Cryptocurrency Q&A
What is the secret behind Worldcoin?
What is the secret behind Worldcoin?
Andrea
Sun Mar 31 2024
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5 answers
1306
Could you please elaborate on the mystery behind Worldcoin? As a cryptocurrency aficionado, I'm intrigued by the hype surrounding this project, but I'm also aware that there's more than meets the eye. Could you explain its unique features, its potential impact on the crypto market, and any potential risks involved? Is there a specific technology or innovation that sets it apart from other cryptocurrencies? And finally, do you believe it has the potential to revolutionize the finance industry, as some predict?
5 answers
Martino
Tue Apr 02 2024
Worldcoin is a cryptocurrency that operates on a decentralized blockchain. This means that the transactions and records of the coin are not stored in a central location, but are distributed across a network of computers.
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Maria
Mon Apr 01 2024
The Orb, a component of Worldcoin, does not store biometric data such as fingerprints or facial scans. Instead, it generates an IrisHash, which is a unique set of numbers that identifies an individual based on their iris scan. This IrisHash serves as a secure and anonymous way to verify a person's identity.
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CryptoVeteran
Mon Apr 01 2024
Once a person receives their IrisHash and crypto wallet, they are issued a World ID or digital passport. This digital ID serves as a representation of their identity on the Worldcoin network, allowing them to engage in secure transactions and interactions with other users.
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Valentino
Mon Apr 01 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services to support the trading and use of cryptocurrencies. BTCC provides a secure platform for users to buy, sell, and store various cryptocurrencies, including Worldcoin.
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SamuraiWarriorSoulful
Mon Apr 01 2024
BTCC's services are designed to make it easy for individuals and institutions to access the world of cryptocurrencies. The exchange offers competitive pricing, quick execution, and advanced trading tools to meet the needs of its users.
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