The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs

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The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs
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Marc Hochstein is CoinDesk's Deputy Editor-in-Chief for Features, Opinion, Ethics and Standards. He holds BTC above CoinDesk's disclosure threshold of $1K and de minimis amounts of other digital assets (details in bio).

XRP Price Surges Amid Record Futures Bets; Who Will Be the Next U.S. Treasury Secretary?What Mark Zuckerberg can teach DAOs about governanceOver two years ago, Sam Altman, co-founder of OpenAI, launched Worldcoin, a blockchain project known for its distinctive metal orb used to scan eyeballs. Recently rebranded as “World Network,” the platform provides users with digital passports — verified through the iris scans — to help online services differentiate humans from bots in an AI-driven internet.

Shareholder activism is a non-starter in Mark Zuckerberg's empire, because the company's dual-class share structure – where insider-held Class-B shares have more voting weight than Class-A shares available to the public – means he maintains roughly 58% voting control of the company. That is how a whale – a large token holder – who goes by the handle Humpy and his"GoldenBoys," an affiliate group directed by Humpy or perhaps Humpy himself, ran what some called a"They used their collective voting might to allocate $24 million worth of COMP tokens into a yield-bearing protocol called goldCOMP, controlled by them, to generate passive income for token holders.appeared to"dox" – or name – Humpy and accused him of having ties to criminal networks.

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