Worldcoin is in the process of migrating to its own blockchain, called World Chain, rather than continuing to rely exclusively on Ethereum or layer 2 solutions like Optimism. This new blockchain is designed to support the massive digital identity infrastructure that Worldcoin aims to build, including its biometric verification system World ID.$WLD
The purpose of this migration is to streamline transactions and improve the scalability of the network, as Worldcoin seeks to process millions of IDs quickly and efficiently. By having its own blockchain, Worldcoin will be able to offer greater control over fees, transaction times, and the features needed for its decentralized identity ecosystem, allowing it to handle anticipated growth without the limitations of other networks.
This change promises to improve the user experience and ensure that the platform can support global adoption, without relying on the fluctuations and congestion of external networks like Ethereum.
1. Make sure you have a verified account on Binance: If you haven't already, complete the KYC (Know Your Customer) verification process to enable withdrawals and deposits. 2. Log in to your cryptocurrency wallet or platform: From where you have stored the WLD (such as an external wallet or an exchange other than Binance). 3. Select the âWithdrawâ option: Find the WLD cryptocurrency in the list of assets available for withdrawal.
If you are considering investing in Worldcoin (WLD), the recent price movements suggest a positive trend, especially following its partnership with Dune Analytics and the impending activation of World Chain. The question is: how far will this growth go? Some analysts are pointing to a possible rally upwards but in the volatile world of cryptocurrencies, this could change quickly ïżŒ ïżŒ. What do you think, will you continue to bet on WLD despite the inherent risks or would you rather wait a little longer to see how these events unfold?$WLD
Worldcoin (WLD) price prediction suggests moderate growth in the short term, driven by recent developments such as its partnership with Dune Analytics and the upcoming launch of World Chain. The token has shown a significant 17% increase in response to this news, and its price is expected to reach $2 if the trend continues. However, the volatility of the cryptocurrency market remains a major factor, so investors should remain cautious $WLD