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Re:Worldcoin: A solution in search of its problem by espadrine on Sunday July 30, 2023 @01:28PM (#36933640)
The signup module is indeed a centralized system, which then records the new registration on a distributed ledger (which only someone with Worldcoin’s private key can do). From there, payment operations are done distributed on Ethereum / L2.

The signup process is always a sensitive part of a cryptosystem, and open network membership is not always expected (for instance, CBDCs, Ripple…). There is certainly a philosophical argument to be made against closed membership, since it can disadvantage people that struggle for access, and lets the company discriminate in the future once they get a stronghold, which can be especially problematic considering the primary value of human-uniqueness is to restrict voting to an in-group whose bounds historically have been heavily argued even in non-repressive regimes.

But it seems unlikely to become predominant. Some people have prosthetic eyes; I would be hard-pressed to imagine, say, Apple releasing an iPhone that is inaccessible to a population in such a significant way.

Re:Worldcoin: A solution in search of its problem by konschubert on Sunday July 30, 2023 @01:36PM (#36933743)
If you have centralised signup and identity you may as well run a Postgres DB or a git repo.

It could still be a cool idea, but I don’t get how this needs crypto?

Re:Worldcoin: A solution in search of its problem by jonny_eh on Sunday July 30, 2023 @01:43PM (#36933848)
How else do you get A16z to invest?
Re:Worldcoin: A solution in search of its problem by mousetree on Sunday July 30, 2023 @01:51PM (#36933951)
You play League of Legends while on a pitch call with them
Re:Worldcoin: A solution in search of its problem by polynomial on Sunday July 30, 2023 @01:59PM (#36934061)
I believe that was Sequoia? Who just massively downsized that very fund this week. (Tho he did seem to play LoL on a lot of calls…)
Re:Worldcoin: A solution in search of its problem by optimalsolver on Sunday July 30, 2023 @03:15PM (#36934861)
That sounds like a real power-move from a top-tier mind.
Re:Worldcoin: A solution in search of its problem by polynomial on Sunday July 30, 2023 @01:58PM (#36934042)
Presumably so that the underlying system can be auditable by 'anyone'?
Re:Worldcoin: A solution in search of its problem by FabHK on Monday July 31, 2023 @12:19PM (#36944920)
That can still be done by streaming the updates to whoever wants them (can even hash each chunk of updates, and include the hash of the prior chunk in each chunk, to get a linked list of chunks, which would prevent undetected manipulation of prior chunks).