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World App Surpasses 500K Transactions in 24 Hours! The develo | Crypto News Source

World App Surpasses 500K Transactions in 24 Hours!

The
developers behind the Worldcoin project have recently unveiled a major update that promises to transform the World App wallet, making it more scalable and cost-effective than ever before. The update incorporates a series of cutting-edge technologies, with a primary focus on enhancing efficiency and reducing transaction expenses. Among the notable features included in this update are mixing and compression techniques designed to eliminate the majority of L1 Gas fees.

Moreover, the update also addresses the issue of network congestion and slow transaction processing by reducing the optimism load by two-thirds. This optimization not only accelerates transaction confirmations but also enhances the overall reliability of the World App wallet. Since the release of this game-changing update, World App has experienced an unprecedented surge in activity. The single-day transaction volume on the platform has soared to staggering heights, exceeding 500,000 transactions in a 24-hour period. This remarkable achievement underscores the profound impact of the recent update and the growing popularity of Worldcoin and its associated technologies.

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