3min chapter

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Orb Outrage: Worldcoin Cofounder Defends Project Amid Backlash - Ep. 528

Unchained

CHAPTER

The Black Market and the Importance of Zero Knowledge Proofs

There was this black market that popped up where people were selling world coin credentials. Users in countries where world coin is not active can't participate, which was mostly China. However, what you as a user will be able to do is you will just be able to recover your world coin by showing up on an orb again. You don't need Iris verification for that step anymore. But what happens is the orb takes also a picture of your face, signs that and sends that locally to your phone. And then with your local phone camera, you prove that you are still the same person.

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