Worldcoin surges 10% after expanding World ID to Solana via Wormhole

Worldcoin surges 10% after expanding World ID to Solana via Wormhole
фото показано с : cryptoslate.com

2024-9-14 21:30

Worldcoin announced that the Wormhole interoperability platform has expanded its World ID feature to the Solana blockchain, according to a Sept. 13 statement.

The expansion is the result of a Worldcoin Foundation grant, which supported the integration of World ID with Solana. However, the feature is not yet active as its smart contracts are still undergoing a security audit, which is expected to be finished in the coming weeks.

WLD climbed 10% to $1.61 following the news before retreating to around $1.51 as of press time, based on CryptoSlate’s data.

World ID on Solana

World ID is key to Worldcoin’s mission. It uses eye scans from Worldcoin’s Orbs to create unique IrisCodes. These codes generate World IDs to verify human identity and tackle the proliferation of bots in the digital world.

Worldcoin stated that the move would allow Solana developers to build applications that “prioritize real humans.”

Wormhole, a cross-chain platform, will enable this on Solana by allowing protocols on the network to seamlessly authenticate people’s World IDs, which were originally verified on Ethereum. World ID is initially built on Ethereum and Optimism.

Robinson Burkey, co-founder of the Wormhole Foundation, commented:

“Bringing World ID to Solana is a big step forward for identity verification. With the integration of World ID and Wormhole Queries, developers can now easily build applications that prioritize real users across chains, improving trust in decentralized ecosystems.”

The post Worldcoin surges 10% after expanding World ID to Solana via Wormhole appeared first on CryptoSlate.

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