Vitalik Buterin Raises Concerns Over World’s One-Human-One-ID Model
Ethereum co-founder Vitalik Buterin has raised concerns about Sam Altman's digital identity project, World, which utilizes a one-human-one-ID model. This approach may jeopardize pseudonymity, a key aspect of internet and crypto culture.
- World claims over 13 million verified users through its iris-scanning technology.
- The project distributes the WLD token in exchange for biometric verification.
- Buterin recognizes the technical benefits of zero-knowledge proofs used in the system but warns against its implications for user privacy.
- He advocates for a pluralistic identity model that supports multiple identities rather than a single verified persona.
Market Analysis
WLD’s price is currently around $0.895 after a decline from recent highs. Key levels include:
- Recent high: $1.656
- Recent low: $0.778
- Significant Fibonacci level at $1.468 (0.786 Fib)
- Support levels at $1.280 (0.618 Fib) and $1.217 (0.5 Fib)
- Potential recovery level at $1.12 (0.382 Fib)
Current RSI is at 41.43, indicating bearish sentiment, with sellers dominating the market.
Future Developments
World continues to expand despite scrutiny, having launched in the US and introduced a Visa debit card linked to the WLD ecosystem. The project has also partnered with Tinder in Japan to enhance user verification on dating platforms.