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Worldcoin Reveals Audit Results Amid Data Gathering Criticism

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Worldcoin Reveals Audit Results Amid Data Gathering Criticism

  • Nethermind and Least Authority, two security consulting organizations, undertook the audit.
  • Three problems were found by Least Authority, and six remedies were proposed.

As criticism of Worldcoin’s data-gathering tactics grows, the company disclosed its audit results on July 28. Nethermind and Least Authority, two security consulting organizations, undertook the latest research.

Worldcoin said that Nethermind discovered 26 security flaws in the protocol. 24 of which were “identified as fixed” during verification, with one being mitigated and another being acknowledged. Three problems were found by Least Authority, and six remedies were proposed. All three “have been resolved or have planned resolutions,” according to the release.

The new audit reports examine several aspects of security. Such as the system’s ability to withstand DoS assaults, any mistakes that may have been made during implementation, the system’s handling of encryption and signing keys, the integrity of stored data, and more.

Moreover, the remaining problem has been resolved, minimized, or has a solution in the works. The one security problem that hadn’t been resolved at the time of verification was marked as “acknowledged” with a severity rating of “undetermined.”

Uncertain Future Ahead?

In 2021, Worldcoin made headlines when it promised free tokens to anybody who could prove their humanity using an iris scan via a gadget dubbed an “Orb.” Sam Altman, who also established the AI software company OpenAI, created the initiative.

Furthermore, some in the crypto world saw the unveiling of the project as the beginning of an uncertain future in which privacy would be gone. On the other hand, some people considered it as an important precaution against dangerous AI.

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