Symbol WDC
Established 14.05.2013
Website URL Link
Block explorer Link
Off. announcement​ Link
Founder Nathan Gudmunson
Algorithm Scrypt
Protocol POW
Reviews 0 / 0

Worldcoin was created by Nathan Gudmunson and released to the public in May 2013. It’s based in Lincoln, Nebraska Worldcoin (WDC) is a decentralized open-source digital currency. Its primary goal is to serve as a business-friendly payment network. Worldcoin takes pride in its lightning fast transaction speeds. A WDC transaction is carried out in less than 60 seconds.

The coin's creators aim to sponsor major ideas and breakthroughs, starting with an installation of a Worldcoin community-sponsored clean water well in Kenya.

Worldcoin employs the swift and resource-efficient Scrypt mining algorithm, which enables transaction confirmation times of 60 seconds or less (a lot faster than Bitcoin’s four minutes, thanks to the SHA-256 mining protocol). Worldcoin's supporters claim that this is the reason why both consumers and merchants prefer Worldcoin.

The current reward for miners is 64 coins, but this figure is going to shrink by 1% each week. Worldcoin wallet is available on Windows, Mac OS X, and Linux.


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