World Coin: A Proof of Personhood

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

World ID is an identity protocol on top of this idea of proof of personhood that then lets developers and other people attach verifiable credentials. The only thing that actually leaves the device goes to a back end that later will be decentralized as well but right now goes to back end uniqueness check happens. World coin does not require your name date a birth address or anything like this correct okay cool so why do we need this in this coming era yeah I think Sam one of the reasons why you're a co-founder of world coin is that it will you would find it, he says.

Disclaimer: This episode was recorded on May 14th, 2023

David is joined by Worldcoin Co-Founders, Alex Blania and Sam Altman. Alex is Worldcoin’s CEO and Sam is CEO of OpenAI. Both Co-founded Worldcoin in 2020.

Worldcoin is one of the most ambitious crypto projects in the space. It’s Worldcoin’s philosophy that the best way to produce unique verifiable humanness is through human biometrics that map to our unique DNA. This is the most robust way to achieve sybil resistance. That is why Worldcoin created its silver Orb that scans user's eyeballs.

Why scan the eye? Is it safe? How is data stored? What’s Worldcoin’s crypto token distribution plan? All of these questions and much more answered in the episode.

------ ✨DEBRIEF | Unpacking the episode: https://www.bankless.com/debrief-worldcoin

------ 🚀Join Ryan & David at Permissionless in September. Bankless Citizens get 30% off https://bankless.cc/GoToPermissionless

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2 ⁠

🦊METAMASK PORTFOLIO | TRACK & MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask

⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ⁠

👾POLYGON | VALUE LAYER OF THE INTERNET https://polygon.technology/roadmap

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku

------ TIMESTAMPS

0:00 Intro 6:15 Inception of Worldcoin Idea 8:35 How Sam & Alex Met 10:57 Why Scan Eyes 16:35 The Technology Behind the Orb 21:40 Worldcoin & Privacy 25:05 How Worldcoin Data Flows 28:35 Why Worldcoin is Needed 33:02 Proof of Personhood & Crypto 35:05 Worldcoin’s Distribution Plan 36:49 Worldcoin’s Complexity & Pressure 39:25 Sam’s Involvement with Worldcoin 39:47 Worldcoin & Optimism 42:00 Orb Operations 48:10 Worldcoin Roadmap 49:25 The Ups & Downs of Worldcoin 53:10 Reflecting on Worldcoin’s Critiques 56:10 What Does Worldcoin Need the Most? 56:50 Where Sam Stands on AI Alignment 59:20 Closing & Disclosures

----- RESOURCES

Worldcoin Privacy Deep Dive https://worldcoin.org/blog/developers/privacy-deep-dive

Worldcoin https://worldcoin.org/

Alex Blania https://twitter.com/alexblania

Sam Altman https://twitter.com/sama

------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures ⁠