World Chain Launches Priority Blockspace for Humans: A Leap Towards Human-Centric Blockchain Transactions
In a groundbreaking development for the blockchain community, World Chain has unveiled its latest innovation: the Priority Blockspace for Humans (PBH). This novel tool aims to set a new standard by prioritizing genuine human transactions over automated bots, enhancing transaction speed and reliability within the blockchain ecosystem. This initiative is part of World Chain’s ongoing mission to create a blockchain network centered around human users, as shared in a recent announcement.
The Genesis of Priority Blockspace for Humans
At the core of the PBH mechanism is a strategic implementation within World Chain’s block-building logic. By reserving a portion of the block’s space specifically for transactions from Orb-verified humans, the platform ensures that real users have a designated “priority lane” in situations of network congestion. “Where bots create congestion, PBH provides a priority lane for real humans,” emphasized World in their announcement.
This approach is not merely a reaction to current market conditions but a proactive strategy aimed at building a blockchain that genuinely serves humanity. The initiative reflects an understanding of the intricacies of blockchain technology while prioritizing user experience.
Understanding the Bot Problem in Blockchain
The prevalence of bots on blockchain networks mirrors the challenges faced across the internet. As technology evolves, the issue of bot activity has become increasingly problematic, often leading to high traffic congestion. Automated trading bots, for instance, are prevalent tools designed to undertake repetitive trading tasks for users, dominating a significant portion of blockchain transactions.
According to Steven Smith, head of protocol at Tools for Humanity (TFH), crucial developers behind the World project, these bots could be responsible for as much as 80% of blockchain transactions. While many bots fulfill legitimate roles, others, such as those involved in airdrop farming, result in heightened congestion and inflated transaction fees, complicating the network’s efficiency.
Collaboration with Leading Development Teams
World Chain’s initiative is supported by a collaborative effort with prominent organizations within the Ethereum ecosystem, notably Flashbots, focused on the miner/maximal extractable value (MEV) landscape. MEV bots exploit transaction ordering opportunities within blocks for profit, a practice that can further aggravate the congestion problem.
The collaboration with TFH and other partners, such as the Ethereum L2 scaling solution Optimism and the development platform Alchemy, is pivotal in refining PBH’s availability and readiness for production. By combining expertise from multiple sources, World Chain is poised to elevate the efficiency and functionality of its blockchain.
The Dual Nature of Bots: Acknowledging Their Value
While recognizing the challenges posed by bots, World also acknowledges their value across various platforms, including social media. The dialogue surrounding bot usage is nuanced; many serve beneficial purposes while others contribute to dysfunction within networks. A spokesperson for World noted, “World wants to help ensure that participants in the real human network can distinguish between human-centered and synthetic interactions.”
This perspective aligns with industry sentiments, such as those expressed by former Binance CEO Changpeng Zhao, who has advocated for a complete ban on bots in social media spaces. The conversation around bots continues to evolve, raising questions about user experience and platform reliability.
A New Framework for Transaction Ordering
Unlike traditional priority systems based on gas fees or financial bidding, PBH introduces a novel metric for transaction prioritization: humanness. “With PBH, Orb-verified World network participants are guaranteed priority access to ensure reliable transaction inclusion during periods of congestion,” the World team shared. This human-centric approach aims to create a more equitable environment for blockchain users, ensuring that they are not competing with bots for transaction inclusion.
In this fast-paced and ever-changing blockchain landscape, World Chain’s PBH mechanism could mark a significant evolution toward a more inclusive platform that values the participation of real users without the interference of automated systems. By reimagining how transactions are prioritized and implemented, World is steering the future of blockchain towards a more human-centric model, potentially reshaping the user experience in the digital landscape.