions of these real users around the world with apps focused on utility for everyday life.
World Chain will be integrated with the Worldcoin protocol to accelerate growth and leverage World ID's Proof of Personhood. Rather than trying to cover every possible blockchain use case, World Chain will be an ecosystem of decentralized financial and identity apps focused on utility for everyday life. This will be uniquely enabled by World ID's Sybil resistance, which is built around Worldcoin, stablecoins, payments, rewards, ramps, lending, swapping, and more.
Last year, the Worldcoin Foundation committed to the Superchain. About nine months ago, The Worldcoin protocol migrated to OP Mainnet. Currently, Worldcoin user transactions represent about 44% of OP Mainnet's activity, making it the largest application on OP Mainnet. Now, as the most prominent application on OP Mainnet, Worldcoin is graduating to its dedicated network, World Chain.
World Chain is an OP Chain that will be heavily targeted for scale. World Chain's goal is to increase the L2 block gas limit by a significant factor. As this comes with risks and cannot be done blindly, they are researching different performance scenarios. Besides improving the execution layer, World Chain is exploring alternative Data Availability layers, including Plasma-like DA. World Chain is expected to launch later this summer, and it will be an ecosystem of decentralized financial and identity apps focused on utility for everyday life.
At Superchain Eco, we're excited about Worldcoin's journey and hope others will follow in its footsteps and join the Superchain.
