A group of crypto actors, including Ethereum (ETH) founder Vitalik Buterin, has been critical of Open AI co-founder Sam Altman’s Worldcoin (WLD).
Launched during the day and within a short time 24 hour trade volume 289 million raising the dollar WLD, by the cryptocurrency market interesting proved to exist. By scanning people’s irises (the colored area around the pupil) create a digital identity and with this method global well-being more even distribution The project, which aims to carry out various studies on attention in response to the system 4 big risks stating that it contains Vitalic Buterine many actors, including anxiety And of your criticisms became the target.
Vitalik Buterin: Has Four Big Risks
Vitalic Buterine Adopted by Worldcoin with a constructive approach Proof of Personhood (PoP) system of 4 big risks mentioned. According to Buterin, the associated risks of the PoP decentralization, privacy, security And accessibility created.
Ethereum founder, in order for people to create a digital identity within the Worldcoin project. orb device with irises have to scan noted that. In this context, devices inclusive somehow failure to distribute case of the project geographically homogeneous to a user base not having mentioned the risk. However, at this point worldcoin, your phone number also one authentication method made statements that it could be used as a
The founder also security regarding the project, although to security Although important, identity information theft at the point an inherent risk he said he had.
Also Orb’s structural integrity cannot be verified. Pointing out, Buterin said that the Worldcoin Foundation has a plan for future implementation. back door highlighting the potential to add risks of decentralization drew attention. Buterin is a member of the Worldcoin Foundation. through the back door fake IDs of the creation probable stated that.
The last point Buterin mentioned was the security risks of the system. Ethereum founder app fake IDs, identity theft or lease as well as traditional acts of forgery such as 3d fake people by creating for people who are not identity that it can be created also noticed.
Like Worldcoin’s iris scanning system biometric models, peoples “is human” or “not” quite towards definite And fragile Stating that he will reach a conclusion, Buterin said that a person accidentally “not human” towards incorrect data if this person is created will be deprived stated.
On the other hand, no verification system it’s not perfect Notable Buterin, biometric identification systems And identity data verification systems hybrid a version of these problems could be the solution expressed.
CryptoQuant CEO: Not Legal!
On-chain analytics platform CryptoQuant CEO Ki Young Jubecame one of the actors who criticized Worldcoin from many points. Young Ju said that scanning people’s irises is not legalany problem of the application can’t solve and WLD useless criticized the existence of a cryptocurrency. The CEO has the following statements on the subject: found:
Worldcoin: I’m going to scan the iris of everyone except the US, as they know this is illegal!
If this token (WLD) is only made to attract more users and is useless, it is a scam.
Tansel Kaya: Requires Prison in Turkey!
And also Mindstone Blockchain Labs CEO Tansel Kayain Turkey KVKK (Personal Data Protection Authority) laws collection of iris data of Turkish users or offering money for this purpose. imprisonment that it requires stated.
Worldcoin is not open to American users. Normally, collecting iris data of Turkish users in this way and offering money to collect it should be punished with imprisonment within the scope of KVKK.
Timothy Peterson: We already have a Worldcoin, it’s called Bitcoin
Cane Island Alternative Advisors manager Timothy Petersonas a current world currency of the crypto money ecosystem to Bitcoin (BTC) what you have and to get it to iris scan not needed he did.
According to Coinecko data WLD, at the time of writing from $2.21 is being traded.