Worldcoin token launch sparks response from Vitalik Buterin

Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system.

On July 24th, Buterin tweeted his response to Worldcoin which launched on the same day.

Worldcoin, along with similar identity solutions, such as Proof of Humanity, BrightID, Idenam and Circles, believe that as artificial intelligence (AI) advances, it will become increasingly difficult to distinguish between humans and machines.

Most of these systems that supply a token type, such as Worldcoin, also see human utility being endangered by bots and therefore needing a universal basic income.

Buterin writes that these factors combined beckon the need for digital verification of humans. He argues that this system of proof of personhood is valuable to solving “anti-spam and anti-concentration-of-power problems.”