Cryptocurrency Q&A
What is worldcoin & how does it work?
What is worldcoin & how does it work?
FireFlyer
Sat Jun 22 2024
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6 answers
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Could you elaborate on the concept of Worldcoin and its operational mechanism? Specifically, what is its purpose and how does it function within the broader cryptocurrency and financial landscape? I'm interested in understanding its unique features, potential impact, and how users can engage with it. Additionally, could you discuss any challenges or limitations it faces, as well as any potential risks involved in its adoption?
6 answers
GeishaCharm
Sun Jun 23 2024
The Worldcoin project endeavors to disseminate a cryptographic token to individuals for the sole reason of their uniqueness.
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Bianca
Sun Jun 23 2024
While the project aims to reward individuals for their inherent uniqueness, it has garnered criticism.
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Riccardo
Sun Jun 23 2024
Central to this initiative is the utilization of a specialized device designed to scan individuals' irises.
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GeishaMelody
Sun Jun 23 2024
The primary concern revolves around the perceived privacy risks associated with the collection and storage of iris scan data.
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HallyuHeroLegendaryStarShine
Sun Jun 23 2024
This iris scanning process serves as a means to authenticate and verify the identity of each recipient.
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