TheCoinPath

  • Market Cap: $3,593,426,426,348.04
  • 24h Vol: $189,887,379,868.38
  • BTC Dominance: 54.34%
Confirmation: Worldcoin is responsible for the enigmatic Safe deployments.

Confirmation: Worldcoin is responsible for the enigmatic Safe deployments.

Twitter users speculated that thousands of Safe deployments to Optimism may be an attack, but it was later confirmed to be an app migration by Worldcoin. Worldcoin extensively uses Safes, which are multisignature smart contract wallets that ensure multiple team members must sign off on each transaction. The deployments caused a stir on Twitter, with some users speculating that it might be a Sybil attack or some kind of address-farming technique.

– Worldcoin is the cause of a slew of Safe deployments to the Optimism network over the past week.

– The deployments had caused a stir on Twitter, as users wondered who was causing them and what their purpose was.

– Some Twitter users had speculated that it might be a Sybil attack or some kind of address-farming technique used to profit from coins sent to the wrong address.

– A Safe is a multisignature smart contract wallet used by development teams to ensure multiple team members must sign off on each transaction.

– Worldcoin is known to extensively use Safes, as it offers gas-free transactions to verified humans.

– The Worldcoin team recently announced that it was migrating its app from Polygon to Optimism.

– Over the course of six days, Optimism address 0x86c5608362b3fbbeb721140472229392f754ef87 created over 50 subaccounts, each of which performed between 10,000 and 15,000 transactions, most of which created new Safe wallets.

– The transactions didn’t look “malicious,” according to a contributor to the GnosisDAO.

– Tools for Humanity’s Sada revealed that the transactions were caused by Worldcoin migration.

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