OpenAI CEO Sam Altman, founder of Worldcoin, announced the launch of a new blockchain called World Chain.
According to Worldcoin, “World Chain is built to scale the Worldcoin protocol and the Ethereum community to one billion or more people,” and will be released this summer.
It was stated that World Chain will be an ecosystem designed for daily use consisting of decentralized finance and identity applications.
Users of World Chain will be able to verify their identities in various applications through World ID and optionally verify their addresses in the World Chain. This will result in faster transaction confirmations.
The default cryptocurrency in the World Chain blockchain will be Ethereum (ETH), but transaction fees can also be paid with Worldcoin (WLD).
