World Chain, previously known as Worldcoin, has implemented the Priority Blockspace for Humans (PBH) to prioritize real user transactions over bots. This initiative aims to enhance efficiency and fairness in blockchain.
What is PBH Upgrade
The PBH upgrade is a significant step for World Chain. This initiative seeks to prioritize real users during transactions. Developed in collaboration with Flashbots and Alchemy, the project underwent a rigorous security review by Nethermind.
Impact on Transaction Efficiency
The PBH upgrade has the potential to transform global transaction prioritization standards, suggesting a more user-centric future. Steven Smith, Vice President of Engineering, stated: "By granting real human transactions built-in priority during block production, Priority Blockspace for Humans effectively makes World Chain fairer and more efficient..."
Future of Blockchain Ecosystem
Long-term implications include potentially more stable transaction fees and improved user accessibility. The increase in staking activities on World Chain may lead to a rise in Total Value Locked (TVL) and democratized blockspace in blockchain technology. Community support for the upgrade indicates a strong potential financial backing.
The PBH upgrade symbolizes a transformative step toward prioritizing verified users, potentially setting new industry standards and enhancing security and fairness in blockchain operations.
