CDS Crypto News Worldcoin Mainnet 2024: Worldcoin Calls Developers to Prepare for Mainnet Launch in 2024
Crypto News

Worldcoin Mainnet 2024: Worldcoin Calls Developers to Prepare for Mainnet Launch in 2024

115
Worldcoin Mainnet 2024: Worldcoin Calls Developers to Prepare for Mainnet Launch in 2024

Worldcoin Mainnet 2024: Calling Developers to Build Ahead

Worldcoin Mainnet 2024: Worldcoin, the cryptocurrency and digital identity project co-founded by OpenAI CEO Sam Altman, is progressing towards its mainnet launch with the introduction of a blockchain preview aimed at developers.

Worldcoin Foundation Launches World Chain Developer Preview for Early Access

On July 9, the Worldcoin Foundation unveiled the World Chain developer preview, offering global developers early access to build on the World Chain ahead of its mainnet debut.

Worldcoin Mainnet 2024: Worldcoin Calls Developers to Prepare for Mainnet Launch in 2024

According to Remco Bloemen, Head of Protocol at the Worldcoin Foundation, the World Chain developer preview allows developers to deploy infrastructure on a “gated mainnet,” skipping the traditional testnet phase. This initiative is part of their strategy to leverage the OP Stack, an open-source development framework maintained by the Optimism Collective, known for its support within the Ethereum and Optimism ecosystems.

Testing and Adoption

Bloemen highlighted that World Chain developers have already conducted extensive testing on the OP Stack, confirming its reliability and functionality. Interested developers can apply for early access to the developer preview through Worldcoin’s official Tools for Humanity website.

The Worldcoin Foundation’s Optimism and Superchain Support Grows, Achieving 50% OP Mainnet Activity in One Year

The Worldcoin Foundation’s support for Optimism and the Superchain has seen significant growth, with Worldcoin transactions now accounting for approximately 50% of the OP mainnet activity within a year of launch.

Mainnet Launch and Project Goals

Scheduled for full deployment in 2024, World Chain integrates Worldcoin’s identity protocol, World ID, aimed at facilitating authentic human transactions globally. The project aims to establish a universal ecosystem where individuals can utilize World ID as a digital passport, fostering a global economy accessible to all, irrespective of geographical or economic barriers. Launched officially in July 2023 after three years of development, Worldcoin’s mission focuses on distinguishing humans from AI by employing iris scanning technology.

User Adoption and Features

Bloemen noted that upon mainnet launch, over 10 million users across 160 countries will have access to on-chain applications through compatible wallets, starting with Tools for Humanity’s World App. The World Chain mainnet promises benefits such as scalable and cost-effective transactions, compatibility with existing Ethereum tools, and interoperability across blockchain networks.

Real-World Utility and Features

Emphasizing its utility, World Chain will host decentralized financial and identity applications, supported by World ID’s Sybil resistance and featuring services like stablecoins, payments, rewards, lending, and swapping functionalities.

Priority for Human Transactions

As a permissionless network, World Chain will prioritize transactions initiated by verified humans for faster confirmation times, maintaining a robust system of transaction efficiency and security.

FAQ

What is Worldcoin and what is its main goal?

Worldcoin is a cryptocurrency and digital identity project co-founded by OpenAI CEO Sam Altman. Its primary goal is to launch World Chain, a blockchain integrated with Worldcoin’s identity protocol, World ID, enabling real human transactions globally.

What is the World Chain developer preview and how can developers participate?

The World Chain developer preview allows global developers to start building on the World Chain before its mainnet launch. Developers can apply for early access through Worldcoin’s official Tools for Humanity website.

For more up-to-date crypto news, you can follow Crypto Data Space.

Worldcoin Mainnet 2024: Worldcoin Calls Developers to Prepare for Mainnet Launch in 2024

Leave a comment

Leave a Reply

Related Articles

Vitalik Buterin Unveils “Info Finance” to Revolutionize Data Collection and Sharing

Discover Vitalik Buterin's new concept of 'Info Finance' and how blockchain can...

Ethereum vs Bitcoin: What’s Next for the Crypto Market After Record Price Breaks?

Ethereum has surged past the $3,000 mark for the first time since...

Ether Bull Run Accelerates After Positive News from Fed and Trump Election Win

Ether Bull Run Accelerates After Positive News from Fed and Trump Election...

Ethereum Price Nears $3K as BlackRock ETF Sees Record Inflows

BlackRock’s Ethereum ETF sees record $60M inflows as ETH hovers near $3K—market...