- World Chain has already facilitated over 6 million transactions and seen the creation of 21 tokens since its launch.
- Over 1,200 accounts on World Chain have completed at least one EOA transaction, showcasing rapid adoption.
Worldcoin started the Ethereum Layer 2 network, World Chain, which has lately attracted a lot of interest. Comprising the Optimism Superchain, this network runs to improve scalability and prioritize human users.
On World Chain, over 1,200 accounts currently have at least one externally owned account (EOA) transaction recorded, according to Alchemy.
Moreover, the network has already helped to create 21 different tokens and enabled over 6 million transactions. As World Chain builds itself in the Layer 2 ecosystem, these early data show a fast increasing acceptance.
Optimizing Scalability and Prioritizing Verified Human Users on World Chain
World Chain makes use of the same technology driving other well-known optimism-based chains—the OP Stack architecture. Along with improving scalability, this underlying architecture provides a solution for one of blockchain’s most urgent problems: network congestion.
World Chain gives transactions from confirmed human users top priority in an attempt to lessen the effect of bots. This concept seeks to minimize costs and maximize general efficiency by allowing actual users quicker access to block space.
Furthermore noteworthy is the network’s creative approach to transaction costs. Users of Worldcoin’s native token, WLD, can pay fees even though ETH is still the natural gas token used on the network.
Verified users get from a gas allotment, therefore reducing the obstacle for casual transactions. Fees paid by bots and power users help to support this system, therefore enabling a more inclusive environment for regular users.
World Chain’s relationship to Worldcoin lends still another level of relevance. The capacity of this network to manage mass adoption reflects Worldcoin’s goal to build a human-centric blockchain. Future scalability of World Chain is of great relevance given over 10 million World App users projected to migrate to it.
World Chain has concentrated on maximizing its gas objective, which presently enables 5 MGas per second, double the capacity of the OP Mainnet, to meet this demand. Further improvements are scheduled as the network expands to guarantee that it can manage rising transaction volumes without sacrificing speed.
Meanwhile, the native token of Worldcoin, WLD, is trading at over $1.73 at the time of writing, down 1.76% over the last 24 hours. Positively, though, WLD has shown a 22.04% rise over the last 30 days, suggesting long-term strong bullish momentum.
