Worldcoin’s World IDs service is now available on the Solana blockchain network, thanks to Wormhole.
Worldcoin is an Artificial Intelligence (AI)-focused crypto project launched by OpenAI CEO Sam Altman. The main vision of this project is to distinguish humans & AI bots through the Worldcoin IDs tool. According to the leaders of this crypto project, Worldcoin will play a vital role in the future as AI technology adoption rapidly increases among both good and bad actors. In such situations, the Worldcoin project aims to help combat challenges raised by AI technology.
Recent reports confirmed that Worldcoin’s World IDs debuted on the Solana blockchain network. This means that World IDs authentication can now occur on the Solana blockchain. This significant integration is facilitated by the well-funded interoperability protocol, Wormhole, which handles the deployment by bridging World ID’s state roots (snapshots of essential data like account balances at a specific time) from Ethereum to Solana.
@Wormhole Brings World ID to @Solana!
-----Cryptonews AD----->>>
Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE
<<<-----Cryptonews AD-----
Exciting news for the Solana and the Web3 community: Wormhole has just integrated World ID (@Worldcoin) onto the Solana blockchain. Let’s break down what this means for Solana and the future of decentralized identity! Let's debunk … pic.twitter.com/UwRSggF5Uf
— WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_) September 17, 2024
Wormhole co-founder and Chief Communications Officer Robinson Burkey expressed his excitement about this development and stated that the integration of World IDs with the Solana blockchain network could lead to more use cases for Solana’s micropayment solutions.
Similar efforts are underway to implement Worldcoin’s World IDs support on the Cardano blockchain network. In the Cardano ecosystem, a community poll is ongoing to decide between funding a new Rust node or implementing the Leios protocol, a proposal that promises faster transactions while maintaining decentralisation.
World coin price action
Following this news the trade price of $WLD token surged by 6%. The current trade price is $1.42 & this price is 4.52% higher over the last 24 hours.
Solana price action
Following this news, the trade price of Solana’s native coin, Sol, surged from $130 to $135, but failed to maintain the high price level.
Read also: Binance Breaks Silence on WazirX Hack, Accuses WazirX Team of Lack of Cooperation Post Hack Incident
Worldcoin’s World IDs Debuts on Solana Blockchain Network
https://bitcoinik.com/worldcoins-world-ids-debuts-on-solana-blockchain-network/feed/
https://bitcoinik.com/worldcoins-world-ids-debuts-on-solana-blockchain-network/feed/
