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Market
Congestion levels on World Chain in its first year
4
Resolution / Starting Odds
High congestion • 25%
Moderate congestion • 25%
Low congestion • 25%
No significant congestion • 25%
Technical reports on network performance by Worldcoin or independent IT research firms
Story
Worldcoin, Led by OpenAI's Sam Altman, Launches Ethereum Layer 2 'World Chain'
Apr 17, 2024, 05:00 PM
Worldcoin, the cryptocurrency project led by OpenAI CEO Sam Altman, has announced the launch of its own blockchain network, World Chain. This new network, which is designed to prioritize human users, will be a Layer 2 solution built on Ethereum and integrated into the Optimism ecosystem. World Chain, which is EVM-based, aims to enhance scalability and user experience, emphasizing a human-centric approach by giving priority to verified humans over bots and alleviating congestion. It will also contribute to the revenue of the Optimism Collective and is expected to bring over 10 million users to the Superchain ecosystem. The launch is scheduled for later this summer and will be open source and permissionless.
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Low (Below expected levels) • 25%
Moderate (As expected) • 25%
High (Above expected levels) • 25%
Exceptional (Far exceeds expectations) • 25%
Significantly reduced • 33%
Moderately reduced • 33%
No significant change • 34%
Identity Verification • 33%
Transaction Management • 33%
Data Security • 33%
Top performer • 25%
Above average • 25%
Average • 25%
Below average • 25%
Significant decrease in Asian market share • 33%
Minor impact on Asian market share • 33%
No impact on Asian market share • 34%
Widely adopted • 25%
Moderately adopted • 25%
Limited adoption • 25%
Not adopted • 25%
Highly Effective • 33%
Moderately Effective • 34%
Ineffective • 33%
Speed increases • 33%
Speed remains the same • 33%
Speed decreases • 33%