Identity

World

Worldcoin

Orbs

World ID

<ol> 
 <li>Worldcoin assured users that their identity is protected amid growing privacy concerns.</li> 
 <li>The team also promised that it will prevent cross-application tracking with zero-knowledge proofs.</li> 
 <li>People who scan their eyeballs on Worldcoin Orbs can get a World ID and WLD coins.</li> 
</ol> 
<p>Despite a successful launching supported by leading crypto exchanges, Worldcoin (WLD) is finding itself in the crosshairs of crypto controversy for privacy issues. This, the team assures, is nothing but a myth.</p> 
<p>According to an official post, Worldcoin explained that its use of zero-knowledge proofs (ZKP) would protect the privacy of anyone who signs up for the project. In addition, its protocol would prevent cross-application tracking, a notorious practice being committed by modern cybercriminals today.</p> 
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   <p lang="en" dir="ltr">When you want to prove you are a unique human, you should be able to do so without revealing personal information about yourself.<br><br>In the Worldcoin Protocol, ZKPs are used to preserve users' privacy &amp; avoid cross-application tracking. <a href="https://t.co/Dbbsoqndip" rel="noopener noreferrer nofollow">https://t.co/Dbbsoqndip</a></p>— Worldcoin (@worldcoin) <a href="https://twitter.com/worldcoin/status/1684109345578160129?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 26, 2023</a> 
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<p>Worldcoin’s highly successful launching got overwhelmed by controversy when people realized that they have to scan their eyeball using Orbs — physical metallic spheres available on 20 countries — to prove that they are humans and not bots. In return, they get rewarded with WLD coins and are given a World ID to certify their humanity.</p> 
<p>Once the user gets a World ID, he can participate in Worldcoin’s newly-created crypto ecosystem, which has the same goal as Bitcoin.</p> 
<p>So far, only 11% of the total supply of WLD is in circulation. At the time of writing, each WLD coin is worth $2.30, according to CoinGecko. This makes it the 133rd-largest cryptocurrency in terms of market capitalization. WLD is also traded on leading exchanges like Binance, Huobi, Gate.io, and Bybit.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also :</h4> 
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 <li><a href="https://cryptonewsland.com/worldcoins-18-7b-valuation-a-meteoric-rise-toppling-titans-ada-matic-sol-doge/" rel="noopener noreferrer nofollow">Worldcoin’s $18.7B Valuation: A Meteoric Rise Toppling Titans ADA, MATIC, SOL, DOGE</a></li> 
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</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/worldcoin-debunks-privacy-accusations-assures-user-identity-protection/">Worldcoin Debunks Privacy Accusations, Assures User Identity Protection</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Worldcoin Debunks Privacy Accusations, Assures User Identity Protection

Crypto News Land

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