Worldcoin, a cryptocurrency project, has announced the launch of its Layer-2 network, World Chain, to enhance scalability and efficiency. The network aims to address issues such as network congestion and transaction fees.
Worldcoin founder, Sam Altman, said the launch of World Chain is a crucial step towards making Worldcoin a user-friendly and scalable cryptocurrency. Built on top of the Ethereum blockchain, World Chain is designed to handle a higher volume of transactions at a faster pace than the main Worldcoin network. World Chain will also enable new features within the Worldcoin ecosystem, such as advanced smart contract capabilities and improved cross-chain interoperability.
The rebranding effort includes a new visual identity and a refreshed “World” name, aligning the project’s branding with its goal of becoming a global, user-friendly cryptocurrency.
