Ethereum Creator Vitalik Buterin Raises Eyebrows Over WorldCoin's Proof-of-Personhood: 'Iris Scans Might Reveal More Information'
Portfolio Pulse from Mehab Qureshi
Ethereum co-founder, Vitalik Buterin, has expressed concerns about WorldCoin's proof-of-personhood system as the cryptocurrency goes live on Binance. Buterin highlighted the importance of proof of personhood in preventing manipulation of decentralized governance by wealthy actors and hostile governments. He pointed out potential risks associated with government-backed identity systems, including privacy breaches, limited accessibility, potential centralization, and security vulnerabilities. He also suggested that a combination of different approaches may be the most effective solution.
July 24, 2023 | 10:12 am
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Ethereum co-founder's concerns about WorldCoin's proof-of-personhood system could potentially impact the perception of Ethereum's own security and governance mechanisms.
While the news is primarily about WorldCoin, it involves Ethereum's co-founder, Vitalik Buterin. His views on security and governance in the crypto space could potentially influence the perception of Ethereum's own mechanisms in these areas.
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