Worldcoin’s Privacy Pivot: Iris Codes Deleted As Part Of Major Security Upgrade
Summary
The Worldcoin Foundation released an open-source system for data protection, deleting previously collected iris codes. The system, based on secure multi-party computation (SMPC), aims to enhance data security, particularly for biometric data. The foundation collaborated with technologists to address limitations and regulatory concerns. Ethereum co-founder Vitalik Buterin praised Worldcoin's privacy efforts. Worldcoin is preparing to launch World Chain, an open-source Ethereum layer-2 blockchain, to enhance scalability and support a growing user base. The project has seen significant adoption and aims to address challenges posed by automated transactions.
