Analysis of WalletConnect Technical Architecture
Since its establishment in 2018, WalletConnect has become a key infrastructure connecting wallets and applications within the Web3 ecosystem. The core of its technical architecture is a permissionless set hash database, a design that achieves decentralized storage and efficient data interaction.
The Relay service uses end-to-end encryption, ensuring absolute privacy of user data during transmission, so that even if the data is intercepted, it cannot be decrypted. In the node system, active nodes, reserve nodes, and backup nodes each have their roles, ensuring stable network operation through staking WCT tokens and strict performance ratings. The entire technical architecture gradually transitions from centralization to decentralization, initially operated by Reown with permissioned nodes, and in the future, it will be completely governed by the community, ensuring current operational efficiency while laying a solid foundation for long-term development.