WorldCoin’s iris scanning approach deemed evil, security experts predict high probability of failure

The recently launched WorldCoin human identity verification system has received a mixed response from the public. While the project bills itself as a privacy-preserving digital identity, many key players in the community consider the iris scanning process, the specialized Orb hardware device, to be Orwellian.

The crypto-focused project co-founded by OpenAI CEO Sam Altman has seen significant security concerns due to the potential for it to be exploited by hackers.

Slow Mist Founder’s Thoughts on WorldCoin

WorldCoin is receiving a new wave of criticism from the founder of Slow Mist, who does not believe that the project has high expectations. blockchain security expert executive Said If WorldCoin succeeds, it would be a “bad” creation, but added that it has a “high probability of failure”.

“What is iris? It is the most stable and durable unique mark on your person (unless you are blind), far more reliable than face and fingerprint verification. I’ve read the WorldCoin white paper, and the promises in it are really good, but we still need to be cautious about a new category of things.

The founder also asked users to exercise extreme caution when interacting with the project.

feedback so far

Former US intelligence contractor Edward Snowden offered a surprising analogy, comparing the protocol’s approach to treating the human body as a mere ticket punch. The privacy advocate urged her followers not to “list your balls.”

Don’t use biometrics to prevent fraud.

In fact, don’t use biometrics for anything.

– Edward Snowden (@Snowden) 23 October 2021

Ethereum co-founder Vitalik Buterin also published a detailed blog post on Monday based on “decentralized proof-of-society,” the concept at the heart of WorldCoin. He said the privacy issues in the project are relatively mild but he pointed to some obvious centralization issues. The executive also pointed to risks such as malicious entities linking one person’s iris to another’s app and AI-generated 3D iris.

Dogecoin co-creator Billy Marcus, better known as ‘Shibetoshi Nakamoto’. Specified The newly launched cryptocurrency WLD has been described as “spooky and weird”. Stephen Livera, a popular bitcoin podcaster from Australia, Said This project is “totally a fire in the dumpster”.

Despite the uproar, Worldcoin investors reportedly boast High-profile names including a16z, Coinbase Ventures, Digital Currency Group (DCG), as well as some questionable names such as former FTX boss Sam Bankman-Fried and bankrupt hedge fund, Three Arrows Capital (3AC).

WorldCoin, for its part, has been careful not to launch its WLD token in the United States to ensure it doesn’t run directly into legal issues, especially at a time when the country’s watchdogs have increased their scrutiny.