Optimism (OP) network users have been doing a double take recently in response to a rash of Safe deployments–but no need to worry– Worldcoin is here to help, not harm! Over the past week, Worldcoin’s developer Tools For Humanity have been stealthily deploying Safes on the Optimism network in preparation for their upcoming app launch. Safes are multi-signature smart contract wallets used by apps and teams for transaction approvals. Worldcoin uses Safes for gas-free transactions to verify humans. The app was planned to migrate to Optimism from Polygon before the Safes were discovered.
Safes: Multi-Signature Smart Contract Wallets for App Transactions
Apps and development teams use Safes as multi-signature smart contract wallets for transaction approvals. Worldcoin utilizes the Safes to provide gas-free transactions exclusively to verified humans. Worldcoin planned to move its app to Optimism from Polygon before discovering the Safes.
Twitter users were suspicious of the Safes and questioned the identity and intentions behind the wave of transactions. Was it a Sybil attack or some sort of new address-farming technique? After Spreek, an on-chain researcher, noticed the unusual activity, a GnosisDAO contributor alerted the Gnosis team.
However, it is crucial to exercise caution and avoid excessive speculation. Will Sheehan, the founder of Parsec Finance, and one of the Twitter users involved in the conversation, pointed out that the Safes were likely part of Worldcoin’s previously announced app migration plan. Moreover, Tiago Sada, Worldcoin’s head of product, ended the speculation with a confirmation in a series of tweets.
Partnerships with Regulated Exchanges for Seamless Transactions
Worldcoin’s “World App” is a gas-free crypto wallet accessible on Android and iOS. It uses the World ID system to differentiate humans from bots. Worldcoin partners with regulated exchanges like Moonpay and Ramp for seamless onboarding, offboarding, and Uniswap integration.
Worldcoin’s Safes are paving the way for their grand entrance onto the Optimism stage, solidifying their presence. Worldcoin’s Safes on the Optimism network ensure progress, prosperity, and protection against security threats and attacks. The company’s implementation of Safes, the Bedrock version on the Optimism network, has led to a notable rise in transaction volume. Lastly, it is expected to remain a bedrock of optimism now and well into the foreseeable future.
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