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Home»ALTCOIN NEWS»Sam Altman’s Worldcoin (WLD) Extends to Solana (SOL) Blockchain via Wormhole
ALTCOIN NEWS

Sam Altman’s Worldcoin (WLD) Extends to Solana (SOL) Blockchain via Wormhole

By Crypto FlexsSeptember 18, 20242 Mins Read
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Sam Altman’s Worldcoin (WLD) Extends to Solana (SOL) Blockchain via Wormhole
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A cryptocurrency project that gained traction last year for its iris scanning technology is moving into a new blockchain.

According to a new blog post from Sam Altman’s WorldCoin (WLD), the identity-centric project is switching to Solana (SOL) via the Wormhole interoperability platform.

“Wormhole Foundation co-founder Robinson Burkey said:

“Introducing World ID to Solana is a huge step forward for identity verification. By integrating World ID with Wormhole Queries, developers can now easily build applications that prioritize real users across chains, improving trust in the decentralized ecosystem.”

World ID is a decentralized identity protocol for Worldcoin, which aims to create a more verifiable human crypto ecosystem. Worldcoin and World ID were originally built on the Ethereum (ETH) blockchain, and according to the announcement, users can now authenticate their user IDs originally minted on ETH on Solana.

In April of this year, WorldCoin announced the creation of its own ETH layer 2 blockchain called WorldChain.

“Like the rest of the internet, many of the problems facing blockchain today are exacerbated by “bots.” By some estimates, up to 80% of blockchain transactions are automated, and while many are valid use cases, unproductive bots like airdrop farming often lead to network congestion and high fees. Ironically, this tends to get worse as blockchains optimize for low gas fees and high throughput.

World Chain will solve this with World ID. Just as people can use World ID to anonymously prove they are human on apps like Discord servers and Subreddits, you can verify addresses on the World Chain. This is optional and will be anonymized via zero-knowledge proofs, so addresses will be completely decoupled from a person’s identity and will be verified similar to a blue check mark.”

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