The article discusses World, formerly known as Worldcoin, and its newly launched blockchain, World Chain, which introduces Priority Blockspace for Humans (PBH). This revolutionary model addresses network congestion issues caused by automated bots, ensuring that verified human users take precedence in transaction processing. Users receive a World ID through iris scanning, establishing their unique identity. This innovation aims to create a fairer digital experience for 13 million users, as opposed to the existing models that favor wealth and automation, making accessibility and reliability central to its design.
Instead of a bidding war, it uses a person's verified humanity as the ultimate pass to the front of the line, ensuring that during high traffic, it is the human users who are served first, not the bots.
World ID, the project's controversial yet core component, requires a user to have their iris scanned by a physical device called an Orb, ensuring a proof of personhood.
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