Worldcoin takes a leap towards its goal of an inclusive decentralized identity network. The Worldcoin Foundation and Tools for Humanity (TFH) commit their support to the Optimism Collective, collaborating to realize the Superchain vision. Together, they will construct a scalable blockchain ecosystem using the OP Stack.
The first milestones include the availability of World ID, a privacy-centric identity protocol, on OP Mainnet, and the migration of TFH’s World App for seamless transactions with Worldcoin, digital assets, and stablecoins. These developments aim to expand accessibility and cultivate a vibrant community of developers and users, with a beta sign-up base of over 1.6 million and 500,000+ monthly active World App users.
Setting the Stage for Web3 Identity and Governance
The Optimism Collective is driving the creation of an economic engine rooted in positive-sum games, with decentralized identity playing a pivotal role. By embracing a decentralized identity, the collective aims to unlock the potential of democratic governance, foster innovation, and empower individuals to take charge of their finances.
This approach enables people to participate in the global economy on their own terms, revolutionizing the way economic interactions occur. The introduction of World ID to OP Mainnet marks an initial milestone in the expansion of the future Web3 identity and governance realm. This development holds the promise of bolstering the capabilities of Optimism’s ecosystem, notably the Citizens’ House governance and the innovative AttestationStation project.
Collaborating hand in hand, these two communities strive to establish inclusive and transparent identity foundations that can be harnessed by individuals and applications across the Superchain and beyond. Worldcoin and Optimism’s fruitful collaboration, which commenced nearly a year ago, yielded joint contributions to EIP-4844, a game-changing initiative aimed at reducing L2 fees by a factor of 10. Coinbase, a key contributor to 4844, shares a clear alignment with Optimism’s Superchain vision through their Base project.
With the pieces falling into place, EIP-4844 is now poised to be incorporated into Ethereum‘s next hardfork. United in purpose, Worldcoin and Optimism join forces to bring forth a future that scales seamlessly and fosters inclusivity, unlocking the boundless potential of cryptocurrency. This collaboration propels the evolution of blockchain-based identity, paving the way for a transformative era in the digital realm.