Fun

Worldcoin partners with Alchemy to build blockchain infrastructure

News Feed - 2024-06-27 12:06:00

Savannah Fortis8 hours agoWorldcoin partners with Alchemy to build blockchain infrastructureWorldcoin revealed a partnership with Alchemy to build out infrastructure for its blockchain World Chain, which is also the new home for its World ID and World App.809 Total views2 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksWorldcoin, the iris-scanning biometric digital identity project, and the Web3 development platform Alchemy revealed a new partnership to build out the infrastructure for the World Chain ecosystem. 


On June 26, Worldcoin announced that its collaboration with Alchemy will give World Chain developers immediate access to its complete and comprehensive Web3 developer platform.


This includes both core and data APIs, indexing solutions and a suite of other tools needed by developers to power their apps.


In addition, the tools include an account abstraction infrastructure that will improve the safety and security of self-custodial wallets in the World Chain ecosystem.


Alchemy will also be integrating World ID as a part of its tool set, which would give millions of developers worldwide access to the digital ID technology.The human-centric blockchain


Noam Hurwitz, engineering lead at Alchemy, told Cointelegraph that he believes the partnership will help make “meaningful progress” toward bringing a billion users onchain and increase developers’ opportunities to create “human-forward applications.” 


World Chain was first introduced in April 2024 as a blockchain designed for humans. According to Tools for Humanity, one of the key contributors to the World Chain ecosystem, it will work alongside Optimism, Coinbase and the wider Ethereum ecosystem as part of the Superchain.


It is still pending migration from OP mainnet and will serve as the new home for Worldcoin’s World ID, which users receive after completing an iris scan at one of the many orbs worldwide, as well as the World App.


Related:Kenya drops Worldcoin probe — ‘No further police action’Building large-scale infrastructure 


World Chain’s human-centric optimization uses verified World IDs to allot holders priority blockspace and a free gas allowance for casual transactions, to push out the bots and give developers better access to real users.


Steven Smith, head of protocol at Tools for Humanity, told Cointelegraph that World Chain aims to be the first blockchain designed for humans and the largest on-ramp for humans to come onchain.“With that comes the need for infrastructure that can operate at an extremely large scale.”


He said the choice to partner with Alchemy was highlighted by the fact that it has proven experience “ensuring guaranteed uptime and reliability” for major enterprises.


In a forthcoming episode of Decentralize with Cointelegraph, host Savannah Fortis sits down with Smith to better understand Worldcoin and its mission for the future of decentralized digital identity on a global scale.


Magazine:Crypto game rewards not ‘crucial,’ Farmville creator makes case for beta releases: Web3 Gamer# Blockchain# Decentralization# Identity# WorldcoinAdd reaction

News Feed

Ezra Reguerra30 minutes agoLaos halts electricity supply to crypto mining projects amid droughtThe drought that the country experienced in the first half of 2023 resulted in higher electricity demand and lower power gene
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
Tom Mitchelhill7 hours agoTeraWulf Bitcoin production falls 21% in Q2, looks to AI expansionBitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35
What Will Send Dogecoin Soaring? Analyst Reveals The Key Drivers
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ray Salmond5 hours agoBNB price pops, then drops, following news of DOJ-Binance settlementThe BNB token defied Nov. 21’s wider market downturn with a high-volume rally, which saw its price hit a five-month high at $271
Bitcoin Breaks ATH Pushing Back Into Price Discovery – BTC To $130K?
Este artículo también está disponible en español. Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger mo
Cointelegraph Innovation Circle9 hours ago16 tips to help blockchain companies refine their marketing messagesBlockchain companies aren’t just selling themselves; they’re also selling the industry’s technology and
Bitcoin Breaches 12-Year Support Line Against Gold – Is The Bull Run Over?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman Tether Limited has released an assurance report reviewed by Moore Ca
Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case
Ex-Coinbase Manager"s Brother Sentenced to Prison in Crypto Insider Trading Case A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.
Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High
Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation fi
Estonia shows AI-powered decentralized networks could transform US policy
Christopher Koopman1 hour agoEstonia shows AI-powered decentralized networks could transform US policyEstonia is serving as an example of how smaller nations can use technology to punch above their weight and enhance the
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios JP Morgan has outlined three key reasons why investors should add bitcoin to their investment p