- Polygon (MATIC) developers have backed a Worldcoin rival project.
- The rival project, Humanity Protocol, claims to address privacy and ethical concerns raised by Worldcoin.
- The project has disclosed a near launch of its testnet with rewards for participants.
As far as projects go, Worldcoin (WLD) remains one of the most polarizing in the crypto space. Despite the WorldID systemโs potential of helping decentralized systems distinguish humans from bots and the project’s lofty goal of Universal Basic Income (UBI), its methods continue to rub most crypto users the wrong way over privacy and ethical concerns.
Amid these debates, Polygon Labs, the team behind the Polygon (MATIC) network, and gaming-focused VC Animoca Brands have thrown their weight behind a rival project called Humanity Protocol, touted as less invasive and more secure.
Sponsored
Can Humanity Protocol navigate the biometric capture concerns raised by Worlcoinโs iris scanning technology?
Human Institute ร Polygon Labs ร Animoca Brands Unveil the Human Layer
On Tuesday, February 20, Human Institute announced Humanity Protocol, a zero-knowledge-powered Layer 2 chain backed by Polygon Labs and Animoca Brands and powered by the Polygon CDK. Like the Worldcoin project, Humanity Protocol, dubbed the Human Layer of Web3, will allow users to create verifiable digital identities.
Unlike Worldcoin, developers assert that Humanity Protocol’s โProof of Humanity (PoH)” consensus model, which utilizes palm recognition and ZK proofs, is a less invasive and more privacy-preserving method. According to developers, the Humanity Protocol model allows users to own their identity and data completely.
โHumanity Protocol navigates the fine line between sybil-proofing vs protecting the core values of decentralization and anonymity,โ Polygon Labs emphasized.
Human Institute tipped Humanity Protocolโs integration of Sybil resistance with native credential verification at the node level to unlock a flurry of novel use cases. These use cases include the elimination of bots on decentralized social networks, airdrops, and user verification on tokenization projects.
Developers have asserted that the project’s testnet will launch soon, hinting at potential rewards for network participants.
With the growing prevalence of bots and AI deepfakes, more projects will likely pop up offering digital identity solutions that offer sybil resistance and credential verification.ย
On the Flipside
- The Humanity Protocol has yet to launch.
- Worldcoin recently received renewed interest following the launch of OpenAI’s Sora.
Why This Matters
Humanity Protocol promises to revolutionize digital identity like Worldcoin while reducing ethical and privacy concerns.
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